Bokra
Bokra is a Cairo-based, FRA-licensed fintech operating a Sharia-compliant mobile savings and investment platform serving MENA retail investors and SMEs with Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk products.
- Company typePrivate
- Founded2023
- HeadquartersCairo, Egypt
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Bokra does
Bokra is a Cairo-based, Sharia-compliant digital savings and investment platform licensed by the Egyptian Financial Regulatory Authority under License No. 761. The company operates a mobile-first application available on iOS, Android, and Huawei AppGallery through which retail investors in the MENA region can access goal-based wealth products, including Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk. As of September 2025, the platform reports more than 45,000 clients, including over 2,000 first-time sukuk investors, indicating an early but scaling retail user base concentrated in Egypt.
The underlying platform combines AI-driven personalization for goal-based financial planning with blockchain-based infrastructure intended to provide transparency and traceability for investments in real-world assets. A named Sharia'h Committee (Dr. Magdy Ashour, Dr. Mohamed El Beltagy, and Dr. Abbass Shoman) certifies product compliance with Islamic law. Through its Aman Project Finance subsidiary, Bokra also operates in institutional Islamic capital markets, having structured an EGP 3 billion (~$58.9 million) Mudarabah Sukuk listed on the Egyptian Stock Exchange with a MERIS BBB+ rating, underwritten by a syndicate that includes Suez Canal Bank, Arab African International Bank, Al Baraka Bank, and Al Ahly Pharos.
Bokra's revenue model combines recurring asset management fees on retail mutual fund products with transaction-based fees from sukuk structuring, issuance management, and direct Sharia-compliant financings such as a $3 million revenue-based facility extended to I-Supply. Distribution is primarily self-serve through the mobile app for retail, with direct institutional sales for sukuk issuances. The company was founded in 2023, is privately held, and has raised $4.6 million in a pre-seed round led by DisrupTech Ventures with participation from SS Capital.
Bokra firmographics
Firmographics- Name
- Bokra
- Legal name
- Bokra
- Website
- https://bokra.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Bokra is a Cairo-based, FRA-licensed fintech operating a Sharia-compliant mobile savings and investment platform serving MENA retail investors and SMEs with Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk products.
- Ownership category
- akta.pro rank
Bokra industry classification
Industry- Product category
- Islamic Digital Wealth Management
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Asset-Backed Securities (6189), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Islamic Investment Banking & Capital Markets Services (FSABAGAG)
- akta.pro secondary industries
- Sukuk Origination & Structuring (Bank-led) (FSABAGAL), Islamic Private Banking & Wealth (FSABAGAD), Islamic SME & Commercial Banking (FSABAGAB)
Keywords
Where Bokra is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices1 record
Markets served
Bokra business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Bokra generates revenue through management fees on its investment products including Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk. The company serves over 45,000 clients including more than 2,000 first-time sukuk investors.
- Sukuk Issuance and Structuring: Bokra structures and manages sukuk (Islamic bonds) issuances for institutional clients, earning fees for structuring, issuance management, and investment management services through subsidiaries.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Bokra product offering
Product offeringCore offering
Bokra provides a Sharia-compliant digital savings and investment platform accessible through a mobile application, enabling users to invest in asset-backed products including Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk. The platform uses goal-based wealth management tools to help retail investors grow savings in real, tangible assets while complying with Islamic finance principles. The company also structures and manages sukuk issuances for institutional clients through its Aman Project Finance subsidiary.
Product overview
Bokra is a Sharia-compliant digital savings and investment platform operating as a unified mobile application in the MENA region. The platform provides a portfolio of asset-backed investment products including Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk, all structured to comply with Islamic law. The core Bokra App serves as the gateway for users to access these products through goal-based investment tools. The company also operates through its Aman Project Finance subsidiary, which facilitates SME financing and has issued sukuk listed on the Egyptian Stock Exchange. Bokra is licensed by the Egyptian Financial Regulatory Authority (FRA License No. 761) and targets retail investors and SMEs.
Differentiator
Problem solved
Functional benefit
Products and services
- Bokra Mobile Application A Sharia-compliant digital savings and investment mobile application available on iOS, Android, and Huawei AppGallery that enables users to invest in physical gold mutual funds, real estate mutual funds, and sukuk through goal-based investment products. Users sign up, choose financial goals, calculate savings targets, and access their money with flexibility to add funds or withdraw.
- Physical Gold Mutual Funds Sharia-compliant gold investment funds that allow users to protect and grow their wealth through exposure to physical gold, one of the asset classes available on the Bokra platform for retail investors.
- Real Estate Mutual Funds Sharia-compliant real estate investment funds providing users access to tangible real estate assets as part of a diversified investment portfolio accessible through the Bokra mobile application.
- Sukuk (Islamic Bonds) Sharia-compliant Islamic bonds (sukuk) that provide investors with asset-backed returns. Bokra offers sukuk as part of its investment product suite and has issued sukuk listed on the Egyptian Stock Exchange.
- Aman Project Finance Sukuk Issuance A 3 billion Egyptian pound Mudarabah Sukuk issuance for Aman Holding's Aman Business Finance, with an 84-month tenor and BBB+ rating from MERIS. Issued to support SMEs through Bokra's Aman Project Finance subsidiary with several financial institutions participating as promoters and underwriters.
- Revenue-Based Financing Sharia-compliant revenue-based financing for technology startups and SMEs in Egypt and the region, providing flexible financial solutions tied to business revenue performance.
