E-Money According to Maqashid Sharia in Wahbah Zuhaili’s View

Abstract

This study described e-money scope and how it is compatible with maqashid sharia according to Wahbah Zuhaili’s thought.  This research uses a library research method approach sourced from previous research results, magazines, articles, books, journals, etc. Found some transactions in e-money, namely; 1) issuance and top-up transactions; wadi'ah contract and qardh contract 2) payment transactions; al-sharf contract, wakalah contract, and ijarah contract, and 3) Refund. Based on e-money transactions, it is permitted in maqashid sharia and complies with Bank Indonesia Regulations. However, many issuers provide cashback to attract people to use e-money. Cashback is allowed, if cashback is not an interest-bearing loan mode, cashback is not a requirement to get a discount and there is clarity on the price of the goods being traded. Based on Wahbah Zuhaili’s thought explains that e-money can use for transactions cause e-money regulation appropriate is with conditions for new things in maqashid sharia. However, the if the review from Sharia was certain, e-money can use if the riba element through cashback is eliminated. The cashback can be used if the additions are given only as a marketing and in the form of grants.