Governance of Islamic social finance: learnings from existing literature

IF 2.8 3区经济学 Q2 BUSINESS, FINANCE International Journal of Islamic and Middle Eastern Finance and Management Pub Date : 2024-06-27 DOI:10.1108/imefm-06-2023-0222

Rodame Monitorir Napitupulu, Raditya Sukmana, Aam Slamet Rusydiana

{"title":"Governance of Islamic social finance: learnings from existing literature","authors":"Rodame Monitorir Napitupulu, Raditya Sukmana, Aam Slamet Rusydiana","doi":"10.1108/imefm-06-2023-0222","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>This study aims to conduct a comprehensive analysis of the existing literature pertaining to the governance of Islamic social finances (ISF). The primary aim is to identify and highlight global research patterns and deliver noteworthy insights that can be gleaned by ISF institutions worldwide.</p>\n<h3>Design/methodology/approach</h3>\n<p>This study uses a hybrid approach, incorporating both bibliometric and content analysis methodologies. The authors curated a data set comprising 73 scholarly documents (articles) obtained from the Scopus database, covering the period from 2010 to 2023. The data collection process was conducted in March 2023. VOSviewer and content analysis were used to analyze the collected data.</p>\n<h3>Findings</h3>\n<p>The authors unveiled six distinct categories derived from the available literature on governance in ISF. These categories encompassed accountability, governance practice, performance, efficiency, Islamic accounting and governance awareness. Extensive deliberations have taken place regarding these six categories to enhance their prominence among ISF institutions. Furthermore, the findings of this study provided valuable directions for future research in this domain.</p>\n<h3>Research limitations/implications</h3>\n<p>The use of English articles obtained from the Scopus database in this study ensured that the selected papers were of a significant standard of excellence within the specific realm of knowledge under examination.</p>\n<h3>Practical implications</h3>\n<p>Enhancing governance practice within ISF institutions could enhance their overall performance, thereby playing a crucial role in optimizing their contributions to societal and economic contexts.</p>\n<h3>Social implications</h3>\n<p>This endeavor served as a means to enlighten numerous stakeholders regarding social finance institutions, fostering an environment of informed decision-making and effective governance that aligns with the principles of Islamic economics.</p>\n<h3>Originality/value</h3>\n<p>This study represents a pioneering bibliometric publication on the governance of ISF, providing academics with a robust basis for comprehending the evolving landscape of literature within this specific area of research.</p>","PeriodicalId":47091,"journal":{"name":"International Journal of Islamic and Middle Eastern Finance and Management","volume":"6 1","pages":""},"PeriodicalIF":2.8000,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Islamic and Middle Eastern Finance and Management","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1108/imefm-06-2023-0222","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

Abstract

Purpose

This study aims to conduct a comprehensive analysis of the existing literature pertaining to the governance of Islamic social finances (ISF). The primary aim is to identify and highlight global research patterns and deliver noteworthy insights that can be gleaned by ISF institutions worldwide.

Design/methodology/approach

This study uses a hybrid approach, incorporating both bibliometric and content analysis methodologies. The authors curated a data set comprising 73 scholarly documents (articles) obtained from the Scopus database, covering the period from 2010 to 2023. The data collection process was conducted in March 2023. VOSviewer and content analysis were used to analyze the collected data.

Findings

The authors unveiled six distinct categories derived from the available literature on governance in ISF. These categories encompassed accountability, governance practice, performance, efficiency, Islamic accounting and governance awareness. Extensive deliberations have taken place regarding these six categories to enhance their prominence among ISF institutions. Furthermore, the findings of this study provided valuable directions for future research in this domain.

Research limitations/implications

The use of English articles obtained from the Scopus database in this study ensured that the selected papers were of a significant standard of excellence within the specific realm of knowledge under examination.

Practical implications

Enhancing governance practice within ISF institutions could enhance their overall performance, thereby playing a crucial role in optimizing their contributions to societal and economic contexts.

Social implications

This endeavor served as a means to enlighten numerous stakeholders regarding social finance institutions, fostering an environment of informed decision-making and effective governance that aligns with the principles of Islamic economics.

Originality/value

This study represents a pioneering bibliometric publication on the governance of ISF, providing academics with a robust basis for comprehending the evolving landscape of literature within this specific area of research.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

伊斯兰社会融资的管理：从现有文献中汲取的经验教训

目的本研究旨在对有关伊斯兰社会融资（ISF）管理的现有文献进行全面分析。主要目的是确定和强调全球研究模式，并提出值得注意的见解，供世界各地的伊斯兰社会融资机构借鉴。设计/方法/途径本研究采用了一种混合方法，将文献计量学和内容分析法结合在一起。作者从 Scopus 数据库中收集了 73 篇学术文献（文章），涵盖 2010 年至 2023 年。数据收集过程于 2023 年 3 月进行。研究结果作者从现有的关于基础设施服务框架治理的文献中归纳出六个不同的类别。这些类别包括问责制、治理实践、绩效、效率、伊斯兰会计和治理意识。对这六个类别进行了广泛的讨论，以提高它们在伊斯兰学生资助机构中的重要性。此外，本研究的结果还为这一领域的未来研究提供了宝贵的方向。研究限制/影响本研究使用 Scopus 数据库中的英文文章，确保了所选论文在所研究的特定知识领域内具有相当高的水准。实际意义加强伊斯兰服务基金机构的治理实践可以提高其整体绩效，从而在优化其对社会和经济环境的贡献方面发挥关键作用。社会意义这项工作为众多利益相关者提供了有关社会融资机构的启迪，营造了一个符合伊斯兰经济学原则的知情决策和有效治理的环境。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

International Journal of Islamic and Middle Eastern Finance and Management Multiple-

CiteScore

5.40

自引率

10.00%

发文量

期刊介绍： The International Journal of Islamic and Middle Eastern Finance and Management (IMEFM) publishes quality and in-depth analysis on current issues within Islamic and Middle Eastern finance and management. The journal welcomes strong evidence-based empirical studies and results-focused case studies that share research in product development and clarify best practices. The title is also keen to consider work from emerging authors. IMEFM has just also accepted into Clarivate''s SSCI in 2018, and its IF will be available in summer 2019, with citations dating from 2016. The coverage includes but is not limited to: -Islamic finance: Fundamentals, trends and opportunities in Islamic Finance, Islamic banking and financial markets, Risk management, Corporate finance, Investment strategy, Islamic social finance, Financial planning, Housing finance, Legal and regulatory issues, -Islamic management: Corporate governance, Customer relationship management and service quality, Business ethics and corporate social responsibility, Management styles and strategies in Shariah environments, Labour and welfare economics, Political economy. The journal is the only title aiming to give an interdisciplinary and holistic view on Islamic finance and business management practices in order to inform these two intertwined communities.