Tabadulat Limited has received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a significant step in its plan to launch a fully Shariah-compliant investing platform in the United Arab Emirates.
The approval positions Tabadulat to serve a growing base of Muslim investors seeking halal access to international markets. The announcement comes shortly after the UAE Cabinet approved its National Strategy for Islamic Finance and Halal Industry on May 6, a policy aimed at building a globally competitive Islamic finance sector and expanding its sustainable finance capabilities.
“We will empower Muslim investors to invest globally without compromising their faith”
Samy Mohamad, Co-founder of Tabadulat, commented, “Tabadulat will not just be a trading platform but will be a movement. We will empower Muslim investors to invest globally without compromising their faith. Tabadulat will offer its clients control, transparency, and compliance in one seamless platform.”
Once fully licensed, Tabadulat will enable users to invest in halal stocks and ETFs from markets across the United States, Europe, the GCC, and Asia. The platform will rely on a proprietary screening system that evaluates assets daily for Shariah compliance, eliminating the need for external paid tools. All offerings will follow the standards set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Ali Abdulkadir Ali, Co-founder of Tabadulat, commented, “Muslim investors may soon be able to trade halal stocks with peace of mind, knowing that every asset they invest in will be to the highest standards of Islamic finance.”
The company is currently working toward receiving full Financial Services Permission from ADGM’s FSRA. Its business model includes a committed investment of $2.3 million and will operate under the regulatory framework of ADGM, a hub for financial innovation in the UAE.
Tabadulat’s core features include ultra-low transaction fees starting at 0.25 percent, with a strict prohibition on Riba, or interest. Users will also gain access to portfolio management tools, including automated Zakat calculators and full Shariah compliance reports at no extra charge.
The platform’s launch is expected to coincide with accelerating growth in Islamic finance, with the global market projected to reach $7.5 trillion by 2028. Tabadulat’s entry is set to address a longstanding gap in global halal investing, particularly for retail users seeking ethical and compliant options in a digitized and cost-efficient format.
