Is it permissible to design and sell NFTs?

- Is it permissible to design and sell NFTs because we earn virtual currency etherium when we sell the NFTs?
- I buy and sell NFTs. Some projects have NFTs; they send you money as long as you hold that NFT. You can think of it as passive income.
- If I buy NFTs in accordance with this system and earn a certain daily income on NFTs, am I regarded to be committing the sin of interest with this system?
- If you do not know what NFT is, you can briefly think of it as an entry ticket to the projects’ system. Projects offer various advantages to those who buy the NFTs they sell. Some projects add the system I have just mentioned to their projects as an advantage. That is a brief explanation of it.
- Here is some information about NFT:
NFT stands for Non-Fungible Token. It can be translated as “Token that cannot be changed” or “Money that cannot be changed”. NFT is actually a cryptocurrency. However, in this definition, the money in question can be any asset that has value outside of the definitions we know.
- In other words, an NFT is a digital asset that has a value and can be collected.
- Assets that can be considered NFTs can be any artwork, video, tweet, a website, images, stories that you create on social media, and many more.
- All those digital assets can be NFTs if they meet the necessary conditions.

Dear Brother / Sister,

“NFT is actually a cryptocurrency. However, in this definition, the money in question can be any asset that has value outside of the definitions we know. In other words, an NFT is a digital asset that has a value and can be collected. Assets that can be considered NFTs can be any artwork, video, tweet, a website, images, stories that you create on social media, and many more. All those digital assets can be NFTs if they meet the necessary conditions.”

According to the definition above, when the NFT is money, it is permissible to buy and sell it in cash only at its market value. When the NFT is something other than money, it can be sold in cash or on credit at the market price, but either the price of the thing or the thing itself must be paid in advance.

Furthermore, assets that can be considered NFTs must be in accordance with Islamic faith, decrees and ethics; if they are not, it is not permissible to make or sell them; it is a sin, and the earnings will be haram.

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