IDEAS home Printed from https://ideas.repec.org/a/eee/glofin/v49y2021ics1044028321000491.html
   My bibliography  Save this article

Islamic microfinance: A bibliometric review

Author

Listed:
  • Hassan, M. Kabir
  • Alshater, Muneer M.
  • Hasan, Rashedul
  • Bhuiyan, Abul Bashar

Abstract

This paper quantitatively analyzes the literature on Islamic microfinance from early 2000 to 2020, as represented by English-language articles from the Scopus database. Using a bibliometric approach plus content analysis, we describe the field's evolution and structure, including co-citation, co-authorship, and bibliographical coupling. We find that Malaysia is the most relevant country, the International Islamic University Malaysia (IIUM) the most relevant institution, and the International Journal of Systems and Ethics the most relevant journal. There are four main topics: (1) principles, performance, and problems in Islamic microfinance, (2) sustainable development, (3) women's empowerment, and (4) the role of banks. We also offer future research directions.

Suggested Citation

  • Hassan, M. Kabir & Alshater, Muneer M. & Hasan, Rashedul & Bhuiyan, Abul Bashar, 2021. "Islamic microfinance: A bibliometric review," Global Finance Journal, Elsevier, vol. 49(C).
  • Handle: RePEc:eee:glofin:v:49:y:2021:i:c:s1044028321000491
    DOI: 10.1016/j.gfj.2021.100651
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1044028321000491
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.gfj.2021.100651?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kurt, Yusuf & Sinkovics, Noemi & Sinkovics, Rudolf R. & Yamin, Mo, 2020. "The role of spirituality in Islamic business networks: The case of internationalizing Turkish SMEs," Journal of World Business, Elsevier, vol. 55(1).
    2. Widiarto, Indra & Emrouznejad, Ali, 2015. "Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application," Socio-Economic Planning Sciences, Elsevier, vol. 50(C), pages 1-17.
    3. Cobo, M.J. & López-Herrera, A.G. & Herrera-Viedma, E. & Herrera, F., 2011. "An approach for detecting, quantifying, and visualizing the evolution of a research field: A practical application to the Fuzzy Sets Theory field," Journal of Informetrics, Elsevier, vol. 5(1), pages 146-166.
    4. Bayu Arie Fianto & Christopher Gan & Baiding Hu, 2019. "Financing from Islamic microfinance institutions: evidence from Indonesia," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 79(5), pages 633-645, September.
    5. Branco Ponomariov & Craig Boardman, 2016. "What is co-authorship?," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(3), pages 1939-1963, December.
    6. Kevin W. Boyack & Richard Klavans, 2010. "Co‐citation analysis, bibliographic coupling, and direct citation: Which citation approach represents the research front most accurately?," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 61(12), pages 2389-2404, December.
    7. Nees Jan Eck & Ludo Waltman, 2010. "Software survey: VOSviewer, a computer program for bibliometric mapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(2), pages 523-538, August.
    8. Carla Martínez-Climent & Ana Zorio-Grima & Domingo Ribeiro-Soriano, 2018. "Financial return crowdfunding: literature review and bibliometric analysis," International Entrepreneurship and Management Journal, Springer, vol. 14(3), pages 527-553, September.
    9. Kevin W. Boyack & Richard Klavans, 2010. "Co-citation analysis, bibliographic coupling, and direct citation: Which citation approach represents the research front most accurately?," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 61(12), pages 2389-2404, December.
    10. Mohammed Obaidullah, 2015. "Enhancing food security with Islamic microfinance: insights from some recent experiments," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 75(2), pages 142-168, July.
    11. El-Komi, Mohamed & Croson, Rachel, 2013. "Experiments in Islamic microfinance," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 252-269.
