Smart Contracts Used in the Blockchain: A Juristic Stud

Objectives: The research aims to clarify the ruling on forming smart contracts using blockchain technology, and related conditions pillars of legality. Methods: researchers used a descriptive approach describe which they are based, an inductive by extrapolating scientific material topic from ancient fiqh books, contemporary analytical legality blockchain, its conditions. Results: study concluded that concept formed is technological term, there no agreement overarching definition it. This because technology through these constantly evolving. also found infrastructure for implementing contracts, it special type decentralized database. It contract, such as formulation, contracting parties, subject contract in essence compatible with Islamic jurisprudence. determined made, legal conducting follows done principle contractual based them permissible long do not violate Shari’a when concluding via blockchain. Conclusions: recommend examining possibility benefiting developing financing formulas banks.