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