Clustering research on Islamic fintech studies

Abstract

The emergence of financial technology (fintech) is a gamechanger for financial and banking industry.Fintech is a changing innovation in the banking and finance industry, due to providing the same but more innovative services at lower costs and high margins.Islamic finance views this as a prospective tool to enhance the practice and development of Islamic finance itself.Therefore, the development of fintech became a trigger for Islamic finance to generate Islamic fintech which promotes the shariah principle in its operation.With many advantages of Islamic Fintech such as being transparent, easy to access, easy to use, etc., it is believed to be a formal financial alternative.In line with the trend of Islamic fintech, the current existing research on this field is also growing.Therefore, this is a good moment to synthesize and analyze the research on this field.This study aims to determine the development of Islamic Fintech research trends published by leading journals on Islamic financial economics.The data analyzed consisted of 56 indexed research publications.The data is then processed and analyzed using the VoS viewer application to find out the bibliometric map of Islamic Fintech research development.This research provides the co-authorship analysis, co-occurrence keyword analysis, and most cited article.This research is limited to the Scopus database.The result shows that, there are at least 4 research clusters related to Islamic fintech.

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Stored only when both papers are in the corpus — 11 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.