Sciences du Nord Economics and Business
Vol. 1 No. 02 (2024): Sciences du Nord Economics and Business

The Growth of Green and Sustainable Finance in Islamic Banking: A Bibliometric Approach

Bekti Bekti Utomo (Universitas Sebelas Maret)
Eko Sudarmanto (Universitas Muhammadiyah Tangerang)
Muhammadong Muhammadong (Universitas Negeri Makassar)



Article Info

Publish Date
09 Oct 2024

Abstract

This study employs a bibliometric analysis to explore the intersection of Islamic banking and sustainable finance, focusing on the integration of environmental, social, and governance (ESG) criteria into Islamic financial practices. Utilizing data from Google Scholar, this research maps the landscape of green and sustainable finance within Islamic banking from 2001 to 2024. The analysis identifies core themes such as green sukuk, ESG investing, and climate finance, and examines their connectivity and evolution over time. The results reveal a growing emphasis on aligning Islamic finance with global sustainability goals, highlighted by the increasing prominence of green financial instruments and sustainability-focused financial services. However, challenges such as the need for standardized regulatory frameworks and greater incorporation of technological innovations in financial practices persist. The study suggests that addressing these challenges through clearer guidelines and enhanced financial technology could propel Islamic banking into a more significant role in global sustainability efforts.

Copyrights © 2024






Journal Info

Abbrev

sneb

Publisher

Subject

Economics, Econometrics & Finance

Description

Sciences du Nord Economics and Business is an open access journal from North Press Publishers. Sciences du Nord Economics and Business an international journal publishing papers that apply quantitative methods to analyze economic, business and management issues and problems published twice a year in ...