Article Sidebar
Main Article Content
Abstract
Cryptocurrency is a digital or virtual currency that created due to technological
advances. Its purchase transactions take advantage of technological developments
that can be done online without going through a bank intermediary, enhanced with
the advantages of Blockchain technology. However, cryptocurrency investments
have a high risk on their profit and loss value. It isn’t enough to get there,
cryptocurrencies also still don’t get the legality in Indonesia. This discussion aims to
get clarity on cryptocurrency investments and transactions, also get answers to
cryptocurrency law according to Islamic sharia. Based on qualitative descriptions and
review of literature studies. The result of this study is that the Islamic financial system
provides a view on cryptocurrency investments and transactions with a clear and
sourced law from the Qur'an, As-Sunnah, and the results of the cleric' ijtihad. Based
on Islamic sharia, investments and transactions used by cryptocurrencies contain
elements of maysir (betting) and gharar (uncertainty) because they risk investment
goods with unclear value of assets and their real form. The conclusion of this study
is that users of cryptocurrencies are justified haram lighairihi as well as syubhat for
those who still have doubts.
Keywords : Cryptocurrency, Islamic sharia
Article Details
1. Proposed Policy for Journals That Offer Open Access
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
2. Proposed Policy for Journals That Offer Delayed Open Access
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).