Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency

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...

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Main Authors: Rosyadhi, Rozi Irfan, Salim, Abu
Format: UMS Journal (OJS)
Language:eng
Published: Muhammadiyah University Press 2022
Subjects:
Online Access:https://journals.ums.ac.id/index.php/jisel/article/view/17204
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author Rosyadhi, Rozi Irfan
Salim, Abu
author_facet Rosyadhi, Rozi Irfan
Salim, Abu
author_sort Rosyadhi, Rozi Irfan
collection OJS
description 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. This  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.
format UMS Journal (OJS)
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institution Universitas Muhammadiyah Surakarta
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publisher Muhammadiyah University Press
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spelling oai:ojs2.journals.ums.ac.id:article-17204 Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency Rosyadhi, Rozi Irfan Salim, Abu Zakah; Blockchains; Cryptocurrency 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. This  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. Muhammadiyah University Press 2022-03-11 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/jisel/article/view/17204 10.23917/jisel.v5i1.17204 Journal of Islamic Economic Laws; Vol 5, No 1: January 2022; 61-83 2655-9617 2655-9609 eng https://journals.ums.ac.id/index.php/jisel/article/view/17204/7401 Copyright (c) 2022 Journal of Islamic Economic Laws https://creativecommons.org/licenses/by-sa/4.0
spellingShingle Zakah; Blockchains; Cryptocurrency
Rosyadhi, Rozi Irfan
Salim, Abu
Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title_full Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title_fullStr Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title_full_unstemmed Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title_short Islamic Economic Perspective and Potential of Zakah Imposement on Cryptocurrency
title_sort islamic economic perspective and potential of zakah imposement on cryptocurrency
topic Zakah; Blockchains; Cryptocurrency
topic_facet Zakah; Blockchains; Cryptocurrency
url https://journals.ums.ac.id/index.php/jisel/article/view/17204
work_keys_str_mv AT rosyadhiroziirfan islamiceconomicperspectiveandpotentialofzakahimposementoncryptocurrency
AT salimabu islamiceconomicperspectiveandpotentialofzakahimposementoncryptocurrency