Question Summary:
Is it permissible to give money and gifts to family members to celebrate the day of eid? …After Eid Salaat people usually greet each other with hugs and wish and say ‘Eid Mubarak’ to one another at the masjid/eidgah….

Question Detail:

1) Is it permissible to give money and gifts to family members to celebrate the day of eid? 
2) After Eid Salaat people usually greet each other with hugs and wish and say 'Eid Mubarak' to one another at the masjid/eidgah. Also when family/friends gather or meet each other they wish and say 'Eid Mubarak'. Is this considered an act of Bidah?

Answer :

In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
1) It is permissible to give and take gifts and money on the day of Eid as long it is done only as a celebration and one does not regard it to be an ‘ibadat or Sunnah.
(Aapke Masail aur Unka Hal Vol.2 Pg.418 – Maktabah Bayyinat)
2) To greet one another with hugs (معانقة) and shaking hands (مصافحة) on the day of Eid is not proven through Shari’ah. It will be regarded as bid’ah if anyone claims it to be part of Deen.
ونقل في تبيين المحارم عن الملتقط أنه تكره المصافحة بعد أداء الصلاة بكل حال ، لأن الصحابة رضي الله تعالى عنهم ما صافحوا بعد أداء الصلاة ، ولأنها من سنن الروافض ا هـ ثم نقل عن ابن حجر عن الشافعية أنها بدعة مكروهة لا أصل لها في الشرع ، وأنه ينبه فاعلها أولا ويعزر ثانيا ثم قال : وقال ابن الحاج من المالكية في المدخل إنها من البدع ، وموضع المصافحة في الشرع
(Raddul Muhtar Vol.6 Pg.381 – H.M. Sa’eed Company)
(Fatawa Mahmoodiyah Vol.8 Pg.463 – Jami’ah Farooqiyah)
(Kifayatul Mufti Vol.3 Pg.302 – Darul Isha’at)
This practice is prevalent amongst the Muslims today, and most of them regarded to be as part of Deen; therefore, it is advisable to refrain from it.
As long as greeting itself is concerned, there is no undesirability in it.
And Allah knows best
Wassalam
Ml. Abu Yahya
Student Darul Iftaa
Concurred by:
Ml. Ehzaz Ajmeri,
Student Darul Iftaa
Darul Iftaa, Madrassah In'aamiyyah