Words The Relevance of Digital Transactions to Ba’i As-Salam and the Problematics of the Digital Transaction Concept in the Islamic Perspective

Abstract

Since the internet became more accessible in the 1990s, the world trade industry has undergone a massive transformation. Electronic commerce or e-commerce has fundamentally changed the business landscape, with millions of businesses and consumers taking advantage of it every day. Islam considers that there must be an effort to Islamize the products that appear in this digital age to ensure the avoidance of the principles that are forbidden in Islam. This study aims to find out how transactions are viewed in Islam through the lens of Ba'i As-Salam, along with the problematic concept of digital transactions in the Islamic view. This study used semantic literature review. Buying and selling and digital transactions or in simple terms we call e-commerce in Islam have similarities with the Salam contract, which is a transaction process in which goods or commodities are suspended until they arrive at a predetermined time. The point is that there is a contract process for products that have not been physically visible in real life. The problem of digital transactions in the Islamic view does occur in various aspects, such as what happens in the process of Cash on Delivery (COD), Cashless Payment (Paylater) / Credit, Pre Order (PO) and Dropshipping. But all of that can be diverted by changing the contract in the process