Tabadulat, the Shariah-compliant brokerage platform registered with Abu Dhabi International Market (ADGM) and recipient of In-Precept Approval from ADGM’s Monetary Companies Regulatory Authority (FSRA), has formally registered as a member of the Accounting and Auditing Group for Islamic Monetary Establishments (AAOIFI), changing into a part of this globally revered standards-setting physique.
This membership signifies Tabadulat’s dedication to upholding the very best ranges of Shariah compliance, governance, and transparency, whereas increasing its moral funding choices for Muslim traders worldwide.
Based in 1991 and headquartered in Bahrain, AAOIFI is a non-profit worldwide organisation answerable for creating Shariah, accounting, auditing, governance, and ethics requirements for Islamic monetary establishments and transactions. Typically considered the “Gold Commonplace” of Islamic finance, its mission is to standardise and harmonise practices globally, guaranteeing they align with the ideas of Shariah and worldwide finest practices.
Samy Mohamad, CEO and Co-founder of Tabadulat, commented: “Becoming a member of AAOIFI as a member is a serious milestone in our journey to form the way forward for Shariah-compliant investing. Our platform was constructed to supply transparency, accessibility, and fairness to each Muslim investor. By aligning with AAOIFI’s globally recognised requirements, we’re reinforcing our basis for progress, particularly as we discover real-world asset tokenisation and digital asset buying and selling inside an Islamic framework.”
Sheikh Omar Mustafa Ansari, Secretary Basic of AAOIFI, added: “We’re happy to welcome Tabadulat as a member of AAOIFI. Their deal with digital innovation and dedication to Shariah-compliant investing mirror the forward-looking spirit we purpose to advertise within the Islamic finance business.”
By means of this collaboration, Tabadulat will profit from AAOIFI’s complete Shariah and governance frameworks, periodic updates, and coaching applications. The partnership additionally opens the door for Tabadulat to contribute to AAOIFI’s working teams and business dialogues, supporting the continual growth of moral fintech options.