Melola Discovery

← Melola Discovery

Akses terbuka Jurnal SINTA 1

Shari’ah Analytics of Arabic Currency Terms and Implications for Cryptocurrency

Journal of Islamic Monetary Economics and Finance · Vol. 12 No. 1 (2026) · hlm. 107–132

DOI
10.21098/jimf.v12i1.3328
ISSN
2460-6618, 2460-6146
Terbit
2026-02-26
Penerbit
Bank Indonesia
Bahasa
eng
Lisensi
creativecommons.org/licenses/by-nc/4.0

Abstrak

This study introduces Sharīʿah analytics, a novel methodological framework leveraging machine learning and big data analytics, to systematically analyze classical Islamic jurisprudential texts (furūʿ al-fiqh kitābs), and further assesses cryptocurrencies against the Islamic monetary principles. Sharīʿah analytics is done via computationally processing 55 texts across four Sunni and one Shia legal tradition, examining Arabic currency-related terms and their fundamentals to explain whether cryptocurrencies align with pre-modern juristic definitions rooted in physicality, standardization, and regional acceptance. Findings reveal that cryptocurrencies inherently diverge from classical criteria, e.g., weight-based valuation, intrinsic material purity, and communal consensus, interpreting them non-compliant with traditional Islamic currency frameworks. This approach advances Islamic monetary scholarship, offering a data-driven lens to reconcile ethical monetary principles with emerging digital economies. The study fills a gap in existing literature by systematically contextualizing cryptocurrency debates within primary juristic sources rather than relying on speculative analogies or fragmented scholarly opinions. Acknowledgment Fahmi Ali Hudaefi would like to thank Dr Haula Noor (Universitas Islam Internasional Indonesia) for introducing him to Islamicate Digital Humanities, which grounds the idea of Shariah analytics. This research received funding from the Deanship of Scientific Research, Vice Presidency for Graduate Studies and Scientific Research, King Faisal University, Saudi Arabia [KFU252890]. In addition, this research also received funding from Majelis Pendidikan Tinggi Penelitian dan Pengembangan (Diktilitbang) Muhammadiyah Risetmu Penelitian Reguler Batch IX [0259.1043/I.3/D/2025].

Kata kunci

Jaringan kolaborasi para penulis

40 penulis · 177 tautan kepenulisan bersama · 8 lintas organisasi · menampilkan 40 yang paling banyak terhubung

Arahkan kursor atau ketuk sebuah nama untuk menyorot rekan penulisnya. Klik dua kali untuk membuka halaman penulis.

