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Cryptocurrency Dalam Islam

Cryptocurrency Dalam Islam

Cryptocurrency Dalam Islam – Cryptocurrency, better known as digital/virtual currency, is becoming increasingly popular. It is not only used for electronic or online transactions, but the investment, stock trading and foreign exchange sectors have also started using it.

Virtual or digital currency is very popular as it has experienced a remarkable increase in value. This significant increase in value has prompted many people to transact to buy and sell this digital currency, and many people use it to invest.

Table of Contents

Cryptocurrency Dalam Islam

The virtual currency is very popular and has experienced an incredible increase in value, becoming a turning point in the currency’s success.

Hukum Trading Aset Cryptocurrency Dalam Islam

Dinar is a 22 carat gold coin weighing 4.25 grams, Dirham is a pure silver coin weighing 2975 grams, the standard of which was established by Rasulullah A in 1 Hijri.

Caliph Umar ibn Khattab followed in 18 AH and it was during this period that the first dirham coins were minted. The gold dinar was first minted by Malik ibn Marwan in 70 AH, based on the principles narrated by Rasulullah A and Umar ibn Khattab.

In general, Islamic lawyers have two views on currency. The first view states that money is limited to dinars and dirhams and is a form created to be printed as currency.

It is based on the argument that God created gold and silver as currency that can be used as a medium of exchange and as a measure of value.

Bitcoin Dalam Perspektif Hukum Islam

The second opinion is that money is a terminology, and therefore everything that exists in human terminology and can be accepted under it as a measure of value is called money.

Many Islamic economists agree with the second opinion: ‘Money is a matter of terminology and money refers to everything in circulation in terms of its use and acceptance.

This is also supported by arguments that it exists because it has no collateral and no one can control the price, so speculation is very high and creates a currency.

This is reinforced by the MUI fatwa. 13 of 2011. This reasoning can actually be applied to gold and silver as well, since gold, silver and other currencies have similar properties. The difference is that regular money, like gold and silver, has a physical form in currency

Analisis Hukum Mining Dan Perdagangan Mata Uang Digital Dalam Perspektif Syariah

To go even further, ancient scholars gave criteria for money, where money is a medium of exchange, has a fundamental dimension, and is a store of value.

The criteria proposed by earlier scholars are similar to those proposed by modern economists, with money having the criteria of being a medium of exchange, generally accepted as a means of payment, and having a basis for measuring and storing value.

A contemporary scholar of the Hanafi school, Sheikh Taqi Usmani, distinguishes between money and goods. According to him, money primarily has no intrinsic value but can be used to purchase basic human needs, while goods have intrinsic value and should be used without being exchanged for goods or other things. Second, goods can have different physical qualities and attributes, while money is not associated with physical qualities and attributes.

Therefore, there should be no difference between “outdated” money and money newly printed by the bank.

Cryptocurrency Bitcoin Vs Islamic Coin

Thirdly, in the purchase and sale of goods, the object traded must be exact in its exchange. For example, let’s take an example: when buying a car of a certain specification and then transferring it, the seller is prohibited from replacing it with another car, even if the technical characteristics are the same.

Another reason is that this coin is not authorized by the government and no one can control its circulation. This currency is also used for activities

The value of this coin is highly volatile and volatile and contains a high speculative element which is the basis for the ban of the coin.

The second opinion is one that seeks to authorize or justify digital currencies. The argument given is based on mumalla reasons, where anything is allowed as long as the main law does not violate the basic provisions of Sharia and this currency also meets the criteria set by the republic. scholars.

Mui Segera Bahas Fatwa Bitcoin

Another piece of evidence for the validity of this currency is that the current currency is being overprinted for no reason, as prohibitionists have argued, especially when the United States went off the gold standard in printing dollars.

Fiat exchange rates are also volatile and fluctuating, and even currency is used as a means of speculation and used in many illegal and criminal activities.

