Egypt-based digital investment platform Sabika has raised a six-figure strategic investment led by M Empire Angels. The funding will support its growth in Egypt while paving the way for entry into the Saudi market.
Scaling Ethical Investment
Sabika is positioning itself as a Sharia-compliant savings and investment platform that gives users access to gold and silver as asset-backed investments. Its goal is to provide an ethical, trusted, and accessible tool for wealth building.
The funds will be directed toward several key areas:
- Enhancing the core digital platform for smoother user experiences.
- Introducing AI-powered investment tools for smarter decision-making.
- Expanding operations in Egypt and entering the Saudi market this year.
Growing Presence in Egypt
Sabika has already built strong traction since its launch.
- The platform has attracted 20,000 users across 27 cities in Egypt.
- It has processed more than EGP 120 million in transactions.
- Its model is gaining appeal among users seeking both ethical and practical investment solutions.
This foundation sets the stage for scaling into the wider Gulf region, where appetite for Sharia-compliant financial products continues to grow.
A Platform Built on Trust
For Sabika, the value of trust lies at the core of its offering. By focusing on real asset-backed savings combined with Islamic finance principles, it aims to address the gap in ethical investment solutions.
CEO Ibrahim Anwar explained the vision clearly:
- Gold has always been a trusted store of value.
- What investors lacked was a system they could trust equally.
- Sabika is designed to be simple, reliable, and aligned with cultural and financial values.
This approach positions Sabika as more than a fintech tool. It is a platform designed for long-term resilience and user confidence.
Looking Ahead
With the new investment, Sabika is preparing for its next growth phase. The company will:
- Strengthen its digital capabilities to handle larger volumes.
- Explore new partnerships to accelerate regional expansion.
- Bring Sharia-compliant digital investing closer to mainstream adoption in the GCC.
As demand for ethical fintech solutions continues to rise, Sabika is aiming to become a leading player in Egypt and a competitive entrant in the Saudi market.