Gilded, a fintech company that focuses on making physical gold functional, announced today that its gold product has achieved shari'ah compliance certification from Amanie Advisors Shariah Board, an advisory firm specialising in shari'ah investments and Islamic finance solutions. This certification further strengthens Gilded's position as a trusted provider of safe, secure, and shari'ah-compliant gold investment opportunities and enables it to serve an even wider audience of investors in the MENA region and beyond.
The company's gold investment offering is confirmed as aligned with shari'ah principles and adheres to the standards set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) on gold. For Gilded, receiving this certification is crucial in expanding its product's reach and demonstrating its commitment to transparency, accountability, and integrity in its end-to-end process of payment, settlement, custody, and delivery of physical gold.
Firas Mallah, CEO of MENA, Gilded said: "This endorsement serves as a testament to our unwavering commitment to providing our customers with a product that adheres to the highest ethical and religious standards. The MENA region is a key strategic market for us, and this certification will enable us to offer our shari'ah-compliant gold investment opportunities to a broader range of investors seeking a safe, secure, and convenient platform. This certification further strengthens our position as a trusted provider of shari'ah-compliant investment solutions and opens new growth opportunities for our company."
Clients seeking Swiss-refined physical gold bars can now purchase them through Gilded's bank partners in the Middle East, or directly through Gilded's proprietary platform.