Pro Kontra Cryptocurrency:

This study aims to analyze Islamic scholars' views on the halal or haram status of cryptocurrency in financial transactions according to Islamic jurisprudence (fiqh muamalah). Using a qualitative approach and comparative analysis method, this research explores the opinions of scholars and Islamic financial institutions regarding the use of cryptocurrency as a transactional tool. The results indicate two main groups of views: one group supports the use of cryptocurrency with specific conditions that align with Sharia, while the other group rejects it due to the presence of gharar (uncertainty) and maisir (speculation) in its use. This study provides a deeper understanding of the similarities and differences in scholars' arguments and their implications for Shariah decisions in the context of Islamic economics. The conclusion of this study is the importance of regulation and clear guidelines to ensure cryptocurrency’s compliance with Sharia principles.

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Publication Details

Journal
AT-TASYRI JURNAL ILMIAH PRODI MUAMALAH
Published
2024-12-22
DOI
https://doi.org/10.47498/tasyri.v16i2.3564
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
Controls
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article

Pro Kontra Cryptocurrency:

Oman Fathurohman SW, Faisol Habibi
1 citations
AT-TASYRI JURNAL ILMIAH PRODI MUAMALAH
Islamic Finance and Banking Studies
0.95
article

Pro Kontra Cryptocurrency:

Oman Fathurohman SW, Faisol Habibi
article en
1 citations

Abstract

This study aims to analyze Islamic scholars' views on the halal or haram status of cryptocurrency in financial transactions according to Islamic jurisprudence (fiqh muamalah). Using a qualitative approach and comparative analysis method, this research explores the opinions of scholars and Islamic financial institutions regarding the use of cryptocurrency as a transactional tool. The results indicate two main groups of views: one group supports the use of cryptocurrency with specific conditions that align with Sharia, while the other group rejects it due to the presence of gharar (uncertainty) and maisir (speculation) in its use. This study provides a deeper understanding of the similarities and differences in scholars' arguments and their implications for Shariah decisions in the context of Islamic economics. The conclusion of this study is the importance of regulation and clear guidelines to ensure cryptocurrency’s compliance with Sharia principles.

AT-TASYRI JURNAL ILMIAH PRODI MUAMALAHVol. 16(2)
Universitas Gadjah Mada (ID)
Openalex Percentile: Top 16%
Islamic Finance and Banking Studies
0.95
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