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All Journal Al-madinah: Journal of Islamic Civilization An-Nisa’ Journal of Gender Studies
Aris Munandar, Siswoyo
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Religion Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Response and Approach of Muhammadiyah in Addressing the Phenomenon of Digital Cryptocurrency in Urban Communities Aris Munandar, Siswoyo; Fahrurrozi, M.
Al-madinah: Journal of Islamic Civilization Vol. 2 No. 2 (2025): Al-madinah: Journal of Islamic Civilization
Publisher : Pusat Pengkajian dan Pengembangan Islam Jakarta (PPIJ)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70901/mbbx5x05

Abstract

The phenomenon of cryptocurrency adoption among Indonesia's urban communities is on the rise, following rapid digital economic development. However, the involvement of Muslim communities—including Muhammadiyah members—has sparked ethical and Islamic legal debates regarding the legitimacy and safety of cryptocurrencies. Diverse perspectives among religious authorities and the low level of digital sharia literacy underscore the importance of Muhammadiyah’s response and approach to this issue. This study aims to elaborate on Muhammadiyah’s response, legal (fatwa) arguments, and approaches regarding the phenomenon of cryptocurrencies, particularly in urban environments that are vulnerable to speculative investment and lack sharia understanding. The research uses a qualitative descriptive method with literature review, analyzing official fatwas, academic literature, and Muhammadiyah’s religious education practices related to cryptocurrency. It also includes a comparative analysis with other Islamic authorities in Indonesia. The Tarjih and Tajdid Council of Muhammadiyah has issued a fatwa declaring the use of cryptocurrency, as both a means of exchange and an investment instrument, as haram. The main reasons for this decision are its speculative nature (maysir), uncertainty (gharar), extreme volatility, and lack of clear underlying asset. Muhammadiyah believes cryptocurrency does not satisfy sharia economic principles and tends to bring harm to society. Muhammadiyah’s approach emphasizes community-based education, digital da’wah, and the enhancement of sharia financial literacy to protect urban communities from speculative investments and digital fraud risks.
Empowering women and advancing peace: A study of wahid foundation’s initiatives for inclusive social transformation in Indonesia Aris Munandar, Siswoyo
An-Nisa' Journal of Gender Studies  Vol. 18 No. 1 (2025): An-Nisa' Journal of Gender Studies
Publisher : Institute for Research and Community Service, Universitas Islam Negeri Kiai Haji Achmad Siddiq Jember, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35719/annisa.v18i1.312

Abstract

The increasing spread of radicalism in rural areas places women as the most affected group; however, they remain excluded from peacebuilding and development processes. This situation reflects a serious irony that may threaten the long-term social sustainability of Indonesia’s future. This study analyzes the Peace Village Program’s response to rural radicalism through women’s empowerment and evaluates its impact on peace declarations and cooperative-based economic institutions. This qualitative case study employed document analysis, participatory observation, and interviews. Data were analyzed thematically using source triangulation and audit trail techniques to ensure validity and adherence to research ethics. The study findings indicate that: (1) the Peace Village Program responds to rural radicalism by empowering women through strengthening tolerance, peace, economic capacity, as well as training and advocacy; (2) the program successfully declares peace villages and empowers women as entrepreneurs; and (3) economic empowerment through the Peace Village Cooperative integrates nine peace indicators, establishes Village-Owned Enterprises (BUMDes), and distributes loans. The study concludes that the Peace Village Program effectively addresses radicalism and empowers women economically, but high participation does not ensure substantive power due to elite dominance and donor dependency. This study contributes to strengthening an integrative approach to village-based peacebuilding and emphasizes the importance of a power perspective, while highlighting the need to enhance women’s capacity, local institutions, and economic sustainability.
Co-Authors Fahrurrozi, M.