Are NFTs and digital asset ownership permissible in Islam?
Existing Quran Wisdom answer. No named author or scholarly review is recorded here. Check references and seek qualified advice for a personal ruling.
NFTs can be halal if they represent real ownership of permissible assets (art, music, collectibles) without gambling or excessive speculation. Avoid NFTs promoting haram content, pump-and-dump schemes, or pure speculation with no real value. Ensure transactions are transparent and free from interest. The technology itself is neutral.
Read the sources
- Quran 4:29 · compare translations and context
- Quran 2:275 · compare translations and context
- Quran 2:188 · compare translations and context