Bokra, the MENA region’s pioneering Sharia-compliant digital savings and investment platform based in Egypt, today announced the strategic relaunch of its mobile application. The newly redeveloped platform introduces a wide range of enhanced features for both individuals and enterprises, enabling them to save and invest securely and transparently through a fully digital journey.
By the Numbers
The platform has seen significant early adoption, particularly among first-time investors:
- 45,000+ Clients: The number of clients Bokra currently serves.
- 2,000+ First-Time Investors: The number of new investors who entered the sukuk market through the platform.
Democratizing Access to Asset-Backed Digital Savings
Since its inception, Bokra’s mission has been to democratize access to asset-backed digital savings through financial technology that is safe, transparent, and Sharia-compliant. The platform focuses on goal-based capital allocation in real-world assets through structured financial instruments like sukuk, real estate, and precious metals.
“Our rapid success in attracting tens of thousands of users and enabling them to participate directly in sukuk with competitive returns demonstrates that our vision addresses real and pressing needs within Egypt and the wider region,” said Ayman El-Sawy, Founder and CEO of Bokra.
A Re-engineered App with AI-Driven Capabilities
The relaunched app has been re-engineered with cutting-edge financial technologies and embedded AI-driven capabilities, giving clients a smoother, more secure, and highly personalized savings and investment journey. Earlier this year, Bokra obtained authorization from the Egyptian Financial Regulatory Authority (FRA) to operate as a licensed fintech platform, a landmark approval that allows clients to open accounts, sign contracts electronically, and execute all financial transactions securely through the app. The license also empowers Bokra to provide an extensive suite of non-banking financial services, including electronic KYC and digital recordkeeping.
Source: Zawya
