Bokra, a MENA-based digital investment platform focused on goal-driven and ethical finance, has partnered with iSUPPLY, a digital healthtech leader, to provide $3 million in Sharia-compliant revenue-based financing. This agreement aims to support the expansion of iSUPPLY’s pharmaceutical and medical supply distribution platform across Egypt. The funding is structured as a revolving facility aligned with Islamic finance principles, offering flexible, non-dilutive capital to power growth.
Ethical Financing for Real-World Impact
This strategic alliance underscores Bokra’s commitment to offering high-impact, Sharia-compliant investment opportunities that generate both economic returns and social value. The revenue-based financing model allows Bokra’s investors to participate in a purpose-driven asset while enabling iSUPPLY to grow sustainably. Ayman ElSawy, Bokra’s Founder and CEO, emphasized that ethical finance can be a catalyst for progress in essential sectors like healthcare, bridging investor goals with long-term development outcomes.
Empowering a Data-Driven Healthcare Disruptor
iSUPPLY plans to deploy the new funding to enhance its digital capabilities and strengthen its logistics infrastructure. The company, which serves thousands of pharmacies across Egypt, leverages artificial intelligence and predictive analytics to optimize procurement and inventory management. By addressing chronic inefficiencies in the supply chain, iSUPPLY aims to improve access to medicine in underserved and remote areas.
Non-Dilutive Capital to Sustain Responsible Growth
The revenue-based financing mechanism ensures that iSUPPLY retains full equity control while gaining access to the capital it needs to scale. Ibrahim Emam, Co-founder and CEO of iSUPPLY, highlighted that this financing model enables the company to stay focused on its mission: making access to medicine faster, more reliable, and tech-enabled. The funding will allow the startup to build more resilient supply chains without compromising its long-term vision.
Aligning Fintech and Healthtech for Inclusive Growth
This partnership exemplifies how collaboration between fintech and healthtech players can yield transformative outcomes in critical sectors. Both companies share a vision of harnessing innovation to create inclusive and sustainable value, particularly in emerging markets like Egypt. The deal also signals a broader shift in the region toward revenue-based financing as a viable tool for empowering high-growth SMEs without the downsides of equity dilution.
Building on a Track Record of Ethical Finance
The $3 million agreement follows Bokra’s earlier success in structuring Egypt’s largest EGP 3 billion sukuk issuance for Aman, another milestone in its mission to promote asset-backed, Sharia-compliant investment solutions. Bokra’s platform specializes in real-world asset classes such as real estate, precious metals, and debt instruments, with a strategy rooted in goal-based capital allocation. This latest transaction reflects the company’s growing portfolio of investments that blend purpose with performance.
A Vision for a Smarter, Healthier Future
As iSUPPLY accelerates its digital transformation, this financing will play a critical role in expanding the reach of its solutions and improving healthcare access at scale. The use of advanced technologies, combined with ethical funding, aims to reshape the pharmaceutical supply chain and address pressing gaps in healthcare delivery. Both Bokra and iSUPPLY view this collaboration as a long-term commitment to impact-driven growth in Egypt and potentially across the wider region.
The Bokra-iSUPPLY partnership stands as a powerful example of how strategic financing, rooted in ethical and religious principles, can unlock growth in essential industries. By fusing fintech innovation with healthtech scalability, the deal not only advances medical access in Egypt but also reinforces the potential of revenue-based models to drive meaningful economic development. As both companies move forward, they set a precedent for how inclusive investment platforms can deliver real-world impact across MENA and beyond.