Sabika, a digital platform that provides secure, transparent, and Sharia-compliant investment opportunities in gold and silver, has secured a six-figure USD strategic investment to accelerate its growth in Egypt and expand into the Gulf region. The funding round was led by M-Empire Angels, an investment network founded by entrepreneur and investor Dr. Maged Ghoneima.
Founded with the mission to make ethical wealth protection accessible, Sabika enables individuals and businesses to grow their savings through real, asset-backed investments in precious metals. By combining technology with financial integrity, the platform is building a modern investment experience rooted in trust, values, and long-term resilience.
Ibrahim Anwar, CEO of Sabika, explained the vision:
Gold has always been trusted, but people needed a system they could trust just as much. At Sabika, we’ve built a platform that is simple, smart, and aligned with our values. It’s not just about transactions; it’s about creating a sustainable and ethical ecosystem for long-term wealth protection.
He highlighted the company’s early traction:
Today, Sabika serves over 20,000 users across 27 cities in Egypt, with more than EGP 120 million in transaction volume, all achieved organically without any paid marketing. This clearly reflects the strong demand for a solution like Sabika.
Mohammed Darwish, Chief Technology Officer, emphasized the technological foundation:
Our platform is designed with scalability and security at its core. From smart tools and real-time pricing engines to leveraging top regional engineering talent, we’re delivering a seamless and reliable investment experience that can serve both today’s users and tomorrow’s growth.
Dr. Ashraf Ibrahim, Board Member, pointed to Sabika’s market impact:
Sabika is transforming how Egyptians access gold- and silver-backed assets. It eliminates the hassle of traditional purchasing and storage, while offering investors a practical hedge and a way to diversify portfolios with globally recognized safe-haven assets. By being fully digital, it ensures instant, flexible access to everyone, not just high-net-worth individuals.
Dr. Basem Elewa, Board Member and Sharia Auditor, reinforced Sabika’s ethical commitment:
Since day one, Sabika has operated in full compliance with the AAOIFI Shari’ah Standard on Gold. Every buying, selling, and holding process is aligned with contemporary Islamic jurisprudence. Our goal is to create a transparent and secure model that builds genuine trust with both users and investors.
For lead investor Dr. Maged Ghoneima, Sabika represents both purpose and opportunity:
I invested in Sabika because the team combines market knowledge, technical excellence, and strong ethical values, a rare mix. This is more than just a platform; it’s a mission-driven initiative designed for the region and deeply aligned with its values.
The newly raised investment will be directed toward enhancing Sabika’s platform features, integrating AI-driven tools, and fueling its upcoming expansion into the Saudi Arabian market in 2025.
Meet the Team Behind Sabika
- Ibrahim Anwar — Chief Executive Officer
A seasoned entrepreneur with over 15 years of experience, Ibrahim has founded multiple ventures including Elmawkaa (acquired), Daleducation, and ICanCoachYou. At Sabika, he drives the company’s vision, growth, and execution. - Dr. Ashraf Ibrahim — Board Member
A development economist and educator with more than 2.5 million YouTube subscribers, Dr. Ashraf shapes Sabika’s macroeconomic strategy and ensures its financial messaging builds user trust and supports long-term growth. - Dr. Basem Elewa — Board Member & Sharia Auditor
A recognized authority in Islamic finance and zakat auditing, Dr. Basem ensures Sabika’s operations fully comply with Sharia principles, providing rigorous ethical oversight. - Mohammed Darwish — Chief Technology Officer & Board Member
A FinTech and blockchain expert, Mohammed leads Sabika’s technical infrastructure and product innovation, with a focus on building scalable, compliant, and user-centric systems. - Dr. Maged Ghoneima — Founder, M-Empire Angels
An entrepreneur and investor with a strong background in business strategy, Dr. Ghoneima supports mission-driven startups across MENA by providing funding, advisory, and access to a wide ecosystem of growth enablers.
