Looking at the ‘Big Picture’ in Islamic
Economics and Finance Literature
A Bibliometric Analysis of WoS Indexed Documents
Abstract: Tis study aimed to indicate the general trend of Islamic economics and fnance (IEF)
studies through bibliometric analysis. Terefore, the Web of Science (WoS), which is one of the
most respected databases, for the period 1975-2019 with a total of 1,120 documents is exam-
ined. Te documents were classifed, analyzed, and visualized through VOS-viewer software,
and the main trends in terms of countries, organizations, authors, and publishers were indi-
cated. Tis study revealed the trends of IEF literature by reviewing thirty articles with the most
co-citations and creating a keyword map. Te fndings showing the current state and trends
of the IEF discipline are quite remarkable. It has been found that Malaysia ranks frst among
countries and institutions in terms of the number of publications. While Abbas Mirakhor was
the author with the most publications, the International Journal of Islamic and Middle Eastern
Finance and Management was the most publishing institution. Besides, in keyword network
analysis, it is seen that the institutions and subjects of Islamic fnance are dominant in Islamic
economics and fnance studies. Tese fndings bringing the “Is the IEF discipline fnancialized?”
debate back to the agenda is expected to inspire many new study topics.
Keywords: Islamic economics and fnance, bibliometric analysis, Web of Science, VOSviewer.
JEL Classifcation: A20, B49, B59, A10, C10, Z12
Submitted: 10.12.2020
Revised: 23.04.2021
Accepted: 28.04.2021
Online First: 25.06.2021
© Research Center for Islamic Economics
DOI: 10.26414/A481
TUJISE, 9(1), 2022, 59-93
tujise.org
PhD Candidate, Sakarya University/Turkey, ayenice@sakarya.edu.tr 0000-0002-1869-6814
Dr., Sakarya University/Turkey, mucahitozdemir@sakarya.edu.tr 0000-0002-4455-5943
Dr., Sakarya University/Turkey, akoc@sakarya.edu.tr 0000-0002-3102-4457
TUJISE
Turkish Journal of
Islamic Economics
Yenice, A. C., Ozdemir, M., & Koc, A. (2022). Looking at the 'big picture' in Islamic economics and finance literature:
A bibliometric analysis of WoS indexed documents. Turkish Journal of Islamic Economics, 9(1), 59-93.
Ali Can Yenice
Mucahit Ozdemir
Abdussamed Koc