Join 14 others & invest in SAKEENAH

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 12 % discount

    $0 share value remaining

    $88 Price/Share

  • 2nd.

    Second Tranche

    Shares will be sold at a 8 % discount

    $0 share value remaining

    $92 Price/Share

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $39,018 share value remaining

    $95 Price/Share

  • 4th.

    Fourth Tranche

    Shares will be sold at a 0 % discount

    - share value remaining

    $100 Price/Share

Minimum investment size 500 500

How much do you want to invest?
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Available for investment $239,018
Exchange rate applied for this proposal:
Number of shares to be purchased$
Price/Share before discount$
Note: This proposal accepts overfunding; remember it is optional whether the proposal owner decides to accept any overfunding commitments.
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Why SAKEENAH?

Why invest?

1. We are EIS/SEIS Approved Startup
2. The only solution in the market for a Muslim audience
3. Incubated at In5 Media, Dubai United Arab Emirates
4. Experienced team in Startup environment and also in the corporate world.
5. Addressing a 475 Million Muslim's market which is not addressed direct ... see more.

Notable Press

We were featured in Forbes Middle East during the early days of Covid-19 We were also covered by Khaleej Times, Dubai, United Arab Emirates

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The Team

Chief Product Officer
Chief Content Officer
Chief Mental Health & Informatics Officer
Meet the Team


Offering mental health solutions to 475 million Muslims suffering from different issues related to mental well-being

Why SAKEENAH?

1. We are EIS/SEIS Approved Startup
2. The only solution in the market for a Muslim audience
3. Incubated at In5 Media, Dubai United Arab Emirates
4. Experienced team in Startup environment and also in the corporate world.
5. Addressing a 475 Million Muslim's market which is not addressed directly.
7. We are not just another meditation app but aiming to become a home to offer a complete solution including access to the experts and support groups.
8. Currently having more than 15,000 users of the beta version with approx 400 paid users
9. We are also incubated at Enterprise Innovation Centre of University of Bradford, United Kingdom
10. Aiming to become only medically backed app in the market

Notable Press

We were featured in Forbes Middle East during the early days of Covid-19 We were also covered by Khaleej Times, Dubai, United Arab Emirates

The Business

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Anxiety, depression and mental health issues can be referred to as feelings of sadness, worthlessness, and restlessness that are hazardous enough to impair physical well-being. The lack of awareness among masses about mental health, the stigma attached and lack of access to its treatment are few of the major challenges faced in this field. Until recently, mental health issues were not even regarded as an illness, particularly in the Muslim community. Muslims have a belief that God is the supreme power to bless anyone with health or illness and instead of taking mental issues as serious illness like other physical diseases, Muslims often resort to only praying. Generally, a Muslim will go to a doctor for fever, but for depression, he will pray, which definitely is only partially effective. It has to be combined with medication and meditation, in light of Quran and Sunnah.

The number of Muslims globally, facing mental health issues, varies in different countries. From the lowest figure of 0.7 million in the Netherlands to a maximum of 45.4 million in Indonesia. The total number of Muslims using smartphones in the countries listed amounts to 204 million, with 34 million of probable facing mental health issues. The Company projects to capture one million users by the end of 2023, which is less than 3% of the total potential market. The Company has taken a conservative approach to estimating these figures and expects the actual figures to go much higher, resulting in higher than expected subscriptions and profits.

The proceeds will primarily be used in below ratio;
40% content development, platform development
40% on marketing
20% on operational cost

The following exit strategies have been considered and approved by the founders

1. We plan to offer a Share Buy back to all shareholders investing in this round five years following the issuance of shares. The price per share at which the Buy back will be offered shall be determined based on the market value of the Company at that point.

2. We aim to pay all shareholders an annual dividend whenever possible. This shall ultimately be at the discretion of the Board of Directors, who will approve the dividend payment based on the Company’s annual performance.

3. We anticipate a possible acquisition by a global competitor taking place over the next 5-7 years, which is very likely to yield a high multiple exits to any shareholders present at the time.

Public documents

The Investors

Be an early adopter

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 12 % discount

    $0 share value remaining

  • 2nd.

    Second Tranche

    Shares will be sold at a 8 % discount

    $0 share value remaining

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $39,018 share value remaining

  • 4th.

    Fourth Tranche

    Shares will be sold at a 0 % discount

    - share value remaining


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Financials

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