Yes, Phi Wallet is fully Shariah-compliant. Our operations are built on Islamic finance principles: your gold is physically backed, instantly allocated upon purchase, and we do not engage in interest-based activities, gold lending, or overselling.
A formal fatwa has been issued in accordance with AMJA (Assembly of Muslim Jurists of America) standards, certifying Phi Wallet's business model as permissible (halal) and confirming that our operations adhere to Islamic finance principles. You can download it below.