Kointegrasi dan Kausalitas Bitcoin terhadap Nilai Tukar Rupiah: Pandangan Islam

Authors

  • Dewi Jumiarti Prodi Ekonomi Islam, Fakultas Ekonomi dan Bisnis Universitas Tanjungpura
  • Hayet Hayet Fakultas Ekonomi dan Bisnis Universitas Tanjungpura

DOI:

https://doi.org/10.26418/jmi.v1i1.46278

Abstract

Tujuan penelitian untuk mengetahui kointegrasi, kausalitas berikut pengaruh antara Bitcoin dan nilai tukar Rupiah. Metode penelitian uji regresi linier sederhana dengan metode ARCH- GARCH,   Kointegrasi   Johansen,   dan   Kausalitas   Engel   Granger.   Data   Bitcoin   dan   nilai   tukar menggunakan   data   mingguan   selama   enam   tahun (2013-2019).   Penelitian   ini   mendapatkan Bitcoin   tidak   memiliki   kointegrasi   jangka   panjang   dengan   nilai   tukar   Rupiah.   Hubungan kausalitas   berbentuk pola   satu arah yang terjadi pada Bitcoin terhadap nilai   tukar Rupiah. Bitcoin   memiliki   pengaruh   positif   terhadap   nilai   tukar   Rupiah.   Transaksi   Bitcoin   tidak memenuhi   salah   satu   rukun   maupun   syarat   dalam   al-sharf   sehingga   tidak   sesuai   dengan ketentuan   syariat   Islam   serta   transaksi   tidak   dapat   dibatalkan   walaupun   terjadi   pending order. Bitcoin lebih beresiko pada maysir, batil, dan gharar.

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Published

2021-04-29

Issue

Vol. 1 No. 1 (2021): Jurnal Muamalat Indonesia

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