Cryptocurrency in Islamic View: Sentiment Analysis Method Approach

Muhammad Iqbal Birjaman; Shofi Arofatul Marits; Sebastian Herman

doi:10.37641/jimkes.v12i1.2341

Authors

Muhammad Iqbal Birjaman Department of Sharia Economics, Faculty of Sharia Economics and Business, Institut Agama Islam Tazkia; Bogor, Indonesia
Shofi Arofatul Marits Department of Sharia Economics, Faculty of Sharia Economics and Business, Institut Agama Islam Tazkia; Bogor, Indonesia
Sebastian Herman Department of Sharia Economics, Faculty of Sharia Economics and Business, Institut Agama Islam Tazkia; Bogor, Indonesia

DOI:

https://doi.org/10.37641/jimkes.v12i1.2341

Keywords:

Cryptocurrency, Bitcoin, Islamic economics

Abstract

Islamic economics focuses on realizing Islamic ideals, rahmatan lil 'alamin, which aims to provide goodness, prosperity and well-being. Halal (Positive) and haram (negative) aspects in the realm of cryptocurrency. Based on an extensive review of 23 relevant journals, this research aims to analyze the literature and explore the implications of cryptocurrency in relation to Islamic principles. This research focuses on key variables such as compliance with Sharia, riba (usury), gharar (uncertainty), and transparency. By reviewing existing literature and considering the perspective of Islamic scholars and law, this paper aims to determine whether cryptocurrency is permitted or prohibited from an Islamic perspective. These findings will contribute to the ongoing discourse around the compatibility of cryptocurrencies with Islamic finance and ethics. This study emphasizes the importance of addressing halal and haram issues and implications in the cryptocurrency ecosystem. Ultimately, this research aims to provide insights and recommendations for scholars and practitioners in the field of Islamic finance and cryptocurrency.

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