  • Muhammadiyah University of Yogyakarta
  • Muhammadiyah University of Surakarta
  • Muhammadiyah University of North Maluku
  • Sekolah Tinggi Agama Islam Minhaajurrosyidin
  • Bandung Institute of Technology
  • Universitas Sumatera Utara
  • Sekolah Tinggi Agama Buddha Negeri Raden Wijaya Wonogiri
  • Afiliasi tidak diketahui
  • Organisasi berbeda
  • Organisasi sama
  • Afiliasi tidak diketahui
  • Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel
Tampilkan sebagai tabel
Rekan penulisOrganisasiArtikel bersama
Rashifahunnisa’ MelliniaMuhammadiyah University of Surakarta1
Rozi Irfan RosyadhiAfiliasi tidak diketahui1
Sitti Nurhidayanti IshakMuhammadiyah University of North Maluku1
Fathur RochmanSekolah Tinggi Agama Islam Minhaajurrosyidin1
Ardian SAMSUDDINMuhammadiyah University of Yogyakarta1
M. Naufal Ibnu AlisAfiliasi tidak diketahui1
Sendy SeptianozakiaAfiliasi tidak diketahui1
Dadang SetianaAfiliasi tidak diketahui1
Yudo AnggoroBandung Institute of Technology1
Vijaya IsnaniawardhaniAfiliasi tidak diketahui1
Emi SukiyahAfiliasi tidak diketahui1
Prana Ugiana GioUniversitas Sumatera Utara1
Rezzy Eko CarakaAfiliasi tidak diketahui1
Anjar Dimara SaktiAfiliasi tidak diketahui1
Bens PardameanAfiliasi tidak diketahui1
Muhammad Khahfi ZuhandaAfiliasi tidak diketahui1
Khairunnisa SupardiAfiliasi tidak diketahui1
Rung Ching ChenAfiliasi tidak diketahui1
Noor Ell GoldameirAfiliasi tidak diketahui1
Avia Enggar TyastiAfiliasi tidak diketahui1
Rumanintya Lisaria PutriAfiliasi tidak diketahui1
Amos LukasAfiliasi tidak diketahui1
Rishan AdhaAfiliasi tidak diketahui1
Pahrudin PahrudinAfiliasi tidak diketahui1
Alfitri ZukhrufaniAfiliasi tidak diketahui1
Aulia Rahmadanti ChisaanAfiliasi tidak diketahui1
Belbi AlfarisAfiliasi tidak diketahui1
Pawestri KinasihAfiliasi tidak diketahui1
Syarif As'adAfiliasi tidak diketahui1
Sutrisno SutrisnoSekolah Tinggi Agama Buddha Negeri Raden Wijaya Wonogiri1
Ardella Ninda SafitriAfiliasi tidak diketahui1
Irwandi JaswirAfiliasi tidak diketahui1
Abdul Aziz Yahya SaoqiAfiliasi tidak diketahui1
Hidayaneu FarchatunnisaAfiliasi tidak diketahui1
Ulfah Lathifah JunariAfiliasi tidak diketahui1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) http://www.jimf-bi.org/index.php/JIMF/oai, pertama di-harvest 9 Nov 2026, terakhir terlihat 9 Nov 2026.
Metadata asli (oai_dc)
<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en">Shari’ah Analytics of Arabic Currency Terms and Implications for Cryptocurrency</dc:title>
	<dc:creator xml:lang="en">Hudaefi, Fahmi Ali</dc:creator>
	<dc:creator xml:lang="en">Zakiy, Muhammad</dc:creator>
	<dc:creator xml:lang="en">Laallam, Abdelkader</dc:creator>
	<dc:creator xml:lang="en">Athief, Fauzul Hanif Noor </dc:creator>
	<dc:creator xml:lang="en">Apriantoro, Muhamad Subhi </dc:creator>
	<dc:subject xml:lang="en">Cryptocurrency, Dinar, Dirham, Nuqud, Fulus, Shari’ah analytics.</dc:subject>
	<dc:subject xml:lang="en">Islamic finance</dc:subject>
	<dc:subject xml:lang="en">Shariah</dc:subject>
	<dc:subject xml:lang="en">Fiqh al-Muamalat</dc:subject>
	<dc:description xml:lang="en">This study introduces Sharīʿah analytics, a novel methodological framework leveraging machine learning and big data analytics, to systematically analyze classical Islamic jurisprudential texts (furūʿ al-fiqh kitābs), and further assesses cryptocurrencies against the Islamic monetary principles. Sharīʿah analytics is done via computationally processing 55 texts across four Sunni and one Shia legal tradition, examining Arabic currency-related terms and their fundamentals to explain whether cryptocurrencies align with pre-modern juristic definitions rooted in physicality, standardization, and regional acceptance. Findings reveal that cryptocurrencies inherently diverge from classical criteria, e.g., weight-based valuation, intrinsic material purity, and communal consensus, interpreting them non-compliant with traditional Islamic currency frameworks. This approach advances Islamic monetary scholarship, offering a data-driven lens to reconcile ethical monetary principles with emerging digital economies. The study fills a gap in existing literature by systematically contextualizing cryptocurrency debates within primary juristic sources rather than relying on speculative analogies or fragmented scholarly opinions.
Acknowledgment
Fahmi Ali Hudaefi would like to thank Dr Haula Noor (Universitas Islam Internasional Indonesia) for introducing him to Islamicate Digital Humanities, which grounds the idea of Shariah analytics.
This research received funding from the Deanship of Scientific Research, Vice Presidency for Graduate Studies and Scientific Research, King Faisal University, Saudi Arabia [KFU252890]. In addition, this research also received funding from Majelis Pendidikan Tinggi Penelitian dan Pengembangan (Diktilitbang) Muhammadiyah Risetmu Penelitian Reguler Batch IX [0259.1043/I.3/D/2025].  </dc:description>
	<dc:publisher xml:lang="en">Bank Indonesia</dc:publisher>
	<dc:date>2026-02-26</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://jimf-bi.org/JIMF/article/view/3328</dc:identifier>
	<dc:identifier>10.21098/jimf.v12i1.3328</dc:identifier>
	<dc:source xml:lang="en">Journal of Islamic Monetary Economics and Finance; Vol. 12 No. 1 (2026); 107-132</dc:source>
	<dc:source>2460-6618</dc:source>
	<dc:source>2460-6146</dc:source>
	<dc:source>10.21098/jimf.v12i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://jimf-bi.org/JIMF/article/view/3328/1031</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2026 Journal of Islamic Monetary Economics and Finance</dc:rights>
	<dc:rights xml:lang="en">http://creativecommons.org/licenses/by-nc/4.0</dc:rights>
</oai_dc:dc>