SHARI'AH GOVERNANCE OF ISLAMIC BANKS: THE ROLE OF SHARI'AH SUPERVISORY BOARD - A BIBLIOMETRIC ANALYSIS

Abstract

Shari'ah Supervisory Board (SSB) plays a crucial role in the Shari'ah governance (SG) and legal framework of Islamic banks. One of the main functions of SSB is to ensure that the products and services of Islamic banks conform to Shari'ah as set by the regulators. However, despite the essential role of SSB in the context of Shari'ah governance, bibliometric analysis in this topic is very limited. Therefore, the main objective of this study is to review the SSB and SG of Islamic banks to capture what has been done in this area of research and to suggest prospects for future research. Specifically, this study is to answer the following three research questions. First, how has SSB and SG research evolved and been disseminated; second, what key topics have been discussed in SSB and SG; and third, what are the characteristics of scientific collaborations in SSB and SG research between authors from various countries? This paper employed a systematic literature review (SLR) as its research methodology to identify the relevant studies, followed by a bibliometric analysis to gain insight into the role of SSB in the SG of IBs research and trends in its dissemination. This study finalised 148 publications between 2006 and 2022 upon screening the title and abstract using relevant keywords to address the research questions.