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Islamic Finance and Banking Studies

Islamic Finance and Banking Studies is a research topic within Accounting. Science Explorer counts 69k research works in it since 1950. 9.9% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores various aspects of Islamic banking and finance, including its business model, efficiency, stability, risk management, ethical identity, corporate governance, customer preferences, and performance analysis. The literature also delves into the impact of the global financial crisis on Islamic and conventional banks. It provides insights into the differences and similarities between Islamic and conventional banking systems, as well as the role of Islamic banking in economic growth.

  • Islamic Banking
  • Finance
  • Ethical Identity
  • Corporate Governance
  • Risk Management
  • Shariah Supervision
  • Financial Stability
  • Customer Preference
  • Performance Analysis
  • Global Financial Crisis
Research works
69k
fractional, since 1950
In the world top 10%
6.9k
per year above
Top-10% rate
9.9%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
+39%
the tick is no change
Largest producer
Indonesia
58% of the 10 largest, 2022-now
Islamic Finance and Banking Studies

Which countries lead Islamic Finance and Banking Studies research?

By volume, Indonesia and Malaysia publish the most (13k and 3k works in 2022-now).

By volume, 2022-now

  1. 1 Indonesia 13k works
  2. 2 Malaysia 3k works
  3. 3 India 971 works
  4. 4 Nigeria 931 works
  5. 5 Pakistan 909 works
  6. 6 United States 841 works
  7. 7 Türkiye 775 works
  8. 8 Iraq 684 works
  9. 9 ?? 680 works
  10. 10 Saudi Arabia 542 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

Indonesia: 57.9%Malaysia: 13.5%India: 4.4%Nigeria: 4.2%6 others listed: 20.0%58%largest
Indonesia13k · 57.9%Malaysia2,979 · 13.5%India971 · 4.4%Nigeria931 · 4.2%6 others listed4,431 · 20.0%

Shares of the rows listed above, not of the whole node.

Which institutions lead Islamic Finance and Banking Studies research?

By volume in 2022-now, Institut Agama Islam Negeri Bengkulu publishes the most Islamic Finance and Banking Studies research, followed by Universitas Islam Negeri Sumatera Utara and Universiti Teknologi MARA.

By volume, 2022-now

  1. 1 Institut Agama Islam Negeri BengkuluIndonesia 905 works
  2. 2 Universitas Islam Negeri Sumatera UtaraIndonesia 574 works
  3. 3 Universiti Teknologi MARAMalaysia 448 works
  4. 4 International Islamic University MalaysiaMalaysia 309 works
  5. 5 Sunan Kalijaga State Islamic University YogyakartaIndonesia 285 works
  6. 6 Universitas Islam Negeri Raden Intan LampungIndonesia 256 works
  7. 7 Sunan Gunung Djati State Islamic University BandungIndonesia 245 works
  8. 8 Universitas Patria ArthaIndonesia 240 works
  9. 9 National University of MalaysiaMalaysia 226 works
  10. 10 Syarif Hidayatullah State Islamic University JakartaIndonesia 212 works

Who are the leading researchers in Islamic Finance and Banking Studies?

The most-cited researchers publishing on Islamic Finance and Banking Studies include Eugene F. Fama, Andrei Shleifer and Michael C. Jensen.

  1. 1 Eugene F. Fama United States 262k citations
  2. 2 Andrei Shleifer United States 234k citations
  3. 3 Michael C. Jensen United States 203k citations
  4. 4 Samer Hamidi United States 182k citations
  5. 5 Joseph E. Stiglitz United States 167k citations
  6. 6 Daron Acemoğlu United States 164k citations
  7. 7 Anil Kumar Jain United States 160k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

What are the most cited papers in Islamic Finance and Banking Studies?

The most cited paper in Islamic Finance and Banking Studies is "Bank governance, regulation and risk taking" (Luc A. Laeven, Ross Eric Levine, 2008), with 3,212 citations. Next come "Bank regulation and supervision: what works best?" (2,361) and "Bank-specific, industry-specific and macroeconomic determinants of bank profitability" (2,297).

