Question 1

What is Bokra and how does it work?

Accepted Answer

Bokra is a Sharia-compliant digital savings and investment app that lets you save toward specific goals by investing your contributions into real-world assets such as physical gold mutual funds, real estate mutual funds, and sukuk. You choose your goals, use the in-app calculator to estimate how much and how long you need to save, then fund and withdraw flexibly through the mobile app while your money is invested in FRA-licensed products in Egypt.

Question 2

What countries does Bokra operate in?

Accepted Answer

Bokra is licensed and regulated by Egypt’s Financial Regulatory Authority and is designed primarily for users in Egypt. Its app stores and marketing focus on the Egyptian market, with savings and investments denominated in EGP.

Question 3

How do I sign up for Bokra?

Accepted Answer

You sign up for Bokra by downloading the Bokra app on your mobile device (Android or iOS) and creating an account through the in-app onboarding flow. You will then need to complete the required personal and regulatory information so you can start setting goals and funding your savings.

Question 4

Does Bokra have a mobile app?

Accepted Answer

Yes, Bokra has a mobile app available on Android (via Google Play) and iOS (via the Apple App Store). The website is mainly informational and directs you to download the app to use the service.

Question 5

Who is Bokra best suited for?

Accepted Answer

Bokra is best suited for individual consumers who want Sharia-compliant ways to save and invest in assets like gold, real estate, and sukuk, especially those in Egypt looking to protect their savings from inflation. It is particularly relevant for people who prefer goal-based saving with small starting amounts via their phone.

Question 6

How do I contact Bokra support?

Accepted Answer

You can contact Bokra support by emailing info@bokra.com or support@bokra.com. In addition, in-app customer support and Egyptian phone support are available throughout the week.

Question 7

Does Bokra have a plan for teams or businesses?

Accepted Answer

Bokra is primarily positioned for individual consumers and personal savings goals, not as a team or business platform. There is no publicly listed dedicated plan for teams or businesses in the consumer app offering.

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