However, regarding the legitimacy of the government, the scientists believe that it is important that the legitimacy comes from the government and if the government legitimizes it, there will be no problem regarding the illegality of this digital currency.

However, the existence of this virtual currency also evokes rather mixed reactions. Some countries have even rejected the currency

Investasi Aset Kripto Haram Atau Halal? Ini Pandangan Mui

Because it brings uncertainty and its physical form is unknown, which contributes to its positive and negative aspects, especially from an Islamic perspective.

Throughout the history of trading, people have used different methods to survive. More specifically, during civilization, people used the barter system to buy and sell.

However, over time, this system also created problems in the transaction system, giving rise to the idea of ​​an alternative medium of exchange to facilitate the purchase and sale of money.

This money is used as a medium for buying and selling transactions, so transactions are simpler compared to the barter system.

Bahas Cryptocurrency, Pakar Ekonomi Islam Unair Paparkan Perspektif Syariah Dinas Komunikasi Dan Informatika Provinsi Jawa Timur

However, as time passes, development continues to grow, making people’s need for speed and convenience grow faster. This means that paper money has limitations in meeting human needs.

Bank Indonesia also divides payment systems into cash and non-cash. Cash is a payment system through paper money, and non-cash through electronic money, banknotes, etc. The current non-cash payment systems are likely to be used by today’s society.

One piece sold reached Rp. 800,000,000 and fell today due to several negative sentiment factors, reaching the price of Rp.500,000,000.

Others, such as ethereum, dogecoin, cardano and others appeared in the world, each coin has a different value.

Perlindungan Hukum Bagi Investor Dalam Transaksi Cryptocurrency Pada Aplikasi Binance Di Indonesia

This means that this currency is created using cryptographic technology and cannot be easily duplicated or transferred to other parties who do not own or have access to this money.

Cryptography is a branch of computer science that studies ways to hide information. Through this cryptography, the secret message is then mixed into a message that appears to have no form whatsoever and sent to the target account.

The history of cryptography began in ancient Rome when Julius Caesar sent a messenger to one of his generals at war. He did not want this message to be known to the messenger, so he mixed up the letters in the letter.

In America, Russia, England, France and many other countries, cryptography is also used in military and security fields. The use of cryptography in many areas has also kept pace with the development of the technology. This cryptographic technology is the basis for us to make every effort to ensure that our content is accurate, complete and informative. This is what we do:

Bitcoin Dan Cryptocurrency Dalam Pandangan Islam

Guaranteed Author Integrity: All our authors are well-versed in the crypto sector. Our team adheres to strict ethical and editorial standards to publish high-quality, unbiased content.

Be transparent with our sources: We believe in transparency and ensure that all sources are clearly cited and referenced in our articles.

Have a clear educational purpose: Our content is intended to educate and inform. We encourage readers to do their own research and consult financial advisors to make informed decisions.

Additional Safety Warnings: Investing in cryptocurrencies involves risks. We want to help our readers stay safe in decentralized ecosystems. However, we are not responsible for any personal financial losses or gains based on our content.

Pdf) Bitcoin Dalam Kacamata Hukum Islam

Islam is the second largest religious group in the world. In 2020, Islam represents approximately 24.7% of the world’s population, with 1.9 billion followers. Whether bitcoin is halal, Islam and how Muslims view bitcoin and cryptocurrencies in general can have a major impact on their future.

However, Islam, which was written 1,400 years ago, does not clearly state whether Bitcoin is halal or haram. It is now up to Islamic scholars to interpret Sharia law on finance and money and decide whether or not the public should use the new era currency.

This article explores where various scholars around the world stand on cryptocurrencies, whether bitcoin is halal or allowed for Muslims to engage in crypto trading, lending, borrowing and yielding.

According to early Islamic law, a currency is the value contained within it. Ideally, the price will not change quickly. This is because under Sharia law, exchanging currency means exchanging items of similar value.

