Shariah auditing: analyzing the past to prepare for the future

Abstract

Purpose

This study aims to present a detailed investigation of Shariah audit research based on a systematic literature review.

Design/methodology/approach

A total of 53 studies were collected from the Scopus and Web of Science databases following a systematic methodology. These studies were analyzed and evaluated based on the theoretical perspective, geographical distribution, research settings and themes background.

Findings

The findings indicate an increase in the literature on Shariah auditing over time, especially in the Malaysian context, with a dearth of research in other contexts and institutions (Takaful). It has been also revealed that the existing literature is still unclear about the effectiveness and consequences of effective Shariah auditing, pointing the need for more work on these areas. The authors outline opportunities for future Shariah auditing research.

Originality/value

The synthesized findings are helpful for policymakers and managers to understand better how research in Shariah auditing is developing and how to translate research findings into practice. To the best of the authors’ knowledge, this is the first research to comprehensively synthesize the literature on this topic and identify the potential opportunities for future research directions.

Citation

Khatib, S.F.A., Abdullah, D.F., Al Amosh, H., Bazhair, A.H. and Kabara, A.S. (2022), "Shariah auditing: analyzing the past to prepare for the future", Journal of Islamic Accounting and Business Research, Vol. 13 No. 5, pp. 791-818. https://doi.org/10.1108/JIABR-11-2021-0291