Study of Theories Related to Digital Currency Islamic Coin Trading in The Modern Era According to The Perspective of Islamic Law

Abstract

This scientific work discusses the topic of digital currency trading in the perspective of Islamic law in the modern era. The presence of digital currencies such as Bitcoin, Ethereum, and various other crypto assets has changed the global financial landscape and challenged traditional legal norms, including in the context of Islamic law. The study delves into the concepts and principles of Islamic law relevant to digital currency trading. In addition, the author will also discuss the views of various scholars and religious authorities in Islam related to digital currency trading. the researcher also examined the comparison between trading digital currencies with conventional financial instruments, such as stocks and fiat currencies, in the context of Islamic law. In an effort to understand whether digital currency trading can be adapted to sharia principles, such as evaluating the elements of riba (interest), gharar (uncertainty), and maisir (gambling) in this trading activity. The results of this research will provide a better understanding of how Islamic law can adapt to modern financial innovations, particularly in the context of digital currency trading. It will also provide guidance for market participants, regulators, and scholars in formulating views and policies related to digital currencies within the framework of Sharia.