Tether's XAUT Token Receives Sharia Compliance Certification

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XAUT
$4,333.83-0.09%
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Tether announced that its XAUT token has received Sharia compliance certification from Amanah Advisors. The certification confirms that XAUT adheres to Islamic financial principles by avoiding interest, leverage, and speculative derivatives. Each XAUT token represents physical gold stored in Swiss vaults, with TG Commodities meeting transparency and asset requirements. The token supports crypto compliance and enables new token listings for Muslim users, Islamic banks, and institutional investors. XAUT aims to increase adoption in GCC countries, South Asia, and Africa.

Tether announces that XAUT has received an Islamic Sharia compliance certification from Amanah Advisors, confirming that XAUT adheres to Islamic financial principles by excluding interest, leverage, and speculative derivatives. Each XAUT token represents direct ownership of physical gold stored in Swiss vaults, with TG Commodities, S.A. de C.V. meeting Islamic finance requirements for asset reserve transparency and physical backing. XAUT is designed to provide Sharia-compliant digital gold investment access for Muslim users, Islamic banks, and institutional investors, and to promote its financial adoption in regions such as the Gulf Cooperation Council countries, South Asia, and Africa.

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