Tabadulat, the Shariah-compliant brokerage platform regulated under Abu Dhabi Global Market (ADGM) and holder of an In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA), has joined the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading global body setting standards for Islamic finance.
The new membership underscores Tabadulat’s dedication to maintaining the highest standards of Shariah compliance, governance, and transparency, while further developing its range of ethical investment products designed for Muslim investors worldwide.
Established in 1991 and headquartered in Bahrain, AAOIFI is a non-profit international organisation that sets Shariah, accounting, auditing, governance, and ethics standards for Islamic financial institutions and transactions. Recognised as the “Gold Standard” in Islamic finance, AAOIFI’s mission is to harmonise industry practices globally, ensuring consistency with Shariah principles and international benchmarks.
Samy Mohamad, CEO and Co-founder of Tabadulat, commented: “Joining AAOIFI as a member is a major milestone in our journey to shape the future of Shariah-compliant investing. Our platform was built to provide transparency, accessibility, and equity to every Muslim investor. By aligning with AAOIFI’s globally recognised standards, we’re reinforcing our foundation for growth, especially as we explore real-world asset tokenisation and digital asset trading within an Islamic framework.”
Sheikh Omar Mustafa Ansari, Secretary General of AAOIFI, added: “We are pleased to welcome Tabadulat as a member of AAOIFI. Their focus on digital innovation and commitment to Shariah-compliant investing reflect the forward-looking spirit we aim to promote in the Islamic finance industry.”
Through its collaboration with AAOIFI, Tabadulat will gain access to extensive Shariah and governance frameworks, industry updates, and professional training initiatives. The partnership also provides opportunities for Tabadulat to contribute to AAOIFI’s global working groups, supporting the advancement of ethical fintech and digital investment solutions.