Hakim Rifle
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The Hakim Rifle (70,000 produced) is an accurate, reliable, gas operated semi-automatic rifle. It was originally designed by the Swedes and produced as the AG-42 Ljungman for the Swedish Army. The tooling and design were later sold to the United Arab Republic (Egypt), and the Hakim was produced there during the 1950's and 60's. The adjustable gas operated system is very simple and is not unlike the U.S. M16 rifle.
The Hakim features the proven and very strong tipping bolt system like the FN49, Russian SKS and French MAS56 rifles. Available in 8 mm Mauser caliber, 192 grain (12 g) bullet only, it is a finely machined (expensive to produce), sturdy semi-automatic rifle of the highest quality. The Hakim has a removable 10 round magazine intended to be reloaded with 5 round stripper clips (8 mm Mauser), a leather sling and detachable bayonet. It was replaced in the 1960's by the Soviet AK47 but was kept in military reserve.
The Rasheed in 7.62 x 39 mm (also manufactured in Egypt) is a scaled down version of the Hakim.
Only about 8000 Rasheeds were produced, making it a very rare rifle indeed. A Hakim in excellent condition ranges in value from $350 to $500. A Rasheed ranges from $400 to $600 (2004).