Investasi Cryptocurrency Bitcoin Dalam Teknologi BlockchainMenurut Syariat Islam

Abstract

Often the rapid development of the world economy and also Islam is the majority of Indonesian people, as
Muslims must understand technology Cryptocurrencies and activities related to these technologies, as well as
understanding the law in Islamic Sharia are sourced from Hadith and verses of the Koran. Cryptocurrency is
virtual money, digital money, or electronic money that exists in cyberspace and does not have a concrete form of
object. This cryptocurrency has many kinds, including Litecoin, Monero, Ether, Ripple, Ethereum, Qtum, Dash,
Zcash, and Bitcoin. Bitcoin security is protected by Blockchain technology. However, Bitcoin does not have an
underlying asset (underlaying asset) and there is no responsible authority agency, its ownership is anonymous, its
value fluctuations are very extreme, and is dominated by the opinion publication factor of the marketing system.
That is why the use of Bitcoin in investment and business transactions raises pros and cons among economists and
scholars. This study aims to get an overview of Bitcoin technology, especially about Blockchain and the legitimacy
of its use in investment and business transactions according to Islamic law. The applied theory used is the
business taxonomy of haram lidzatihi and haram lighairihi from the number of scholars reconstructed by
Adiwarman Abdul Karim. This research is a literature study. The data sources for this research were taken from
the Koran, the hadith of the Prophet, classical and contemporary books, as well as from online media sources.
From this study, it was found that Bitcoin technology with Blockchain can indeed be recognized as an excellent
revolutionary technology, but its use as an investment instrument contains elements of maysir (betting) and as an
instrument of business transactions contains elements of gharar. Its legal position is haram lighairihi.