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Darul Iftaa, Darul Uloom Miftahul Falaah

Are NFTs halaal to be involved in?

Published as NFTs

8 Nov 2022 · 14 Rabiʻ II 1444 AH1 min readEnglish

Question

Are NFTs halaal to be involved in?

Answer

Bismi Ta`ala

Non-fungible token is impermissible to deal and invest in.

Answered by: Mufti Yacoob Vally

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Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

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Source: Darul Iftaa, Darul Uloom Miftahul Falaah — https://www.miftahulfalaah.co.za/fataawa/nfts
Fatawa SA: https://fatawa.co.za/fatwa/miftahulfalaah-1605

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