Sharia Cryptocurrency Regulations and Fatwas: A Maqasid Shariah Analysis Regulasi dan Fatwa Kripto Syariah: Analisis Maqasid Syariah

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Findings show Malaysia exhibits stronger sharia governance through mandatory audits and literacy initiatives.
Indonesia enhances legal certainty by codifying fatwas and regulations for cryptocurrency.
The study applies the maqasid shariah framework to evaluate sharia compliance in countries with strong sharia economic principles.
Insights suggest both countries could benefit by learning from each other’s regulatory approaches.

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Comparative legal analysis highlights sharia governance and legal certainty in Indonesia and Malaysia, suggesting improvements.

Ramadhan et al. (2025) studied this question.

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