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iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution

iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution
  • Bokra inks a USD 3M Sharia-compliant financing deal with healthtech startup iSupply to support responsible growth.
  • iSupply uses AI to optimize pharmaceutical supply chains and improve access across Egypt, especially in underserved regions.
  • The partnership highlights how fintech tools can fuel smarter, data-driven healthcare delivery at scale.

iSupply

What happened? Bokra, an investment platform, announced a USD 3 million Sharia-compliant financing agreement with iSupply, a platform for pharmaceutical and medical supply distribution.  

Ayman ElSawy, Founder and CEO of Bokra, said: “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.”

Who are they? Bokra is a MENA-based goal driven investment platform. It focuses on goal-based capital allocation in real-world assets: real estate, precious metals, and debt instruments.

Meanwhile iSupply is a digital platform for pharmaceutical and medical supply distribution. It leverages AI and predictive analytics to streamline procurement, optimize inventory, and resolve inefficiencies in the healthcare supply chain.

Healthcare

What is next? iSuppy aims to scale its operations and expand access to medical supplies across Egypt. Furthermore, with the funding it aims to enhance its supply chain operations and improve service in underserved communities.  The digital platform also aims to deepen its digital footprint across Egypt’s pharmaceutical ecosystem.

Ibrahim Emam, Co-founder and CEO of iSUPPLY, commented: “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.”
Why does this matter? The partnership represents the fusion of fintech and healthcare in order to advance a smarter and more equitable distribution of healthcare in Egypt. In addition, it also demonstrates the viability of revenue-based financing as a model for empowering SMEs and high-growth ventures.

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