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Comparative Bibliometric Analysis of Islamic Finance Publications in Malaysia and Indonesia (2014-2024): What Can Indonesia Learn from Malaysia?

Al-Muamalat · Vol. 13 No. 2 (2026) · pp. 232–264

DOI
10.15575/am.v13i2.53975
ISSN
2716-0610, 2086-3225
Published
2026-09-14
Publisher
Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung
Language
eng
License
creativecommons.org/licenses/by-sa/4.0

Abstract

This study aimed to investigate publication patterns, research gaps, and emerging themes in Islamic finance by conducting a comparative bibliometric analysis of scholarly articles from Malaysia and Indonesia. Using data retrieved from the Scopus database, the study applied the PRISMA protocol for manuscript selection as well as bibliometric tools, including Publish or Perish, VOSviewer, Biblioshiny, and Microsoft Excel, for analysis. The results showed Malaysia led in both the volume and impact of Islamic finance publications, reflecting a more established research infrastructure, while Indonesia had a consistent upward trend in publication output. The analysis further identified sustainability, fintech, and digital transformation as prominent and emerging research themes in both countries. By mapping publication performance and thematic development, the study provided empirical insights into the comparative research dynamics of Islamic finance in Malaysia and Indonesia and highlighted directions for future scholarly development.

Keywords

Collaboration network of the authors

27 authors · 62 co-authorship links · 14 across different organisations

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Universitas Airlangga
  • Universitas Negeri Surabaya
  • Universiti Sains Malaysia
  • Yarmouk University
  • Universiti Teknologi MARA
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Ririn Tri RatnasariUniversitas Airlangga4
Anwar Allah PitchayUniversiti Sains Malaysia2
Imron MawardiUniversitas Airlangga2
Zaimy Johana JohanUniversiti Teknologi MARA2
Rosa Prafitri JuniartiAffiliation unknown2
Erika TakidahAffiliation unknown2
Muhammad Nafik Hadi RyandonoAffiliation unknown2
Azreen Hamiza Abdul AzizAffiliation unknown2
Ach. YasinAffiliation unknown2
Dyah Permata SariUniversitas Negeri Surabaya1
Muhammad RifqiYarmouk University1
Devi SeptianiAffiliation unknown1
Yuliana Jamilatul AzizahAffiliation unknown1
Nailul AuthorAffiliation unknown1
Donna Vanny AramintaAffiliation unknown1
Qudziyah QudziyahAffiliation unknown1
Siti ZulaikhaAffiliation unknown1
Mohamed BattourAffiliation unknown1
Usman JamiluAffiliation unknown1
Lusiana HandayaniAffiliation unknown1
Basyirah AinunAffiliation unknown1
Sahraman D. HadjilatifAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.uinsgd.ac.id/index.php/mua/oai, first harvested 7 Nov 2026, last seen 8 Nov 2026.
Original metadata (oai_dc)
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	<dc:title xml:lang="en-US">Comparative Bibliometric Analysis of Islamic Finance Publications in Malaysia and Indonesia (2014-2024): What Can Indonesia Learn from Malaysia?</dc:title>
	<dc:creator>Ridlwan, Ahmad Ajib</dc:creator>
	<dc:creator>Timur, Yan Putra</dc:creator>
	<dc:creator>Abd Rahim, Syazwani</dc:creator>
	<dc:creator>Fikriyah, Khusnul</dc:creator>
	<dc:creator>Canggih, Clarashinta</dc:creator>
	<dc:subject xml:lang="en-US">Islamic finance</dc:subject>
	<dc:subject xml:lang="en-US">Comparative</dc:subject>
	<dc:subject xml:lang="en-US">Bibliometric</dc:subject>
	<dc:subject xml:lang="en-US">VOS Viewer</dc:subject>
	<dc:subject xml:lang="en-US">Malaysia</dc:subject>
	<dc:subject xml:lang="en-US">Indonesia</dc:subject>
	<dc:description xml:lang="en-US">This study aimed to investigate publication patterns, research gaps, and emerging themes in Islamic finance by conducting a comparative bibliometric analysis of scholarly articles from Malaysia and Indonesia. Using data retrieved from the Scopus database, the study applied the PRISMA protocol for manuscript selection as well as bibliometric tools, including Publish or Perish, VOSviewer, Biblioshiny, and Microsoft Excel, for analysis. The results showed Malaysia led in both the volume and impact of Islamic finance publications, reflecting a more established research infrastructure, while Indonesia had a consistent upward trend in publication output. The analysis further identified sustainability, fintech, and digital transformation as prominent and emerging research themes in both countries. By mapping publication performance and thematic development, the study provided empirical insights into the comparative research dynamics of Islamic finance in Malaysia and Indonesia and highlighted directions for future scholarly development.</dc:description>
	<dc:publisher xml:lang="en-US">Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung</dc:publisher>
	<dc:date>2026-09-14</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uinsgd.ac.id/index.php/mua/article/view/53975</dc:identifier>
	<dc:identifier>10.15575/am.v13i2.53975</dc:identifier>
	<dc:source xml:lang="en-US">Al-Muamalat; Vol. 13 No. 2 (2026): July; 232-264</dc:source>
	<dc:source>2716-0610</dc:source>
	<dc:source>2086-3225</dc:source>
	<dc:source>10.15575/am.v13i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinsgd.ac.id/index.php/mua/article/view/53975/17176</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2026 Ahmad Ajib Ridlwan, Yan Putra Timur, Syazwani Abd Rahim, Khusnul Fikriyah, Clarashinta Canggih</dc:rights>
	<dc:rights xml:lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</dc:rights>
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