IDEAS home Printed from https://ideas.repec.org/a/uii/jrisfe/v3y2024i2p184-198id35469.html
   My bibliography  Save this article

A Bibliometric analysis of green sukuk literature

Author

Listed:
  • Syamsi Mustofa Singgih Prayogo

  • Aji Raditya

  • Adel Sarea

Abstract

Purpose – The objective of this study is to provide a comprehensive analysis of the current body of literature on green sukuk.Methodology – To achieve this objective, this study uses a bibliometric analysis and visualization and mapping of green sukuk research from to 2015-2023. The process of retrieving data through the Scopus database with the keywords "green sukuk" OR "global green sukuk" OR "retail green sukuk" OR "project based green sukuk.” Findings – The findings included the identification of the most pertinent journals, highly cited articles, prominent authors, nations with prolific publishing in green sukuk, top research affiliations, and journal quality. The study also highlights the fundamental factors that contribute to the emergence of green sukuk, such as the incorporation of Islamic finance principles, adherence to green bond standards, emphasis on sustainability, implementation of environmental, social, and governance (ESG) principles, and the desire of investors to buy such instruments. Implications – This study examines the effects of government policies on the issuance of green sukuk to support all 2030 Sustainable Development Goals (SDGs) programs, particularly in mitigating and preventing the negative effects of climate change. Furthermore, it examines the potential consequences for future studies, as other scholars can use the discoveries of this analysis to investigate new research prospects concerning the correlation between green sukuk and sustainable development goals (SDGs).Originality – The analysis provides insights into the evolution of green sukuk, identifies gaps in current research, and highlights emerging areas of interest.

Suggested Citation

  • Syamsi Mustofa Singgih Prayogo & Aji Raditya & Adel Sarea, 2024. "A Bibliometric analysis of green sukuk literature," Review of Islamic Social Finance and Entrepreneurship, Center for Islamic Economics and Development Studies [P3EI], vol. 3(2), pages 184-198.
    • Handle: RePEc:uii:jrisfe:v:3:y:2024:i:2:p:184-198:id:35469
    as

    Download full text from publisher

    File URL: https://journal.uii.ac.id/RISFE/article/view/35469
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yudi Ahmad Faisal & Indra Gunawan & Cupian & Amelia Hayati & Ardi Apriliadi & Muhammad Fajri, 2023. "Examining the Purchase Intentions of Indonesian Investors for Green Sukuk," Sustainability, MDPI, vol. 15(9), pages 1-12, April.
    2. Paresh Kumar Narayan & Syed Aun R. Rizvi & Ali Sakti, 2022. "Did green debt instruments aid diversification during the COVID-19 pandemic?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-15, December.
    3. M. Kabir Hassan & Mervyn K. Lewis (ed.), 2007. "Handbook of Islamic Banking," Books, Edward Elgar Publishing, number 3621, June.
    4. Mohammad Syafiq Abdullah & J. S. Keshminder, 2022. "What drives green sukuk? A leader’s perspective," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 12(3), pages 985-1005, July.
    5. 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.
    6. Chang-Jing Ji & Xiao-Yi Li & Yu-Jie Hu & Xiang-Yu Wang & Bao-Jun Tang, 2019. "Research on carbon price in emissions trading scheme: a bibliometric analysis," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 99(3), pages 1381-1396, December.
    Full references (including those not matched with items on IDEAS)

