FIQH MUAMALAH PERSPECTIVE ON INDODAX CRYPTOCURRENCY PAYMENTS: IMPACT ANALYSIS
DOI:
https://doi.org/10.20414/ijhi.v23i2.886Keywords:
Cryptocurrency, Indodax, fiqh muamalahAbstract
This research aims to explain a more in-depth analysis of the effects of using Indodax cryptocurrency payments from the perspective of fiqh muamalah and how it interacts with the principles of fiqh muamalah. This research is qualitative and uses a library research method. The author collects data, analyses it, and concludes the sources of information obtained. The results show that the impact of using Indodax cryptocurrency payments triggers concerns regarding the elements of gharar (uncertainty) and maisir (gambling) due to the highly fluctuating value and speculative nature that are sometimes involved in trading this digital currency. Because legal authorities do Not regulate cryptocurrency and have No Intrinsic Value, Cryptocurrencies can be affected by market manipulation, such as pump-and-dump schemes, where the price of a cryptocurrency is artificially inflated and then sold in large quantities, causing the price to crash. Such practices are a form of fraud and tadlis because they mislead other investors.
References
Anisa, D., Anggraini, T., & Tambunan, K. (2023). Analisis cryptocurrency sebagai alat alternatif berinvestasi di Indonesia. Owner. https://doi.org/10.33395/owner.v7i3.1698
Ardiyanto, M. H. (2020). Transaksi jual beli dengan Bitcoin perspektif fiqh muamalah. Nature Microbiology, 3(1), 641. https://doi.org/10.1038/s41421-020-0164-0
Ardiyansyah, T., Saputra, I., Kinanti, T., Rahmanda, K. A., & Hasan, A. (2024). Analisis penggunaan Bitcoin sebagai alat tukar di Indonesia menurut pendapat tokoh Islam. Sosio E-Kons, 16(1), 9. https://doi.org/10.30998/sosioekons.v16i1.21707
Arminanto, E. R., & Firmansyah, K. A. (2022). Bitcoin’s position in Indonesian currency law. Indonesian State Law Review (ISLRev). https://doi.org/10.15294/islrev.v5i2.47491
Denny, D., & Disemadi, H. S. (2023). Cryptocurrencies as digital payment media: Opportunities and challenges. Law and Justice, 7(2), 128–142. https://doi.org/10.23917/laj.v7i2.743
Diaz, I. R., & Febriadi, S. R. (2022). Tinjauan fikih muamalah terhadap kegiatan transaksi jual beli aset kripto pada blockchain. Bandung Conference Series: Sharia Economic Law, 2(1), 9–17. https://doi.org/10.29313/bcssel.v2i1.143
Djati, R. M., & Dewi, T. I. D. W. P. (2024). Regulasi metode pembayaran dengan mata uang kripto (Cryptocurrency) dalam transaksi bisnis internasional. Ethics and Law Journal: Business and Notary, 2(2), 91–106. https://doi.org/10.61292/eljbn.170
Fajaruddin, A., Azizy, D. F., Parojai, M. R. P., Husni, I. S., & Tambusai, M. K. (2023). The concept of cryptocurrency in Islam. FINANSIA: Jurnal Akuntansi dan Perbankan Syariah, 6(1), 77–88. https://doi.org/10.32332/finansia.v6i1.6524
Fauzi, M., & Mursal, M. (2023). Halal atau Haram Cryptocurrency sebagai Alat Transaksi Pembayaran?: Mendialogkan dari Sudut Pandang Syariah dan Regulasi. Saqifah: Jurnal Hukum Ekonomi Syariah. Retrieved from https://journals.fasya.uinib.org/index.php/saqifah/article/view/404
Feliyani, N., & Ardiyanto, M. H. (2022). Transaksi jual beli dengan Bitcoin perspektif fiqh muamalah. Islamic Review: Jurnal Riset dan Kajian Keislaman, 11(1), 109–124. https://doi.org/10.35878/islamicreview.v11i1.338
Genda, S. A., Jasmin, S. P., & Sari, M. (2024). Jual beli saham crypto dalam perspektif fiqh muamalah. Jurnal Al-Kharaj: Studi Ekonomi Syariah, Muamalah, dan Hukum Ekonomi, 4(1), 1–23. https://doi.org/10.30863/alkharaj.v4i1.6537
Goldsmith, D., Grauer, K., & Shmalo, Y. (2020). Analyzing hack subnetworks in the Bitcoin transaction graph. Applied Network Science. https://doi.org/10.1007/s41109-020-00261-7
Herlin, U. (2023). Jual beli cryptocurrency Bitcoin dalam perspektif fiqh muamalah kontemporer (Skripsi Sarjana, Universitas Islam Negeri Raden Fatah Palembang). http://repository.radenfatah.ac.id/id/eprint/28910
