Abu Dhabi-based Shariah-compliant investment platform Tabadulat has announced it has been granted a full Financial Services Permission (FSP) as a Category 3A licensed entity by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). T
e approval paves the way for the company to launch the UAE’s first free Halal trading platform.
This regulatory milestone follows an additional US$1 million in funding, bringing Tabadulat’s total committed capital to US$3.3 million to support its mission.
Securing Full Regulatory Approval
The full FSP marks Tabadulat’s transition from its In-Principle Approval (IPA) received earlier in the year to a fully regulated Islamic financial business operating within ADGM.
This approval gives the fintech company the green light to offer regulated global Halal brokerage services, providing a trusted and compliant investment solution for Muslim investors in the region and beyond.
“Obtaining our full FSRA license is a defining moment for Tabadulat and for Muslim investors globally,” said Samy Mohamad, Co-founder of Tabadulat. “It gives us the regulatory foundation to build a trusted, world-class platform that finally brings institutional-grade halal investing to the mass market.”
Addressing a Gap in Islamic Finance
Tabadulat aims to address long-standing challenges for Muslim investors, who have historically been served by fragmented tools, partially compliant options, or unregulated platforms.
By consolidating Shariah screening, brokerage services, and compliance monitoring into a single, regulated platform, Tabadulat removes the complexity and fragmentation that investors currently face.
Platform Features and Offerings
With its full FSRA license, Tabadulat is set to introduce a suite of features designed for the modern Muslim investor, including:
- Regulated Global Market Access: Direct investment access to compliant stocks and ETFs across the US, Europe, GCC, and Asia.
- Enhanced Shariah Governance: Continuous monitoring of listed assets to ensure ongoing compliance with AAOIFI-aligned Islamic finance standards.
- Real-Time Compliance Insights: Instant updates and alerts for investors when an asset’s compliance status changes.
- Transparent U.S. Stock Trading: Commission-free trading on U.S. stocks with no hidden fees and a strict prohibition of Riba (interest).
About Tabadulat
Founded in 2024 by Samy Mohamad (ex-Morgan Stanley), Ali Abdulkadir Ali (ex-Wahed Invest), and Ahmed Said (ex-Nomo Bank), Tabadulat is building the world’s first unified Shariah-compliant global brokerage platform. Operating under ADGM’s FSRA regulatory framework and AAOIFI standards, the platform is designed to eliminate Riba, Gharar, Maysir, and exposure to prohibited sectors. Tabadulat’s technology delivers continuous Shariah screening and real-time compliance alerts, providing access to halal equities and ETFs across major global markets.
Source: Zawya