Tantangan Mata Uang Kripto

First, the dinar and the dirham are two currencies popular in Islamic-dominated areas. The Byzantine dinar is a gold coin weighing approximately 5 grams. On the other hand, dirham is a silver Persian currency. The metal content determines their value.

However, the value of dinar and dirham fluctuates from time to time due to changes in the supply and demand of silver and gold. Despite this, Islamic countries followed Islam’s policy against usury and currency use. Over time, they had to convert into fiat currency, even though they were just paper and had no intrinsic value. Due to their social acceptance, science allowed fiat currencies to become mainstream in Islamic countries.

Cryptocurrencies are simple

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  1. Cryptocurrency Dalam IslamThe virtual currency is very popular and has experienced an incredible increase in value, becoming a turning point in the currency's success.Hukum Trading Aset Cryptocurrency Dalam IslamDinar is a 22 carat gold coin weighing 4.25 grams, Dirham is a pure silver coin weighing 2975 grams, the standard of which was established by Rasulullah A in 1 Hijri.Caliph Umar ibn Khattab followed in 18 AH and it was during this period that the first dirham coins were minted. The gold dinar was first minted by Malik ibn Marwan in 70 AH, based on the principles narrated by Rasulullah A and Umar ibn Khattab.In general, Islamic lawyers have two views on currency. The first view states that money is limited to dinars and dirhams and is a form created to be printed as currency.It is based on the argument that God created gold and silver as currency that can be used as a medium of exchange and as a measure of value.Bitcoin Dalam Perspektif Hukum IslamThe second opinion is that money is a terminology, and therefore everything that exists in human terminology and can be accepted under it as a measure of value is called money.Many Islamic economists agree with the second opinion: 'Money is a matter of terminology and money refers to everything in circulation in terms of its use and acceptance.This is also supported by arguments that it exists because it has no collateral and no one can control the price, so speculation is very high and creates a currency.This is reinforced by the MUI fatwa. 13 of 2011. This reasoning can actually be applied to gold and silver as well, since gold, silver and other currencies have similar properties. The difference is that regular money, like gold and silver, has a physical form in currencyAnalisis Hukum Mining Dan Perdagangan Mata Uang Digital Dalam Perspektif SyariahTo go even further, ancient scholars gave criteria for money, where money is a medium of exchange, has a fundamental dimension, and is a store of value.The criteria proposed by earlier scholars are similar to those proposed by modern economists, with money having the criteria of being a medium of exchange, generally accepted as a means of payment, and having a basis for measuring and storing value.A contemporary scholar of the Hanafi school, Sheikh Taqi Usmani, distinguishes between money and goods. According to him, money primarily has no intrinsic value but can be used to purchase basic human needs, while goods have intrinsic value and should be used without being exchanged for goods or other things. Second, goods can have different physical qualities and attributes, while money is not associated with physical qualities and attributes.Therefore, there should be no difference between "outdated" money and money newly printed by the bank.Cryptocurrency Bitcoin Vs Islamic CoinThirdly, in the purchase and sale of goods, the object traded must be exact in its exchange. For example, let's take an example: when buying a car of a certain specification and then transferring it, the seller is prohibited from replacing it with another car, even if the technical characteristics are the same.Another reason is that this coin is not authorized by the government and no one can control its circulation. This currency is also used for activitiesThe value of this coin is highly volatile and volatile and contains a high speculative element which is the basis for the ban of the coin.The second opinion is one that seeks to authorize or justify digital currencies. The argument given is based on mumalla reasons, where anything is allowed as long as the main law does not violate the basic provisions of Sharia and this currency also meets the criteria set by the republic. scholars.Mui Segera Bahas Fatwa BitcoinAnother piece of evidence for the validity of this currency is that the current currency is being overprinted for no reason, as prohibitionists have argued, especially when the United States went off the gold standard in printing dollars.Fiat exchange rates are also volatile and fluctuating, and even currency is used as