Earning and yield

Are airdrops halal?

Answered by the ShariaQuant team

An airdrop is a gift, hibah, and receiving a gift is permissible. The catch is what you were given, because a free token from a lending protocol is still a stake in a lending protocol. Screen the project before you claim, and screen it again before you sell.

Screened airdrops

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

More on earning and yield

Is staking halal?Is liquid staking halal?Is lending my crypto for a yield halal?Is borrowing crypto at interest halal?

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