Mapping of Trends and Impacts in the Green Sukuk Research Landscape: A Bibliometric Analysis (2005-2025)

Abstract

This study uses bibliometric analysis to examine the research landscape of Green Sukuk (GS), an alternative ethical financing option for sustainable development. The study exhaustively exported all 74 publications relating to GS on Scopus, and adopted VosViewer and Excel software for various analyses.   The study reveals that GS research is dominated by Malaysia and Indonesia, with the International Islamic University Malaysia leading institutionally. A few authors, including Haron, R., Azhgaliyeva, D., Kapoor, A., and Liu, Y., have made significant contributions. The study notes that a surge in publications, post-COVID-19, is likely due to increased interest in sustainable development and safe-haven investments. Keyword Co-occurrence Analysis (KCA) identifies three research hotspots, informing future research directions. The findings highlight the need for further research in GS to support sustainable development and environmental mitigation. This study provides a comprehensive overview of the GS research landscape, identifying gaps and opportunities for future studies. It contributes to the growing body of research on green financing and sustainable development.