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Islamic Finance in the Era of Financial Technology: A Bibliometric Review of Future Trends

Author

Listed:
  • Hanan Qudah

    (Department of Financial and Administrative Sciences, Ajloun University College, Al-Balqa Applied University, Ajloun 26166, Jordan)

  • Sari Malahim

    (Department of Financial and Administrative Sciences, Amman University College, Al-Balqa Applied University, Amman 11931, Jordan)

  • Rula Airout

    (Department of Financial and Administrative Sciences, Amman University College, Al-Balqa Applied University, Amman 11931, Jordan)

  • Mohammad Alomari

    (Finance Department, School of Management, Universiti Sains Malaysia, Gelugor 10100, Malaysia)

  • Aiman Abu Hamour

    (Department of Accounting and Accounting Information System, Amman University College, Al-Balqa Applied University, Amman 11931, Jordan)

  • Mohammad Alqudah

    (Accounting and Finance Department, Faculty of Economics and Business, University of Zaragoza, 50005 Zaragoza, Spain)

Abstract

This study focused on a current study on Islamic finance and financial technology as well as prospective topics for future research. As a bibliometric and visualization tool for the Web of Science core collection database and viewer-based literature, 918 papers dealing with Islamic finance and financial technology authored between 1999 and 2022 were analyzed. Cluster analysis, all-keyword co-occurrence analysis, and bibliographic coupling mapping are all investigated in the study. This research enables us to propose future research paths that may be useful in reflecting on the significant impact that technology will have on the growth of Islamic finance and financial technology. The survey discovered four main research trends: the first trend shown is “Financial Inclusion and Corporate Governance in Islamic Fintech”. The second trend focuses on “information technology and future financial Islamic services”. The third trend is “The Transformation of Islamic Finance: How Fintech is Changing the Game”. The fourth trend is related to “Islamic Finance: A Growing Force in the Digital Age”. This study provides a comprehensive analysis of research trends at the intersection of Islamic finance and financial technology, identifying future research directions.

Suggested Citation

  • 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.
    • Handle: RePEc:gam:jijfss:v:11:y:2023:i:2:p:76-:d:1167991
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    References listed on IDEAS

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    1. Shahnawaz Khan & Mustafa Raza Rabbani, 2021. "Artificial Intelligence and NLP -Based Chatbot for Islamic Banking and Finance," International Journal of Information Retrieval Research (IJIRR), IGI Global, vol. 11(3), pages 65-77, July.
    2. Li, Huajiao & An, Haizhong & Wang, Yue & Huang, Jiachen & Gao, Xiangyun, 2016. "Evolutionary features of academic articles co-keyword network and keywords co-occurrence network: Based on two-mode affiliation network," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 450(C), pages 657-669.
    3. Christian Haddad & Lars Hornuf, 2019. "The emergence of the global fintech market: economic and technological determinants," Small Business Economics, Springer, vol. 53(1), pages 81-105, June.
    4. Hassan, M. Kabir & Alshater, Muneer M. & Hasan, Rashedul & Bhuiyan, Abul Bashar, 2021. "Islamic microfinance: A bibliometric review," Global Finance Journal, Elsevier, vol. 49(C).
    5. Mustafa Raza Rabbani & Shahnawaz Khan & Mohammad Atif, 2023. "Machine learning-based P2P lending Islamic Fintech model for small and medium enterprises in Bahrain," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 30(4), pages 565-579.
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    Cited by:

    1. Mª Celia López-Penabad & José Manuel Maside-Sanfiz & Yousif Agha & Ana Iglesias-Casal, 2024. "Microfinance Institutions and Corporate Social Responsibility. A scientometric study," Future Business Journal, Springer, vol. 10(1), pages 1-25, December.
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    3. Hamza Alqudah & Mohammad Al-Qudah & Yazan Abu Huson & Abdalwali Lutfi & Mahmaod Alrawad & Mohammed Amin Almaiah, 2024. "A Decade of Green Economic Literature: An Analysis-Based Bibliometric," International Journal of Energy Economics and Policy, Econjournals, vol. 14(3), pages 497-511, May.

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