Crypto Currency Trading in Islam: An Attempt to Explore the Law amidst Technological Advances

This study aims to find out how the crypto trading law and the status of money generated from the trading results. This study uses a normative legal method with a descriptive analysis approach. Legal materials are obtained from the Bahtsul Masail decision of PWNU East Java, Bahtsul Masail with PWNU in Yogyakarta, and Bahtsul Masail Islamic Law Firm. The results of the study show that trading crypto is permitted by Islamic law as long as there is no gharar. This study implies that people who trade crypto must have sufficient knowledge about crypto currency.

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Publication Details

Journal
International Journal of Islamic Thought and Humanities
Published
2025-04-25
DOI
https://doi.org/10.54298/ijith.v4i1.395
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Crypto Currency Trading in Islam: An Attempt to Explore the Law amidst Technological Advances

Imam Sujono, Muhammad Habibur Rochman, Abdulloh Afifil Mu'ala
International Journal of Islamic Thought and Humanities
Islamic Finance and Banking Studies
article

Crypto Currency Trading in Islam: An Attempt to Explore the Law amidst Technological Advances

Imam Sujono, Muhammad Habibur Rochman, Abdulloh Afifil Mu'ala
article en

Abstract

This study aims to find out how the crypto trading law and the status of money generated from the trading results. This study uses a normative legal method with a descriptive analysis approach. Legal materials are obtained from the Bahtsul Masail decision of PWNU East Java, Bahtsul Masail with PWNU in Yogyakarta, and Bahtsul Masail Islamic Law Firm. The results of the study show that trading crypto is permitted by Islamic law as long as there is no gharar. This study implies that people who trade crypto must have sufficient knowledge about crypto currency.

International Journal of Islamic Thought and HumanitiesVol. 4(1)
Institut Sains dan Teknologi Terpadu Surabaya (ID)
Openalex Percentile: Top 88%
Islamic Finance and Banking Studies
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