INASJIF
Vol. 4 No. 2 (2026): Indonesian Scientific Journal of Islamic Finance

DIRECTION OF ISLAMIC FINANCE DEVELOPMENT: CHALLENGES AND OPPORTUNITIES IN BANKING

Bahri Sabil (Universitas Islam Negeri Maulana Malik Ibrahim Malang)
Yusuf Ageng Ariwibowo (Universitas Islam Negeri Maulana Malik Ibrahim Malang)
Chealshe Oliviana Fega Al Hadid (Universitas Islam Negeri Maulana Malik Ibrahim Malang)
Aprilia Nur Khasanah (Universitas Islam Negeri Maulana Malik Ibrahim Malang)
Nisrina Rania Puteri (Universitas Islam Negeri Maulana Malik Ibrahim Malang)



Article Info

Publish Date
16 Jun 2026

Abstract

This research aims to analyze the development of Islamic finance during the period 2020–2025 through a bibliometric approach using the OpenAlex database. An initial total of 1,189 documents were selected using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method, yielding 556 articles that met the inclusion criteria. The analysis results show a significant increase in publications concerning Islamic finance, Sharia banking, and Sharia fintech, particularly in 2022 and 2024. Dominant topics include the synergy of Islamic financial institutions, financial technology innovation, financial literacy, and Sharia governance. The co-occurrence network map reveals that the development of Islamic finance is rooted in the interaction between finance, technology, governance, and consumer behavior. Indonesia emerges as a global research hub with major contributions from Islamic higher education institutions. These findings confirm that the integration of digital innovation, Sharia regulation, and public literacy is key to strengthening an inclusive and sustainable Islamic financial ecosystem.

Copyrights © 2026






Journal Info

Abbrev

INASJIF

Publisher

Subject

Economics, Econometrics & Finance

Description

INASJIF (Indonesian Scientific Journal of Islamic Finance) published by Department of Islamic Banking, The Faculty of Islamic Economic and Business, State Islamic University of Sultan Aji Muhammad Idris Samarinda. The subject covers both textual and empirical, as well as classical and contemporary ...