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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Risk Management in Islamic Thought: A Bibliometric Review of Key Concepts and Trends

Sultan Saif Abdullah Al Mamari, Suhaili Bin Sarif, Amer Abdulwahab Mahyoub Murshed, Mohd Rizal Bin Muwazir @ Mukhazir Asmuliadi Lubis, Raja Hisyamudin Bin Raja Sulong, Abdullah Hamad Abdullah Al Harthi, Jabar Mohammed Ziyad Al Mamari, Mohammed Said Ali Eisaei

http://dx.doi.org/10.6007/IJARBSS/v14-i9/22857

Open access

Objective: This study conducts a bibliometric analysis of risk management within Islamic thought, focusing on publications from 2003 to 2023. The goal is to identify key contributors, institutions, and research themes that have shaped this field over the past two decades. Methods: A comprehensive search was performed using the Scopus database, employing keywords related to risk management and Islamic finance. The search yielded 909 documents, which were screened down to 337 relevant studies. These were analyzed using bibliometric techniques to map out trends, influential authors, institutions, and prominent research terms. Results: The findings reveal that Malaysia, Indonesia, and the United States are the leading contributors to this field, with institutions like the International Islamic University Malaysia and INCEIF University at the forefront. Prominent authors such as M. Kabir Hassan and Simon N. Archer have made substantial contributions. Key research terms include “liquidity risk,” “capital adequacy,” and “Shariah compliance,” reflecting the unique challenges Islamic financial institutions face in managing risk. Conclusion: This analysis provides valuable insights into the global and interdisciplinary nature of risk management in Islamic thought. Moving forward, the field will benefit from further exploration of regional practices, the inclusion of non-academic sources, and the development of innovative, Shariah-compliant financial tools to address modern challenges.

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Mamari, S. S. A. Al, Sarif, S. Bin, Murshed, A. A. M., Lubis, M. R. B. M. @ M. A., Sulong, R. H. B. R., Harthi, A. H. A. Al, Mamari, J. M. Z. Al, & Eisaei, M. S. A. (2024). Risk Management in Islamic Thought: A Bibliometric Review of Key Concepts and Trends. International Journal of Academic Research in Business and Social Sciences, 14(9), 615–628.