Islamic Green Finance and Corporate Governance: A Comprehensive Literature Review and Research Agenda

Islamic green finance (IGF), rooted in Maqasid al-Shari’ah principles, has emerged as a critical mechanism for aligning ethical financial practices with environmental sustainability and corporate governance (CG) imperatives. However, despite its potential to contribute significantly to the Sustainable Development Goals (SDGs), the intersection of IGF and CG remains underexplored, particularly in terms of integrated frameworks, empirical validation, and cross jurisdictional applicability. This study addresses this gap by systematically analyzing the research landscape using Scopus AI analytics to map the conceptual foundations, identify key topic experts, and highlight emerging themes in the field. The primary aim is to develop a comprehensive literature review and propose a forward looking research agenda that strengthens the theoretical and practical linkages between IGF and CG. The analysis on 15 August 2025. The dataset was examined through summary and expanded summaries, concept maps, topic expert profiling, and thematic clustering to extract consistent, rising, and novel themes. Findings reveal three consistent themes Sharia governance in Islamic banks’ performance, Islamic sustainable finance through green sukuk, and corporate governance ESG integration alongside rising themes in IGF SDG alignment and legal frameworks for green finance. Notably, robust Sharia governance and diversified supervisory boards enhance both financial performance and sustainability outcomes. Theoretically, this study advances stakeholder and agency theories by embedding Islamic ethical dimensions. Practically, it provides policy insights for regulators, financial institutions, and investors to strengthen governance mechanisms and expand Shariah compliant green instruments. Limitations include the reliance on Scopus indexed, predominantly English language sources, underscoring the need for multilingual and empirical research in future studies.