O Gold, the leading Emirati fractional gold and silver ownership app, won the award for “Best Shariah-compliant Gold Investment App” at the 2025 Global Takaful & Re-Takaful Awards. This achievement highlights the app’s innovation in Islamic finance.
Ahmed Abdeltawab, CEO of O Gold, accepted the accolade at the Dusit Thani Hotel in Dubai. The event coincided with the 7th Global Takaful & Re-Takaful Forum 2025, organized by the AlHuda Center of Islamic Banking & Economics (CIBE). As a result, it brought together top experts and innovators in Islamic finance.
The awards celebrate excellence and innovation in the global Islamic financial ecosystem. They recognize companies that deliver ethical, transparent, and inclusive solutions. Furthermore, O Gold stood out for democratizing access to precious metal investments while strictly adhering to Shariah principles.
The app enables investors to buy fractional amounts of gold and silver, starting from just Dh1. Consequently, it transforms gold from a traditional store of value into a liquid and dynamic investment tool. It also provides small investors the opportunity to participate in precious metal markets.
O Gold’s Wakalah Gold Earnings feature guarantees that all profits remain asset-backed and free from interest. This system ensures users earn returns ethically. In addition, the platform provides a transparent and secure way for people to grow wealth responsibly.
Founder Bandar Alothman said, “We are honored to receive this prestigious award from AlHuda CIBE. This recognition validates our mission to combine advanced technology with Islamic finance principles.”
He added, “O Gold currently serves over 500,000 users. Therefore, we aim to offer a secure and ethical platform. Our goal is to expand financial inclusion and build trust in Shariah-compliant investments.”
The forum’s selection committee praised O Gold’s integration of gold-backed savings, ethical leasing, and investment features. They called it a major contribution to the Islamic finance industry. Moreover, it demonstrates the potential of fintech to reshape traditional markets.
This award strengthens O Gold’s leadership in digital Shariah-compliant investment. In addition, it highlights the growing role of fintech in providing ethical investment opportunities. Furthermore, it sets a benchmark for similar platforms across the UAE and beyond.
O Gold continues to innovate by combining technology, ethics, and accessibility. Going forward, the company plans to expand its offerings, educate investors, and promote financial literacy in the region.
