The evolution of the corporate governance literature in Islamic banking: A bibliometric review of the last two decades

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Akhmad Faozan ORCID logo, Toufan Aldian Syah ORCID logo, Bambang Waluyo ORCID logo, Che Adenan Mohammad ORCID logo, Rini Meliana ORCID logo

https://doi.org/10.22495/jgrv15i1art17

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Abstract

This study aims to explore trends and map knowledge on corporate governance (CG) in Islamic banking written by academics worldwide. This study is crucial for identifying the map and gaps in CG research in the Islamic banking industry. The method used is library research, focusing on thematic literature examining CG in Islamic banking. Primary data sources include journal articles, books, and proceedings published from 2005 to 2024, primarily by reputable publishers. The data were then analyzed using an R-based bibliometric approach (Donthu et al., 2021), the bibliometrics web interface, and Biblioshiny. The results indicate that academics from various affiliations and countries still have a high interest in the theme of Islamic banking governance (Bui & Krajcsák, 2024). However, the authors’ affiliations and countries are not evenly distributed, with a concentration in the Middle East, Southeast Asia, and the UK. From the aspect of the study articles, the sustainable development approach emerges as a new direction in Islamic financial governance, along with the coherence of keywords such as banking and Islamism, which indicates a strong thematic relationship with Islamic values.

Keywords: Corporate Governance, Islamic Banking, Bibliometrics, Scopus

Authors’ individual contribution: Conceptualization — A.F.; Methodology — A.F.; Software — A.F. and T.A.S.; Validation — A.F., T.A.S., and R.M.; Formal Analysis — A.F., T.A.S., and B.W.; Investigation — A.F. and B.W.; Resources — A.F., T.A.S., B.W., and R.M.; Data Curation — A.F.; Writing — A.F.; Visualization — R.M. and C.A.M.; Supervision — A.F. and T.A.S.; Project Administration — A.F. and R.M.; Funding Acquisition — A.F., T.A.S., B.W., C.A.M., and R.M.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: B40, B41, C18

Received: 04.06.2025
Revised: 08.09.2025; 30.09.2025; 19.12.2025
Accepted: 22.01.2026
Published online: 26.01.2026

How to cite this paper: Faozan, A., Syah, T. A., Waluyo, B., Mohammad, C. A., & Meliana, R. (2026). The evolution of the corporate governance literature in Islamic banking: A bibliometric review of the last two decades. Journal of Governance and Regulation, 15(1), 181–194. https://doi.org/10.22495/jgrv15i1art17