Bokra is a platform designed to simplify investment and savings, offering tools and resources to help users manage their finances. The platform aims to make investing more accessible and efficient for individuals.
Funding
$59M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals in the MENA region lack access to accessible and Sharia-compliant investment opportunities, hindering their ability to achieve financial goals and build wealth. Traditional investment platforms often present complexities and barriers that deter novice savers and those seeking ethical investment options.
Solution
Bokra is a digital investment platform that provides individuals in the MENA region with Sharia-compliant investment options in asset-backed securities, including real estate, precious metals, and debt instruments. The platform simplifies the investment process, offering tools like a goal calculator to customize financial objectives and allowing users to select contribution amounts that fit their budget. Bokra provides transparent insights into investment management and progress through intuitive dashboards, empowering both novice and experienced investors to confidently pursue their financial aspirations. The platform is licensed and regulated by the FRA, ensuring the safety and security of investments.
Target Audience
Bokra targets individuals in the MENA region, including novice savers and seasoned investors, who seek accessible, secure, and Sharia-compliant investment opportunities to achieve their financial goals. Bokra Business targets enterprises looking for Sharia-compliant financial solutions, employee retention, and workforce development.
Features
- Goal calculator to customize financial objectives and project potential outcomes
- Flexible contribution options, including monthly or single payments
- Choice of receiving earnings daily, annually, or at maturity
- Intuitive dashboards for transparent review and management of investment goals
- Sharia-compliant investments in real estate, precious metals, and debt instruments
- Licensed and regulated by the Egyptian Financial Regulatory Authority (FRA)
- Mobile app available on iOS and Android
- Employee retention solutions through tailored financial solutions that reduce turnover
- Flexible salary options, including weekly salaries and salary in advance
- Treasury as a service to optimize cash flow and enhance liquidity
- Learning & Development Programs with Bokra Academy