ISLAMIC GREEN ECONOMY: A BIBLIOMETRIC ANALYSIS

Isti Nuzulul Atiah; Amelia Pratama; Firnanda Maulidya Shabrina; Inaayatul Muflihah

Isti Nuzulul Atiah University of Sultan Ageng Tirtayasa
Amelia Pratama Sultan Ageng Tirtayasa University
Firnanda Maulidya Shabrina Sultan Ageng Tirtayasa University
Inaayatul Muflihah Sultan Ageng Tirtayasa University

Abstract

The ecological crisis has an impact on economic lines in various countries in the world. The concept of green economy exists to mitigate the comprehensive and unified in dealing with the climate crisis and ecological crisis. The concept of green economy was in line with the value in the principles or concepts of Islamic finance. This study aims to identify and analyze research trends with theme Islamic green economy. The data source in this research was taken from the Scopus database, by input the keywords "Green Economy" OR "Islamic Economy" AND "Islamic Green Economy" into the document search field. As a result, 10 journal articles relevant to the research topic were found. Research using VOSviewer indicates a limited body of literature on the Islamic green economy, comprising 10 articles from 2019 to 2024 in Scopus. Contributions spanned countries like Indonesia, Malaysia, the United States, Pakistan, and Qatar, with Qatar pioneering early research and the United States leading in publications. Despite geographic diversity, there's a notable lack of collaboration. The Accounting Research Institute at Universiti Teknologi MARA, Malaysia, initiated research. Co-occurrence analysis revealed 34 keywords in five clusters, focusing on themes like Islamic Social Capital, Maqasid Shariah, and Zakat. Density visualization indicates that topics such as green economy and green sukuk are frequently explored in the literature.

References

Al-Mubarak, T. (n.d.). Environmental Impact in Islamic Finance. https://www.researchgate.net/publication/324860695

Al-Roubaie, A., & M. Sarea, A. (2019). Green Investment and Sustainable Development: The Case of Islamic Finance. Journal of Islamic Business and Management (JIBM), 09(01). https://doi.org/10.26501/jibm/2019.0901-002

Campisi, D., Gitto, S., & Morea, D. (2018). Shari’ah-compliant finance: A possible novel paradigm for green economy investments in Italy. Sustainability (Switzerland), 10(11). https://doi.org/10.3390/su10113915
Greenpeace Indonesia & INDEF 2021. (n.d.). greenpeace.

Harahap, B., Risfandy, T., & Futri, I. N. (2023). Islamic Law, Islamic Finance, and Sustainable Development Goals: A Systematic Literature Review. In Sustainability (Switzerland) (Vol. 15, Issue 8). MDPI. https://doi.org/10.3390/su15086626

Hariyani, H. F., & Kusuma Hendra. (n.d.). Green Sukuk-Based Project on Sustainable Waste Management in Indonesia.

Iskandar, A., & Aqbar, K. (2019a). Green Economy Indonesia Dalam Perspektif Maqashid Syari’ah. Al-Mashrafiyah: Jurnal Ekonomi, Keuangan, Dan Perbankan Syariah, 3(2), 83. https://doi.org/10.24252/al-mashrafiyah.v3i2.9576

Iskandar, A., & Aqbar, K. (2019b). Green Economy Indonesia Dalam Perspektif Maqashid Syari’ah. Al-Mashrafiyah: Jurnal Ekonomi, Keuangan, Dan Perbankan Syariah, 3(2), 83. https://doi.org/10.24252/al-mashrafiyah.v3i2.9576

Khan, I. U., Hameed, Z., Khan, S. U., & Khan, M. A. (2024). Green banking practices, bank reputation, and environmental awareness: evidence from Islamic banks in a developing economy. Environment, Development and Sustainability, 26(6), 16073–16093. https://doi.org/10.1007/s10668-023-03288-9

Khan, T. (2019). Reforming Islamic finance for achieving sustainable development goals. Journal of King Abdulaziz University, Islamic Economics, 32(1), 3–21. https://doi.org/10.4197/Islec.32-1.1
Naeem, M. A., Karim, S., Yarovaya, L., & Lucey, B. M. (2023). Systemic risk contagion of green and Islamic markets with conventional markets. Annals of Operations Research. https://doi.org/10.1007/s10479-023-05330-5

Rusydiana, A. S., & Syamsul Bahri, M. (2022). Green Economy and Some Relevancies from Islamic Finance Perspective. http://journals.smartinsight.id/index.php/JIEL/index

Setiyowati, A., Utomo, Y. T., Yusup, M., Santoso, I. R., Sulistyowati, Bahri, E. H., Arini, E. Z., Sutrisno, Suriabagja, A.,

Mubarrak, H., & Pratiwi, A. (n.d.). GREEN ECONOMY DAN PEMBANGUNAN BERKELANJUTAN.

The United Nations Environment Program (UNEP). (2011). Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication. www.Unep.Org/ Greeneconomy.