The following article explains how to get SIRA approval for gold and jewelry shops in Dubai. The installation of surveillance systems, alarms, and additional safety measures is a requirement for approval.
Dubai’s gold and jewelry trade is one of its most important industries. To protect businesses and customers, gold and precious metals are subject to strict security regulations.
The Security Industry Regulatory Agency (SIRA) ensures compliance with safety standards in gold shops by enforcing security measures.
Gold shops, jewelry stores, or precious metal trading businesses in Dubai must obtain SIRA approval. Throughout this guide, you will learn about SIRA, its importance and how to apply.
What is SIRA?
SIRA is a regulatory body in Dubai that regulates and oversees security services across a wide range of sectors. Customers and business assets are protected by adhering to security protocols and surveillance requirements.
Among the industries that are regulated by SIRA are:
- Gold and jewelry trading
- Financial institutions
- Luxury retail businesses
- Security service providers
- Real estate and high-risk sectors
Gold and jewelry shops need SIRA approval to prevent theft and fraud.
Do Gold Shops Need SIRA Approval?
A high value transaction makes Dubai’s gold and jewelry sector a target for theft and fraud. Dubai’s gold shops must follow security guidelines established by SIRA.
In Gold shops, SIRA approval is based on the following key factors:
Enhanced Security Measures – Make sure jewelry stores are equipped with CCTV surveillance, alarm systems, and vaults that are secure.
Regulatory Compliance – By adhering to Dubai’s security laws, penalties and legal action can be avoided.
Theft & Fraud Protection – Assures that unauthorized access, internal fraud, and external robberies are minimized.
Customer & Business Safety – Makes sure customers and investors feel safe when shopping.
Smooth Business Operations –An SIRA-approved business is more likely to receive licensing and insurance approvals sooner.
If a gold shop does not have the SIRA’s approval, it will not be able to operate legally in Dubai and may be fined or shut down.`
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SIRA Guidelines for General Requirements for Gold Shops
A gold shop must meet specific security and safety requirements in order to get SIRA Approval
1. Surveillance & Monitoring:
- An HD CCTV system with 24/7 recording has been installed.
- Customer areas, cash counters, vaults, and entrances should be monitored by CCTV cameras.
- There is a 90-day storage requirement for CCTV footage.
2. Alarm & Access Control Systems:
- Dubai Police must be notified of any intruders through an intruder alarm system
- Unauthorized access can be prevented by securing entry and exit points.
3. Vault & Safe Storage:
- A high-security vault with SIRA-approved specifications must be used to store gold and jewelry.
- Biometric or PIN-based access controls should be installed on vaults.
4. Trained Security Personnel:
- SIRA-certified security guards must be employed by gold shops.
- A theft prevention program and emergency protocols should be provided to staff.
5. Secure Transportation:
- The SIRA’s transport regulations apply to gold shops that use armored vehicles for gold transfers.
6. Fire Safety Compliance:
- Fire alarms, smoke detectors, and fire extinguishers must be installed in accordance with Dubai’s safety requirements.
It is possible to be rejected for SIRA approval, to receive a business fine, or to lose your shop if you do not comply with these regulations.
Also Explore More on Key Factors To Consider for More Security in CCTV Installation
How Does Your Gold Shop Get SIRA Approval in UAE?
SIRA approval in gold shops is primarily driven by the following reasons:
Step 1: Submit a SIRA Application
Your business can be registered on SIRA’s official portal.
Describe where your gold shop is located, the type of business you have, and how your security is set up.
Step 2: Install SIRA-Approved Security Systems
Invest in CCTV cameras, alarm systems, and secure vaults from a SIRA-certified security company.
The technical specifications of SIRA must be met by all systems.
Step 3: Hire SIRA-Certified Security Guards
For security personnel working at gold shops, SIRA certification is required.
Before hiring security personnel, conduct a background check.
Step 4: Conduct a SIRA Security Audit
You will be inspected by a SIRA officer to determine whether your gold shop is in compliance with security regulations.
Any issues found may require upgrading security measures before approval.
Step 5: Obtain the SIRA Certificate
Your gold shop will be able to operate legally once it has been approved by SIRA.
To remain compliant, you must renew your SIRA certification every year.
Need Help with SIRA Approval?
In particular, new business owners may find SIRA approval to be a complex process. In Dubai, a business setup consultant can provide the following services:
- Making sure the SIRA application is filed correctly.
- SIRA-compliant security systems are installed.
- SIRA-certified security guards should be hired.
- The SIRA security audit is being prepared.
- Making sure the approval process runs smoothly without delays.
Our experts can assist your gold shop with SIRA approval today. Chat With Us Now