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Tether Gold's XAU₮ token gains Shariah certification, boosting its use in Islamic finance.

Market News
27 Jul 2026
Crypto news
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Bullish
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Tether Gold's XAU₮ token has received Shariah certification from Amanah Advisors, confirming its compliance with Islamic finance principles such as clear asset ownership and no interest. Each token represents one troy ounce of physical gold stored in Swiss vaults, making it suitable for Islamic banks, institutions, and investors. This certification, along with recognition as an Accepted Spot Commodity in Abu Dhabi, could expand XAU₮'s use in halal savings, Islamic insurance, and trade finance. The token's locked value has tripled to $2.86 billion in the past year, reflecting growing demand for blockchain-based gold exposure.

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Tether Gold gains Shariah certification, enabling Islamic finance access to blockchain-backed physical gold.

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