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Journal : West Science Interdisciplinary Studies

Islamic Finance and Halal Investment Trends in the Digital Era: A Bibliometric Review (2010–2025) Judijanto, Loso; Khotijah, Nur; Febrina, Ilza; Mayasari, Eny; Budiman, Mamdukh
West Science Interdisciplinary Studies Vol. 3 No. 10 (2025): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v3i10.2300

Abstract

This study offers a bibliometric analysis of Islamic finance and halal investment trends in the digital age (2010–2025), utilizing data from Scopus and examined with VOSviewer and Biblioshiny. The results indicate five predominant research themes: fintech and digital innovation, blockchain and cryptocurrency, financial inclusion and sustainability, Shariah governance, and Islamic investment ecosystems. Findings indicate that Malaysia and Indonesia spearhead worldwide research collaboration, connecting Southeast Asia, the Middle East, and Europe. Scholarship has progressively transitioned from traditional Islamic banking and sukuk to digital transformation, ethical finance, and sustainable development. The report offers pragmatic insights for policymakers and practitioners to advance Shariah-compliant financial innovation, while promoting financial inclusion and sustainable investment. It proposes a Digital Maqasid Finance Framework that amalgamates technology with Islamic ethical and social principles. This research provides a robust framework for future investigations into AI-driven Shariah compliance, digital halal finance, and sustainable Islamic investment ecosystems, despite limitations in database and time.
The Effect of Sharia Economic Festival Education and Financial Literacy on Halal Awareness and the Intention to Use Sharia Financial Products in Indonesia Hendratri, Bhaswarendra Guntur; Kurniawan, Kurniawan; Febrina, Ilza; Kaswoto, Junet; Rijadi, Puti Khairani
West Science Interdisciplinary Studies Vol. 3 No. 11 (2025): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v3i11.2390

Abstract

  This study investigates the effect of Sharia Economic Festival education and financial literacy on halal awareness and the intention to use Sharia financial products in Indonesia. Employing a quantitative research design, data were collected from 135 respondents using a five-point Likert scale questionnaire. The analysis was conducted using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3). The results demonstrate that Sharia Economic Festival education significantly enhances financial literacy and halal awareness. Financial literacy also has a strong positive effect on halal awareness and directly influences the intention to use Sharia financial products. Moreover, halal awareness emerges as the most influential predictor of consumer intention, highlighting the central role of religious and ethical considerations in the adoption of Sharia-compliant financial services. The findings emphasize the importance of educational interventions, financial knowledge, and awareness-building strategies to strengthen the penetration of Sharia financial products in Indonesia. This study contributes to theoretical understanding and provides practical implications for policymakers, financial institutions, and event organizers seeking to increase public engagement with Islamic finance.