The Potential of Islamic Mutual Funds: Research Stream and Future Direction

This article analyzes the significant scholarly research trends in Islamic Mutual Funds elements to define the position, role, and functions, particularly in business, management, accounting, social science, and environmental science. This study concentrates on order to accomplish this Islamic mutual funds, examines articles on Islamic mutual funds in the Scopus database, encompassing from ۱۹۲۵ to ۲۰۲۲, the geographic localization of research networks, the most frequently cited authors, and their standing in the scientific community are all determined. The authors used a variety of methodologies to conduct a literature review, including a co-authorship analysis, bibliometric citation, co-citation analysis, and a study of the most cited works. We also provide five additional queries regarding the analyses' findings in Islamic mutual funds, which have yet to be studied before and may impact Islamic mutual funds research. Such as finding Islamic microfinance, Islamic funds, financial markets, Islamic financing, and risk management are potential areas for further study. Adopting the Scopus database as the single authoritative source and the most reliable citation index for all academic and scientific research worldwide is a drawback. Additional research might broaden the categories of studied units, include more keywords, and incorporate other databases, such as WoS. This article can be an example for future researchers and policymakers in Islamic mutual funds.

Keywords:

diversification , Downside Risk , Fund Management , Investment , Mutual Funds