Islamic microfinance: A bibliometric review

M. Kabir Hassan, Muneer M. Alshater, Rashedul Hasan, Abul Bashar Bhuiyan

Research output: Contribution to journalArticlepeer-review

39 Citations (Scopus)
426 Downloads (Pure)


This paper quantitatively analyzes the literature on Islamic microfinance from early 2000 to 2020, as represented by English-language articles from the Scopus database. Using a bibliometric approach plus content analysis, we describe the field's evolution and structure, including co-citation, co-authorship, and bibliographical coupling. We find that Malaysia is the most relevant country, the International Islamic University Malaysia (IIUM) the most relevant institution, and the International Journal of Systems and Ethics the most relevant journal. There are four main topics: (1) principles, performance, and problems in Islamic microfinance, (2) sustainable development, (3) women's empowerment, and (4) the role of banks. We also offer future research directions.
Original languageEnglish
Article number100651
Number of pages14
JournalGlobal Finance Journal
Early online date12 Jun 2021
Publication statusPublished - Aug 2021

Bibliographical note

NOTICE: this is the author’s version of a work that was accepted for publication in Global Finance Journal. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Global Finance Journal, 49, (2021) DOI: 10.1016/j.gfj.2021.100651

© 2021, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International


  • Microfinance
  • Islamic microfinance
  • Bibliometric
  • Microcredit
  • Poverty alleviation

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance


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