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The metamorphosis of the Islamic political economy publications (1980-2021) – a bibliometric analysis

Mohamad Handi Khalifah (Department of Islamic Economics and Finance, Sakarya University, Serdivan, Turkey)
Fatih Savaşan (Department of Finance, Faculty of Political Sciences, Sakarya University, Serdivan, Turkey)
Naimat U. Khan (Institute of Management Studies, University of Peshawar, Peshawar, Pakistan)
Shabeer Khan (Department of Islamic Economics and Finance, Sakarya University, Serdivan, Turkey)

Qualitative Research in Financial Markets

ISSN: 1755-4179

Article publication date: 14 September 2023

Issue publication date: 10 April 2024

165

Abstract

Purpose

This paper aims to trace the contours of Islamic political economy (IPE) for last four decades with the help of bibliometric analysis. This method does not focus on in-depth literature. However, it reviews more material content of the published papers in the field, generally including the number of publications, authors, title, H-Index and authors’ affiliation.

Design/methodology/approach

The authors use biblioshiny by R in conducting bibliometric analysis. Based on the results of analysis, the authors only found 39 relevant documents to the topic with the help of keyword of “Islamic political economy”. The authors analyse the data and visualize it into bibliometric images for the convenience of the readers.

Findings

There are 39 documents on IPE in the annual scientific production. The year 1980 had the lowest productivity at 3% while the year 2007 showed an increase in scientific productivity by 13%. The most significant increase in production occurred between 2014 and 2015 by 8%, while the most significant decline occurred between 2007 and 2008 by 10%. The most significant contributors are Akan, T., Choudhury, M.A. and Asutay, M. According to the Corresponding Author’s Country, the UK has eight articles on IPE. Humanomics is the most influential Journal, with six documents.

Research limitations/implications

This research only examines documents sourced from Web of Science and Scopus under the title “Islamic political economy” and does not include articles from other sources. This research has implications for future researchers and suggests a shift in recent research on IPE towards exploring current realities and expanding beyond traditional economic and political aspects. The goal is to gain a comprehensive understanding of Islam’s role in shaping economic and political systems, promoting inclusive sustainable development and social justice, and exploring its relationship with broader political and economic systems.

Originality/value

IPE has become a trendy topic in the early days, the second half of the 20th century, during the revival of the Islamic mode of finance and development. However, with time, the discussion on this topic appeared less in scientific and academic publications; this issue needs an overview of how far this discipline has evolved. This work aims to identify future research trends in this area. Scholars should investigate articles by author, institution, country, databases, data sources with high-impact factors and objective metrics to get new perspectives.

Keywords

Acknowledgements

Since acceptance of this article, the following authors have updated their affiliations: Fatih Savaşan is now at the Ankara Haci Bayram Veli University, Department of Public Finance, Besevler, Ankara (fatih.savasan@hbv.edu.tr); Naimat U. Khan is at Cardiff School of Management, Cardiff Metropolitan University, Cardiff, UK (nukhan@cardiffmet.ac.uk); Shabeer Khan is at College of Business Administration, Al Yamamah University, Riyadh, Saudi Arabia (sh_khan@yu.edu.sa). The authors express their gratitude to Dr Shafi Ullah Jan from CEIF, Peshawar Pakistan, for his invaluable comments on the draft. One of the authors of the paper was a student in the “Islamic Political Economy” module, which was taught by Dr Jan during his PhD studies. The module played a role in shaping the paper. The authors acknowledge the use of ChatGPT for grammar checking.

Citation

Khalifah, M.H., Savaşan, F., Khan, N.U. and Khan, S. (2024), "The metamorphosis of the Islamic political economy publications (1980-2021) – a bibliometric analysis", Qualitative Research in Financial Markets, Vol. 16 No. 3, pp. 527-547. https://doi.org/10.1108/QRFM-08-2022-0126

Publisher

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Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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