The India International Bullion Exchange IFSC Limited (IIBX), on August 31, 2026, issued a circular advising all market participants, vaults and India International Depository IFSC Limited (IIDI) regarding the list of Good Delivery Refiners for UAE Good Delivery (UAEGD) bullion. The circular is issued with reference to IIBX Circular No. IIBX-CS2026-068 dated August 7, 2026.
Market participants are advised to ensure that UAEGD bullion is supplied and vaulted in the IFSC only from the Good Delivery Refiners specified in the circular. For both gold and silver, the listed UAE Good Delivery refiners are Al Etihad Gold FZCO, Emirates Gold FZCO and Sam Precious Metals FZLLC, with their UAEGD membership valid until March 31, 2027.
Accordingly, participants and vaults dealing with UAEGD bullion must ensure that the bullion supplied/vaulted in the IFSC originates only from the specified refiners. The circular is therefore primarily relevant to bullion trading, clearing and settlement, vaulting and delivery operations within the IIBX/IFSC framework.
[Circular No. IIBX/CLE/2026-27/0080]
