XAU₮ Earns Shariah Certification, Opening New Doors for Islamic Banks and Global Investors
TL;DR
- Certification: XAU₮ received Shariah approval confirming real gold ownership, transparent reserves, and no riba, aligning the product with Islamic finance rules.
- Utility: The structure enables Islamic banks to integrate digital gold into halal savings products, wealth strategies, and tokenized collateral applications, backed by compliant physical assets.
- Expansion: The approval supports XAU₮ growth across GCC markets, South Asia, Africa, and global Islamic finance hubs, with Tether and Amanah Advisors preparing governance guidelines and educational resources for broader adoption.
Tether announced that XAU₮ has officially received a Shariah compliance certification from Amanah Advisors, marking a pivotal moment for digital gold adoption across Islamic finance. The approval confirms that XAU₮ aligns with core principles governing halal financial products, giving Muslim investors a compliant pathway to hold physical gold through blockchain infrastructure.
A Milestone Connecting Gold’s Legacy With Modern Digital Access
Gold has served as a trusted store of value in Islamic finance for more than 1,400 years, and XAU₮ was built to preserve that legacy while offering modern accessibility. Each token represents direct ownership of physical gold stored in Swiss vaults, avoiding interest-based structures, leverage, or speculative derivatives. The certification confirms that TG Commodities meets essential requirements, including real asset backing, transparent reserves, and the absence of riba, thereby ensuring XAU₮ aligns with established Shariah frameworks.
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