Tether's gold-backed digital asset XAUT has obtained certification for compliance with Islamic law

According to official news, Tether announced that its gold-backed digital asset XAUT has received Sharia compliance certification issued by Amanah Advisors, led by Mufti Faraz Adam. This certification confirms that XAUT complies with the core principles of Islamic finance.

XAUT is issued by TG Commodities, S.A. de C.V., with each full token representing direct ownership of physical gold stored in a Swiss vault. Certification requirements include genuine ownership of physical gold, clear and verifiable asset backing, no interest, no leverage or speculative derivatives, and transparency in reserve structure.

Tether stated that XAUT can be used for the integration of digital gold products in Islamic banking, takaful and halal savings products, long-term wealth preservation strategies, tokenized trade financing, and collateral applications. Amanah Advisors will continue to work with Tether to develop practical guidelines and governance frameworks to support the adoption of XAUT in a Sharia-compliant manner.