Muwafaqat: Journal of Islamic Law
Vol. 2 No. 1 (2026): Muwafaqat: Journal of Islamic Law (inpress)

Regulating The Metaverse: Sharia Compliance, Digital Assets, And The Evolution Of Islamic Economic Law In Indonesia

Muhammad Iman Kurniawan (Universitas Darussalam Gontor Ponorogo, Indonesia)
Mohamad Gally Tawakal (Mu'
tah University, Jordan)

Dewi Sri Astuti (Universitas Darunnajah, Indonesia)
Ahsanul Mufid (Universitas Islam Madinah, Saudi Arabia)



Article Info

Publish Date
28 Jun 2026

Abstract

Purpose of the study: This study aims to identify doctrinal, regulatory, and institutional gaps hindering Sharia-compliant metaverse governance in Indonesia and to propose an integrative framework based on maqasid al-shariah for digital-asset oversight post-OJK transfer. Methodology: This study employs a Systematic Literature Review (SLR) following the PRISMA 2020 protocol. It synthesizes 42 publications indexed in Scopus and SINTA (2015–2025) using thematic analysis. No software or surveys were applied; the review relies on qualitative document synthesis of peer-reviewed articles and regulatory texts. Main Findings: Three persistent tensions are identified: doctrinal ambiguity on virtual assets' legal status (mal), fragmented multi-regulator governance, and limited DSN-MUI fatwa responsiveness to virtual transactions. These gaps obstruct Sharia-compliant metaverse development, necessitating a tripartite framework integrating fiqh muamalah, prudential regulation, and Sharia-by-design technology. Novelty/Originality: This study offers the first systematic integration of maqasid al-shariah with post-transfer Indonesian digital-asset governance, bridging fiqh muamalah, prudential regulation, and technology design. It advances Islamic economic law by presenting a concrete, context-specific framework for metaverse compliance, addressing regulatory fragmentation and doctrinal uncertainty uniquely.

Copyrights © 2026






Journal Info

Abbrev

muwafaqat

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance

Description

Muwafaqat: Journal of Islamic Law (E-ISSN 3109-886X) is a high-quality open access peer-reviewed research journal published by Cv. Kayaswara in collaboration with collaboration with the Center for Research and Community Service, Indonesia. Aiming to communicate original research and relevant current ...