Tether Gold Gets Shariah Certification for Islamic Finance Access

Tether Gold has obtained Shariah certification from Amanah Advisors, led by Mufti Faraz Adam. This approval confirms that XAU₮ meets core Islamic finance principles and supports compliant digital gold ownership for Islamic finance users.

XAU₮ is issued by TG Commodities, S.A. de C.V. Each full token represents direct ownership of physical gold stored in Swiss vaults, providing holders with allocated gold exposure via blockchain rails.

The certification covers real gold ownership, clear asset backing, transparent reserves, and the absence of interest-based features. Tether said XAU₮ does not use riba, leverage, or speculative derivatives.

This recognition may widen XAU₮ adoption among Islamic banks, takaful providers, halal savings products, trade finance platforms, and institutional investors. The token may also support long-term wealth preservation, institutional gold allocation, and collateral applications.