Islamic Bank Risk Studies: A Bibliometric Review

Abstract

This article analyzes Islamic banking risk trends from 1996 to November 2024. This study aims to: (1) trends and growth of publications related to Islamic banking risks; (2) the most productive contribution related to the risk study of Islamic banking; (3) the most cited documents in research related to Islamic banking risks; (4) essential keywords involved in Islamic banking risk research. The processed data were obtained from the Scopus database using the term (Islamic OR sharia*) AND (bank OR finance) AND (risk), resulting in 355 documents, then exported and analyzed using Biblioshiny, VOSviewer, Publish or Perish (PoP), and Microsoft Excel. The results of the study show that most publications occurred in 2023. The authors who contributed the most to publishing documents were Mirakhor, A. (7 publications), International Islamic University Malaysia by the institution (98 publications), English by language (98 percent), Malaysia by country (104 publications), and Journal of Islamic Accounting and Business Research by title (25 publications). The most frequently cited article is the work of Mollah et al. (2017) on "The governance, risk-taking, and performance of Islamic banks." Referring to the results of the network visualization mapping, research on Islamic banking risks is grouped into four main themes, including Performance and Management of Islamic Banks Risk and Finance in Islamic Banking, Governance and Efficiency of Islamic Banks, Risk Management Practices, and Types of Risks in Islamic Banks. This study recommends a systematic literature review related to topics and issues regarding technological innovation and further exploration of the regulatory impact of risk in Islamic banking.