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Jul 27, 2026

Tether's Gold-Backed Digital Asset XAU₮ Receives Shariah Certification

Tether's gold-backed digital asset XAU₮ received Shariah compliance certification from Amanah Advisors in July 2026, allowing Islamic banks, institutions, and individuals to access blockchain-based physical gold ownership without exposure to interest or leverage.

Jul 27, 2026·1 source

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Top claims

▪The governance frameworks developed by Amanah Advisors will particularly support XAU‛ acquisition through secondary markets.
▪Gold has served as a foundational store of wealth in Islamic finance for more than 1,400 years.
▪The Shariah compliance certification for XAU‛ was led by Mufti Faraz Adam of Amanah Advisors

Subtopics

Commodities, energy & critical minerals1 Crypto regulation1 Institutional crypto adoption1 Stablecoins1 Tokenized securities1

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