Revealing the Meaning of Crypto and Bitcoin Currencies as Digital Assets: Al-Jashash Perspective
Abdul Basid ()
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Abdul Basid: Universitas Negeri Malang
A chapter in Proceedings of the 3rd International Conference on Halal Development (ICHaD 2022), 2023, pp 98-109 from Springer
Abstract:
Abstract The development of information technology and the internet in the economic field has provided various benefits in people’s lives, both in trade and investment. At present, Bitcoin is not considering a means of payment or cryptocurrency but as an asset with economic value for its users. According to the trade minister’s decision, Bitcoin is a digital asset included in crypto assets traded on futures exchanges. Regulations on transactions only discuss in general anything related to electronic media. Therefore, this study will examine the controversy over bitcoin as a digital asset for electronic commerce and investments and how al-Jashash’s thoughts contributed to his interpretation of bitcoin and crypto as digital assets. For him that against bitcoin and crypto as digital assets are riba which means ( ) is like a mound (ground rises).
Keywords: Bitcoin; electronic transactions; digital assets; Al-Jashash (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-188-3_11
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DOI: 10.2991/978-94-6463-188-3_11
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