Quantifiable outcome
- 45,000+ clients served including more than 2,000 first-time sukuk investors
Companies that use Bokra
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Bokra technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature2 records
Bokra partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- I-Supply (آي سابلاي)coreStrategic partnership where Bokra provided $3 million revenue-based financing to I-Supply, a leading tech platform for pharmaceutical distribution. The partnership aims to support I-Supply's growth and expand flexible financial facilities for pharmacies in Egypt.
- Aman Holding / Aman Project Finance (أمان لتمويل المشروعات)coreBokra issued EGP 3 billion Mudarabah Sukuk for Aman Project Finance, a subsidiary of Rayah Holding. The sukuk supports SMEs through Sharia-compliant project finance and is listed on the Egyptian Stock Exchange.
- MERIS Rating AgencyminorProvided BBB+ credit rating for Bokra's EGP 3 billion sukuk issuance, reflecting the strength of the issuance structure and market confidence.
- Sharia'h Committee (Dr. Magdy Ashour, Dr. Mohamed El Beltagy, Dr. Abbass Shoman)coreBokra's Sharia'h Committee oversees all products to ensure compliance with Islamic finance principles. The committee includes prominent Islamic scholars Dr. Magdy Ashour, Dr. Mohamed El Beltagy, and Dr. Abbass Shoman.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Bokra competitors and assessment
Company assessmentDirect peers
- Wahed Invest: Wahed Invest is a global digital Islamic investment platform offering goal-based, Sharia-compliant portfolios to retail investors. It is the closest direct competitor to Bokra in the digital Muslim-investor wealth-management category, targeting similar customer profiles across multiple geographies.
- Baraka: Baraka is a MENA-focused mobile app offering Sharia-compliant investing in US stocks and ETFs. It directly competes with Bokra for the same digital-first, Muslim retail investor persona in the region, though with a more equities-focused product set.
Emerging players
- Sarwa: Sarwa is a UAE-based digital wealth management and brokerage platform offering goal-based investing to retail clients in MENA. It overlaps with Bokra on retail digital wealth management but does not specialize in Sharia-compliant products.
- Nafa Finance: Nafa Finance is an emerging Islamic personal finance platform serving MENA consumers. It overlaps with Bokra in offering Sharia-compliant financial products to retail users, though its product focus is more on personal finance than asset-backed investing.
- Gate Tower Capital: Gate Tower Capital is a GCC-focused Sharia-compliant investment and advisory firm specializing in sukuk and real estate funds. It is comparable to Bokra's institutional sukuk origination and real estate mutual fund business.
Broad incumbents
- Al Baraka Bank Egypt: Al Baraka Bank Egypt is an established Sharia-compliant bank offering retail, SME, and investment banking products. It is both a competitor and a repeat underwriter on Bokra's sukuk, making it a critical incumbent comparable in Islamic finance.
- EFG Hermes: EFG Hermes is a leading Egyptian investment bank with asset management, brokerage, and capital markets businesses. It is comparable to Bokra's institutional side as an originator of structured and capital-markets products in Egypt.
- Abu Dhabi Islamic Bank: ADIB is a large UAE-headquartered Islamic bank offering retail, wealth, and capital-markets services across MENA. It represents the type of established Islamic financial institution that Bokra's digital-first model competes against for both retail AUM and institutional mandates.
- Kuwait Finance House: Kuwait Finance House is one of the largest Islamic banks globally with diversified investment, retail, and capital-markets offerings. Comparable to Bokra as a full-spectrum Islamic financial services player, though at vastly larger scale.
- HSBC Amanah: HSBC Amanah is the global Islamic banking arm of HSBC offering Sharia-compliant retail, wealth, and investment banking products. It is comparable as a large-scale provider of Islamic finance products across multiple markets, including sukuk origination.
Market position
Strengths5 records
Weaknesses2 records
Competitive moat4 records
Key risks2 records
Key highlights7 records
Customer concentration
Bokra social profiles
Digital presenceBokra compliance and trust
Trust signalCompliance3 records
Bokra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bokra leadership team
Management profileNumber of profiles
Profiles8 records
Bokra funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bokra M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bokra
What does Bokra do?
Bokra provides a Sharia-compliant digital savings and investment platform accessible through a mobile application, enabling users to invest in asset-backed products including Physical Gold Mutual Funds, Real Estate Mutual Funds, and Sukuk. The platform uses goal-based wealth management tools to help retail investors grow savings in real, tangible assets while complying with Islamic finance principles. The company also structures and manages sukuk issuances for institutional clients through its Aman Project Finance subsidiary.
Is Bokra a public or private company?
Bokra is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bokra founded?
Bokra was founded in 2023. It employs 51 to 100 people.
Where is Bokra based?
Bokra is headquartered in Cairo, Egypt, in the Africa region.
How does Bokra make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are sukuk Issuance and Structuring.
Who are Bokra's main competitors?
Direct peers on record are Wahed Invest and Baraka. Emerging players are Sarwa, Nafa Finance and Gate Tower Capital. Broad incumbents are Al Baraka Bank Egypt, EFG Hermes, Abu Dhabi Islamic Bank, Kuwait Finance House and HSBC Amanah.
Does Bokra have an API?
No public API is recorded for Bokra.
What industry is Bokra in?
Bokra's product category is Islamic Digital Wealth Management. Its primary akta.pro industry code is FSABAGAG, Islamic Investment Banking & Capital Markets Services, with a secondary code of FSABAGAL, Sukuk Origination & Structuring (Bank-led). Its NAICS code is 52394 and its SIC code is 6189.