Liemeta – Fully Shariah Compliant Certified Gold and Silver

Liemeta is certified Shariah compliant by the Scholars of the Shariah Supervisory Board of Amanie Advisors, all our operations and procedures regarding the sale and custody storage of physical gold and silver are in line with the AAOIFI Shariah Standard No 57 on Gold.

Amanie Supervisors’ Shariah Supervisory Board during its meeting, presided by Scholar Dr Mohamed Ali Elgari, evaluating the Shariah compliance of Liemeta’s gold and silver sales and storage procedures, September 2019.

The certification, in form of a fatwa issued by the Shariah Supervisory Board, covers our sales operations carried out in Liechtenstein as well as our segregated and allocated high-security custody storage services in our facilities in Liechtenstein.

Although the majority of our sales procedures were already fit for Shariah compliance as per the AAOIFI Shariah Standard No 57 on Gold, we had to fine-tune them in order to be fully Shariah compliant. Amanie Advisors supported us professionally and very efficiently.

Our typical sales procedures are now fully compliant with the OTC (Over the Counter) spirit of the AAOIFI Shariah Standard.

Our storage services were already Shariah-compliant, as we are always storing gold and silver in segregated form, allocated to our clients, who are the legal owners of their gold and silver stored with us in custody.

Both our sales and storage services for physical gold and silver are subject to annual compliance, which will be carried out by Amanie Advisors and approved by the Scholars of our Shariah Supervisory Board.

We will be happy to provide further details regarding the Shariah compliance of our gold and silver sales and custody storage procedures to potential buyers.

Liemeta Shariah Compliance Certification, in the form of a Fatwa, in English and Arabic:



If you are interested in Shariah compliant wealth preservation with gold or silver, Liemeta ME will be happy to provide you with complementary advice and consulting. Just contact us now through below form.

The Shariah Advisory Board of Liemeta:

Dr. Mohamed Ali Elgari


Dr. Mohamed Ali Elgari is a Professor of Islamic Economics and the former Director of the Centre for Research in Islamic Economics at King Abdul Aziz University in Saudi Arabia. Dr Elgari is the recipient of the Islamic Development Bank Prize in Islamic Banking and Finance and holds the KLIFF Islamic Finance Award for Most Outstanding Contribution to Islamic Finance (Individual).

He is a member on the editorial board of several academic publications in the field of Islamic Finance and Jurisprudence, among them Journal of the Jurisprudence Academy (of the IWL), Journal of Islamic Economic Studies (IDB), Journal of Islamic Economic (IAIE, London), and the advisory board of Harvard Series in Islamic Law, Harvard Law School.

Dr. Elgari is also an advisor to numerous Islamic financial institutions throughout the world and is notably on the Shariah board of the Dow Jones Islamic index as well as a member of the Islamic Fiqh Academy and the Islamic Accounting & Auditing Organisation for Islamic Financial Institution (AAIOFI).


Ph.D. Economics, University of California, USA


Dr. Mohd Daud Bakar

Executive Member

Dr. Bakar is the Chairman of the Amanie Group and was previously the Deputy Vice-Chancellor at the International Islamic University Malaysia. He is currently the Chairman of the Shariah Advisory Council at the Central Bank of Malaysia, the Securities Commission of Malaysia and the Shariah Supervisory Board of The International Islamic Liquidity Management Corporation (IILM).

Dr Bakar has published a number of articles in various academic journals and made many presentations in various conferences around the globe. Dr. Mohd Daud Bakar is a Shariah board member of the Dow Jones Islamic Market Index (New York), Muzn Islamic Banking (The National Bank of Oman), BNP Paribas (Bahrain), Morgan Stanley (Dubai), Bank of London and Middle East (London), amongst other financial institutions.


Ph.D., University of St. Andrews, Scotland
Bachelor of Shariah (Fiqh wa Usuluhu), Kuwait University, Kuwait
Bachelor of Jurisprudence (external), University of Malaya, Malaysia


Dr. Muhammad Amin Ali Qattan


Dr. Qattan is a highly regarded Shariah Scholar and is currently the Director of Islamic Economics Unit, Centre of Excellence in Management at Kuwait University.

Not only is he an accredited trainer in Islamic Economics, he is also a lecturer as well as a prolific author of texts and articles on Islamic economics and finance.

He also serves as the Shariah adviser to many reputable institutions such as Ratings Intelligence, Standard & Poors Shariah Indices, Al Fajer Retakaful among others.


Ph.D. Islamic Banking, Birmingham University, UK
B.A. Islamic Economics, Al-Imam University, Riyadh, Saudi Arabia


Dr. Osama Al Dereai


Dr. Osama Al Dereai is a Shariah scholar who has extensive experience in teaching, consulting and research in the field of Islamic finance.

Dr. Al Dereai is a Shariah board member of various financial institutions which include the First Leasing Company, Barwa Bank, First Investment Company and Ghanim Al Saad Group of Companies among others.


Ph.D. Islamic Transactions, University of Malaya (Malaysia)
MA, International Islamic University Malaysia
B.Sc. Hadith Al Sharif, International Islamic University of Medina


We do not offer investment advice:

This information is provided solely for general information and educational purposes. It is not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell.