ISLAMIC FINANCE'S ROLE IN SOCIAL EQUITY AND POVERTY ALLEVIATION: TRENDS AND GAPS

This study investigates global research trends on the role of Islamic finance in promoting social equity and poverty alleviation. Using bibliometric and content analysis methods, we analyze publications on the subject from Scopus from 1991 to 2025 using Rstudio, VOSviewer and Excel to identify key authors, institutions, and journals and to perform a thematic analysis. The results show increasing academic interest, with publication peaking from 2020 onwards. Leading contributors are M. Kabir Hassan and Universiti Utara Malaysia (UUM) for respectively authors and institutions. Dominant themes include zakat, waqf, Islamic microfinance, and financial inclusion, alongside emerging areas like Islamic fintech and productive zakat. Despite its growth, the field remains fragmented, with gaps in governance, regional representation, and long-term impact assessments. Future research should focus on integrating Islamic finance with national poverty strategies, addressing gender disparities, and leveraging technology for greater financial inclusion. This study provides a comprehensive roadmap for scholars and policymakers, contributing to a deeper understanding of Islamic finance as a tool for fostering social equity and poverty alleviation.

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Journal
Journal of Islamic Monetary Economics and Finance
Published
2025-11-27
DOI
https://doi.org/10.21098/jimf.v11i4.2611
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

ISLAMIC FINANCE'S ROLE IN SOCIAL EQUITY AND POVERTY ALLEVIATION: TRENDS AND GAPS

Almabrok F Ahmid
Journal of Islamic Monetary Economics and Finance
Islamic Finance and Banking Studies
article

ISLAMIC FINANCE'S ROLE IN SOCIAL EQUITY AND POVERTY ALLEVIATION: TRENDS AND GAPS

Almabrok F Ahmid
article en

Abstract

This study investigates global research trends on the role of Islamic finance in promoting social equity and poverty alleviation. Using bibliometric and content analysis methods, we analyze publications on the subject from Scopus from 1991 to 2025 using Rstudio, VOSviewer and Excel to identify key authors, institutions, and journals and to perform a thematic analysis. The results show increasing academic interest, with publication peaking from 2020 onwards. Leading contributors are M. Kabir Hassan and Universiti Utara Malaysia (UUM) for respectively authors and institutions. Dominant themes include zakat, waqf, Islamic microfinance, and financial inclusion, alongside emerging areas like Islamic fintech and productive zakat. Despite its growth, the field remains fragmented, with gaps in governance, regional representation, and long-term impact assessments. Future research should focus on integrating Islamic finance with national poverty strategies, addressing gender disparities, and leveraging technology for greater financial inclusion. This study provides a comprehensive roadmap for scholars and policymakers, contributing to a deeper understanding of Islamic finance as a tool for fostering social equity and poverty alleviation.

Journal of Islamic Monetary Economics and FinanceVol. 11(4)
Karabük University (TR)
Openalex Percentile: Top 48%
Islamic Finance and Banking Studies
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ISLAMIC FINANCE'S ROLE IN SOCIAL EQUITY AND POVERTY ALLEVIATION: TRENDS AND GAPS — Almabrok F Ahmid · Journal of Islamic Monetary Economics and Finance (2025) | TGRS Research Map | TGRS