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Shariah governance

Halal isn't a label here. It's the license.

Our entire FSRA permission covers Shari'a-compliant regulated activities. Here is every scholar, standard, and certificate behind that.

Regulated by ADGM FSRA · Permission No. 250032

Meet the Scholars Who Oversee Tabadulat

Our Shariah Supervisory Board brings together respected Islamic scholars who oversee our products and operations, ensuring Shariah compliance remains central to everything we do.

Sheikh Muhammad Ahmad Sultan

Sheikh Muhammad
Ahmad Sultan

Sheikh Muhammad Ahmad Sultan

Sheikh Dr. Irshad
Ahmad Aijaz

Sheikh Muhammad Ahmad Sultan

Sheikh Dr. Salah Fahad
Al Shalhoob

Sheikh Muhammad Ahmad Sultan

Sheikh Muhammad Ahmad Sultan

Masters in Fiqh and Usool ul Fiqh • 15+ years in GCC Islamic finance

Sheikh Dr. Irshad Ahmad Aijaz

Sheikh Dr. Irshad Ahmad Aijaz

Ph.D., Jamia Dar-ul-Uloom • Chairman, Shariah Advisory Committee, State Bank of Pakistan

Sheikh Dr. Salah Fahad Al Shalhoob

Sheikh Dr. Salah Fahad Al Shalhoob

Ph.D., University of Edinburgh • Assistant Professor, KFUPM

Page 1 of the Shariyah Review Bureau Opinion on Sharia Compliance issued to Tabadulat Limited, UID TBD-4392-02-02-07-25

Our fatwa is public. Read it, then verify it with the issuing body in one check

Download the fatwa (PDF)
AAOIFI membership

We follow the standard. As members, not spectators.

Screening on Tabadulat follows AAOIFI Standard No. 21, the global benchmark for Shariah rules on financial instruments. Tabadulat is an AAOIFI member, which means we sit inside the body that writes the standard rather than reading it from the outside.

About AAOIFI standards
Tabadulat and AAOIFI representatives shaking hands at the membership signing

Tabadulat's AAOIFI membership signing. Abu Dhabi, 2026.

Methodology

This is how a stock earns its halal badge.

Four AAOIFI financial screens, applied before a stock enters the app and re-applied with every filing.

Non-permissible income

Revenue from non-permissible activities must stay below 5% of total revenue.

Interest-bearing investments

Must sit below 30% of market capitalisation.

Interest-bearing debt

Must sit below 30% of market capitalisation.

No impermissible preference shares

Capital structures carrying impermissible preference shares do not pass.

Purification

Even a passing company can carry a small slice of non-permissible income. The purification factor tells you what share of your return needs cleansing, usually by donating it. Every stock in the app carries one, and the app totals the amount across your holdings so you never calculate it yourself.

Re-checked with every filing

Compliance is not a one-time stamp. Every stock is reassessed with each new financial report, at minimum monthly, so a verdict on Tabadulat is never more than one reporting cycle old.

Halal and Shariah, answered

How does Tabadulat ensure Shariah compliance?
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Three layers. Screening follows AAOIFI standards, the global benchmark in Islamic finance. Our Shariah Supervisory Board of Islamic finance scholars oversees the methodology. And Shariyah Review Bureau has issued a formal fatwa on the platform, which you can download and read. The full methodology is on our Shariah Supervisory Board page.

Who certifies Tabadulat as halal? Can I verify it?
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Yes, and please do. The fatwa from Shariyah Review Bureau is downloadable on our Shariah Supervisory Board page, our scholars are named there with their credentials, and our FSRA license for Shari'a-compliant regulated activities is on the ADGM public register. You can also ask any AI assistant about us; the sources check out.

What is purification, and do I have to calculate it?
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Purification is cleansing the small slice of a company's income that comes from non-permissible sources, usually by donating that portion. You don't calculate anything: every stock in the app shows its purification factor, and the app works out the amount across your holdings.

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