People Biography

• Islamic Capital Market
• Sustainable Finance
• Asset Pricing
• Corporate Finance
• Impact Banking

Book Chapters:

• Is There a Cost for Adopting Faith-Based Investment Styles? In Hassan, M. K., Rashid, M., & Aliyu, S. (Eds.), Islamic Corporate Finance. London: Routledge Taylor & Francis Group.

• Islamic Corporate Finance, Capital Structure. In, Hassan, M. K., Rashid, M., & Aliyu, S. (Eds.), Islamic Corporate Finance. London: Routledge Taylor & Francis Group.

• Dividend Policy: The case of Shariah-Compliant Firms. In, Hassan, M. K., Rashid, M., & Aliyu, S. (Eds.), Islamic Corporate Finance. London: Routledge Taylor & Francis Group.

• Shariah Boards: Practical Challenges for Islamic Financial Institutions. In Ariff, M. & Mohamad, S. (Eds.), Islamic Wealth Management: Theory and Practice. Cheltenham, UK: Edward Elgar.

• Islamic Equity Market. In Hamid, B. A., Ibrahim, M. H., & Kamarudin, S. (Eds.), Islamic Finance: The New Normal. Malaysia: RAM Rating Services Berhad in collaboration with INCEIF.

• Determinants of Performance of Islamic Banks in GCC Countries: Dynamic GMM Approach. In Mutum, D. S., Butt, M. M., & Rashid, M. (Eds.), Advances in Islamic Finance, Marketing, and Management: An Asian Perspective. 1st Ed. Bingley, UK: Emerald.

• Tabung Haji Run-up to Islamic Finance in Malaysia. In Kareem, A., & Ariff, M. (Eds.), Islamic Finance in Malaysia: Growth and Development. Kuala Lumpur: CAGAMAS in collaboration with INCEIF.

• Explaining Intermediation Costs of Islamic Banks in OIC Countries. In Hassan, K. (Ed.), Handbook of Empirical Research on Islam and Economic Life. UK: Edward Elgar.

• Testing the Financial Distress Prediction Model for Sukuk-Issuing Companies in Malaysia. In Hassan, K. (Ed.), Handbook of Empirical Research on Islam and Economic Life. UK: Edward Elgar.

• Islamic Money Market. In Islamic Financial System: Principles & Operations. 2nd Ed. Malaysia: ISRA.

Journal Articles

• Are Religious Investors Financially Smart? Evidence From Equity Funds. Journal of Asset Management.

• Performance of Shari’ah Compliant and Non-Shari’ah Compliant Listed Firms: A Case Study of Malaysia. International Journal of Islamic and Middle Eastern Finance and Management 14(1). 128-150.

• Impact of Non-Intermediation Activities of Banks on Economic Growth and Volatility: An Evidence from OIC. The Singapore Economic Review. 1-16.

• Ethical Investments and Financial Performance: An International Evidence. Pacific Basin Finance Journal, 62.

• The Substitution Hypothesis of Agency Conflicts: Evidence on Shariah Compliant Equities. Global Finance Journal, 41. 90-103.

• Nonfinancial Traits and Financial Smartness: International Evidence from Shariah-Compliant and Socially Responsible Funds. Journal of International Financial Markets, Institutions & Money, 56. 201-217.

• Do Profit-sharing Investment Account Holders Provide Market Discipline in an Islamic Banking System? Journal of Financial Regulation, 3(2). 210–232.

• Rationalizing the Value Premium in Emerging Markets. Journal of International Financial Markets, Institutions & Money. 29. 51-70.

• Dynamic Capital Structure under Political Patronage: The Case of Malaysia. International Review of Financial Analysis, 31. 117-128.

• Foreign Exchange Rate Exposure and Impact of Policy Switch: The Case of Malaysian Firms. Applied Economics, 45(20). 2974-2984.

Others

• Islamic-ESG Synergies and Performance. RFI Institute.

• Global Islamic Finance Report 2020-21. Cambridge Global Islamic Finance Report. UK.

• Malaysia: Islamic Finance & Financial Inclusion. World Bank. Washington, D.C.: World Bank Group.

• The Malaysian Journey: Becoming a Global Hub for Islamic Finance. IKAM. Istanbul: IKAM.

• Leveraging Islamic Finance to Achieve Sustainable Development Goals. Islamic Development Bank and the World Bank.

Professional Article

• Impact, Innovation and Digitalization: The Next Frontier for Islamic Asset Management. Islamic Finance News (IFN) Annual Guide 2022.

• Thriving Together for a Better Nation. Malaysian Gazette.

• Integrating Sustainability through Business Model Innovation: A Way Forward for Islamic Financial Institutions. The Halal Journal.

• It’s Time to Act. Malaysian Gazette.

• Islamic Finance in the Age of Digital Transformation. IF Hub, 1. INCEIF.

• Malaysia Not Quite There Yet As A Global Wealth Management Hub. Islamic Finance News (IFN), 13(22).

• Shariah Committee Independence: An Insider’s View. INCEIF Quarterly Research Bulletin, 6.

• Strategic framework for cimb’s small and medium enterprises (smes) financing and development: landscape, opportunities and enablers 
  CIMB Bank, Malaysia, 2018
• Exploring the feasibility of innovative financing and investment platform and business models to realize the potential of renewable energy and energy efficiency in malaysia
  Ministry of Energy, Green Energy, and Water, Malaysia, 2016
• Development of financial distress prediction index and currency denomination for debt issuance companies
  Ministry of Higher Education, Malaysia, 2015