Musyarakah Mutanaqisah: A Systematic Literature Review

The present research aims to highlight trends in the previous research conducted on the Musyarakah Mutanaqisah arrangement. This research conducted a systematic literature review on the Musyarakah Mutanaqisah arrangement on the Scopus database from 2018 until July 2023. This research includes 21 journal articles from the 29 documents retrieved from the Scopus database. It was found that interviews and questionnaire surveys were the most frequently used methods in researching Musyarakah Mutanaqisah. Diverse variables have been studied in previous research. Most previous research on the Musyarakah Mutanaqisah arrangement was carried out in Malaysia since Malaysia is the leader in Islamic finance. Not all previous research was supported by theories or models. Most of the previous research on Musyarakah Mutanaqisah has focused on home financing facility. The findings from the present research can provide the foundation for future research on the Musyarakah Mutanaqisah arrangement.