The Potential of Islamic Mutual Funds: Research Stream and Future Direction

Document Type : Research Paper

Authors

1 Department of Sharia Economic Law, Universitas Muhammadiyah Surakarta, Indonesia

2 Human Resources & School of Management Studies, Jawaharlal Nehru Technological University Hyderabad, India

Abstract

This article analyzes the significant scholarly research trends in Islamic Mutual Funds elements to define the position, role, and functions, particularly in business, management, and accounting; social science; and environmental science. This study concentrates on order to accomplish this Islamic mutual funds, examines articles on Islamic mutual funds in the Scopus database, encompassing the years 1925 to 2022, the geographic localization of research networks, the most frequently cited authors, and their standing in the scientific community are all determined. The authors used a variety of methodologies for conducting a literature review, including a co-authorship analysis, bibliometric citation and co-citation analysis, and a study of the most cited works. We also provide five additional queries regarding the analyses' findings in Islamic mutual funds, which have yet to be studied before and may impact Islamic mutual funds research. Such as finding Islamic microfinance, Islamic funds, financial markets, Islamic financing, and risk management are potential areas for further study. Adopting the Scopus database as the single authoritative source and the most reliable citation index for all academic and scientific research worldwide is a drawback. Additional research might broaden the categories of studied units, include more keywords, and incorporate other databases, such as WoS. This article can be an example for future researchers and policymakers in Islamic mutual funds.

Keywords

Iranian Economic Review

Articles in Press, Accepted Manuscript
Available Online from 15 May 2023

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