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Islamicity indices: an extensive systematic literature review

Bashayer Merdef AlQashouti (Department of Finance, Hamad Bin Khalifa University, Doha, Qatar)
Nasim Shah Shirazi (Department of Islamic Economics and Finance, College of Islamic Studies, Hamad Bin Khalifa University, Doha, Qatar)

Journal of Islamic Accounting and Business Research

ISSN: 1759-0817

Article publication date: 28 April 2023

Issue publication date: 6 February 2024

252

Abstract

Purpose

The purpose of this paper is to conduct a systematic literature review of research conducted in the economic Islamicity (EI) index field, in terms of non-Islamic countries.

Design/methodology/approach

This study thoroughly assessed the literature on the EI index by conducting extensive systematic literature reviews.

Findings

The critical analysis of these indices shows the need for amendments, which can be achieved by improving the Islamicity index seen in non-Islamic countries. This step will help validate the Islamicity index assessment and help Islamic countries develop and strengthen Islamic economic values.

Originality/value

As the first comprehensive literature review in the Islamicity indices domain to the best of the authors’ knowledge, this research may contribute for Islamic country to increase the Islamicity index in terms of economic issue for future research themes.

Keywords

Acknowledgements

This study did not receive any external funding.

Ethics statement: Not applicable for this study.

Citation

AlQashouti, B.M. and Shirazi, N.S. (2024), "Islamicity indices: an extensive systematic literature review", Journal of Islamic Accounting and Business Research, Vol. 15 No. 2, pp. 327-341. https://doi.org/10.1108/JIABR-06-2022-0158

Publisher

:

Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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