Tether’s XAUT Receives Shariah Certification for Islamic Finance
- Tether’s XAUT has acquired a Shariah-compliant certification from Amanah Advisors.
- XAUT satisfied the fundamental Islamic finance criteria before receiving certification.
- Shariah certification will support XAUT’s expansion across multiple jurisdictions.
Tether’s gold-backed digital asset, XAUT, has reportedly received a Shariah-compliant certification from Amanah Advisors, an independent, globally recognized Shariah advisory firm. According to Tether, the certification confirms XAUT’s alignment with core Islamic finance principles.
Tether noted that through XAUT, Muslims worldwide can now access ownership of physical gold within a fully Shariah-compliant structure. The stablecoin firm considers the latest development a significant milestone that represents the intersection of tokenized real-world assets and Islamic finance.
XAUT Satisfies Fundamental Isl…
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