Table 1.

Summary of selected studies that conducted a bibliometric analysis of Islamic finance literature

Author(s)PurposeTime periodApproach/methodologyFindings
Harande (2008) To find out the periodic growth of the literature, author patterns, geographic origin of the published literature and the language of dispersion related to Islamic economics2000–2006The study was based on data collected from the journal Thoughts on EconomicsA total of 51 publications were produced during the period of study; 77% of these published papers emanated from Bangladesh while the remaining 23% were shared amongst nine countries. The majority of the papers were in English. Only 21% of the papers were of a collaborative nature
Othman et al. (2009) To visualize the discipline of Islamic finance and its ontology-based on co-citation analysis1980–2008The authors collected data through record creation, mapping of highly cited authors, documents and themes. They derived the ontology of Islamic finance through co-cited themesResearch in Islamic finance is strongly focused on ribā and the contribution from Islamic economics. They also document that highly co-cited authors were from the Islamic economics discipline
Ridhwan et al. (2013) To analyse the results of various bibliometric patterns of articles published by The Journal of Muamalat and Islamic Finance Research (JMIFR)2004–2011Data from each volume of JMIFR were collected and statistically analysed using the Statistical Package for the Social Sciences (SPSS) softwareThe total number of articles published during the period was 91. Dual authorship was prevalent and accounted for about 56.8% of the articles published. It was also found that 80% of the articles were published in English
Lone (2016) To analyse the state of research journals and high-quality papers in Scopus and WoS2000–2016The author analysed the growth rate, articles indexed, yearly data of papers, number of papers, author scores, university/institution scores and country scoresThe author found a significant increase in the number of new journals and published articles. The study ranked three Malaysian universities as having the highest number of authors, followed by the USA and the UK, respectively
Ali and AlQuradaghi (2019) To examine the academic polemics, stakeholder perceptions and publishing prospects of IEF researchNot applicableThis study adopted both quantitative and qualitative methodsDespite the increasing interest in IEF research and the level of research output over the past three decades, the study found that the field is still in need of improvement in the quality of research
Narayan and Phan (2019) To conduct bibliometric analysis focusing on Islamic bank performance, equity market performance, asset pricing, Islamic bonds, market interactions and ethical issues in financeNot applicableThe study surveyed 112 papers published in top journalsIslamic finance literature is deeply skewed towards bank performance followed by equity market performance
Paltrinieri et al. (2019) To survey the ṣukūk literature1950–2018The study reviewed and analysed 80 papers through bibliometric citation analysis (using HistCite and VOS-viewer software) and content analysisIt identified three research streams: ṣukūk overview and growth, ṣukūk and finance theories, ṣukūk and stock market behavior
Firmansyah and Faisal (2019) Uses a bibliometric analysis to visualize the performance of Islamic economics and finance journals in IndonesiaNot applicableThe authors used VOS-viewerThe study revealed the top five Islamic economics and finance journals in Indonesia, along with the 10 most productive researchers
Ahmid and Öndeş (2019) To examine PhD dissertations and draw a general map in the field of Islamic banking and finance in the UK2000–2018The study analysed all PhD theses in the field of Islamic banking and finance written in the UK. The theses were obtained from the database of the British LibraryThe number of PhD dissertations has increased rapidly since 2010. Durham University has the highest number of theses
Rahman et al. (2020) To conduct a bibliometric analysis of SRI ṣukūk literature1970–2019The study used VOS-viewer software to analyse 232 peer-reviewed articles from the WoS databaseSRI ṣukūk literature mainly falls in three research clusters: nature of SRI ṣukūk, the competitiveness of SRI ṣukūk and determinants of SRI ṣukūk

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