- Sabika, the gold and silver investment platform, raised a six-figure strategic investment led by M Empire Angels.
- The funding will support platform upgrades, AI-powered investment tools, and regional expansion starting with Saudi Arabia.
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Over 20,000 users across 27 Egyptian cities, with total transactions exceeding EGP 120 million.
Sabika, a local digital platform for gold and silver investment, announced it has secured a six-figure strategic investment. The funding round was led by M Empire Angels to support Sabika’s growth strategy and expansion plans across Egypt and the Gulf.
Where Will the Funds Be Used?
According to the company’s statement, the new capital will be allocated to:
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Enhancing the platform with improved features for users.
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Launching AI-powered investment tools to provide smarter and safer savings options.
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Expanding regionally, beginning with Saudi Arabia later this year.
What is Sabika?
Sabika was founded with the goal of offering users a simple and Sharia-compliant way to save and invest in gold and silver. The platform combines Islamic finance principles with real asset-backed savings, building stronger trust among its users.
So far, Sabika has achieved:
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A user base of 20,000+ investors across 27 cities in Egypt.
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More than EGP 120 million in transactions recorded to date.
CEO’s Statement
Ibrahim Anwar, CEO of Sabika, commented:
“People have always trusted gold… but they needed an investment system they could trust just as much. That’s exactly what we’re building with Sabika — simple, smart, Sharia-compliant, and built to last.”
Why This Investment Matters
The strategic funding highlights Sabika’s potential in the fast-growing market of gold and silver investment. Entering Saudi Arabia will unlock opportunities to serve a broader base of investors seeking safe, Sharia-compliant investment solutions in the region.
العربية (Arabic) To read the article in Arabic, click here
