# Tether's gold-backed token XAUt receives Shariah certification XAUt becomes a compliant investment tool for Islamic finance institutions. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-07-27 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/c0d28160-2419-4306-a418-77560fbdab04 ## XAUt's Sharia Compliance Tether's gold-backed token XAUt obtained Shariah certification from Amanah Advisors, aligning it with Islamic finance principles. The certification evaluated criteria such as full physical gold backing and the absence of interest or leverage. This move aims to expand access to digital assets in the Islamic finance world. ## Token Technical Details Each XAUt token represents one troy ounce of physical gold stored in Swiss vaults. Tether's latest reserve report shows the token was backed by 707,000 troy ounces of gold worth $3.3 billion as of March 31. RWA.xyz data indicates the token's onchain asset value grew from $700 million in July 2025 to $2.5 billion. ## Regional Market Targets Tether expects the certification to drive adoption in the Gulf Cooperation Council, South Asia, and parts of Africa where demand for Shariah-compliant investments is rising. XAUt's certification aims to offer a new alternative for institutional investors in these regions. ## Growth of Islamic Crypto Market The compliance of crypto assets with Islamic finance rules has long been debated. Developments like AlAbraaj's Bitcoin treasury strategy in 2025 and Palm Azgar's expansion of PUSD stablecoin in April have increased activity in this space. Dubai's regulatory steps are also strengthening the regional crypto ecosystem. ## Competition and Market Position XAUt stands out as one of the largest tokenized gold products in the crypto market. Regulatory developments in Dubai, including VARA issuing its 50th license, are shaping the competitive landscape. PUSD stablecoin's integration with ADI Chain has created another alternative in the Islamic finance market. ## Global Financial Inclusion XAUt's certification is a significant step for investors with limited access to traditional finance. The rise of Shariah-compliant digital assets highlights the potential of this $3 trillion+ market. Tether's move supports blockchain technology's mission to provide financial inclusion. ## Sources covering this story - https://cointelegraph.com/news/tether-xaut-gold-token-receives-shariah-certification-islamic-finance-access?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._