Bokra, a leading goal-based digital savings platform in the Middle East and North Africa, has announced the launch of its new metals fund, “El Shekmgia.” This innovative fund enables individuals to save in 24-karat gold through a simple, secure, and Sharia-compliant digital platform. Subscriptions are set to open on April 1, 2026, with an initial target size of $184,000.
A Strategy for Accessible Savings
The introduction of “El Shekmgia” aligns with Bokra's core strategy to demystify savings concepts for the general public. The platform provides digital solutions backed by tangible assets, which enhances consumer trust and promotes long-term financial stability. This approach makes sophisticated investment tools more accessible to a broader audience seeking reliable savings options.
The fund's structure is based on direct investment in physical 24-karat gold bullion, providing a tangible backing for all digital savings. These gold bars are securely stored in high-standard, insured vaults to guarantee the safety of the underlying assets. This model offers investors peace of mind by combining modern digital convenience with proven physical security.
Investor-Focused Features and Rollout
Designed with the user in mind, the fund allows individuals to start their savings journey with as little as one Egyptian pound. It also offers complete flexibility for buying or redeeming holdings at any time based on official gold prices. Its full compliance with Islamic Sharia principles further broadens its appeal across the region.
Bokra has planned a two-phase rollout to ensure a smooth launch for all interested investors. The fund will initially be available exclusively to the platform's existing clients starting from April 1, 2026. Access will then be expanded to the general public two weeks later, on April 15, via the Bokra application.
Leadership's Vision on Value Preservation
Ayman El-Sawy, Founder and CEO of Bokra, described the fund as a smart and secure approach to cumulative savings. He noted that “El Shekmgia” provides a simple solution for gradual saving in real gold while preserving value against inflation. El-Sawy also affirmed the company's commitment to minimizing costs to deliver a more efficient user experience.
Expanding Access Through Strategic Partnerships
To ensure widespread availability, Bokra has established a broad network of subscription and redemption channels through reputable financial partners. This extensive network provides investors with convenient and trusted access points for managing their investments. Key partners include Bokra Holding, Thndr, MubasherTrade, Al Ahly Pharos, and Banque du Caire, creating a robust ecosystem.
The launch of the “El Shekmgia” fund marks a significant milestone for financial technology and inclusion within the MENA region. By blending the timeless security of gold with the efficiency of a modern digital platform, Bokra is empowering individuals to build financial resilience. This initiative solidifies the company's position as a forward-thinking leader in the evolving digital savings landscape.