nep-isf New Economics Papers
on Islamic Finance
Issue of 2023‒05‒08
one paper chosen by
Ali Polat, Ankara Yıldırım Beyazıt Üniversitesi

  1. Mapping Islamic Fintech Research: A Bibliometric Analysis By Fajri, Mohammad Zen Nasrudin; bin Lahuri, Setiawan; Umam, Khoirul

  1. By: Fajri, Mohammad Zen Nasrudin; bin Lahuri, Setiawan; Umam, Khoirul
    Abstract: FinTech has currently been used by people around the world for the better transactions process. Islamic Finance Industry need to create a proper Islamic FinTech that can meet the Muslim demand. Many researches have been conducted however, they are still limited. Therefore, it is necessary to conduct further studies using comprehensive analysis tool to better develop Islamic FinTech. This study aims to discover bibliographic keywords and research flow in Islamic FinTech studies. Furthermore, it aims to suggest some directions for future researches. The data is collected from Google Scholar database using Publish or Perish, while bibliometric analysis is conducted using VOSviewer. It is revealed that blockchain, bank, application, COVID and intention are the most used keywords in researches. The existing literature is grouped into four discussions, discussions on FinTech in Islamic Finance Industry, the use of blockchain technology, the analysis of behavior of Islamic FinTech users and the model development of Islamic FinTech and its roles in economy. And based on these results, some directions for future research can be resulted. The future research can be done on the measures in addressing issues in implementing FinTech in Islamic Finance Industry, empirical analysis of the implications of successful blockchain implementation, behavioral changes of consumption in Islamic FinTech users and the effect of Islamic FinTech on Islamic Finance growth as well as macroeconomic variables.
    Date: 2022–10–19

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