GOLD SPOT PRICE: $295.61Last updated at 3:30am on September 15, 2020

GOLD SPOT PRICE: $295.61
Last updated at 3:30am on September 15, 2020

Actual Gold Backed Digital Token

MTOG is a digital token asset, backed by actual gold, stored in various bank vaults globally. Owning a MTOG digital token, you own the underlying physical gold, held in custody by Al-Ebreiz’s Trust Company.

Our Forte

Easy & Convenient
Easy & Convenient
Our platform is designed with users in mind, providing a safe and great trading experience
Proof of Concept
Industry Expertise
We have solid experience in delivering robust solutions with Islamic finance and technology at heart
Good Corporate Governance Culture
Disruptive Technology
Built as an ERC-20 token, MTOG requires a low entry subscription, making it easily available, and easy to trade anytime, anywhere
Shariah Compliant
Shariah Compliant
Our services adhere to the principles of Islamic finance by being transparent, fair, and effectual for economic justice
In Demand
Nominal Fees
Our fees structure is one of the most competitive in the world for creation and redemption of MTOG tokens in the AlaDeenGold e-wallet
Nominal Fees
Best Practice Corporate Governance
We are committed in driving our business processes and practices to meet Islamic financial, operational & strategic standards to achieve long-term sustainability

Why MTOG?

Major Gold ETFs Gold Futures (COMEX) Retail actual gold coins, bars &
other gold products
LBMA 400 t oz gold bar Unallocated Gold Other gold token

Custody Fees

No Fee
19-40 bps/annum
N/A
10-100 bps/annum
5-25 bps/annum
0-10 bps/annum
Up to 100 bps/annum

Minimum Purchase

0.01 t oz ~$100
1 share (currently $150)
1 contract (100 t oz =~$150,000)
Variable
Typically ~$600K minimum per bar
Variable
Variable

Time to Settle

Instant*
T+2 days
Expiration date
T to T+5
T+2
T+2
Instant

Allocated

Community
Variable
Community
Community
Community
Community
Variable

Instantly Redeemable for Actual

Community
Community
Community
Community
Community
Community
Community

Regulated

NYDFS
Regulated
CFTC
Community
Community
Community
Community
* Typical on-chain transactions for PAX Gold moving on Ethereum settle near instantly. When you create PAXG on the Paxos platform, tokens will typically be minted and delivered the same day (some larger transactions will settle the next business day)

How It Works?

How It Works

Register with
Al-Ebreiz

How It Works

Subscribe MTOG
using USDT

How it Works

Trade MTOG
using USDT

How it Works

Participate in Musharakah token offerings

Partners