article's actual aimed more to people muslim, but i try write with language that more homely so that more easily understood. expected article's facilitate for congregation muslim to raise knowledge in in world financial. i actual be in position that less comfortable because i become one-the other one everybody's current's regarded enough able answer question such. i not feel proud about fact not very many people muslim that able answer question's other than i howbeit actual i feel sad because measly feeling interest that owned by community muslim for learn about topic's. some muslim educated who've i interview not ever understand many about anything's actual bitcoin. while person-everybody's has a stand of enthusiastic against bitcoin flat-flat not understand about aspect-aspect that discussed inside law islam. see situation that like this, i hope become either bridge that can connect second community this (bitcoin and muslim). need we know is some aspect inlaw islam that only applicable at currencies, especially rule-rule about borrowing and donation - matter's too are becoming reason why we see many institution financial and bank spring up and claim that they accordance with teaching sharia or existing place donation that related closely to alms in country-country west. even many an speculate existing existence bank with runway sharia because have reason main make community muslim as target they, and institution charity islam also become part from policy domestic they. anything's actual alms? alms is a shape charity yearly that given by people muslim, that calculated as much 2,5% from total wealth they included property in shape commodity certain like noble metal. alms as much as maybe direct shared to people poor and hunger, child-child orphaned, and some nomad. current's, actual i have doubt about level sharia from eye banknote i (us dollar). i not understand why a paper are minted by central bank united states differ with paper are minted by parker related ("company game monopoly"). i neither understand why if so we not give alms in shape money monopoly only. only because caution-caution i apply law islam that keep me want to give alms in shape banknote. i shan't ever want to give alms from noble metal i with use banknote, that it means i should find institution recipient alms that want to paid with noble metal. i malakukan alms to hidaya foundation because i admire integrity they, and i believe that they'll channel contribution i with purpose that well. but until now, i not yet find institution recipient alms that want to receive bitcoin. for discuss matter's we should started with question, "what being called with eye currencies by islam?" for answer question such, i will use work sheikh imran hosein, especially in book that titled "the gold dinar and silver dirham" (dinar gold and dirham silver). he is either student islam that most experienced in topic's. sheikh imran hosein identified existing six classification commodity that can pledged as currencies by some follower prophet muhammad. in in inter alia-koran mentioned explicitly that gold and silver can pledged as currencies, but when followers is short of supply from gold and silver, then they can use fruit date palm, wheat, jelai and salt as currencies. next, we have note that prophet muhammad apply rule that linked to currencies use commodity-commodity such, but not for item other like for example cattle, that not can used become currencies. in generation-generation next, people muslim receive some coin foreign as currencies but not receive all of, many also that rejected as currencies. they use commodity-commodity new in area where six commodity original ordinary's they use not available, for example only use rice when in indonesia and sugar when in cuba. so that, why and what reason some coin received as currencies while other's rejected? why use some commodity this, and refuse other's? sheikh imran hosein identify six characteristic-characteristic general that can made as currencies that sharia in islam. currencies is something's in the form of food or noble metal. currencies available independently and not governed whoever. currencies is durable and not experience damage or corrosion. currencies have score intrinsic. currencies that created and made valuable by god. currencies function as a media exchange. i actual want deny characteristic currencies that first. sheikh imran hosein conclude requirement that money must likes metal or food from list original, but the foregoing not stated explicitly in text. is possibly that commodity-commodity that used because meet five requirement other's. in explain characteristic first sheikh imran hosein write: "some cleric islam think that human free for use any, even a sand, as currencies. they then go for state that nonexistent prohibition in print paper for pledged as money and then determine score whatever for paper such. response we is that only allah swt that entitled to founded as inter alia-razzaq, the creator wealth. whoever that tries to having rights prerogatives divine with create wealth from paper, or arbitrary-treatment determine that particle sand have score that differ from natural value they, will stated guilty because regarded shirk (worship idol)." refusal against sand and paper not because commodity such not likes metal or food, but because they lacks score intrinsic. when explain meaning score intrinsic, natural value, and score the granted god, that frequent he use by take turn, result ujinya is that score that pure dictated by offering and request, and not by artificially (imitation) created by a institution center (central bank). according to i, if a commodity not likes metal or food but meet five characteristic other's, then commodity such can categorized as currencies. for example, stone rai from micronesia, bead-bead wampum that used by some people original america, or leather irascible-irascible that pledged as currencies in era pre-revolution america. now we need ask, "anything's bitcoin?" bitcoin is a currencies digital that spread in network peer-to-peer that spread throughout world. tissue's have a book accounting big named blockchain that accessible by public, where in it recorded all transaction who've done by all user bitcoin, included balance that owned by each user. in process all transaction, some miners bitcoin must finish a calculation math that complex. when they successful find solution, a block will established in in blockchain, and some miners it'd obtain bitcoin new that born from system. bitcoin this will they share back to in network