REVIEW OF THE AL-SHARF ACADEMIC ON THE PURCHASE AND SALE TRANSACTIONS OF DIGITAL CRYPTOCURRENCY ASSETS IN TOKOCRYPTO APPLICATION

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Hasanudin Hasanudin
Nuning Haryati

Abstract

Digital money is the forerunner to the creation of cryptocurrency, cryptographic-based currency. As one of the largest Muslim countries, in Indonesia there is still a maze of pros and cons regarding the buying and selling of cryptocurrency assets which are deemed not in accordance with Islamic law in muamalah. Therefore the researchers examined further what kind of sale purchase transactions that occurred in the Tokocrypto application in the review of the al-Sharf contract. Using a type of library research, a normative approach and the nature of the research used in this research is descriptive qualitative. Data collection techniques by way of documentary techniques, online data tracking and observation. Before you can make a transaction, you are required to create an account and go through the KYC (Know Your Customer) process, make a deposit so that you can then buy and sell assets. According to the Al-Sharf contract, exchange conditions must be carried out on a spot basis, exchanges in order to support commercial transactions avoid conditional buying and selling, carried out with parties who are able to provide foreign exchange and are not allowed to sell goods that have not been controlled. The results of this study are that transactions that occur in the Tokocrypto application are legal and easy-to-use transactions, and the fulfillment of the terms and pillars of al-sharf is valid if the transactions made are not for trading. Halal haram cryptocurrencies depend on the users themselves.


Keywords: al-Sharf, Cryptocurrency, Tokocrypto.

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Hasanudin, H., & Nuning Haryati. (2023). REVIEW OF THE AL-SHARF ACADEMIC ON THE PURCHASE AND SALE TRANSACTIONS OF DIGITAL CRYPTOCURRENCY ASSETS IN TOKOCRYPTO APPLICATION. IQTISHOD: Jurnal Pemikiran Dan Hukum Ekonomi Syariah, 2(2), 102–114. Retrieved from https://iqtishod.staimasi.ac.id/index.php/JI/article/view/25
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