Cairo - Mubasher: Sabika, a Sharia-compliant digital platform for gold and silver investment, secured a USD six-figure strategic investment led by M Empire Angels to support its expansion in Egypt and the Gulf region.
The investment will be used to enhance platform features and integrate AI-driven tools, according to a press release.
Meanwhile, the funds will also support the company’s planned 2025 Saudi expansion.
Founded in 2022, Sabika provides secure, transparent, and Sharia-compliant gold and silver services through a modern digital platform.
The platform offers individuals and businesses an accessible way to protect and grow their wealth with real, asset-backed savings.
Ibrahim Anwar, CEO of Sabika, said: “We have reached over 20,000 users across 27 cities in Egypt, with more than EGP 120 million in transaction volume, all achieved organically, without paid marketing.”