    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. Hassan Belkacem Ghassan & Abdelkrim Ahmed Guendouz, 2019. "Panel modeling of z-score: evidence from Islamic and conventional Saudi banks," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 12(3), pages 448-468, July.
    2. Emre Arat & Britta Hachenberg & Florian Kiesel & Dirk Schiereck, 2023. "Greenium, credit rating, and the COVID-19 pandemic," Journal of Asset Management, Palgrave Macmillan, vol. 24(7), pages 547-557, December.
    3. Abdelsalam, Omneya & Elnahass, Marwa & Ahmed, Habib & Williams, Julian, 2022. "Asset securitizations and bank stability: Evidence from different banking systems," Global Finance Journal, Elsevier, vol. 51(C).
    4. Shahida Saheb Shaiku, 2025. "Perceptions and motivating elements of bank customers for adoption of interest-free banking services: commercial bank of Ethiopia case," Future Business Journal, Springer, vol. 11(1), pages 1-22, December.
    5. Yu-Wei Chang & Mu-Hsuan Huang & Chiao-Wen Lin, 2015. "Evolution of research subjects in library and information science based on keyword, bibliographical coupling, and co-citation analyses," Scientometrics, Springer;Akadémiai Kiadó, vol. 105(3), pages 2071-2087, December.
    6. Ashraf, Dawood & Mohammad, Nazeeruddin, 2014. "Matching perception with the reality—Performance of Islamic equity investments," Pacific-Basin Finance Journal, Elsevier, vol. 28(C), pages 175-189.
    7. Mesbahi Moghadam , Gholamreza & Asadi , Gholamhosein & Sajadi , Seyed Ali, 2015. "Conceptual Model of Islamic Commercial Paper for Banks and Credit Institutions on the Basis of Murabaha Sukuk," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 10(3), pages 73-85, July.
    8. Ashraf, Dawood & Khawaja, Mohsin, 2016. "Does the Shariah screening process matter? Evidence from Shariah compliant portfolios," Journal of Economic Behavior & Organization, Elsevier, vol. 132(S), pages 77-92.
    9. Duqi, Andi & Jaafar, Aziz & Warsame, Mohammed H., 2020. "Payout policy and ownership structure: The case of Islamic and conventional banks," The British Accounting Review, Elsevier, vol. 52(1).
    10. Hakan Saraç, 2024. "Bibliometric Analysis of Publications on the Digital Nomad with VOSviewer," Journal of Social Policy Conferences, Istanbul University, Faculty of Economics, issue 87, pages 58-68, December.
    11. Faaza Fakhrunnas & Rindang Nuri Isnaini Nugrohowati & Razali Haron & MB Hendrie Anto, 2023. "The Asymmetric Relationship Between Macroeconomic Determinants And Nonperforming Loans: Evidence From The Banking Industry Of Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 26(1), pages 145-174, March.
    12. Muhammad Zeeshan Asif, 2022. "The Significance Of Corporate Governance In Islamic Banking: Enhancing Accountability And Performance," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 11(4), pages 25-32.
    13. Neifar, Malika, 2020. "Different dimensions Bank performance comparisons IBs vs CBs – Quatar case," MPRA Paper 101375, University Library of Munich, Germany.
    14. Hassan B. Ghassan & Stefano Fachin, 2016. "Time series analysis of financial stability of banks: Evidence from Saudi Arabia," Review of Financial Economics, John Wiley & Sons, vol. 31(1), pages 3-17, November.
    15. Uddin, Godwin & Ashogbon, Festus & Martins, Bolaji & Momoh, Omowumi & Agbonrofo, Hope & Alika, Samson & Oserei, Kingsley, 2021. "The banking sector and national economy," MPRA Paper 105485, University Library of Munich, Germany.
    16. Blanca De-Miguel-Molina & Scott W. Cunningham & Fernando Palop, 2017. "Analyzing Funding Patterns and Their Evolution in Two Medical Research Topics," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(02), pages 1-39, April.
    17. Diaw, Abdou & Bacha, Obiyathulla Ismath & Lahsasna, Ahcene, 2011. "Public Sector Funding and Debt Management: A Case for GDP-Linked Sukuk," MPRA Paper 46008, University Library of Munich, Germany, revised 2011.
    18. Sami Ben Naceur & Adolfo Barajas & Alexander Massara, 2017. "Can Islamic banking increase financial inclusion?," Chapters, in: M. Kabir Hassan (ed.), Handbook of Empirical Research on Islam and Economic Life, chapter 9, pages 213-252, Edward Elgar Publishing.
    19. Wahida Ahmad & David Prentice, 2023. "How Large Are Productivity Differences Between Islamic And Conventional Banks?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 68(05), pages 1651-1670, September.
    20. Azad, A.S.M.S. & Azmat, Saad & Chazi, Abdelaziz & Ahsan, Amirul, 2018. "Sailing with the non-conventional stocks when there is no place to hide," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 57(C), pages 1-16.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    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:uii:jrisfe:v:3:y:2024:i:2:p:184-198:id:35469. 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: Deni Eko Saputro (email available below). General contact details of provider: https://journal.uii.ac.id/RISFE/ .

    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.