Hardiyanti, I. S., Hidayat, A. A., Novita, S. A., & Sajiyo. (2024). Analysis of the DSN MUI fatwa on Sharia electronic money from the perspective of qiyas (Study on the LinkAja Sharia application). Journal of Islamic Financial Studies, 12(1), 66–85. https://doi.org/10.20414/ijhi.v23i1.644
Jati, H. S., & Zulfikar, A. A. (2021). Transaksi cryptocurrency perspektif hukum ekonomi syariah. Jurnal Al-Adalah: Jurnal Hukum dan Politik Islam, 6(2), 137–148. https://media.neliti.com/media/publications/361163-none-28995abd.pdf
Lahuri, S. bin, & Mumtaz, A. F. (2024). Cryptocurrency menurut kaidah Sadd Adz-Dzari’ah. MAQASID: Jurnal Studi Hukum Islam, 13(1), 44–58. http://journal.um-surabaya.ac.id/index.php/Maqasid
Moch, M. A. A. M. H. S. (2022). Analisis yuridis atas fatwa MUI tentang cryptocurrency sebagai alat tukar melalui aplikasi Indodax (Skripsi, Universitas Islam Negeri Sunan Ampel). Diakses dari: http://digilib.uinsa.ac.id/id/eprint/54232
Muna, C. L., & Firmansyah, M. (2024). Perspektif fiqh mu’amalah terhadap penggunaan Bitcoin sebagai transaksi dalam jual beli (Al-Ba’i). UQUDUNA: Jurnal Hukum dan Ekonomi Syariah, 2(1), 1–11. https://doi.org/10.29040/jiei.v8i3.6767
M., K. N., & Sumathy, M. (2023). Cryptocurrency: An Islamic finance perspective. Al-Muhasib: Journal of Islamic Accounting and Finance, 3(1), 55–69. https://doi.org/10.30762/almuhasib.v3i1.237
Nisa, M. R., & Rofiq, M. (2021). Hukum cryptocurrency perspektif fiqh kontemporer. Al-Ikhtisar: The Renewal of Islamic Economic Law, 2(2), 91–96. https://doi.org/10.54261/al-ikhtisar.v2i2.66
Priyatno, P. D., & Atiah, I. N. (2021). Melirik dinamika cryptocurrency dengan pendekatan ushul fiqh. Jurnal Ilmiah Ekonomi Islam, 7(3), 1682–1688. http://jurnal.stie-aas.ac.id/index.php/jiedoi:http://dx.doi.org/10.29040/jiei.v7i3.3590
Qaroush, Z., Zakarneh, S., & Dawabsheh, A. (n.d.). Cryptocurrencies Advantages and Disadvantages: A Review. International Journal of Applied Sciences and Smart Technologies, 4(1), 1–20. https://ejournal.usd.ac.id/index.php/IJASST/article/view/4610/2759
Rachmaditya, D. (2023). Transaksi cryptocurrency perspektif ushul fiqh. Mu’amalat: Jurnal Kajian Hukum Ekonomi Syariah, 15(2), 145–158. https://doi.org/10.20414/mu.v15i2.7496
Rully R. Ramli. (2024). Platform Jual Beli Aset Kripto Indodax Diduga Diretas. Kompas. Diakses pada 4 Desember 2024, dari https://tekno.kompas.com/read/2024/09/12/07010027/platform-jual-beli-aset-kripto-indodax-diduga-diretas
Ruslina, E. (2023). Legal review of the use of cryptocurrency as a means of payment in Indonesia. Jurnal Info Sains: Informatika dan Sains, 13(3), 1132–1137. https://ejournal.seaninstitute.or.id/index.php/InfoSains/article/view/3721
Preshila, X. G., & Hidayat, A. R. (2022). Analisis fikih muamalah pada praktik transaksi non-fungible token (NFT) di OpenSea. Jurnal Riset Perbankan Syariah, 77–84. https://doi.org/10.29313/jrps.v1i2.1474
Setiawan, N. (2023). Donor Due Diligence, Education, Donor Statements, and Financial Report Transparency as a Prevention of Money Laundering in Islamic Philanthropy. Journal of Islamic Philanthropy Studies, 5(3), 15–28. https://doi.org/10.20414/ijhi.v23i1.656
Siregar, B. S. U., Siahaan, D. Z. R., & M., B. (2023). Analisis transaksi uang cryptocurrency dalam pandangan Islam. Jurnal Ilmiah Edunomika, 8(1), 1–10. https://doi.org/10.29040/jie.v7i1.7751
Wandri, A., & Arsal, R., & Rahmiati, M. I. (2022). Cryptocurrency as a means of investment and payment on Islamic law perspective. DOKBAT 2022 - 18th International Bata Conference for Ph.D. Students and Young Researchers, 2(2), 84–88. https://doi.org/10.7441/dokbat.2022
Widhiarti, J. A., Arisandi, D., & Yarmunida, M. (2022). Perspektif Islam dan pandangan masyarakat kota Bengkulu terhadap fenomena cryptocurrency. Jurnal Ilmiah Ekonomi Islam, 8(3), 2778–2784. https://doi.org/10.29040/jiei.v8i3.6767
Zazuni, I. (2022). Analisis akad sharf terhadap praktik civitas akademika UIN Mataram tentang jual beli Bitcoin melalui aplikasi Indodax (Skripsi Universitas Islam Negeri Mataram). Diakses dari: http://etheses.uinmataram.ac.id/id/eprint/3686.
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Azizah Mudrikah, Oman Fathurohman SW
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
