UAE: Now, donate with Bitcoin to charities this Ramadan
Official warns of up to Dh500,000 fine for those caught collecting donations illegally
Authorities in the UAE will be accepting Bitcoin and other digital currencies for donations this Ramadan, a top official said on Wednesday. These will complement traditional methods of raising funds including cash, in-kind, or digital contributions.
Fundraisers also come in other forms — from vouchers to SMS campaigns, markets, exhibitions, auctions, charity dinners. Some initiatives allow Good Samaritans to donate through monthly deductions, bank deposits, social media channels and digital platforms.
However, Mohammed Naqi, director of the non-benefit public associations department at the Ministry of Community Development (MoCD), warned against illegal fundraising activities.
Only approved entities are allowed to raise funds for charity. Associations, federal and local authorities and non-profit organisations may do so only after being authorised.
Violators face fines ranging from Dh200,000 to Dh500,000 and imprisonment. To ensure compliance with the law, the ministry and local authorities carry out field visits.
These penalties apply to those who collect or receive donations from outside the UAE. Penalties may be doubled for repeat offenders, and entities falsely claiming charitable or humanitarian status without proper certification may incur fines of up to Dh100,000.
Authorised entities are required to obtain permits for fundraising. Donations must be collected through charitable organisations, with individuals prohibited from engaging in fundraising activities.
The law, Naqi said, is meant to safeguard against exploitation and terrorism financing. He stressed the importance of verifying licensed entities before donating.
