Comtech Gold

Halal Rating :
Questionable
Last Price $73.99 Last updated:
Rank 1077
1D Change 0.22 %
Market Cap $10.43m
Circulating supply 141,000
Maximum supply 141,000

Crypto Overview

Categories
  • Tokenized Gold
  • XDC Ecosystem

ComTech follows 100% Shariah guidelines making it the first token of its kind. Each token is backed by a piece of gold that carries its own audit trail of its transactions. One CGO represents one pure gram of gold. Fully backed, redeemable, and regulated. There is no investment-grade gold product that is both easy to own and easy to trade. Physical gold is hard to store and transport. Gold futures are easy to trade but don't give you ownership of the underlying commodity. ComTech solves this problem by providing a 100% gold-backed cryptocurrency.

Crypto Impact

To assign a comfort level investing in Comtech Gold from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Comtech Gold.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating