Bokra, the MENA goal-based digital investment platform, has announced a $3 million Sharia-compliant financing agreement with iSUPPLY, a digital pharmaceutical and medical supply distribution. The deal will power iSUPPLY’s next phase of growth and at the same time expand access to critical medical supplies across Egypt.
Unlike traditional funding methods, this collaboration introduces a revenue-based, revolving financing model, entirely structured in line with Islamic finance principles. For Bokra,
“This partnership reflects Bokra’s mission to unlock high-impact, Sharia-compliant investment opportunities that generate meaningful economic and social value,” said Ayman ElSawy, Founder and CEO of Bokra. “By backing a data-driven healthcare disruptor like iSUPPLY, we’re showing how ethical finance can drive growth in essential sectors.”
iSUPPLY is scaling its operations using artificial intelligence and predictive analytics. It mainly uses these technologies to streamline procurement, manage inventory and resolve inefficiencies in the healthcare supply chain.
“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,” said Ibrahim Emam, Co-founder and CEO of iSUPPLY.
This partnership shows how fintech innovation can directly support health sector resilience. This is especially so in underserved communities. It also highlights a growing appetite for non-dilutive, revenue-based financing models that allow startups to grow without giving up equity.
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