A Survey of Islamic Business Literature (1985-2022): A Hybrid Approach

Abstract

Islamic Business is a business activity related to Islamic principles. This study explores the development of research on Islamic business from 1985 to 2022. This study uses a comprehensive bibliometric analysis approach that combines bibliometrics and content analysis (Hybrid Approach) to analyze current Islamic business research trends. Data is collected through the Scopus database with the keywords “Islamic Business" OR “Business". The initial data search discovers 2,066 documents and is screened according to the search topic. After the selection stage, there are 232 documents that are analyzed using R Biblioshiny software and Vosviewer. This research produces an analysis of authors, countries, institutions, subject areas, and trends on topics that influence future research. In the content analysis stage, 232 articles were classified into four sub-topics, namely: 1- Islamic business technology (30 articles), 2- Islamic banking industry (75 articles), 3- Islamic business management (77 articles), and 4- business ethics and halal-haram (50 articles). There are several keywords that rarely appear as potential topics to be researched, such as the following keywords, Shariah governance (2), macroeconomic variables (2), logistics (1), Islamic insurance (1), Ijarah (1), Islamic stock portfolio (1), and Uganda (1).