Most cited papers
#PaperReleasedCitations
1 Bank governance, regulation and risk taking Luc A. Laeven, Ross Eric Levine 2008 3,212
2 Bank regulation and supervision: what works best? James R. Barth, Gerard Caprio, Ross Eric Levine · Journal of Financial Intermediation 22 Nov 2003 2,361
3 Bank-specific, industry-specific and macroeconomic determinants of bank profitability Panayiotis P. Athanasoglou, Sophocles N. Brissimis, Matthaios Delis · Journal of International Financial Markets Institutions and Money 15 Aug 2006 2,297
4 Stock markets, banks, and growth: Panel evidence Thorsten Beck, Ross Eric Levine · Journal of Banking & Finance 21 Jan 2003 2,045
5 Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence Asli Demirgüç‐Kunt, Harry Huizinga · The World Bank Economic Review May 1999 1,884
All 100 most cited papers, with filters and sorting

Where is Islamic Finance and Banking Studies research done?

The largest centres of Islamic Finance and Banking Studies research in 2022-now are Jakarta (Indonesia), Medan (Indonesia), Bengkulu (Indonesia) and Kuala Lumpur (Malaysia). Among places with at least 20 works in it, it is an unusually large share of all research in Alor Star, Jitra and Kampung Baharu Nilai.

Largest cities, 2022-now

  1. 1 JakartaIndonesia 1.2k works
  2. 2 MedanIndonesia 1k works
  3. 3 BengkuluIndonesia 969 works
  4. 4 Kuala LumpurMalaysia 968 works
  5. 5 BandungIndonesia 895 works
  6. 6 YogyakartaIndonesia 794 works
  7. 7 SurabayaIndonesia 740 works
  8. 8 MakassarIndonesia 626 works
  9. 9 MalangIndonesia 597 works
  10. 10 Shah AlamMalaysia 526 works

Where it is the local speciality

  1. Alor StarMY · 37.1 works51×
  2. JitraMY · 190.0 works41×
  3. Kampung Baharu NilaiMY · 198.9 works35×
  4. Padangsidempuan27.0 works33×
← less than its size predicts1×more →

Location quotient: how much more of its research is in Islamic Finance and Banking Studies than the world average.

See Islamic Finance and Banking Studies on the map

Where is the best place to study Islamic Finance and Banking Studies?

Among universities, judged by research, University of Business and Technology, Manouba University and Abu Dhabi University score highest, combining citation excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%20%40%mean 32.47%fractional works in this field (log) →share of work in the world top 10% →Abu Dhabi UniversityManouba UniversityUniversity of Busine…Universiti Brunei Da…
above the meannear itbelow it

One dot per university in the first ten of the table below, at the default weights. The upper left is the interesting corner: small places doing unusually strong work.

Citation excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1University of Business and TechnologySaudi Arabia 66.033.9%22.6×51 +62.7%
2Manouba UniversityTunisia 62.044.6%12.5×18 +71.0%
3Abu Dhabi UniversityUnited Arab Emirates 60.546.5%9.0×16 +7.6%
4Universiti Brunei DarussalamBrunei 59.632.0%17.7×46 +42.8%
5University of SharjahUnited Arab Emirates 59.332.2%5.8×36 +116.6%
6Gulf UniversitySerbia 57.134.6%40.3×20 +456.8%
7Amman Arab UniversityJordan 55.737.1%28.7×21 +84.9%
8Hamad bin Khalifa UniversityQatar 55.127.8%12.6×36 +136.8%
9Applied Science Private UniversityJordan 54.729.9%9.0×16 +21.6%
10Universiti Teknologi MARAMalaysia 54.16.1%24.5×448 +39.8%

Universities only. The score blends citation excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Islamic Finance and Banking Studies, country by country

Is Islamic Finance and Banking Studies research growing?

Output in 2022-2025 was 39% higher than in 2018-2021, peaking in 2024. The fastest-growing topics are Islamic Finance and Banking Studies.

still counting19801990200020102020
grewheldshrank

The same series as a ribbon: one cell per year, darker for more. The line above answers how much; this answers when.

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Islamic Finance and Banking Studies as a percentage of every work published that year, 0.14% in 2024.

still counting0.050%0.10%0.15%Islamic Finance and Banking Studies0.11% in 202519801990200020102020

Fractional works of Islamic Finance and Banking Studies over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Islamic Finance and Banking Studies9.8% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.

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