Tether Gold Secures Shariah Certification for Tokenized Gold

Tether Gold has obtained Shariah certification for its XAU₮ token, which represents ownership of one troy fine ounce of physical gold stored in Swiss vaults. Amanah Advisors, a global Islamic finance advisory firm led by Mufti Faraz Adam, certified XAU₮ after reviewing its structure against Islamic finance principles.

The certification follows the token's recognition as an Accepted Spot Commodity in Abu Dhabi and is expected to make it available for a broader range of Islamic financial products. Tether Gold's locked value has more than tripled to about $2.86 billion over the past year, reflecting stronger demand for tokenized gold.

Tether CEO Paolo Ardoino described the certification as a bridge between established demand for gold and blockchain-based financial infrastructure. The Shariah approval does not change XAU₮'s legal or regulatory status in the United States but confirms that Amanah Advisors considers the token's structure compatible with Islamic finance principles.