when they transact with some user bitcoin other's. process creation bitcoin this will decreased along with running of time. in time having been determined, amount bitcoin that is not will exceed 21 million bitcoin, and that more crucial again is, bitcoin shan't can manipulated by whoever. every transaction public have key private (private key) an appropriate so that only party recipient-like that that can transact next. transaction will broadcast to in network, noted in ledger, and a key new will created to deliver right ownership full to party recipient even though by technical, information available at every computer that connected in network. result, bitcoin can be exchanged independently by anybody that connected in network, even pass national boundary. transaction's can done without institution any as intermediary. transaction can done from whichever in's during they had access to network. and transaction's has/have potential for done by anonymous. so that how explanation this can relating to definition we about currencies? first, whether bitcoin that included noble metal or food? certainly not, but like having been i explain previous, i not believe problem characteristic noble metal or food it is criteria that well in determine whether a commodity that can regarded currencies or not. second, whether bitcoin have supply that abundant and available independently? naturally. whoever can become miners bitcoin only with give time for for carry out process computer the necessary, or they can obtain bitcoin with exchange currencies other for currencies digital such, or can also accept it as payment. third, whether bitcoin is durable? naturally. if you store bitcoin you at flash drive and hide below mattres you during 20 year, data will remain intact. is possibly that data can damaged, so that not durable like gold or silver, but at least more durable than wheat or jelai. fourth, whether bitcoin have score intrinsic? person-person ask to me actual bitcoin guaranteed by what. answer is bitcoin valuable because person appreciate bitcoin. what that guarantee a gold? answer are equal. gold only valuable because person appreciate gold. nonexistent central bank being expressed that bitcoin valuable. bitcoin supported by itself, and that is that purposed with score intrinsic. some person appreciate bitcoin for potential anonimitas that offers, some support bitcoin because can transfered through internet without cost, and person other support bitcoin with reason to gain peace thought because account they shan't can be frozen by whoever. any reason they in appreciate bitcoin, reason caused by characteristics conveys at design bitcoinnya, not out that. that is score intrinsic from bitcoin. fifth, whether bitcoin is in creation, and made valuable by allah? matter's difficult for answered because usually not become part from economic analysis. result test for this, according to sheikh imran hosein, is that price dictated by offering and request, and not arbitrary-treatment determined by central bank. so that, for example, congregation islam at initially receive coin copper foreign-even though copper not either from six commodity original that used by some follower prophet muhammad-but they ignore face value coin and memperdagangkannya at price copper in market. bitcoin lacks face value. nonexistent central bank that arbitrary-treatment give score for currencies digital such with score that differ from natural value they. site trade online like bitstamp memperjualbelikan bitcoin like matter kitco trade gold in market that price continue change according offering and request. i think about it like this. gold is in creation, but lacks price until finally mined and made become shape were useful. gold need power human that process and mendesainnya preemptively to gain value. similarly with bitcoin. solution for problem math that is in creation possibly not is material, but they found (or processed) not created. but they not valuable until they processed by some miners bitcoin and designed by network bitcoin. law economy that manage fluctuation price reflect score the granted allah, even though if shape program bitcoin, like coin, is design human. for i, bitcoin meet requirement this, but i could see how anybody else maybe deny conclusion such. sixth, whether bitcoin function as tool exchange? naturally. bitcoin used by thousands person every day for buy, sell and traded and bitcoin self can shared until eight decimal number. so that, from six requirement currencies in islam, bitcoin by easy can meet four requirement by perfect, meet either requirement that still can debated, and not meet either requirement that according to i unnecessarily for issue. how if we compare bitcoin with banknote? banknote not in the form of metal or food. because occur inflation, banknote not is durable, and value decreased from time to time. lacks not intrinsic, but came from law legal tender that oblige use. price not dictated by offering and request, but determined by institution centralized or central bank. banknote only meet two from six requirement main, that is: abundant and function as tool exchange-and characteristic even that fulfilled because required by law general or secular. in situation best, banknote only can meet two from six characteristic requirement currencies inlaw islam, while bitcoin meet four or five requirement currencies. so that, congregation islam that regard paper as currencies certainly must regard bitcoin as currencies, maybe more than that. people muslim that refuse banknote and is find alternative other should start find know about bitcoin. we now living on condition where noble metal hardly general utilized again as exchange rates in circle person-commoner like in distant past. i see improvisation that beautiful menganai at distant past, base economy move to food when supply noble metal have started rare. and days's economy digital we started move to currencies digital when noble metal starting rare, or not even may utilized as eye exchange. by consequently kesimulannya, i mention bitcoin suitable as currencies. you free to approve opinion i or not. but is certain current's i is wait lembga alms that want to receive bitcoin so that i could do alms i through bitcoin. source article [translated by oscar darmawan and suasti atmastuti] how opinion teman2 bitcoiners especially that muslim about review opinion currencies by sharia this? maybe that more master law sharia can help give view. ps: help read in the past article new give comment
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