Al-Kharaj: Journal of Islamic Economic and Business
Vol. 7 No. 1 (2025): All articles in this issue include authors from 3 countries of origin (Indonesi

Digital Solutions for Islamic Charity: The Impact of Cryptocurrency on Zakat, Infaq, and Sadaqah

Pranata, Eka Octavian (Unknown)
Nabilah, Deva (Unknown)
Ma’rifah, Aula Nurul (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

In the digital age, financial technology (fintech) developments offer new opportunities for the practice of Islamic charity, particularly zakat, infaq, and sadaqah (ZIS). One of the most innovative solutions is the use of cryptocurrency in these charitable activities. This article aims to analyze the impact of cryptocurrency adoption in the collection and distribution of ZIS by reviewing relevant literature and existing case studies. The research seeks to understand the potential, challenges, and legal implications of utilizing cryptocurrency in Islamic charity. The findings reveal that while cryptocurrency has the potential to enhance the efficiency and transparency of ZIS collection, it also presents challenges related to regulation, value stability, and acceptance by religious authorities.

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Kharaj, Journal of Islamic Economic and Business is peer-reviewed journal published by program studi ekonomi syariah , Institut Agama Islam Negeri (IAIN) Palopo. Al-Kharaj focus on the research of Islamic Economic and Business. The aims of this journal is to explore and develop economic related ...