Sabika is a digital platform that lets people invest in gold and silver in a safe, transparent, and Sharia-compliant way.
The company has raised a six-figure USD strategic investment to grow in Egypt and the Gulf. The round was led by M-Empire Angels, founded by investor and entrepreneur Dr. Maged Ghoneima.
Sabika wants to make investing simple and ethical. Through its digital platform, it helps people and businesses save and grow their money with real, asset-backed gold and silver.
Ibrahim Anwar, CEO of Sabika, said, “People have always trusted gold — but they needed a system they could trust just as much. That’s what we’re building at Sabika: a platform that is simple, smart, aligned with our values, and built for long-term resilience.”
He added, “Today, we’ve 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. This clearly proves the market’s real need for a solution like Sabika.”
Mohammed Darwish, Chief Technology Officer, said, “At Sabika, we’re building a scalable, secure infrastructure capable of supporting current and future users. We rely on smart tools, real-time pricing engines, and top regional engineering talent to deliver a reliable, seamless digital investment experience.”
Dr. Ashraf Ibrahim, Board Member, stated, “Sabika represents a real shift in the Egyptian market — it gives savers and investors access to gold- and silver-backed assets without the hassle of traditional purchasing and storage.
Sabika gives people a smart way to protect their money and diversify their investments with trusted safe-haven assets like gold and silver. As a digital platform, it offers quick and easy access anytime, anywhere — making precious metals investment available to everyone, not just the rich.
Dr. Basem Elewa, Board Member and Sharia Auditor, commented, “Since its inception, Sabika has been fully committed to Islamic principles in all its transactions and operational models.
The platform follows AAOIFI Shari’ah rules for gold, making sure all buying, selling, and holding is done according to modern Islamic guidelines. This shows our commitment to building a safe and transparent investment model that people and investors can trust.
Dr. Maged Ghoneima, Founder of M-Empire Angels, said, “I invested in Sabika because the team brings together deep market understanding, strong technical execution, and solid ethical values — a rare combination. Sabika is more than just a platform; it’s a purpose-driven initiative designed for this region and aligned with its values.”
Maged Ghoneima is the founder of M-Empire Angels, an investment network that supports mission-driven startups in the MENA region.
With his strong background in business strategy, he helps startups by giving them funding, advice, and valuable connections in the ecosystem.
Read more- Trigo Founder Launches Gain Raises $12M Seed to Introduce AI ‘Employees’ for Procurement
