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Egypt’s iSUPPLY secures $3M Sharia-compliant investment

May 6, 2025
iSUPPLY secures $3M Sharia-compliant investment

The MENA region's first goal-driven digital investment platform Bokra announced a $3 million Sharia-compliant financing agreement with iSUPPLY — an AI-powered digital platform for pharmaceutical and medical supply distribution — to scale its operations and expand access to medical supplies across Egypt.

Through this collaboration, Bokra has structured a revenue-based revolving financing model that fully complies with Sharia principles. This funding will fuel iSUPPLY's expansion by enhancing its supply chain operations and improving service in underserved communities.

This partnership represents a shared commitment to innovation and impact, bringing together FinTech and HealthTech to advance a smarter, more equitable future for healthcare distribution in Egypt and beyond. Furthermore, it demonstrates the viability of revenue-based financing as a model for empowering SMEs and high-growth ventures across strategic sectors.

Funding 💰

Round $3M
Other
Lead investor(s) Bokra

Quotes 💬

“
We're proud to partner with Bokra to accelerate our mission. Access to flexible, non-dilutive financing enables us to grow responsibly and stay laser-focused on what matters most, making access to medicine faster, more reliable, and powered by data.
— Ibrahim Emam, Co-founder and CEO of iSUPPLY
“
This partnership reflects Bokra's mission to unlock high-impact, Sharia-compliant investment opportunities that generate meaningful economic and social value. By extending a revenue-based revolving financing to iSUPPLY, we're supporting a data-driven healthcare disruptor to scale responsibly while offering our investors access to a real economy product that delivers purpose-driven returns. It's a clear example of how ethical finance can fuel growth in essential sectors and drive sustainable, long-term outcomes.
— Ayman ElSawy, Founder and CEO of Bokra

About 🏢

i'SUPPLY operates an AI-powered, mobile-enabled marketplace for pharmaceuticals, enabling and connecting pharmaceutical businesses to enhance and augment their traditional brick-and-mortar platforms with data-driven disruptive sales, distribution, and procurement solutions. The platform optimizes procurement processes and provides a one-stop-shop solution that supports industry stakeholders in quickly predicting and overcoming supply chain disruptions. For some of its customers, i'SUPPLY also offers convenient access to credit working capital. more
source

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