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Chrisna Bagus Edhita Praja
Universitas Muhammadiyah Magelang, Indonesia‎
Religion Arts Humanities Computer Science & IT Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Medicine & Pharmacology Public Health Social Sciences Other

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Journal : Jurnal Media Hukum

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Meta-Mortgaging: Islamic Law Review on Marhūn Issues Fauzan Muhammadi; Deslaely Putranti; Chrisna Bagus Edhita Praja; Alda Kartika Yudha
Jurnal Media Hukum Vol 29, No 2: December 2022
Publisher : Fakultas Hukum Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jmh.v29i2.16959

Abstract

To this date, technology has seen massive development and, it influences the economic field. The emergence of the metaverse has become an inevitable part of this progress. It serves as a digital world, wherein everyone is able carry out a vast array of activities, including economic transactions. The emergence of digital assets, that has encouraged serious discussion, is inseparable from Islamic law. One of these digital assets is the Non-Fungible Token (NFT). This digital asset is the focus of this study, specifically on for its posibility to become material guarantees. This article employs a qualitative study and presented descriptively through the perspective of Islamic law. The result of this study is that the pledged-object (marhūn) has certain primary conditions for it to be functional, namely: it is a property, it has value, it can be traded, its asset value is clearly known, and it is actually owned by the guarantor (rāhin). The concept of marhūn as a valuable object ultimately answers that NFT is included in the marhūn category. However, since NFTs do not stand alone if the transaction currency used in the metaverse is cryptocurrencies, al-rahn transactions using NFTs become less favourable considering Cyrptocurrency is deemed to be haram.
Co-Authors Ahmad Agung Febrianto Ahmad Agung Febrianto Alda Kartika Yudha Amelia Mingky Setyo Hernawin Arifa Fatimah, Dian Arifa Fatimah, Dian Asiyah, Yeni Bambang Tjatur Iswanto Bambang Tjatur Iswanto, Bambang Tjatur Budi Agus Riswandi Cindy Dwi Dasep Nurjaman Deslaely Putranti Dian Novitasari Dian Novitasari Anggraeni Diana Setiawati Diana Setiawati Diana Setiawati Duddy Roesmara Donna Erna Putri Erni Tyas Fahmi Medias Faizal Ardani Fauzan Muhammadi Habib Muhsin Syafingi Hardianto Djanggih Hary Abdul Hakim Heni Lutfiyati, Heni Heniyatun Heniyatun Heniyatun Hermawati, Heny Himawati, Nilma Himawati, Nilma Ika Triana Elvandari Jovanka Boby Rahardian Khudzaifah Dimyati Kuni Nasihatun Arifah Lutifyati, Heni Ming Hsi Sung Muhammad Bagus Boy Saputra Muhammad Bagus Boy Saputra Muhammad Ridhwan Ab. Aziz Muji Setiyo Mulyadi Mulyadi Murtono Murtono Mutia Qori Dewi Masithoh Mutia Qori Dewi Masithoh Nabila Anisahaq Nindhitya Mega Putri Syaharani Nurjaman, Dasep Nurjaman, Dasep Panji Nagaro Panji Nagaro Priyatna, Anastasya Aprilian Puji Sulistyaningsih Puji Sulistyaningsih Putri Dwi Arianti Putri Dwi Arianti Putri Tegar Agustin Putri, Nadira Azari Qori Endah Rakhmat Dian Hidayat Rakhmat Dian Hidayat Ros Pawestri Salsabila Rahadatul’ Aisy Sandy, Fadillah Septi Indrawati Setyadi, Deka Wendi Sri Murwani Suharso Suharso Sumi Febriana Fadilah Sung Ming-Hsi Teguh Budi Pratomo Wahyu Cahyo Hadiyono Yulia Kurniaty Yusuf Arifin Zulfikar Bagus Pambuko