Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : MAQASIDI

Investment in Non-Fungible Token (NFT) Digital Assets from Hadith Perspective: An Analysis of Gharar and Maisir Elements Muhammad, Alfan Jawahir; Arif, Zainal; Nurafni, Fina
MAQASIDI: Jurnal Syariah dan Hukum Vol. 5, No. 2 (Desember 2025)
Publisher : MAQASIDI: Jurnal Syariah dan Hukum published by the Islamic Criminal Law Program of the Sharia and Islamic Economics Department at the Sekolah Tinggi Agama Islam Negeri Teungku Dirundeng Meulaboh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47498/10.47498/maqasidi.v5i2.6335

Abstract

 The advancement of blockchain technology has introduced new digital economic instruments, notably Non-Fungible Tokens (NFTs), which function not only as representations of digital asset ownership but also as investment vehicles with highly volatile values. This development has sparked debates within Islamic law, particularly regarding the presence of gharar (excessive uncertainty) and maisir (speculative gambling) in NFT investment practices. This study examines the legal status of NFT investment from the perspective of ḥadīth-based muʿāmalah and analyzes the extent to which gharar and maisir are inherent in its transactional mechanisms. Employing a qualitative library research approach, this study uses descriptive-analytical methods to examine Prophetic ḥadīths prohibiting gharar and maisir, and contextualizes them within the technical characteristics and transaction structures of NFTs. Data sources include classical ḥadīth collections, ḥadīth commentaries, fiqh al-muʿāmalah literature, and relevant contemporary scholarly works. The findings indicate that NFTs, as digital assets, possess definable objects, ownership clarity, and verifiable delivery through blockchain technology, and therefore do not inherently constitute gharar. However, the use of cryptocurrency, extreme price volatility, and short-term speculative behavior may introduce elements of gharar and maisir if not accompanied by clear valuation, utility, and investment objectives. Consequently, the permissibility of NFT investment cannot be generalized but must be assessed contextually to uphold justice and the protection of wealth (ḥifẓ al-māl).
Co-Authors Abdillah, Tegar Abdul Rahman, Nazaruddin Affan, Mohammad Firza Afiful Ikhwan agung setiawan Ahmad Suryadi, Ahmad Ahmad, Nazli Alfarizi, Mohammad Risko Ali, Masri ALI, NURDIN Ali, Sulaiman Andriansah, Febri Anip Dwi Saputro, Anip Dwi Anta Maulana, Riza Arifin, Ja’far Ariyanto, Ayok Atep Hendang Waluya ATIN, SRI - Awang, Abu Ilham Azzahra, Aprodita Baehaqi Bahri, Efri Syamsul Bahri, Saiful Basyit, Abdul Bintang, Adinda Putri Mutiara Cut, Banta Dwitha Nirmala Fatahillah, Tubagus Abdull fitria, Zul Habibi, Ananda Handayani, Nurlaila Happy Susanto Harmin, Amelia Hasmi, Farhan Husein, Mohamad Akmal Alwi Husni Ihsan, Ahmad IRMA DEWI Irza Sukmana, Irza ISKANDAR Iskandar Iskandar Itaqlala, Nabilah Izhar Amri, Muhammad Jahan, Rayhan Shah Jayawarsa, A.A. Ketut Jufrizal Jufrizal Junaidi Junaidi Kamil, Syahiir Kartika, Fitria likhun, Muf Lola Yustrisia Lubis, Maysaroh M. Nizar Machmud M. Reza Prima Mahfiroh, Ririn Maidin, Maidin Maliki, Abd. Manuels, Arif Masri Ibrahim Meitriana, Inggit Menazmi, Teuku Moh. Khoirul Anam Muh. Tajab, Muh. Muhamad Zen Muhammad Amin Muhammad, Alfan Jawahir Muhammad, Ichwan Arifin Mursyidah Mursyidah Muslich, Ahmad Nadya, Yusri Nafrizal Nasruddin Nasruddin Nasution, Elvy Sahnur Nasution, Fadly A. Kurniawan Nurafni, Fina Nurbojatmiko Nurbojatmiko, Nurbojatmiko Pamungkas, Nurman Patmawati Priharta, Andry Purnaya, Adjy Putra, Alfito Rahman Ramadhan, Muhammad Afin Ramadhani, Rizky Raziqin, Muhammad Khairul Rejeki Josua Purba, Heri Reza, Nursyahril Rifaldi, Dwi Rita Syntia Ritonga, Abriandi Sahputera Ritonga, Din Aswan A. Riyansah Botutihe, Rahmad Rizal Adi Saputra Rohman, Agus Hidayatul Rosyadan, Dafa Amrina Rosyadi , Zidan Nayyiv Rosyadi, Fazlur Rahman Rudiatin, Endang Rustiana, Siti Hamidah Sabri, Faris Ahmad Mizanus Safi'i, Muhammad Safi’i, Muhamad Salamun, Ade Salsabilah Samosir, Reynaldi Santika, Murni Sariyusda, Sariyusda Sembiring, Dicky Maranata Septiani, Adinda Dwi Sianti, Diska Amalia Sigit Dwi Laksana, Sigit Dwi Sigit, Sigit Dwi Laksana Sihombing, Bryan Stein Siswo Pranoto Suandhana, Uud Pandu Sudin, Mahmudin SUGIYANTO Suheri Suheri Sumawijaya Surawan, Surawan Syafii, Muhamad Syahrizal Syifaul Huzni Taufan Arif Adlie Teuku Azuar Rizal Ulinnuha, Kamila Utama, Indra Utami S, Wanda Valencia, Marcella Wathoni, Mahbubul Widodo, Syamsul Bahri Yakob, Iskandar Yasin Efendi Zaedi, Muhamad Zahira, Hasna zulfikar, Achmad Jusuf Zulfiko, Riki Zulfitria Zulfitria, Zulfitria Zulhanif Zulkarnain Zulkarnain Zulkarnain Zulkarnain