Sabika, a leading digital platform for gold and silver investment, has secured a six-figure strategic investment led by M-Empire Angels, a prominent angel investment group founded by Dr. Maged Ghoneima. The funding is aimed at accelerating Sabika’s expansion plans across Egypt and the Gulf region.
The capital will be used to enhance the platform’s features, launch AI-powered investment tools, and support regional expansion, starting with Saudi Arabia in 2025.
Founded with the mission of providing secure, transparent, and Sharia-compliant gold and silver investment solutions, Sabika enables individuals and businesses to protect and grow their wealth through real, asset-backed savings.
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, stated:
“At Sabika, we are 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, added:
“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. It provides a practical hedging tool and opens the door to portfolio diversification with globally recognized safe-haven assets. Being a digital platform makes access flexible and instant, anytime and anywhere, making precious metals investment accessible to everyone — not just the wealthy.”
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 the AAOIFI Shari’ah Standard on Gold, ensuring that all buying, selling, and holding processes comply with contemporary Islamic jurisprudence. This commitment reflects our goal of building a transparent and secure investment model that earns the trust of users and investors alike.”
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.”
The investment will be used to enhance platform capabilities, integrate AI-driven tools, and support Sabika’s launch into the Saudi market in 2025, marking a significant step in regional expansion.
