A survey of Islamic banking and finance literature: issues, challenges and future directions

Paresh Kumar Narayan, Dinh Hoang Bach Phan

Research output: Contribution to journalArticleResearchpeer-review

94 Citations (Scopus)

Abstract

This paper undertakes a survey of the literature on Islamic banking and finance. The aim is to provide an understanding of the literature, identify key issues and challenges, and explore potential directions for future research. Our survey reveals that there is a need to; (a) focus on new areas of research including datasets, (b) establish the economic significance of the statistical results, (c) undertake research that explores new questions/hypotheses, and (d) establish the robustness of the findings. The paper discusses these issues.

Original languageEnglish
Pages (from-to)484-496
Number of pages13
JournalPacific Basin Finance Journal
Volume53
DOIs
Publication statusPublished - Feb 2019
Externally publishedYes

Keywords

  • Islamic finance
  • Literature survey
  • Major journals
  • Published research

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