Welcome to Sabika

Welcome to Sabika , your go-to platform for seamless and secure gold trading. Before you start using our services, please take a moment to carefully read and understand the following Terms and Conditions. By accessing or using our app, you agree to be bound by these terms.

Acceptance of Terms :

By accessing or using the Sabika app, you agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use the app.

Account Creation :

1.To use Sabika, you must create an account.


2.You agree to provide accurate and complete information during the registration process.


3.You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

Trading :

a. Gold Transactions: Sabika facilitates the buying and selling of gold. All transactions are subject to market conditions and prices.


b. Fees: Users may be subject to transaction fees. These fees are clearly outlined in our fee schedule, which can be accessed on the app.


c. Market Risks: Trading gold involves risks, and prices can fluctuate. Sabeka is not responsible for any financial losses incurred through trading activities.

KYC Verification :

1.Before adding funds or purchasing gold fractions, you must complete the Know Your Customer (KYC) verification process.


2.Sabika reserves the right to verify your identity at any time.


3.Failure to complete KYC verification may result in limitations on your account functionality.

Gold Fractions :

1.Sabika offers the ability to buy and sell gold fractions.


2.Gold fractions are digital representations of physical gold held by Sabika.


3.You do not have the right to physical delivery of gold fractions.

Wallet :

1.Sabika provides a wallet for users to add funds for purchasing gold fractions.


2.Funds added to the wallet can only be used to purchase gold fractions or withdrawn as proceeds from gold fraction sales.


3.Funds that have not been used to purchase gold fractions cannot be withdrawn.

Purchases and Sales :

1.You can buy and sell gold fractions through the Sabika app at any time and from any location.


2.Sabika reserves the right to temporarily suspend trading for maintenance or other reasons.


3.All purchases and sales of gold fractions are subject to the terms and conditions of Sabika.

Phone Number :

1.Your phone number is linked to your Sabika account and cannot be changed.

Security :

1.You are responsible for safeguarding your account credentials.


2.Sabika employs industry-standard security measures to protect user data.


3.However, Sabika cannot guarantee complete security and is not liable for any unauthorized access to your account.

Limitation of Liability :

1.Sabika is not responsible for any losses incurred as a result of fluctuations in the price of gold or any other market conditions.


2.Sabika is not liable for any indirect, incidental, or consequential damages arising from the use of the app.

Termination :

1.Sabika reserves the right to terminate your account at any time without notice, for any reason.


2.Upon termination, your access to the app and your account will be disabled.

Governing Law :

These Terms and Conditions are governed by and construed in accordance with the laws of the Central Bank of Egypt. Any disputes arising under or in connection with these terms shall be subject to the exclusive jurisdiction of the courts 1 in Central Bank of Egypt.

Changes to Terms :

Sabika reserves the right to modify these Terms and Conditions at any time. Changes will be effective upon posting on the app.