Pioneering the discourse on Islamic Securities Crowdfunding are profilic authors whose contributions have significantly impacted the academic environment. Authors such as Rifaldi Majid (Airlangga University, Indonesia), Aimadhuddin Ahmad Kamely (International Islamic University, Malaysia), and Rizky Aditya Nugraha (University of Brawijaya, Indonesia) emerge as key influences, shaping the narrative around this burgeoning field.

Fluctuating Trends, Overall Growth: The study reveals a dynamic trajectory in publications, with fluctuations marking the six-year journey. Notably, the year 2022 witnessed an apex, with the highest number of papers indicating a palpable surge of interest in Islamic Securities Crowdfunding. This upward trend signifies a pivotal moment in the integration of Islamic principles with modern financial technology.

Keyword Mapping Unveils Clusters of Innovation: Bibliometrics mapping, a visual representation of co-occurring keywords, reveals clusters that spotlight innovation, crowdfunding, and the integration of Sharia principles. This nuanced insight into keyword trends over the years underscores the dynamic nature of the field and its continuous evolution.

Leading Papers Garner Attention: The study identifies key papers that have resonated significantly within  the academic community. Topping the list is Nicole Sunday Grove’s “Weapons of Mass Participation: Social Media, Violent Entrepreneurship, and the Politics of Crowdfunding for War,” accumulating an impressive 24 citations. Other notable papers include Sara Sanchez Fernandez’s “Islamic Fintech” and “The Crowdfunding and Islamic Securities: The Role of Financial Literacy” by Rifaldi Majid and Rizky Aditya Nugraha.

Implications for Future Research and Industry: As the Islamic Securities Crowdfunding industry continuous to burgeon, these findings hold substantial implications for future research, policy-making, and industry strategies. The surge in publications, predominantly fueled by Fintech platforms, underscores the pivotal role of technology in reshaping Islamic finance.

The unveiling of these groundbreaking findings signifies a pivotal moment in the understanding of Islamic Securities Crowdfunding. As the financial landscape evolves, these insights become invaluable for researchers, policymakers, and industry stakeholders. The comprehensive analysis serves as a compass, guiding stakeholders through the transformative journey of Islamic Securities Crowdfunding, heralding a new era of innovation and integration within the Fintech landscape.


Wirdhatul Jannah & Siti Rabiah Magfiroh – Stundent Sharia Business Management.