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Arbeat Secures Full VARA License to Expand Crypto Services in Dubai

Dubai regulator grants full operational approval for Sharia-compliant virtual asset services

Fintech News UAE 7 November 2026 1 min read

Key Takeaways & Executive Summary

Quick 60-second summary for financial decision makers

Shariah Reviewed & Verified
  • Arbeat Group receives full VARA license to operate Sharia-compliant virtual asset services in Dubai, marking a significant development for Islamic fintech.
  • The approval enables legal crypto exchange and broker-dealer services for all investor categories.
Primary Topic: FintechAl Huda Research Advisory

Dubai Strengthens Position as Islamic Fintech Hub with New License

Arbeat Group FZE has achieved a significant milestone by obtaining a Full Virtual Asset Service Provider (VASP) Licence from Dubai's Virtual Assets Regulatory Authority (VARA). This authorization enables the company to legally offer Exchange Services and Broker-Dealer Services in the emirate, marking another step forward in Dubai's ambition to become a global hub for regulated digital asset activity.

Comprehensive Approval for Diverse Investor Segments

The newly granted license, documented as VL/26/07/001 in VARA's public register, permits Arbeat to serve institutional, qualified, and retail investors. This follows the company's earlier In-Principle Approval received in January 2026, which covered the same service categories. The full license demonstrates Arbeat's successful compliance with VARA's comprehensive regulatory framework for virtual assets.

Regulatory Milestone for Islamic Fintech Sector

This development comes as Dubai continues to establish itself as a leader in Islamic fintech innovation. VARA's rigorous licensing process ensures that approved firms meet strict Sharia-compliance standards alongside conventional financial regulations. Industry analysts note that such approvals help bridge traditional Islamic finance with emerging digital asset ecosystems, creating new opportunities for ethically-conscious investors.

Source: Fintech News UAE (Dubai)View original source

Frequently Asked Questions

The license permits Arbeat to operate as a virtual asset exchange and broker-dealer in Dubai. This includes facilitating crypto transactions and providing investment services to institutional and retail clients.

The approval represents a convergence of Sharia-compliant finance with digital assets. It provides Muslim investors with regulated access to crypto services that meet Islamic financial principles.

VARA's rigorous approval process ensures virtual asset providers meet both conventional regulatory standards and Islamic finance requirements. This dual compliance framework makes Dubai attractive for ethical digital asset innovation.

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