The purpose of this study is to conduct a systematic content review and bibliometric analysis of the current research trends, core concepts and knowledge mapping on the topic…
Abstract
Purpose
The purpose of this study is to conduct a systematic content review and bibliometric analysis of the current research trends, core concepts and knowledge mapping on the topic Islamic Banking and Finance (IBF) during Covid-19. Apart from highlighting the contributions of prolific authors, prominent institutions and countries, a comprehensive review of a significant number of documents using co-citation and co-word analysis is carried out for the science mapping.
Design/methodology/approach
A data set of 125 papers was collected published in Scopus database during the period December, 2019 and January 5th, 2023. Yearly publications, most-cited papers and authors, active sources, affiliations and countries are highlighted with descriptive analysis. Knowledge structure of the topic was mapped with investigating the social, intellectual and conceptual structures of IBF research. Content analysis is carried out to uncover the underlying research clusters that shape the scientific knowledge structure of studies.
Findings
A diverse group of authors and institutions contribute to the growing body of knowledge on the topic. IBF is adopting new paradigms and frameworks to integrate FinTech, crowd funding and Islamic social finance to provide sustainable solutions in both crisis and normal periods. The research on IBF is classified in to three themes: “financial markets in Covid-19,” “modeling risk and market regimes” and “FinTech and Islamic social finance.”
Research limitations/implications
This study collects data only from Scopus database. Future studies must include research articles from other databases such as, Web of Sciences.
Originality/value
This study highlights research gaps in the existing literature and provides directions for future research.
Details
Keywords
Literature has pointed that conventional financial development theories have inconclusive role on motivating new businesses. New ventures often consider the conventional system…
Abstract
Purpose
Literature has pointed that conventional financial development theories have inconclusive role on motivating new businesses. New ventures often consider the conventional system that passes through risk and provides fixed-interest lending as a burden. Comparatively, Islamic finance contributes using participative and equitable substitute for startups and has a potential in promoting new businesses. This study aims to investigate the holistic financial development index quadratic effect on entrepreneurship and include the moderating role of Islamic financing at national level.
Design/methodology/approach
Islamic banks of 21 nations constitute the unbalanced panel data. Financial development and entrepreneurship indices were developed using factor analysis and panel median regression to estimate the nonlinear financial market development effects and Islamic financing moderation model.
Findings
The results indicated that low financial market development is entrepreneurship deterring because of interest burden effect, which could be eased with a proportional increase in the Islamic financing, which is participative. The moderating effect has led to the categorization of the sample countries into entrepreneurship promoting and entrepreneurship discouraging with respect to the current incidence of financial market development and Islamic financing, which can help policymakers in understanding the entrepreneurship promoting combination of financial development and Islamic financing.
Research limitations/implications
Central banks and Shari’ah advisory councils can adopt Islamic financing transition in the national financial inclusion policy for new business facilitation.
Originality/value
This study is instrumental in exploring the assessment of introducing Islamic financing while developing the financial sector on multidimensional entrepreneurship.
Details
Keywords
Soliha Sanusi, Rozana Saedon, Aliyu Dahiru Muhammad, Hafizah Omar Zaki and Aziatul Waznah Ghazali
This study aims to examine the determinants of cash waqf contributions among Malaysian millennials through digital platforms.
Abstract
Purpose
This study aims to examine the determinants of cash waqf contributions among Malaysian millennials through digital platforms.
Design/methodology/approach
The present study employed the Technology Acceptance Model with 328 respondents from Malaysia. A self-administrative questionnaire was developed and distributed using both online and physical survey methods. Partial least squares analysis was performed on the data using the Smart PLS 4.0 modeling package.
Findings
The results show that attitude, digital literacy, ease of use and waqf knowledge influenced Malaysian millennials to make cash contributions through digital platforms. However, trust in waqf institutions and waqf usefulness factors did not significantly affect Malaysian millennials’ decision to contribute cash waqf.
Research limitations/implications
The research findings have significant theoretical and practical ramifications for applying the Technology Acceptance Model and attracting millennials to contribute cash waqf.
Originality/value
The study adds new value to the literature. The focus of this study, which targets units of analysis among millennials, has received very little attention in the literature related to cash waqf in digital platforms.