a means of speculation and used in many illegal and criminal activities.However, regarding the legitimacy of the government, the scientists believe that it is important that the legitimacy comes from the government and if the government legitimizes it, there will be no problem regarding the illegality of this digital currency.However, the existence of this virtual currency also evokes rather mixed reactions. Some countries have even rejected the currencyInvestasi Aset Kripto Haram Atau Halal? Ini Pandangan MuiBecause it brings uncertainty and its physical form is unknown, which contributes to its positive and negative aspects, especially from an Islamic perspective.Throughout the history of trading, people have used different methods to survive. More specifically, during civilization, people used the barter system to buy and sell.However, over time, this system also created problems in the transaction system, giving rise to the idea of ​​an alternative medium of exchange to facilitate the purchase and sale of money.This money is used as a medium for buying and selling transactions, so transactions are simpler compared to the barter system.Bahas Cryptocurrency, Pakar Ekonomi Islam Unair Paparkan Perspektif Syariah Dinas Komunikasi Dan Informatika Provinsi Jawa TimurHowever, as time passes, development continues to grow, making people's need for speed and convenience grow faster. This means that paper money has limitations in meeting human needs.Bank Indonesia also divides payment systems into cash and non-cash. Cash is a payment system through paper money, and non-cash through electronic money, banknotes, etc. The current non-cash payment systems are likely to be used by today's society.One piece sold reached Rp. 800,000,000 and fell today due to several negative sentiment factors, reaching the price of Rp.500,000,000.Others, such as ethereum, dogecoin, cardano and others appeared in the world, each coin has a different value.Perlindungan Hukum Bagi Investor Dalam Transaksi Cryptocurrency Pada Aplikasi Binance Di IndonesiaThis means that this currency is created using cryptographic technology and cannot be easily duplicated or transferred to other parties who do not own or have access to this money.Cryptography is a branch of computer science that studies ways to hide information. Through this cryptography, the secret message is then mixed into a message that appears to have no form whatsoever and sent to the target account.The history of cryptography began in ancient Rome when Julius Caesar sent a messenger to one of his generals at war. He did not want this message to be known to the messenger, so he mixed up the letters in the letter.In America, Russia, England, France and many other countries, cryptography is also used in military and security fields. The use of cryptography in many areas has also kept pace with the development of the technology. This cryptographic technology is the basis for us to make every effort to ensure that our content is accurate, complete and informative. This is what we do:Bitcoin Dan Cryptocurrency Dalam Pandangan IslamGuaranteed Author Integrity: All our authors are well-versed in the crypto sector. Our team adheres to strict ethical and editorial standards to publish high-quality, unbiased content.Be transparent with our sources: We believe in transparency and ensure that all sources are clearly cited and referenced in our articles.Have a clear educational purpose: Our content is intended to educate and inform. We encourage readers to do their own research and consult financial advisors to make informed decisions.Additional Safety Warnings: Investing in cryptocurrencies involves risks. We want to help our readers stay safe in decentralized ecosystems. However, we are not responsible for any personal financial losses or gains based on our content.Pdf) Bitcoin Dalam Kacamata Hukum IslamIslam is the second largest religious group in the world. In 2020, Islam represents approximately 24.7% of the world's population, with 1.9 billion followers. Whether bitcoin is halal, Islam and how Muslims view bitcoin and cryptocurrencies in general can have a major impact on their future.However, Islam, which was written 1,400 years ago, does not clearly state whether Bitcoin is halal or haram. It is now up to Islamic scholars to interpret Sharia law on finance and money and decide whether or not the public should use the new era currency.This article explores where various scholars around the world stand on cryptocurrencies, whether bitcoin is halal or allowed for Muslims to engage in crypto trading, lending, borrowing and yielding.According to early Islamic law, a currency is the value contained within it. Ideally, the price will not change quickly. This is because under Sharia law, exchanging currency means exchanging items of similar value.Tantangan Mata Uang Kripto