    12. Muhammad Sayeedul Haque & Masahiro Yamao, 2011. "Prospects and challenges of Islamic Microfinance Programmes: a case study in Bangladesh," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 4(1), pages 95-111.
    13. Afifa Malina Amran & Intan Salwani Mohamed & Sharifah Norzehan Syed Yusuf & Nabilah Rozzani, 2019. "Financial and Social Performances of Islamic Microfinance Service Provider With Mobile Banking," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 181-190, August.
    14. Sirajo Aliyu & Rosylin Mohd Yusof & Nasri Naiimi, 2017. "The role of moral transaction mode for sustainability of banking business," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 44(12), pages 2238-2256, December.
    15. Fianto, Bayu Arie & Gan, Christopher & Hu, Baiding & Roudaki, Jamal, 2018. "Equity financing and debt-based financing: Evidence from Islamic microfinance institutions in Indonesia," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 163-172.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muneer M. Alshater & Mayank Joshipura & Rim El Khoury & Nohade Nasrallah, 2023. "Initial Coin Offerings: a Hybrid Empirical Review," Small Business Economics, Springer, vol. 61(3), pages 891-908, October.
    2. Hanan Qudah & Sari Malahim & Rula Airout & Mohammad Alomari & Aiman Abu Hamour & Mohammad Alqudah, 2023. "Islamic Finance in the Era of Financial Technology: A Bibliometric Review of Future Trends," IJFS, MDPI, vol. 11(2), pages 1-29, June.
    3. Pattnaik, Debidutta & Hassan, M. Kabir & Dsouza, Arun & Tiwari, Aviral & Devji, Shridev, 2023. "Ex-post facto analysis of cryptocurrency literature over a decade using bibliometric technique," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    4. Goodell, John W. & Oriani, Marco Ercole & Paltrinieri, Andrea & Patel, Ritesh, 2023. "The importance of ABS 2 journals in finance scholarship: Evidence from a bibliometric case study," Finance Research Letters, Elsevier, vol. 55(PA).
    5. Pana, Elisabeta, 2023. "A bibliometric review of liquidity creation," Research in International Business and Finance, Elsevier, vol. 64(C).
    6. Khan, Ashraf & Goodell, John W. & Hassan, M. Kabir & Paltrinieri, Andrea, 2022. "A bibliometric review of finance bibliometric papers," Finance Research Letters, Elsevier, vol. 47(PA).
    7. Odeh Al-Jayyousi & Evren Tok & Shereeza Mohamed Saniff & Wan Norhaniza Wan Hasan & Noora Abdulla Janahi & Abdurahman J. Yesuf, 2022. "Re-Thinking Sustainable Development within Islamic Worldviews: A Systematic Literature Review," Sustainability, MDPI, vol. 14(12), pages 1-26, June.
    8. Hassan, M. Kabir & Alshater, Muneer M. & Atayah, Osama F., 2021. "Twenty-nine years of the Journal of International Review of Economics and Finance: A scientometric overview (1992–2020)," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1106-1125.
    9. Yasmeen Ansari & Mansour Saleh Albarrak & Noorjahan Sherfudeen & Arfia Aman, 2022. "A Study of Financial Literacy of Investors—A Bibliometric Analysis," IJFS, MDPI, vol. 10(2), pages 1-16, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marwan Alzoubi & Ayman Abdalmajeed Alsmadi & Hamad kasasbeh, 2022. "Systemically Important Bank: A Bibliometric Analysis for the Period of 2002 to 2022," SAGE Open, , vol. 12(4), pages 21582440221, December.
    2. Forliano, Canio & De Bernardi, Paola & Yahiaoui, Dorra, 2021. "Entrepreneurial universities: A bibliometric analysis within the business and management domains," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    3. Yucheng Zhang & Zhiling Wang & Lin Xiao & Lijun Wang & Pei Huang, 2023. "Discovering the evolution of online reviews: A bibliometric review," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-22, December.
    4. Ying Huang & Wolfgang Glänzel & Lin Zhang, 2021. "Tracing the development of mapping knowledge domains," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 6201-6224, July.
