The Islamic economic system, which is based on ijtihad, has always faced the challenges of emerging issues. One of those issues is digital currencies, which have grown significantly in the field of economics and financial transactions and have attracted public attention. Islamic jurists are concerned with the solution and sanctity of this new phenomenon.

This research seeks to reach the Sharia ruling on digital currencies (cryptocurrencies) in the light of the objectives of Sharia. There are many questions about digital currencies, the ruling on participating in their mining pools, and the ruling on buying, selling, and trading them in contracts of sale, exchange, and other contracts. This research was conducted to answer these questions in the light of the objectives of Islamic Sharia.

A descriptive method was used along with the use of inferential and analytical methods. Also, the issue was studied based on the scientific principles of research in the jurisprudence of objectives, by examining and reviewing accurate, realistic, and correct published works.

We concluded that digital currencies do not meet the conditions of “Islamic money” because they lack general acceptance and widespread popularity among the people, cannot be a general criterion and scale for pricing goods and services, are not considered a store of value, are not a criterion for postponing payments, and are not recognized or guaranteed by any government or institution. The volume of economic and monetary problems that may arise as a result of the circulation and trading of digital currencies requires that these currencies be the subject of a jurisprudential investigation.