Ja'far Nasution
UIN Sultanah Nahrasiyah Lhokseumawe

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ANALISIS KEPATUHAN SYARIAH CRYPTOCURRENCY TERHADAP EKOSISTEM EKONOMI SYARIAH Ja'far Nasution; Azharsyah Ibrahim
Didaktik : Jurnal Ilmiah PGSD STKIP Subang Vol. 12 No. 01 (2026): Volume 12 No. 01, Maret 2026 Release
Publisher : STKIP Subang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36989/didaktik.v12i01.13181

Abstract

The results show that the Sharia compliance of cryptocurrencies is controversial and contextual. Negatively, cryptocurrencies contain elements of gharar (uncertainty), maysir (speculation), lack clear underlying assets, and have the potential for misuse. Therefore, they tend to be non-compliant with Sharia principles if used as a medium of exchange or speculative instrument. However, on the positive side, cryptocurrencies have the potential to be Sharia-compliant if positioned as digital assets, used for long-term investment, and supported by the transparency of blockchain technology.From the perspective of the maqasid sharia (Islamic principles of protection of wealth), protection of religion (Islamic principles of protection of religion), and protection of reason (Islamic principles of protection of reason) without adequate oversight. Regulations and fatwas in Indonesia demonstrate a dualism, where the use of cryptocurrency as a means of payment is prohibited, but permitted as a commodity under certain conditions.Implications for the sharia economic ecosystem include opportunities in the form of sharia fintech innovation, increased transaction efficiency, and financial inclusion, as well as challenges in the form of legal uncertainty, the risk of sharia non-compliance, and conflicts between fatwas and regulations. Therefore, regulatory harmonization and clear sharia compliance standards are needed so that the use of cryptocurrency can support the sustainable development of the sharia economy.
Globalisasi dan Transformasi Ekonomi Syariah: Tantangan dan Peluang di Era Disrupsi Ja'far Nasution; Iskandar
Didaktik : Jurnal Ilmiah PGSD STKIP Subang Vol. 12 No. 02 (2026): Volume 12 No. 2, Juni 2026 Public
Publisher : STKIP Subang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36989/didaktik.v12i02.15991

Abstract

This study examines the influence of globalization on the transformation of Islamic economics in the era of digital disruption. Globalization, characterized by the integration of international trade, cross-border investment, and the rapid development of digital technology, has significantly transformed the global economic system. Amid these dynamics, Islamic economics has emerged as an alternative economic system that emphasizes justice, transparency, sustainability, and social balance. This research aims to analyze the process of economic globalization, its impact on international trade, cross-border investment, global financial markets, and its implications for the development of Islamic economics. In addition, this study explores the challenges and opportunities of Islamic economics in the era of disruption and proposes a maqashid sharia-based framework for Islamic economic development. The research employs a qualitative approach using descriptive-analytical methods through library research. Data were collected from scientific journals, academic books, reports from international institutions, and various documents related to global and Islamic economics. The findings indicate that globalization provides significant opportunities for the growth of the halal industry, Islamic fintech, sharia investment, and digital-based Islamic economic systems. However, globalization also presents challenges such as the dominance of the global capitalist system, financial market volatility, complex technological developments, and low levels of Islamic economic literacy. This study concludes that the integration of maqashid sharia, digital transformation, state regulation, and technological innovation can strengthen the position of Islamic economics as an inclusive, just, and sustainable economic system amid the dynamics of globalization.