The Rasheed (or Rashid) is a semi-automatic carbine, derived from the Hakim Rifle and used by the Egyptian military. Only about 8,000 Rasheeds were produced, making it a very rare rifle. As of 2004[update] a carbine was valued at approximately USD 400 to 600, depending on condition.
The Rasheed was designed by the Swedish engineer Erik Eklund, who based it on his previous Hakim Rifle (8 x 57 mm Mauser cartridge), which was itself a slightly modified version of the Swedish AG-42 Ljungman rifle (6.5 x 55 mm Swedish cartridge).
The carbine resembles the Soviet SKS carbine, particularly in the permanently-attached pivoting blade bayonet which appears identical to its Russian counterpart. The 12 in. (305 mm) blade bayonet pivots from a mount under the barrel, back into a recessed groove in the forend stock.
The carbine features a rear ladder sight, with a "battle" position for short-range fire as well as increments of 100 to 1000 metres, although the latter distance greatly exceeds the 300-metre effective range of the weapon. The semi-automatic mechanism is gas-operated through the direct impingement system.