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Tether's gold-backed token XAUt earns official Shariah compliance, expanding Islamic finance access.

Market News
27 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Tether's digital gold token XAUt has received official Shariah compliance certification, confirming its adherence to Islamic finance principles through physical gold backing and transparent reserve management. This certification allows XAUt to be used in Islamic banking and investment services across GCC, South Asia, and Africa, enabling blockchain-based, halal-compliant financial products. The token excludes interest, leverage, and speculative derivatives, aligning with Islamic finance rules. Tether plans educational and governance initiatives to support XAUt's growth in these markets, backed by over $3.3 billion in physical gold reserves.

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