PAX Gold

This token is currently classified as Halal because it represents gold in tokenized form, subject to the integrity of the backing and issuance structure.

PAXG is presently treated as halal in principle because it is intended to represent ownership or backed exposure to physical gold rather than an inherently prohibited financial instrument. The Shariah assessment depends on the legitimacy of the gold backing, custody, issuance structure, and the integrity of the tokenized representation. The ruling therefore concerns the token in principle, while reserve transparency, redemption mechanics, and external uses may still require separate review.