Staff Directory


Mohd. Nizam Bin Barom

Academic Qualification

  • Doctor of Philosophy in Islamic Finance - Doctor of Philosophy, Durham University
  • Master of Economics - Masters Degree, Universiti Malaya (UM)
  • Bachelor of Economics - Bachelor Degree, International Islamic University Malaysia

Mohd. Nizam Bin Barom (Assoc. Prof. Dr.)

Associate Professor
IIUM Gombak Campus

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES


mohdnizam@iium.edu.my
4623


Expert Profile


Mohd Nizam Barom obtained his B. Economics (Hons) from IIUM in 2000 and M. Economics from University of Malaya in 2003. He then completed his PhD from Durham University in the area of Islamic economics and finance in 2013.
Presently Dr Mohd Nizam is an Assistant Professor at the Department of Economics, Kulliyyah of Economics and Management Sciences, and a Research Fellow at the Centre for Islamic Economics (CIE), International Islamic University Malaysia. Among the courses that he has taught at IIUM include Principles of Microeconomics, Principles of Macroeconomics, Managerial Economics, Foundation of Islamic Economics and Malaysian Economy at the undergraduate level, and Islamic Capital Market, Ethics and Values for Managers and Comparative Business Ethics at the post-graduate level. Since 2013, he was appointed as an Academic Advisor at KENMS.
His research interests are in the area of giving behaviour, voluntary/third sector, ethics in Islamic finance, and Islamic economics education. He joined the Centre for Islamic Economics as a Research Fellow in 2013 and actively involved in various research activities as principal and co-researcher. Some of the ongoing projects include 'Analysis of Giving Behaviour and Donors' Perception Towards Financing Higher Education' (part of LRGS programme), 'Socioeconomic Impact of Shari'ah Compliant Hospitality and Services for Malaysia and Muslim Communities (NRGS), 'Exploring the Conceptual & Practical Dimensions of a 3 Sector Socio-Economic Transformation Model (3SETM) for Malaysia' (ERGS), and 'Conceptualising an Integrated Framework for Social Responsibility of Islamic Finance in a Thre-Sector Economic Model' (RIGS).
He is also involved in a series of regional workshops on Islamic economics education organised by CIE involving higher learning institutions in Southeast Asia, and currently assisting in the publication of CIE's series on Islamic Economics Education in Southeast Asia since 2013.


Teaching Responsibilities


COMPARATIVE BUSINESS ETHICS 2014/2015
ETHICS AND VALUES IN MANAGEMENT 2014/2015 2013/2014
FOUNDATION OF ISLAMIC ECONOMICS 2017/2018 2016/2017
INTRODUCTION TO ECONOMICS 2006/2007 2005/2006 2004/2005 2003/2004 2002/2003
INTRODUCTORY ECONOMICS FOR ENGINEERING 2005/2006 2003/2004
ISLAMIC CAPITAL MARKET 2023/2024
ISLAMIC CAPITAL MARKETS 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019 2017/2018 2014/2015
MALAYSIAN ECONOMY 2023/2024 2022/2023 2021/2022 2017/2018 2015/2016 2014/2015 2013/2014
MANAGERIAL ECONOMICS 2017/2018 2014/2015 2013/2014
PRINCIPLE OF MICROECONOMICS 2017/2018 2014/2015
PRINCIPLES OF MACROECONOMICS 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019 2017/2018 2016/2017 2013/2014 2012/2013 2011/2012 2006/2007
PRINCIPLES OF MICROECONOMICS 2020/2021 2019/2020 2018/2019 2016/2017 2015/2016 2014/2015 2013/2014 2012/2013 2011/2012 2005/2006 2004/2005 2003/2004 2002/2003


Supervision


Constructing Social Indicator Framework With Islamic Perspective For Sustainable Development: The Case Study Of Sudan.
Ph.D Completed 2022 Co-supervisor
Conventional And Islamic Business Coaching: Impact On Small Business Performance In Indonesia.
Ph.D Completed 2020 Co-supervisor
The Role Of Islamic Banking In Promoting Inclusive Growth In Malaysia.
Ph.D In Progress Supervisor Supervisory Committee
The Role And Impact Of Philanthropic Foundations Towards Advancing Sdgs In Malaysia.
Ph.D In Progress Main Supervisor
Industrialization And Trade Among Oic Countries.
Ph.D In Progress Main Supervisor
A Maqasid Based Welfare Index For Indonesia: An Empirical Analysis On A Proposed Framework.
Ph.D In Progress Co-supervisor
Social Impact Bonds For Funding The Sustainable Development Goals (Sdg): Lessons For Malaysia .
Master Completed 2021 Main Supervisor
An Exploratory Study Of Justice As A Cardinal Virtue Of Universal Man.
Master Completed 2021 Co-supervisor
Integrating The Third Sector Into A Three-Sector Economic Framework: Towards Enhancing Social Welfare In An Islamic Economy.
Master Completed 2018 Main Supervisor
R-Examining The Economic Agent Concept As The Microfoundation For Islamic Economics.
Master Completed 2017 Co-supervisor
Student'S Decision Making And Satisfaction In Class Selection And Enrollment.
Master Completed 2014 Co-supervisor


