About Haramain managed by Miqat Hospitality and operated by Hayad Services Sdn Bhd

Haramain managed by Miqat Hospitality and operated by Hayad Services Sdn Bhd supports a structured 60-room hotel-leasing operation in Madinah. The model distinguishes 59 customer-saleable rooms from one operational room and connects room inventory to seasonal pricing, bookings, collections and cost recovery.

The platform is designed to make responsibility explicit across the financier, commercial principal, Saudi cost-recovery operator and accommodation providers. Its purpose is disciplined execution: verified room rights, controlled bank accounts, documented costs, booking-to-bank reconciliation and reliable monthly reporting.

Financial forecasts are planning assumptions rather than guaranteed outcomes. Legal enforceability, tax treatment, Saudi VAT recovery, foreign exchange and occupancy require ongoing professional review and active board oversight.