Abu Dhabi - Sharikat Mubasher: Mal, the first AI-native Islamic digital financial platform based in Abu Dhabi, officially opened its new office in Egypt as part of its regional expansion strategy.

The Cairo office will support Mal’s plans to create opportunities in target markets, attract exceptional technology talent, and build a local team that supports the company’s long-term growth strategy, the fintech company revealed in a recent statement.

The opening ceremony was attended by Mal’s Founder and CEO, Abdallah Abu-Sheikh, who showcased the company’s regional ambitions and emphasized that opening the Cairo office represents more than geographical expansion.

Through the new office, Mal positions itself to leverage Egypt’s talent pool while strengthening the operational foundation for its broader regional expansion.

Mal is developing an AI-native digital banking platform designed to deliver Shariah-compliant financial services through a mobile-first experience. It enables individuals and businesses to manage more of their financial lives in one place, from earning and spending to financing, investing, saving, and growing their wealth.

Its expanding portfolio includes global accounts for freelancers and global earners, AI-powered personal finance tools, lifestyle financing for shopping, travel, and education, and intelligent business solutions that help SMEs streamline operations, improve cash flow, and accelerate growth.