**[Tether Gold Token XAUT Receives Shariah Certification, Unlocking Middle Eastern and Global Muslim Markets]** BlockBeats News, July 27 — Tether announced that its gold-backed digital asset, XAUT, has received Shariah compliance certification from Amanah Advisors, providing a compliant digital gold investment channel for global Muslim users, Islamic banks, and institutional investors. Tether stated that the certification confirms that XAUT adheres to the core principles of Islamic finance, enabling users to digitally hold physical gold through blockchain infrastructure. Each XAUT token represents direct ownership of physical gold stored in Swiss vaults, with no interest (Riba), leverage, or speculative derivatives involved in its structure. Amanah Advisors confirmed that the issuer of XAUT, TG Commodities, S.A. de C.V., meets Islamic financial requirements, including: - Actual ownership of physical gold; - Transparent and verifiable asset reserves; - No involvement in interest mechanisms; - No use of leverage or speculative derivatives; - A transparent reserve structure. Tether emphasized that gold has long played a significant role in Islamic financial systems, and XAUT aims to bridge the value of traditional gold with blockchain technology, enhancing the global accessibility of digital gold. This certification is expected to drive the adoption of XAUT in Gulf Cooperation Council (GCC) countries, parts of South Asia and Africa, and global Islamic financial hubs. Potential applications include digital gold services for Islamic banks, Shariah-compliant savings products, wealth preservation solutions, and institutional-grade gold allocations. [Original Link]