A STUDY OF LITERATURE: CRYPTOCURRENCY OF SYARIAH PERSPECTIVE
Main Article Content
Fuadi*
Afrizal
M. Shabri Abd. Majid
Marliyah
Rita Handayani
Cryptocurrency is a digital or virtual currency, which does not have a physical form like fiat money. This crypto currency can only be used through devices such as PCs, laptops, smartphones and other devices that are connected to the internet. There are several advantages in a crypto system that uses blockchain system, such as transaction security, convenience, speed and can be used across countries and continents, however cryptocurrency which is currently circulating also still have weaknesses, including there is no supervisory authority, even many countries have disagreements over the legality of this cryptocurrency. The debate about the pros and cons regarding to the use of cryptocurrency becomes dynamics among the experts including the scholars who have study from Islamic point of view. This research aims to examine the dynamics of using cryptocurrency from ushul fiqh point of view, where the methods which used in this research are al-qur'an, al-Hadith, Qiyas and Sad-Adzariyah. Basically the use of cryptocurrency is allowed to meet cetain conditions that is by removing batil elements as in Quran surah An-Nisa verse 29, those batil elements are gharar and mayshir. Moreover, cryptocurrency must also have clear legality in a country for security in their use.
Al-Asfahani. (2012). Al-Mufradat fi Gharib Al-Quran. Dar ibn Jauzy.
Al-Ghazali. (1993). al-Mustasfa fi Ilmi al-Usul. Dar al-Kutub al-'ilmiah.
Al-Jawzi, I. al-Q. (1996). A'lam al-Muwaqi'in (Juz II). Dar al-Kutub al-'ilmiah.
Ash-Syaitibi, II (nd). Al-Muwafaqat fi ushul al-Syariah (Juz II). Dar al-Marifah.
Azizah, ASN (2020). Cryptocurrency Phenomenon in the Perspective of Islamic Law. Shaoutuna: Scientific Journal of Comparative Madzhab Students, 1(1), 62–80.
Cukier, K. (2018). The meaning of the blockchain. The Economist.
Fatarib, H., & Meirison. (2020). Cryptocurrency And Digital Money In Islam: Is It Legal? Jurisdiction: Journal of Law and Sharia, 11(2).
Firmansyah, & Dacholfany, MI (2018). Electronic Money in the Perspective of Islamic Economics. IQRA CV.
Hamin, DI (2020). Crypto Currence and the View of Legality According to Islam: A Literature Review. Scientific Journal of Management and Business, 3(2), 127–139.
Hasan, A. (2001). Analogical Reasoning in Islamic Jurisprudence, Indonesian Edition, Qiyas Analytical Reasoning in Islamic Law (1st ed.). References.
Ilham, R. N., Erlina, K. A. F., Silalahi, A. S., Saputra, J., & Albra, W. (2019). Investigation of the bitcoin effects on the country revenues via virtual tax transactions for purchasing management. Int. J Sup. Chain. Mgt Vol, 8(6), 737.
Mansur, A. (2009). The Concept of Money in the Perspective of Islamic Economics and Conventional Economics. Al-Qanun, 12(1), 78.
Mufid, M. (2018). Ushul Fiqh of Contemporary Economics and Finance from Theory to Application (Second). Prenada Media.
Mulyanto, F. (2015). Utilization of Cryptocurrency as the Application of Rupiah Currency into Digital Form Using Bitcoin Technology. Indonesian Journal on Networking and Security, 4(4).
Nurhisam, L. (2017). Bitcoin in the Eyes of Islamic Law. Ar-Raniry International Journal, 4(1), 165–186.
Nur Ilham, R. ., Arliansyah, A., Juanda, R., Multazam, M. ., & Saifanur, A. . (2021). RELATHIONSIP BETWEEN MONEY VELOCITY AND INFLATION TO INCREASING STOCK INVESTMENT RETURN: EFFECTIVE STRATEGIC BY JAKARTA AUTOMATED TRADING SYSTEM NEXT GENERATION (JATS-NG) PLATFORM. International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS), 1(1), 87–92. https://doi.org/10.54443/ijebas.v1i1.27
Riinawati, R. (2021). Education Financial Management during Covid-19 Pandemic of Islamic Universities in South Kalimantan. Dinamika Ilmu: Jurnal Pendidikan, 383-396.
Satoshi, N. (2016). a peer-to-peer electronic cash system. Retrieved from Www.Bitcoin.Org: Satoshi Nakamoto Satoshin @ Gmx.Com.Www.Bitcoin.Org.
Saujana, P. (2020). Bitcoin Mined Out? This Will Happen Soon. Blockchainmedia.Id.https://blockchainmedia.id/bitcoin-habisdiambang-ini-later-yang-happen/
Siswantoro, D., Handika, R., & Mita, AF (2020). The requirements of cryptocurrency for money, an Islamic view. Heliyon.https://doi.org/https://doi.org/10.1016/j.heliyon. 2020.e03235
Tejosusilo, EO (2019). What is Cryptocurrency (Digital Currency)? My finances.
The Law Library if Congress. (2018). Regulation of Cryptocurrencies Around the World. The Law Library of Congress.
