Literature Synthesis and Structure of the Research Field in Islamic Economics and Finance

Synthèse de la Littérature et Structuration du Champ de Recherche en Économie et Finance Islamiques

Ezzedine Ghlamallah ()
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Ezzedine Ghlamallah: CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon

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Abstract: Since the beginning of the 21st century, there has been a significant acceleration in research on Islamic economics and finance. This progression presents challenges in terms of understanding the directions in which research is developing and identifying the main themes of the field. The originality of this article lies in the fact that it is based both on ancient founding texts, such as those of Ibn Rochd (1179) and Ibn Khaldun (1377), and on a study of the most recent publications in Islamic economics and finance (1971-2022). After analyzing and synthesizing the literature, we identified 30 sub-themes that constitute the current synthesis of research in Islamic economics and finance. We have chosen to structure these 30 sub-themes and group them into five themes: Islamic economics, governance and Sharī'ah compliance, Islamic finance, Takāful and philanthropic finance, and behavioural studies and marketing. The contribution of this article can, therefore, be summarized as providing a synthesis of the literature as well as a structuring of the field of research in Islamic economics and finance, and also indirectly allowing us to uncover sub-themes not covered. We identify three challenges currently facing research in Islamic economics and finance: the lack of data available to support empirical studies, the insufficient development of Islamic economics, which has lagged far behind the development of Islamic finance, and the visibility of research in Islamic economics and finance.

Keywords: Takaful; Waqf; Zakah; économie islamique; finance islamique (search for similar items in EconPapers)
Date: 2024-01-13
Note: View the original document on HAL open archive server: https://hal.science/hal-04396474v1
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Published in Journal of Islamic Economics, 2024, 4 (1), pp.19-40. ⟨10.55237/jie.1295653⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04396474

DOI: 10.55237/jie.1295653

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