Save In Gold Earns Shariah Compliance Certificate from Minhaj Advisory

For many Muslims in the UAE, the first question about gold is not the price, but whether the transaction is halal. Save In Gold now answers that question with a formal Shariah Compliance Certificate (Ref. 1/2026/SCC/SIG) issued by Minhaj Advisory, a Dubai-based Shari'ah advisory firm. Dated 5 October 2026 (24 Rabi' al-Thani 1448 AH), the certificate confirms that the platform's business model and transaction structure are shariah compliant, and it completes the first phase of our Sharia compliance journey. For anyone exploring halal gold investment in the UAE, here is what it means.

What the Certificate Covers

Minhaj Advisory reviewed Save In Gold's business model, products, services, transaction structures, operations and compliance controls. After Save In Gold incorporated amendments following Minhaj's observations, Minhaj found no provisions in conflict with Shari'ah rules and principles. The certificate is signed by Dr. Amin Fateh, General Manager and Minhaj Shari'ah Board member.

12 Areas Reviewed in Phase One

• Business model and operational flow
• Legal and contractual documentation
• Custody and storage agreements
• Asset backing and ownership structure
• Pricing and trading mechanism
• Payment and settlement procedures
• Storage and delivery arrangements
• Referral and reward programs
• Platform functionality and related processes
• Compliance and governance
• Takaful arrangements
• Asset backing records and proof of physical possession

Shariah-Compliant Methods Behind Every Gold Purchase

In Islamic jurisprudence, buying gold with money is a currency exchange known as Bay' al-Sarf. It is permissible when the price is fixed at the moment of sale and both sides settle immediately. This is the classical foundation of Gold Halal Trade and Investment, and the core of how Save In Gold operates.

Key Characteristics Confirmed by Minhaj

• Spot trading: every purchase is executed at the prevailing market price, with immediate price fixation and settlement.
• 100% physical backing: each gram allocated to a customer is matched by real, physical gold under approved custody and allocation arrangements.
• Constructive possession: ownership passes to you as soon as the gold is allocated to your Save In Gold account, with physical possession available through collection or delivery.
• Secure, insured custody: stored gold is safeguarded and fully insured with a Takaful company.
• No riba, no leverage: the platform involves no riba-based financing, no leverage and no deferred pricing.

How to Invest in Halal Gold as a Muslim with Save In Gold

The certificate sets out an approved seven-step process. Read it as a short Islamic guide to gold investment on our app:

1. Register and verify. Create your account and complete compliance verification before trading.
2. Fund your wallet. Add funds through approved banking channels.
3. Buy at spot. Choose your gold, and the purchase is executed at the prevailing market price on a spot basis.
4. Own it immediately. The gold quantity is allocated to your account, giving you ownership and constructive possession, with the right to keep, sell, redeem, convert or request delivery.
5. Store it safely. Your gold stays in approved, Takaful-insured custody until you redeem or sell.
6. Take it home. Collect your gold or request delivery to receive physical possession.
7. Sell when you choose. Sell at the prevailing market price, with proceeds settled through approved channels.

Why Constructive Possession Matters

Scholars require that a buyer take possession (qabd) of gold in a currency exchange. Constructive possession (qabd hukmi) means the gold is clearly identified as yours and under your control before you collect it, so the condition is met without carrying bars home on the day you buy.

Phase One Complete: What Comes Next

This certificate completes the first phase: certifying the platform's structure, documentation and processes. Sharia compliance is ongoing, so the work continues:

• Periodic Shari'ah audits: Minhaj will regularly verify that the business model, products, transactions, agreements and operations stay compliant.
• Review of changes: any material change to the approved structure will be referred to Minhaj for Shari'ah review.
• Clear scope: the certificate covers only what was reviewed; new products or services will be reviewed first.

For Muslims comparing halal investment products, you know what was reviewed, who reviewed it and how compliance is monitored.

Buy Halal Gold and Silver Online with Confidence

Save In Gold offers 24K (999.9) gold bars from half a gram up to 1 kilogram, alongside high-purity silver, all refined in the UAE by Tigris Refinery, with over 20 years of refining expertise. Save In Gold is also an official member of the Dubai Gold & Jewellery Group.

Prefer in person? Visit The Gold Center in Dubai (Mezzanine Floor, Office M24) or Sahara Centre in Sharjah (Ground Floor, Al Nahda 1).

Ready to invest in halal gold the right way? Buy and sell physical gold and silver through the Save In Gold app, and own halal gold you can trust.