01
Document overview
Recognises Dubai VARA as the competent authority for specified fund-management and wealth/investment-management activities under MD 229/2025.
- Supplements rather than replaces MD 229/2025.
- Applies retroactively for QFZP purposes.
- DFSA and FSRA remain separate regimes.
02
Scope and exclusions
Applies to
Applies to VARA-licensed fund-management and wealth/investment-management activities for the qualifying-activity list.
Limitations and exclusions
Does not replace DFSA or FSRA regimes or make every virtual-asset activity automatically qualifying; all other QFZP conditions continue to apply.
05
Official primary source
Ministerial Decision No. 336 of 2025
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