Journal of Islamic Economic Laws
Vol 5, No 1: January 2022

Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency

Rozi Irfan Rosyadhi (Jawaharlal Nehru Technological University, India)
Abu Salim (Institut Teknologi dan Bisnis Ahmad Dahlan)



Article Info

Publish Date
11 Mar 2022

Abstract

Indonesia is the home country for many Muslim, management and effectiveness of zakah is essential to the society. In the era of digital technology government imperative to use technology to improve the classical zakat administration ensure the transpiration and principle of easiness payment of zakah. This paper giving study of perspective of the economic islam and potential application zakah on cryptocurrency. ThisĀ  is a qualitative approach where the primary resource from Indonesia zakah administration laws and the secondary source as journal, article and published report. The finding of this paper suggest that government and NGO should give facility and accepting payment zakah in crypto, the capability of transfer is more transparent and cross the border of the country using blockchains technology. Give society more secure and trust in zakah organization in Indonesia. This research will assist the zakah administration in Indonesai to adopt technology in this regard.

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Journal Info

Abbrev

jisel

Publisher

Subject

Arts Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Description

The Journal of Islamic Economic Laws is intended to be a media for disseminating results of researches and an exchange of Indonesian scientific work among academics, practitioners, regulators, and the public. The Journal of Islamic Economic Laws covers a variety of research approaches, namely ...