Tether Gold Secures Shariah Approval, Expanding Access to Islamic Finance
Tether Gold has secured Shariah certification from Amanah Advisors, allowing Islamic banks and institutions to access physical gold through blockchain technology. The certification covers real asset ownership, clear gold backing, reserve transparency, and the absence of interest-based features.
Each XAU₮ token represents ownership of physical gold stored in secure Swiss vaults and issued by TG Commodities, S.A. de C.V. This structure enables users to hold tokenized gold while maintaining direct exposure to allocated bullion.
Tether Gold's approval may support adoption among Islamic banks, takaful providers, halal savings platforms, and trade finance firms. These institutions often prefer assets backed by real value and clear ownership terms.