Etisalat money teams up with OGold on gold and silver trading from AED 1

Users of Etisalat money in the United Arab Emirates will need a minimum of AED 1 to start trading gold and silver, following a strategic partnership between the digital payments provider and OGold, Etisalat money said in a statement on Monday.

The two companies announced the agreement at the Dubai FinTech Summit 2026, an event run by the Dubai International Financial Centre (DIFC). Etisalat money describes itself as the earliest digital payment service to receive a licence from the Central Bank of the UAE and to operate under its regulation. OGold, based in the UAE, runs a Shariah-compliant super app whose products rest on gold and silver.

Under the arrangement, customers will be able to buy, store and sell both metals through the platform at any hour of the day or night. According to the statement, physical metal kept in insured vaults will stand behind every holding, with the insurance cover registered to each individual customer.

Customers who qualify may also place their metal in a Shariah-compliant earnings feature. It pays returns once a year at a rate that varies, under the terms and conditions that apply.

Anyone who builds up a balance can convert it into physical gold or silver from recognised brands, among them SAM, Emirates Gold, PAMP and Auriz.

“Financial inclusion means putting practical opportunities within reach of more people,” said Melike Kara Tanrikulu, Etisalat money’s Chief Executive Officer. She added that the service lets people start with a small sum and add to their holdings gradually.

OGold founder Bandar Alothman said gold and silver had long helped people preserve their wealth. In his view, technology is now reshaping the ways people can access these assets and benefit from them.

The companies linked the deal to the UAE Digital Economy Strategy as well as the We the UAE 2031 vision. The strategy sets a 2032 target for doubling the share of national GDP that comes from the digital economy.