InsiderDXBi
baraka logo

baraka

Growth Score40DXBi Rank48Heat Score50

Baraka Financial Limited

Founded 2020Private, Venture-backed StartupSeries ADubai International Financial Centre (DIFC), Dubai, UAE, Dubai51-200 employeesgetbaraka.com
Prospect profilewealthtechcommission-free tradingDIFCDFSA-regulatedY CombinatorGCC fintech
Visit Website

Media

Preview imagery published alongside each story, linking back to the original.

Overview

baraka is a Dubai-based wealthtech platform offering commission-free access to US stocks, ETFs, gold, bonds and options for retail investors across the UAE and wider GCC region. Founded in 2020 by Feras Jalbout and Kunal Taneja, it launched publicly in 2021 after securing DFSA regulatory approval and is a Y Combinator (Summer 2021) alumnus. The company is regulated by the Dubai Financial Services Authority as Baraka Financial Limited (Category 3C license, DIFC) and operates as a subsidiary of Baraka Technology Holding, based in Abu Dhabi Global Market and part of the Hub71 tech ecosystem. Commission-free investing in US stocks, ETFs, gold, bonds and options, built for the GCC

Total Funding

$25M

40

Growth Score

Steady

50

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Private, Venture-backed Startup
Funding Stage
Series A
Headquarters
Dubai International Financial Centre (DIFC), Dubai, UAE
Founded
2020
Company Size
51-200 employees

Products & Services

baraka investment app

Flagship commission-free mobile investing app (iOS/Android) giving GCC/MENA retail investors access to 6,000+ US-listed stocks and ETFs with fractional shares from $1, no minimum investment.

GCC/Local Stocks

Access to regional (GCC) stock exchanges alongside US markets.

Options trading

Long call/put options trading for eligible users, enabled via broker partner DriveWealth.

Physical Gold and Metals

Ability to invest in physical gold/precious metals through the platform.

Private Markets access

Access to private-market investment opportunities alongside public securities.

Sharia Screener

Screening tool that flags Sharia-compliant ('halal') stocks, overseen by a Shariah Supervisory Board; DFSA Islamic Window endorsed.

baraka AI

AI-powered investment tools/assistant within the app.

Income Center / Auto-Invest / Dividend Reinvestment Plan

Automated investing and dividend reinvestment features.

Akhbaraka

baraka's market news and content arm (akhbaraka.com) delivering MENA/US market news, live data, heatmaps and a companion news podcast.

People

Technology

No technology or web presence data on file yet.

Financials

Series A

Funding stage

$25M

Total raised

Funding rounds

Projects

Similar Companies

Official Channels

Where baraka publishes directly. Each link is checked for the correct platform and profile format.

A tick means the link resolves to a valid company profile URL on that platform. It does not confirm the account is operated by baraka — that requires a signal only the platform or the company can give, so DXBi does not claim it.

Press & Announcements

Every item links back to its original source. Announcements are only marked as coming from baraka when the link resolves to the company's own domain.

Loading press coverage…

Signals & News

Insights

Reviews