A new UAE crypto exchange is making waves in the digital finance world. Built by BurjX, the platform has just received in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority — a major step toward full licensing.
Unlike many crypto startups, BurjX is designed with both everyday users and large institutions in mind. It’s built on strong foundations using Fireblocks’ advanced security tech to protect users’ digital assets. The platform also includes full insurance, which means users can trade with greater peace of mind.
The brains behind the BurjX UAE launch bring serious experience to the table. Omar Abbas, one of the co-founders, previously helped launch a leading crypto exchange in Canada. His co-founder, Adam Ferris, brings strong legal and financial expertise, having worked with top global firms. They’ve built a platform together that’s not just secure and compliant, but built for real growth.
The BurjX crypto exchange enters a market that’s booming. Crypto activity in the MENA(Middle East and North Africa) region crossed $330 billion recently and the demand for safe, regulated platforms is only growing.
What truly makes BurjX stand out is its vision. Alongside fast trading, fiat on- and off-ramps, and deep liquidity, the platform is working on something unique: Sharia-compliant crypto services. This means users will soon be able to trade digital assets in line with Islamic finance values — focusing on fairness, transparency, and ethical investing.
For many Muslim investors, this is a much-needed option in a space that often overlooks religious considerations.
With a full launch expected later this year, BurjX is positioning itself as a trusted, forward-thinking platform — one that combines regulation, innovation, and values.
