Congruity or dispel? A segmented bibliometric analysis of Sukuk structures
International Journal of Islamic and Middle Eastern Finance and Management
ISSN: 1753-8394
Article publication date: 29 June 2022
Issue publication date: 17 March 2023
Abstract
Purpose
This study aims to explain the Sukuk structures individually by highlighting the key differences and commonalities in their influential aspects. It also compares the core aspects of Sukuk literature with conventional bonds and suggests the point of differences between them.
Design/methodology/approach
This study uses a quali-quantitative approach with the help of segmented bibliometric analysis to describe core differences and commonalities in various Sukuk structures in terms of core authors, countries, sources, affiliation, documents and keywords. In addition, it deploys “biblioshiny” from R-package “bibliometrix 3.0” to identify key influential aspects of different Sukuk instruments.
Findings
Results reported that Malaysia is the core contributing country in Sukuk publications and the center of author correspondence. There is a structural difference among various Sukuk instruments. The significant literature commonalities in Ijarah, Mudarabah, Musharakah and Murabahah Sukuk affiliations and globally cited journal articles are also found. However, the influential aspects of Sukuk compared with conventional bonds are different from other Sukuk literature. It also conducted a keyword analysis to report significant themes in the literature.
Originality/value
This study contributes to the existing body of knowledge as it helps investors to understand the shariah permissibility and investment supremacy of various Sukuk alternatives. Investors, policymakers, scholars and researchers should understand the dynamics of multiple Sukuk structures and their Shari’ah permissibility. This study significantly elaborates on this objective.
Keywords
Citation
Nasir, A., Farooq, U., Khan, K.I. and Khan, A.A. (2023), "Congruity or dispel? A segmented bibliometric analysis of Sukuk structures", International Journal of Islamic and Middle Eastern Finance and Management, Vol. 16 No. 2, pp. 343-365. https://doi.org/10.1108/IMEFM-07-2021-0282
Publisher
:Emerald Publishing Limited
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