A bibliometric review of sukuk literature

Abstract

Sukuk (Islamic bonds) are one of the Islamic finance sectors that have experienced the fastest growth during the last decade. Using a quali-quantitative approach known as meta-literature review, the aim of this paper is to survey the sukuk literature over the period 1950–2018. In total we review and analyze 80 papers through bibliometric citation analysis (using HistCite and VOSviewer software) coupled with content analysis. We show the influential aspects of the literature, such as countries, institutions, journals, authors, articles and topics. We also present the co-authorship network and identify three research streams: (1) sukuk overview and growth, (2) sukuk and finance theories, (3) sukuk and stock market behavior. Through the review and analysis of the published research on sukuk, we finally provide 11 future research questions in order to extend the research on this topic.