Journal of Islamic Monetary Economics and Finance
Vol. 10 No. 4 (2024)

RESEARCH STATUS AND PROSPECTS OF SHARIAH COMPLIANCE IMPACT ON FIRM RISK, PERFORMANCE AND RESILIENCE

Touti, Nihal (Unknown)
Alaoui Taïb, Asmâa (Unknown)



Article Info

Publish Date
30 Nov 2024

Abstract

This article performs a bibliometric analysis on the impacts of Shariah compliance on firms’ risk, performance, and resilience. Using Scopus database, a total of 1063 documents have been identified and analyzed utilizing VOSviewer. In the analysis, we evaluate co-authorship, keyword co-occurrence, and citation to identify influential authors, countries, and sources. The findings reveal a consistent increase in publications, particularly noticeable from 2014 onwards, indicating a growing interest in this research domain. Notably, the study highlights the pivotal role of Shariah compliance in enhancing corporate governance, financial risk management, and sustainable development, thus directly impacting the risk, performance, and resilience of firms. Globally it seems that by adhering to Shariah principles, firms can mitigate risks effectively, enhance their performance, and strengthen their capacity to withstand market fluctuations and economic uncertainties, thereby improving their overall resilience. These findings underscore the global significance of Shariah-compliant finance and emphasize the imperative for further research to deepen the understanding of its implications for firms.

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Journal Info

Abbrev

JIMF

Publisher

Subject

Economics, Econometrics & Finance

Description

JIMF is an international peer-reviewed and scientific journal which is published quarterly by Bank Indonesia Institute. JIMF is a type of scientific journal (e-journal) in Islamic economics, monetary, and finance. By involving a large research communiy in an innovative public peer-review process, ...