SHIFTING FINANCIAL TECHNOLOGY, WHAT ABOUT CRYPTO-CURRENCIES? A FIQH ANALYSIS IN INDONESIA

Authors

  • Aslam Universitas Islam Bunga Bangsa Cirebon Author
  • Cory Vidiati Universitas Islam Bunga Bangsa Cirebon Author
  • Mohammad Ridwan Universitas Islam Bunga Bangsa Cirebon Author

Keywords:

Cryptocurrency, Fiqh Perspective, Shifting Financial Technology

Abstract

Cryptocurrency is one form of evidence of technological progress in today's era where Cryptocurrency is here as a form of Finance that uses technological advances algorithms, but in this technological advancement we need to re-examine because whether this Cryptocurrency technology brings to a Transactional benefit according to Sharia or not. The purpose of this paper is to describe one of the developments in the digital economy, namely Cryptocurrency with a qualitative approach from the interpretation of the quran, hadith, and muamalah fiqh. Literature study is used as a guide to compiling this article, which comes from books, hadith, fiqh rules, and articles related to writing. The results of the literature search that Cryptocurrency is haram based on hadith and classical fiqh books and the concepts of fiqh rules relating to a muamalah or transaction. The novelty of this research is the approach of Hadith and Classical Fiqh Books that can be used as a guide for the Muslim community and even the world. The implication of this research is as a study of decision makers for things that need to be considered in Cryptocurrency Transactions and Usage. The limitation of this research is the need for quantitative empirical data regarding the direct impact on society

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Published

2024-02-29

How to Cite

SHIFTING FINANCIAL TECHNOLOGY, WHAT ABOUT CRYPTO-CURRENCIES? A FIQH ANALYSIS IN INDONESIA. (2024). International Conference of Bunga Bangsa, 2(1), 733-751. https://journal.epublish.id/index.php/icobba/article/view/79

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