O Gold is the first Emirati fractional gold and silver ownership app in the UAE. Now, it has achieved a milestone after being awarded Shariah Compliance Certification from the Center of Islamic Banking and Economics (CIBE). However, this award validates the dedication of the platform to an ethical and transparent investment method, while meeting global finance standards.
Shariah-Compliant Gold Investment in the UAE
O Gold provides its customers with an insured and secure way to purchase and sell gold and silver by matching its innovative Wakalah Gold Earning program. Unlike old investment products, Walalah Gold earning gives a return in physical gold.
So, it ensures that profit remains asset-based, interest-free, and clear. On the top of that, high-quality gold and silver back every transaction. So, it removes speculative practices and guarantees authenticity.
Bandar Alothman, Founder of O Gold, expressed pride in this achievement. He said, “Getting this certification is an honour and an important step to redefine the gold ownership. It validates our commitment to transparency, security, and ethical finance, while ensuring our platform reflects the values of our community.”
Industry Recognition for Ethical Finance
Mr. Muhammad Zubair, AlHuda CIBE CEO, has officially confirmed this certificate. So, he said, “We are pleased to certify O Gold’s trading and investment as fully compliant with the AAOIFI Sharjah standards. This campaign supports ethical gold investment and contributes to the global growth of Halal financial solutions”.
O Gold Making Gold Investment Accessible to All
It’s the first Emirati platform that lets users own a fractional share of gold and silver, starting at just AED 1. So, it opens the door for daily investors who want exposure to the precious metals without spending on large and costly quantities. Therefore, you can perform the following tasks through this app:
- Buy and sell gold quickly with some taps
- Access competitive market prices
- Have their gold securely delivered to their doorstep
Setting a New Benchmark in the Middle East
O Gold has set a new benchmark for ethical gold investment through this certificate in the UAE and beyond. In addition, the platform is changing the investor approach to wealth creation in the digital age by aligning financial growth with Islamic values.
O Gold is leading because the demand for halal gold investment will continue to rise in the world. Moreover, the platform is offering a trusted, ethical, and accessible solution for seasoned investors and newcomers to precious metals.
Read more:
[…] O Gold Secures Shariah Compliance Certification, Pioneering Ethical Gold Investment in the UAE […]