Journal
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE
Volume 69, Issue -, Pages 389-405Publisher
ELSEVIER
DOI: 10.1016/j.iref.2020.05.013
Keywords
Takaful; Meta-literature review; Bibliometric citation analysis; Content analysis; Islamic finance; Islamic insurance
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Takaful: (Islamic Insurance) achieved only recently a significant volume of academic research, despite its importance in addressing the insurance needs of Islamic societies and economies. We provide a thorough analysis of existing contributions on Takaful through a meta-literature methodology encompassing both a bibliometric (quantitative) and content (qualitative) analysis. By reviewing 69 articles, we aim at providing a rigorous background for the Islamic finance industry, its societies and economies, academic research and policymakers. We identify and review three leading research streams on Takaful: its overview, growth paths and models; governance mechanisms; products/services and customer perception. We also identify the leading academic institutions, countries, journals, as well as authors, co-authorship networks and their position within these streams. Finally, we derive and summarize 16 leading future research questions.
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