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Tether’s XAUt Gold Token Secures Shariah Certification to Unlock Islamic Finance Markets

July 27, 202601:44 PM
Tether’s XAUt Gold Token Secures Shariah Certification to Unlock Islamic Finance Markets

Tether has achieved a major milestone by securing Shariah certification for its gold-backed token, XAUt, via Amanah Advisors. This strategic move validates the asset's compliance with Islamic law, providing a direct bridge for massive capital inflows from Shariah-compliant investors and institutions.

The certification confirms that XAUt adheres to strict principles, such as being fully backed by physical gold and operating without interest or leverage. By bridging the gap between traditional gold reserves and blockchain technology, Tether is poised to accelerate adoption across the Gulf Cooperation Council, South Asia, and Africa, reshaping the landscape of digital gold exposure.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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