Is Airdrop Mining Permissible?
Answered by Mawlana Ilyas Patel
Question
Is airdrop mining permissible in Islam? Many Muslims are involved in it, especially in countries like Nigeria, Bangladesh, and Pakistan. How can we determine if a project involves gambling or interest (riba)? Please provide detailed guidance.
Answer
In the Name of Allah, the Most Merciful and Compassionate
I pray you are in good faith and health. Thank you for your question.
Esteemed Muftis and scholars state if a project adheres to Sharia principles, such as airdrop coins having an actual utility purpose and not being involved in interest or gambling activities, then it would be permissible.
However, if the tokens being airdropped originate from a cryptocurrency project that has already been deemed non-Sharia compliant due to violating rules around interest, prohibited trade activities, or other Sharia violations, then receiving those airdropped tokens for free would likewise be impermissible for Muslims.
Conclusion
Muslims interested in participating in airdrops should conduct thorough research on the coins before receiving them. Many muftis, although some disagree, consider cryptocurrency to be speculative and unstable.
I would like you to go through the valuable answers and links below. In sha Allah, you will receive guidance and direction.
Related
- Fatawa of Cryptocurrency
- Research-Paper-on-Bitcoin-Mufti-Faraz-Adam
- Is Trading with Bitcoin Permissible?
- Investing in Bitcoin
Why not begin your search for knowledge by signing up for a course on SeekersAcademy (seekersguidance.org), like from the Islamic Studies Curriculum (seekersguidance.org) or Youth Islamic Studies Curriculum (seekersguidance.org), building your way up doing each course?
Wassalam,
[Mawlana] Ilyas Patel
Checked and Approved by Shaykh Abdul-Rahim Reasat
Mawlana Ilyas Patel is a traditionally-trained scholar who has studied in the UK, India, Pakistan, Syria, Jordan, and Turkey. He started his early education in the UK. He went on to complete the hifz of the Quran in India, then enrolled in an Islamic seminary in the UK, where he studied the secular and ‘Aalimiyya sciences. He then traveled to Karachi, Pakistan. He has been an Imam in Rep of Ireland for several years. He has taught hifz of the Quran, Tajwid, Fiqh, and many other Islamic sciences to children and adults onsite and online extensively in the UK and Ireland. He taught at a local Islamic seminary for 12 years in the UK, where he was a librarian and a teacher of Islamic sciences. He currently resides in the UK with his wife. His interest is a love of books and gardening
