Fintech in islamic finance literature: A review
This study reviews Islamic FinTech research development from 2017 to 2022. The study adopts a hybrid approach combining bibliometric and content analysis to reveal the current research trend of Islamic FinTech research. Using the Scopus database, we retrieve 85 documents and analyze them using RStud...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-09-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844022016735 |
| _version_ | 1818028712373780480 |
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| author | Muneer M. Alshater Irum Saba Indri Supriani Mustafa Raza Rabbani |
| author_facet | Muneer M. Alshater Irum Saba Indri Supriani Mustafa Raza Rabbani |
| author_sort | Muneer M. Alshater |
| collection | DOAJ |
| description | This study reviews Islamic FinTech research development from 2017 to 2022. The study adopts a hybrid approach combining bibliometric and content analysis to reveal the current research trend of Islamic FinTech research. Using the Scopus database, we retrieve 85 documents and analyze them using RStudio and VOSviewer. The content analysis categorizes the research output in Islamic FinTech into four distinct streams. The study finds potential for cointegrating FinTech into Islamic finance to benefit the unbanked and small-medium-size businesses, the adoption of FinTech in Islamic finance will also help the government improve financial inclusion, conquer financial crises, such as COVID-19, and achieve SDGs for a sustainable nation. However, the lack of legal regulation and the lower financial literacy becomes the primary obstacle to the development of FinTech in Islamic finance. |
| first_indexed | 2024-12-10T05:08:09Z |
| format | Article |
| id | doaj.art-2cee6d20b161458093351ea02a8571ce |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-12-10T05:08:09Z |
| publishDate | 2022-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-2cee6d20b161458093351ea02a8571ce2022-12-22T02:01:10ZengElsevierHeliyon2405-84402022-09-0189e10385Fintech in islamic finance literature: A reviewMuneer M. Alshater0Irum Saba1Indri Supriani2Mustafa Raza Rabbani3Faculty of Business, Philadelphia University, Amman, Jordan; Corresponding author.Institute of Business Administration, Karachi, PakistanDepartment of Economics, Faculty of Economics and Business, Universitas Brawijaya, IndonesiaDepartment of Economic and Finance, College of Business Administration, University of Bahrain, Zallaq, BahrainThis study reviews Islamic FinTech research development from 2017 to 2022. The study adopts a hybrid approach combining bibliometric and content analysis to reveal the current research trend of Islamic FinTech research. Using the Scopus database, we retrieve 85 documents and analyze them using RStudio and VOSviewer. The content analysis categorizes the research output in Islamic FinTech into four distinct streams. The study finds potential for cointegrating FinTech into Islamic finance to benefit the unbanked and small-medium-size businesses, the adoption of FinTech in Islamic finance will also help the government improve financial inclusion, conquer financial crises, such as COVID-19, and achieve SDGs for a sustainable nation. However, the lack of legal regulation and the lower financial literacy becomes the primary obstacle to the development of FinTech in Islamic finance.http://www.sciencedirect.com/science/article/pii/S2405844022016735Islamic FinTechCrowdfundingPaymentsBlockchainCryptocurrencyP2P lending |
| spellingShingle | Muneer M. Alshater Irum Saba Indri Supriani Mustafa Raza Rabbani Fintech in islamic finance literature: A review Heliyon Islamic FinTech Crowdfunding Payments Blockchain Cryptocurrency P2P lending |
| title | Fintech in islamic finance literature: A review |
| title_full | Fintech in islamic finance literature: A review |
| title_fullStr | Fintech in islamic finance literature: A review |
| title_full_unstemmed | Fintech in islamic finance literature: A review |
| title_short | Fintech in islamic finance literature: A review |
| title_sort | fintech in islamic finance literature a review |
| topic | Islamic FinTech Crowdfunding Payments Blockchain Cryptocurrency P2P lending |
| url | http://www.sciencedirect.com/science/article/pii/S2405844022016735 |
| work_keys_str_mv | AT muneermalshater fintechinislamicfinanceliteratureareview AT irumsaba fintechinislamicfinanceliteratureareview AT indrisupriani fintechinislamicfinanceliteratureareview AT mustafarazarabbani fintechinislamicfinanceliteratureareview |