Mapping the Growth and Trends of Research on Islamic Financial Management: a Bibliometric Analysis

Abstract

Purpose: This study aims to evaluate the literature on Islamic financial management through a bibliometric approach, focusing on trends, patterns, and research contributions.

Methodology: The method used in this study is quantitative descriptive with a bibliometric approach that analyzes 820 articles from the Scopus database. The tools used in this study are VOSviewers, R-Studio, and Microsoft Excel.

Findings: This study highlights the importance of international and multidisciplinary collaboration in developing Islamic finance. This study also emphasizes the importance of sustainable development in the Islamic finance industry and the need for collaboration between various stakeholders to achieve this goal.

Practical Implication: This study's findings can help practitioners formulate more effective strategies for marketing Islamic financial products. This study also provides a basis for policymakers to formulate regulations that support the growth of the Islamic finance industry. The right policies can encourage innovation, increase financial inclusion, and ensure Islamic financial products meet ethical and sustainability standards.

Originality: This study provides deeper insights into the challenges and opportunities in the Islamic finance industry. With the increasing understanding of Islamic financial management, the public is expected to be more aware of the choice of financial products in accordance with Islamic principles that can increase public participation in a more inclusive and ethical financial system.