Deep Tide TechFlow news flash: On July 27, Tether announced that its gold-backed digital asset XAUT has received an Islamic Shariah compliance certification issued by Amanah Advisors. The certification confirms that XAU₮ complies with Islamic finance principles in areas including physical gold ownership, transparency of asset reserves, no interest, no leverage, and no speculative derivative products.

This move is expected to help drive XAU₮ adoption in scenarios such as Islamic banking, Islamic insurance, halal savings, trade finance, and collateral, and to further expand its presence in Gulf countries, South Asia, Africa, and international Islamic finance hubs.