UAE-based fintech startup, Tabadulat Limited has received In Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a significant step forward in the development of a Shariah compliant global investing platform.
The approval aligns with the UAE Cabinet’s recently launched National Strategy for Islamic Finance and Halal Industry, which aims to position the UAE as a global hub for Islamic finance and drive leadership in sustainable financial services. Tabadulat is currently in the process of obtaining its full Financial Services Permission and has already secured $2.3 million in committed investment.
Founded in 2024 by Samy Mohamad and Ali Abdulkadir Ali, Tabadulat was created to address a long standing gap in halal investment solutions. Muslim investors have historically had limited options in global markets and often relied on third party screening services or local brokers to maintain compliance with Islamic finance principles.
“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.”
Ali Abdulkadir Ali, Co-founder of Tabadulat said that 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.
With the global Islamic finance market projected to reach $7.5 trillion by 2028, Tabadulat’s launch is timely. The platform will adhere to the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards, widely recognized as the benchmark in Islamic finance.
The platform is designed to offer a comprehensive, mobile first user experience focused on Shariah compliance and financial accessibility. Key features of the platform include:
Global Market Access: Investors can trade halal stocks across global markets including the US, Europe, GCC, and Asia.
Advanced Halal Stock Screener: All listed stocks and ETFs will be screened daily for Shariah compliance, enabling users to make informed investment decisions without the need for external tools.
Ultra low Fees: Transparent pricing with transaction fees starting at 0.25 percent, and no hidden charges or interest (Riba).
Portfolio Analytics: Includes detailed Shariah reporting and investment tracking tools at no additional cost.
Built in Zakat Calculator: Assists users in meeting their religious obligations without external assistance.
Developed for Muslim investors seeking full Shariah compliance, Tabadulat will enable halal investments in global capital markets, avoiding Riba (interest), Gharar (excessive uncertainty), Maysir (gambling), and haram sectors.
The platform will distinguish itself from conventional brokers and robo-advisors by offering real time Shariah compliance monitoring. Investors will receive instant updates if a previously compliant asset becomes non compliant, ensuring that portfolios remain fully aligned with Islamic ethical standards.
Tabadulat’s entry into the fintech landscape reflects growing global demand for accessible, faith based investment solutions and reinforces Abu Dhabi’s position as a rising center for Islamic finance innovation.