    5. Zamani, Mehdi & Yalcin, Haydar & Naeini, Ali Bonyadi & Zeba, Gordana & Daim, Tugrul U, 2022. "Developing metrics for emerging technologies: identification and assessment," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    6. Zhen Liu & Lingfeng Ren & Chang Xiao & Ke Zhang & Peter Demian, 2022. "Virtual Reality Aided Therapy towards Health 4.0: A Two-Decade Bibliometric Analysis," IJERPH, MDPI, vol. 19(3), pages 1-26, January.
    7. Khare, Apoorv & Jain, Rajesh, 2022. "Mapping the conceptual and intellectual structure of the consumer vulnerability field: A bibliometric analysis," Journal of Business Research, Elsevier, vol. 150(C), pages 567-584.
    8. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Romero-Castro, Noelia María & Pérez-Pico, Ada María, 2020. "Innovation, entrepreneurship and knowledge in the business scientific field: Mapping the research front," Journal of Business Research, Elsevier, vol. 115(C), pages 475-485.
    9. Tuba Bircan & Almila Alkim Akdag Salah, 2022. "A Bibliometric Analysis of the Use of Artificial Intelligence Technologies for Social Sciences," Mathematics, MDPI, vol. 10(23), pages 1-17, November.
    10. Yulei Xie & Ling Ji & Beibei Zhang & Gordon Huang, 2018. "Evolution of the Scientific Literature on Input–Output Analysis: A Bibliometric Analysis of 1990–2017," Sustainability, MDPI, vol. 10(9), pages 1-17, September.
    11. Ignacio Rodríguez-Rodríguez & José-Víctor Rodríguez & Niloofar Shirvanizadeh & Andrés Ortiz & Domingo-Javier Pardo-Quiles, 2021. "Applications of Artificial Intelligence, Machine Learning, Big Data and the Internet of Things to the COVID-19 Pandemic: A Scientometric Review Using Text Mining," IJERPH, MDPI, vol. 18(16), pages 1-29, August.
    12. De Andrés Fazio, Salvador & Urquía Grande, Elena & Pérez Estébanez, Raquel, 2022. "The “secret life” of the Statement of Cash Flow: A bibliometric analysis," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    13. Ludo Waltman & Nees Jan Eck, 2012. "A new methodology for constructing a publication-level classification system of science," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 63(12), pages 2378-2392, December.
    14. Jun-Ping Qiu & Ke Dong & Hou-Qiang Yu, 2014. "Comparative study on structure and correlation among author co-occurrence networks in bibliometrics," Scientometrics, Springer;Akadémiai Kiadó, vol. 101(2), pages 1345-1360, November.
    15. Duong, Quang Huy & Zhou, Li & Meng, Meng & Nguyen, Truong Van & Ieromonachou, Petros & Nguyen, Duy Tiep, 2022. "Understanding product returns: A systematic literature review using machine learning and bibliometric analysis," International Journal of Production Economics, Elsevier, vol. 243(C).
    16. Toshiyuki Hasumi & Mei-Shiu Chiu, 2022. "Online mathematics education as bio-eco-techno process: bibliometric analysis using co-authorship and bibliographic coupling," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(8), pages 4631-4654, August.
    17. Dorsa Alipour & Hussein Dia, 2023. "A Systematic Review of the Role of Land Use, Transport, and Energy-Environment Integration in Shaping Sustainable Cities," Sustainability, MDPI, vol. 15(8), pages 1-29, April.
    18. Raghu Raman & Nava Subramaniam & Vinith Kumar Nair & Avinash Shivdas & Krishnashree Achuthan & Prema Nedungadi, 2022. "Women Entrepreneurship and Sustainable Development: Bibliometric Analysis and Emerging Research Trends," Sustainability, MDPI, vol. 14(15), pages 1-31, July.
    19. Astrid Kainzbauer & Parisa Rungruang & Philip Hallinger, 2021. "How Does Research on Sustainable Human Resource Management Contribute to Corporate Sustainability: A Document Co-Citation Analysis, 1982–2021," Sustainability, MDPI, vol. 13(21), pages 1-21, October.
    20. Ciampi, Francesco & Faraoni, Monica & Ballerini, Jacopo & Meli, Francesco, 2022. "The co-evolutionary relationship between digitalization and organizational agility: Ongoing debates, theoretical developments and future research perspectives," Technological Forecasting and Social Change, Elsevier, vol. 176(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:glofin:v:49:y:2021:i:c:s1044028321000491. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620162 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.