Developments in Islamic finance literature : evidence from specialized Journals
Other Title(s)
التطورات في أدبيات التمويل الإسلامي : أدلة من دوريات متخصصة
Joint Authors
Source
Journal of King Abdulaziz University : Islamic Economics
Issue
Vol. 33, Issue 2 (31 Jul. 2020), pp.3-23, 21 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2020-07-31
Country of Publication
Saudi Arabia
No. of Pages
21
Main Subjects
Abstract EN
-This study documents the literary developments and classifies the literature in the area of Islamic Financial Services Industry (IFSI).
Our findings are based on articles published in selected Islamic finance specialized journals for six years (2012-2017).
Classification is based on multiple factors including subject/specialization areas, country of origin and publications, research methodology, and yearly progress in investigations.
Findings suggest that the majority of publications are in the area of general Islamic finance and follow qualitative research methodology.
Malaysia and Pakistan were found to be the most significant contributors to the literature.
Although the results of empirical studies are mixed, however, the majority favor resilience of IFSI to the global financial crisis (GFC).
The potential role of IFSI in poverty alleviation and corporate social responsibility (CSR) has also been highlighted.
Demand for IFSI with quality services exists.
The literature highlights the lack of Islamic financial literacy and skepticism about Sharīʿah compliance in practice.
Need for regulatory framework and application of Islamic accounting is documented.
Future research needs to focus on an objective assessment of IFSI in the light of Islamic finance objectives.
Also, further investigations are needed to highlight the social role of IFSI – with a focus on CSR, zakāh, waqf and microfinance.
Additionally, certain specialized areas including accounting, management, and corporate governance need more attention in future researches.
American Psychological Association (APA)
Hanif, Muhammad& Zafar, Kiran. 2020. Developments in Islamic finance literature : evidence from specialized Journals. Journal of King Abdulaziz University : Islamic Economics،Vol. 33, no. 2, pp.3-23.
https://search.emarefa.net/detail/BIM-1279224
Modern Language Association (MLA)
Hanif, Muhammad& Zafar, Kiran. Developments in Islamic finance literature : evidence from specialized Journals. Journal of King Abdulaziz University : Islamic Economics Vol. 33, no. 2 (Jul. 2020), pp.3-23.
https://search.emarefa.net/detail/BIM-1279224
American Medical Association (AMA)
Hanif, Muhammad& Zafar, Kiran. Developments in Islamic finance literature : evidence from specialized Journals. Journal of King Abdulaziz University : Islamic Economics. 2020. Vol. 33, no. 2, pp.3-23.
https://search.emarefa.net/detail/BIM-1279224
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 16-21
Record ID
BIM-1279224