Tether's Gold Token Gets Shariah Seal of Approval
Tether's XAUt gold token has received Shariah certification, marking a significant milestone in expanding access to Islamic finance through cryptocurrencies.
The certification was granted by Amanie Advisors, a leading Islamic finance consulting firm. This move allows Tether's XAUt token to be used for various financial transactions compliant with Shariah principles.
Tether has stated that this certification will help increase adoption of the XAUt token among Islamic banks and financial institutions.