Title: A new lens: reframing performance measurement for Islamic social finance<\/p>\n\n\n\n
Authors:<\/p>\n\n\n\n
Journal Name: Journal of Islamic Accounting and Business Research Kinds of Journal: Scopus Q2<\/p>\n\n\n\n
Keywords: Islamic microfinance; Islamic social finance; Performance measurement; Waqf; Zakat<\/p>\n\n\n\n
Abstract::<\/p>\n\n\n\n
Purpose \u2013 This paper aims to review existing literature on performance measurement for Islamic social finance (ISF) indexed in Scopus to understand the impact of ISF on community welfare and provide actionable insights for stakeholders. Design\/methodology\/approach \u2013 A hybrid research approach was used, integrating bibliometric and content analysis methods. On bibliometrics, 89 articles indexed in Scopus from 1996 to 2024 were identified. Subsequently, 24 selected papers were conducted to delve deeper into the specific methodologies, findings and implications for ISF performance measurement. VOSviewer and MAXQDA were used for data analysis and visualization. Findings \u2013 The analysis identified three key categories of literature, namely: waqf institutions, Islamic microfinance and zakat institutions. The in-depth discussion highlighted the importance of robust performance measurement practices conducted for each category, demonstrating that these can enhance institutional efficiency, accountability and sustainability. Research limitations\/implications \u2013 This study is restricted to articles indexed in Scopus, and therefore, valuable insights may be missing from the literature of other databases. Practical implications \u2013 The findings will provide valuable insights for ISF institutions to develop and implement effective performance measurement frameworks that best suit their respective purposes and contexts. Originality\/value \u2013 This paper systematically reviews the extant literature on ISF performance measurement. Key themes and trends were identified through content analysis.<\/p>\n\n\n\n