O Gold, the pioneering Emirati app in fractional gold and silver ownership, has received a Shariah Compliance Certification from the Center of Islamic Banking and Economics. This achievement is a major milestone, underscoring the company’s dedication to Islamic finance values.
O Gold provides secure and insured transactions for buying and selling gold and silver, along with Wakalah Gold Earnings, all adhering to Shariah principles. Wakalah Gold Earnings offers returns in gold, ensuring asset-based profits without interest. Each transaction is transparent, utilizing high-purity gold and silver, with clear asset identification and no speculation.
“Receiving this certification is a prestigious and essential step in our goal to revolutionize gold ownership,” stated Bandar Alothman, founder of O Gold. “It affirms our commitment to transparency, ethical practices, and delivering a platform that aligns with our community’s values while being accessible and secure.”
“We are delighted to certify O Gold’s trading and investment offerings in gold and silver as fully compliant with AAOIFI Shariah standards,” commented Muhammad Zubair, CEO of AlHuda CIBE. “This certification highlights O Gold’s dedication to ethical, transparent, and asset-backed precious metals solutions that meet the highest Islamic finance standards. We believe this venture will offer investors Shariah-compliant opportunities and contribute to the global expansion of Halal investment products.”
O Gold distinguishes itself as the first Emirati platform allowing customers to own fractional gold and silver starting at just Dh1. This innovation makes precious metal ownership accessible to everyday investors without requiring large, costly purchases. The platform provides a comprehensive ecosystem for users to buy and sell gold easily, access competitive market prices, and have gold securely delivered to their doorstep.
This certification sets a new benchmark for gold investment in the Middle East, aligning financial growth with ethical principles seamlessly.
For more information, visit: www.ogold.app
