A Bibliometric Approach and Visualization of Waqf Crowdfunding Literature 227 223

Abstrak

Waqf has significant global potential and can be optimized through innovative approaches, including the integration of financial technology (fintech), such as crowdfunding. Waqf crowdfunding is an innovative approach to collecting waqf funds through a digital platform, which can increase efficiency and expand the reach of public participation. This study aims to map trends and visualization of waqf crowdfunding literature in order to provide recommendations for further studies. This study employs a descriptive quantitative approach, utilizing bibliometric analysis of 67 documents sourced from Google Scholar and Scopus, spanning the period from 2016-2024. Data analysis and visualization were conducted using VOSViewer, which provides insights into citation patterns, publication trends, and research networks. This study reveals the contributions of 144 researchers, resulting in 67 publications that have garnered a total of 895 citations, with the highest annual citation count of 374 in 2017. Malaysia and Indonesia show significant roles in the development of waqf crowdfunding, with the most significant contributions of 33 and 30 documents, respectively. This study also identifies three main clusters that can be further developed, namely the use of waqf crowdfunding platforms, crowdfunding waqf models (CWM), and waqf crowdfunding case studies. The findings provide recommendations for future researchers to explore several themes related to the main clusters, such as the use of blockchain technology on waqf crowdfunding platforms, integration of waqf crowdfunding models with other types of waqf such as green waqf or cash waqf linked Sukuk, and comparative case studies involving multiple platforms or certain countries.