HRM and corporate Islamic finance: A hybrid literature review from the Web of Science database

Background This study examines how Islamic financial principles have influenced human resource management [HRM] practices from 2010 to 2024. Focusing on concepts like Riba [interest], Mudarabah [profit-sharing], and Takaful [Islamic insurance], the research explores their impact on HRM strategies and organizational sustainability. Objective The study aims to understand how these principles reshape contemporary HRM practices by identifying research trends, influential scholars, and major publications, and analyzing their effects on HRM strategies and organizational performance. Methodology A three-stage approach analyzed 402 articles using RStudio for data analysis, VOSviewer for citation and network analysis, and Excel for visualization. This method highlighted emerging trends and key research areas. Key findings Five research clusters were identified: 1] HRM and employee engagement in sustainable organizations; 2] environmental and sustainability practices in HRM; 3] ethical and social dimensions in HRM and finance; 4] corporate Islamic finance’s HRM implications; and 5] strategic management and financial performance. Implications The findings suggest a need for organizations to integrate Islamic finance principles into HRM practices and call for further research on emerging trends, cultural impacts, and long-term effects on organizational performance.