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Bitcoin in Islamic Jurisprudence: Between Innovation and Speculation Rifqi Prasmanto, Jundullah; Ma’ruf, Anang; Fathurrahman Assidiq, Muhammad; Faiz Diyaulhaq, Muhammad
Journal of Islamic Law and Legal Studies Vol 2 No 1 (2025): Journal of Islamic Law and Legal Studies
Publisher : Mabadi Iqtishad Al Islami

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70063/-.v2i1.62

Abstract

This study examines the status of Bitcoin and its underlying blockchain technology from the perspective of Islamic law. The research utilizes a qualitative library-based method, analyzing primary sources of Islamic jurisprudence alongside recent academic studies. It explores key Shariah principles such as mal mutaqawwam, maysir, gharar, and riba, in assessing Bitcoin's permissibility. The findings reveal that while Bitcoin's volatility, speculation, and lack of intrinsic value raise concerns under Islamic finance, the asset does not inherently involve interest (riba). Furthermore, the research distinguishes between the controversial nature of Bitcoin and the positive potential of blockchain technology, which aligns with the objectives of maqasid al-shariah, particularly in promoting transparency, financial inclusion, and ethical conduct. The study concludes that while Bitcoin may remain contentious, blockchain offers significant opportunities for Shariah-compliant financial innovation when supported by appropriate regulation and ethical oversight.
Managing Digital Economic Corridors: International Cooperation and Regional Integration in the Digital Age Rifqi Prasmanto, Jundullah; Ma’ruf, Anang; Fathurrahman Assidiq, Muhammad; Faiz Diyaulhaq, Muhammad
TechComp Innovations: Journal of Computer Science and Technology Vol. 2 No. 1 (2025): TechComp Innovations: Journal of Computer Science and Technology
Publisher : Pusat Riset dan Inovasi Nasional Mabadi Iqtishad Al Islami

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70063/techcompinnovations.v2i1.63

Abstract

This study explores the complexities of managing Digital Economic Corridors (DECs) within the framework of international cooperation and regional integration. It highlights the necessity of multi-level governance structures that coordinate national, regional, and international stakeholders to ensure effective corridor management. The research identifies critical challenges including policy misalignment, regulatory fragmentation, digital sovereignty conflicts, and significant capacity gaps in developing countries. Public–Private Partnerships (PPPs) are underscored as key drivers of infrastructure development, but require robust oversight to ensure inclusivity and accountability. The study emphasizes that digital sovereignty issues complicate multilateral cooperation by creating competing regulatory regimes and geopolitical tensions. Moreover, capacity limitations in developing nations impede equitable participation in DECs, necessitating sustained international support in digital literacy, policy development, and institutional strengthening. Ultimately, the findings suggest that balanced governance, harmonized regulations, and inclusive capacity-building are essential to unlocking the full potential of DECs as instruments for regional economic growth and digital integration.