Type Ia supernovae (SNe Ia) play a crucial role as standardizable cosmological candles, though the nature of their progenitors is a subject of active investigation. Recent observational and theoretical work has pointed to merging white dwarf binaries, referred to as the double-degenerate channel, as the possible progenitor systems for some SNe Ia. Additionally, recent theoretical work suggests that mergers which fail to detonate may produce magnetized, rapidly-rotating white dwarfs. In this paper, we present the first multidimensional simulations of the post-merger evolution of white dwarf binaries to include the effect of the magnetic field. In these systems, the two white dwarfs complete a final merger on a dynamical timescale, and are tidally disrupted, producing a rapidly-rotating white dwarf merger surrounded by a hot corona and a thick, differentially-rotating disk. The disk is strongly susceptible to the magnetorotational instability (MRI), and we demonstrate that this leads to the rapid growth of an initially dynamically weak magnetic field in the disk, the spin-down of the white dwarf merger, and to the subsequent central ignition of the white dwarf merger. Additionally, these magnetized models exhibit new features not present in prior hydrodynamic studies of white dwarf mergers, including the development of MRI turbulence in the hot disk, magnetized outflows carrying a significant fraction of the disk mass, and the magnetization of the white dwarf merger to field strengths $∼ 2 \times 10^8$ G. We discuss the impact of our findings on the origins, circumstellar media, and observed properties of SNe Ia and magnetized white dwarfs. ; Comment: Accepted ApJ version published on 8/20/13, with significant additional text added discussing the nature of the magnetized outflows, and possible CSM observational features relevant to NaID detections