IDEAS home Printed from https://ideas.repec.org/a/spr/digfin/v7y2025i4d10.1007_s42521-025-00142-7.html
   My bibliography  Save this article

Advancing sustainability through financial inclusion and sustainable finance: a systematic literature review

Author

Listed:
  • Asep Yusup Mamun

    (University of Debrecen)

  • Várallyai László

    (University of Debrecen)

Abstract

This study conducts a systematic literature review to examine the nexus between financial inclusion and sustainable finance, with a particular emphasis on emerging risks in the digital financial ecosystem. Employing the PRISMA methodology and bibliographic network analysis techniques, including citation network analysis and co-occurrence network of keywords, the review synthesises insights from 54 peer-reviewed publications indexed in Scopus. The findings reveal that financial inclusion significantly advances sustainability by enhancing access to financial services for underserved populations and promoting equitable economic participation. Digital innovations such as fintech, blockchain, and artificial intelligence are shown to facilitate this process, yet they concurrently introduce vulnerabilities, including cybercrime, fraud, and regulatory fragmentation. Islamic finance models, characterised by ethical and transparent financial practises, offer promising solutions for inclusive and secure financial systems. Two thematic clusters are identified: one centred on inclusive and ethical finance and the other on digital innovation in green and sustainable finance. The study underscores the need for integrated strategies that balance accessibility, technological advancement, and risk mitigation. Whilst the exclusive use of the Scopus database represents a limitation, this review contributes to a deeper understanding of how secure, inclusive, and sustainable digital financial systems can support global development goals.

Suggested Citation

  • Asep Yusup Mamun & Várallyai László, 2025. "Advancing sustainability through financial inclusion and sustainable finance: a systematic literature review," Digital Finance, Springer, vol. 7(4), pages 853-870, December.
    • Handle: RePEc:spr:digfin:v:7:y:2025:i:4:d:10.1007_s42521-025-00142-7
    DOI: 10.1007/s42521-025-00142-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s42521-025-00142-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s42521-025-00142-7?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

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    Statistics

    Access and download statistics

    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:spr:digfin:v:7:y:2025:i:4:d:10.1007_s42521-025-00142-7. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.