Proceedings of the 3rd International Conference on Halal Development (ICHaD 2022)

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Revealing the Meaning of Crypto and Bitcoin Currencies as Digital Assets: Al-Jashash Perspective

Authors
Abdul Basid1, *
1Universitas Negeri Malang, Malang, Indonesia
*Corresponding author. Email: Abdul.basid.fs@um.ac.id
Corresponding Author
Abdul Basid
Available Online 30 May 2023.
DOI
10.2991/978-94-6463-188-3_11How to use a DOI?
Keywords
Bitcoin; electronic transactions; digital assets; Al-Jashash
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).

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Halal Development (ICHaD 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
30 May 2023
ISBN
10.2991/978-94-6463-188-3_11
ISSN
2352-5428
DOI
10.2991/978-94-6463-188-3_11How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Abdul Basid
PY  - 2023
DA  - 2023/05/30
TI  - Revealing the Meaning of Crypto and Bitcoin Currencies as Digital Assets: Al-Jashash Perspective
BT  - Proceedings of the 3rd International Conference on Halal Development (ICHaD 2022)
PB  - Atlantis Press
SP  - 98
EP  - 109
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-188-3_11
DO  - 10.2991/978-94-6463-188-3_11
ID  - Basid2023
ER  -