Digital Gold and its Place in a Modern Islamic Portfolio

Digital gold is emerging as a popular asset class within modern Islamic investment portfolios. Since gold is a tangible, Sharia-compliant asset, digital platforms that offer fractional ownership of physical gold are gaining traction. This allows smaller investors to access the gold market without the complexities of storing and securing physical bullion.

Islamic finance scholars have generally approved of these platforms, provided they ensure that each digital token is fully backed by and redeemable for physical gold. This innovation is making it easier for Muslims to diversify their investments while adhering to their faith's principles, combining the timeless value of gold with the convenience of modern technology.