Logo ofMorabaha Marina Financing Co. (MRNA)
Morabaha Marina Financing Co. (MRNA) said on Sept. 2 it had completed a capital increase at its subsidiary, Digital Payments Co. (Loop), raising its capital to SAR 49.375 million from SAR 19.5 million. 
The SAR 29.875 million increase represents a 153.21% rise, MRNA said in a statement to Tadawul.
The capital increase procedures were completed, and Loop’s amended capital was registered on Aug. 17, the company said. The increase aims to strengthen Loop’s financial position, support its operational needs, and fund its future plans.
MRNA contributed SAR 23.9 million to the increase, maintaining its 80% stake in Loop after the transaction.
The capital increase will not affect MRNA’s ownership stake in Loop, while its impact will be reflected in the company’s consolidated financial statements in accordance with relevant accounting standards, MRNA said.
Capital increase details
Capital before increase
SAR 19.5 million
Increase value
SAR 29.875 million
Increase percentage
153.21%
Loop’s capital after increase
SAR 49.375 million
MRNA’s contribution to increase
SAR 23.9 million
MRNA’s ownership after increase
80%
Record date
Aug. 17, 2026
Purpose
Strengthen financial position and support operational needs and future plans
Logo ofMorabaha Marina Financing Co. (MRNA)
Morabaha Marina Financing Co. (MRNA) said on Sept. 2 it had completed a capital increase at its subsidiary, Digital Payments Co. (Loop), raising its capital to SAR 49.375 million from SAR 19.5 million.
The SAR 29.875 million increase represents a 153.21% rise, MRNA said in a statement to Tadawul.
The capital increase procedures were completed, and Loop’s amended capital was registered on Aug. 17, the company said. The increase aims to strengthen Loop’s financial position, support its operational needs, and fund its future plans.
MRNA contributed SAR 23.9 million to the increase, maintaining its 80% stake in Loop after the transaction.
The capital increase will not affect MRNA’s ownership stake in Loop, while its impact will be reflected in the company’s consolidated financial statements in accordance with relevant accounting standards, MRNA said.
Capital increase details
Capital before increase
SAR 19.5 million
Increase value
SAR 29.875 million
Increase percentage
153.21%
Loop’s capital after increase
SAR 49.375 million
MRNA’s contribution to increase
SAR 23.9 million
MRNA’s ownership after increase
80%
Record date
Aug. 17, 2026
Purpose
Strengthen financial position and support operational needs and future plans
