Morabaha Marina closes SAR 178 mln sukuk

22/02/2018 Argaam

Morabaha Marina closes SAR 178 mln sukuk


Morabaha Marina Financing Co. (MMFC) said on Thursday it has successfully issued SAR 178 million worth of sukuk.

 

The Riyadh-based company was authorized by The Saudi Arabian Monetary Authority (SAMA) in September 2014.

 

Its products and services include personal, auto, car leasing, and small and medium enterprises financing solutions.

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