Research Projects


Completed
2019 - 2020 Innovative Financing for Sustainable Development Goals
2019 - 2020 Kajian Peluang Pekerjaan Orang Kurang Upaya (OKU) di Malaysia
2019 - Review of Influential Works in Islamic Economics
2018 - 2020 PRINCIPLE OF MICROECONOMICS FROM ISLAMIC PERSPECTIVES
2016 - 2020 Student's Decision Making in Class Selection and Enrolment
2015 - 2019 Conceptualising an Integrated Framework for Social Responsibility of Islamic Finance within a Three-Sector Economic Model
2013 - 2022 Socio Economic Impact of Shari'ah Compliant Hospitality and Services on Malaysia and Muslim Communities
2013 - 2016 Exploring the Conceptual and Practical Dimensions of a 3 Sector Socio-Economic Transformation Model (3s SETM) for Malaysia
2013 - Islamic Economic Framework for Waqf: Lessons from History,Comparative Best Practices and Developing Contemporary Models
On-Going
2023 - Present Can Zakat, Waqf, Sadaqat, Baitul Maal Institutions be used to Protect Public Health? Proposition of an Integrated Model Using Analytic Hierarchy Process


Publications


Article

2024 A critical analysis of the existing: Maqasid-based welfare indices. Journal of Contemporary Maqasid Studies, 3 (1) pp. 107-124
2021 Financial inclusion and the goal of distributive justice in Islamic economics. Journal of Muamalat and Islamic Finance Research, 18 (1) pp. 66-77
2019 A critical analysis of social development: features, definitions, dimensions and frameworks. Asian Social Science, 16 (1) pp. 14-21
2019 Framing the Social Responsibility Role of Islamic Financial Institutions within a Three-sector Economic Model. Humanities and Social Sciences Reviews, 7 (1) pp. 180-188
2019 Islamic business coaching from the perspective of Indonesian coaches. International Journal of Modern Trends in Social Sciences, 2 (8) pp. 174-187
2019 Students’ decision making in class selection and enrolment. International Journal of Educational Management, 33 (4) pp. 587-603
2019 Towards the definition and analysis of social component of sustainable development. International Journal of Asian Social Science, 9 (4) pp. 318-326
2019 Understanding socially responsible investing and its implications for Islamic investment industry. Journal of Emerging Economies and Islamic Research, 7 (1) pp. 1-13
2019 Understanding the motivation to invest: a profile analysis of Islamic funds' investors. The Journal of Muamalat and Islamic Finance Research, 16 (2) pp. 48-59
2018 Conceptualizing a unified normative framework for social responsibility in Islamic Economics. International Journal of Economics, Management and Accounting, 26 (2) pp. 329-363
2013 Conceptualizing a strategic framework of social responsibility in Islamic economics. International Journal of Economics, Management and Accounting, 21 (1) pp. 65-95
Conference or Workshop Item

2023 Teaching principles of macroeconomics with Islamic inputs: the experience of IIUM. In: Workshop on Teaching Macroeconomics from Islamic Perspective,
2014 The impact of stock delisting from the Shari'ah-compliant list: evidence from Bursa Malaysia. In: 2nd ASEAN International Conference on Islamic Finance (2nd AICIF),
2013 Maqasid, social responsibility and Islamic investment. In: 2nd Applied International Business Conference 2013 (AIBC 2013),
2012 Conceptualising a unified normative framework of social responsibility in Islamic economics. In: IIUM Research, Invention and Innovation Exhibition 2011,
Book

2018 Islamic economics: principles & analysis. International Shari’ah Research Academy for Islamic Finance (ISRA), ISBN: 978-967-16568-2-2
2016 Essential perspectives in Islamic economics and finance. Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM) and Islamic Research and Training Institute (IRTI) @Islamic Development Bank, ISBN: 978-983-44368-1-8
2013 Islamic economics education in Southeast Asian universities. Centre for Islamic Economics, International Islamic University Malaysia & International Institute of Islamic Thought, ISBN: 978-983-44600-1-3
2009 Urban poverty: a case study of major cities in Malaysia. IIUM Press, ISBN: 9789833855803
Book Section

2016 Conceptualizing a strategic framework of social responsibility in Islamic economics. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM) and Islamic Research and Training Institute (IRTI) @Islamic Development Bank, ISBN: 978-983-44368-1-8, pp. 139-172
2016 Essential perspectives in Islamic economics and finance: an introduction. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM) and Islamic Research and Training Institute (IRTI) @Islamic Development Bank, ISBN: 978-983-44368-1-8, pp. 1-24
2016 Screening strategies for social responsibility concern in Islamic equity investment. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM) and Islamic Research and Training Institute (IRTI) @Islamic Development Bank, ISBN: 978-983-44368-1-8, pp. 397-420
2015 Social responsibility dimension in Islamic investment: a survey of investors' perspective in Malaysia . In: Bloomsbury Qatar Foundation, ISBN: 978-9927-118-24-1, pp. 91-104
2015 Social responsibility dimension in Islamic investment: a survey of investors' perspective in Malaysia . In: Bloomsbury Qatar Foundation, ISBN: 978-9927-118-24-1, pp. 91-104
2013 Islamic economics education in Southeast Asian universities: an introduction. In: Centre for Islamic Economics, International Islamic University Malaysia & International Institute of Islamic Thought, ISBN: 9789834460013, pp. 1-9
2013 Selected issues in Islamic economics education and the way forward. In: Centre for Islamic Economics, International Islamic University Malaysia & International Institute of Islamic Thought, ISBN: 9789834460013, pp. 291-302
Monograph

2019 Conceptualising an integrated framework for social responsibility of Islamic finance within a three-sector economic model. In: ,