Staff Directory
Academic Qualification
- Doctor of Philosophy (Accounting) - Doctor of Philosophy, International Islamic University Malaysia
- Master on Arts in Corporate Strategy and Governance - Masters Degree, University of Nottingham
- Bachelor of Science in Business Administration - Bachelor Degree, University of Denver
Zulkufly Bin Ramly (Assoc. Prof. Dr.)
Associate Professor
IIUM Gombak Campus
KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES
Other's position:
Deputy Dean, Kulliyyah of Economics and Management Sciences
zul_ramly@iium.edu.my
4677
Expert Profile
Dr. Zulkufly Ramly is an Associate Professor at the Department of Finance. He is currently the Deputy Dean (Postgraduate and Responsible Research) at the Kulliyyah of Economics and Management Sciences. Prior to this he was the Head of MBA Programme at IIUM Graduate School of Management. He was the Academic Advisor of the Finance Department from 2014 to 2016. As the Head of MBA Dr Zul led a Curriculum Review Panel to review the curriculum of MBA in 2021. He was also the Chair of the Curriculum Review Committee for the Bachelor of Science (Islamic Finance) (Honours) from 2016 to 2018.
Dr Zul started his career in IIUM as an Assistant Professor in 2013. Prior to joining IIUM Dr. Zul was an academic staff of the Faculty of Business and Accountancy, University of Malaya (UM) and University Tunku Abdul Rahman (UTAR) for about 6 years and 3 years respectively. He has 8 years industry experience in a global bank operating in Malaysia and has served about 16 years as an academician. He holds a Ph.D. in Accounting specializing in Corporate Governance from IIUM and Master of Arts in Corporate Strategy and Governance from the University of Nottingham, United Kingdom. In 1994, Dr Zul obtained his tertiary qualification in Business Administration (Finance) with Magna Cum Laude from the University of Denver, Colorado, USA.
Dr Zul's research expertise is in the areas of corporate governance, banking and corporate finance. He has supervised to completion an number of MSc and PhD candidates in the areas of corporate governance, corporate finance, risk-taking in Islamic and conventional banks and Shariah boards. He is currently supervising MSc and PhD candidates in the areas of corporate finance, financial literacy, corporate governance, corporate risk-taking, capital structure, financial liberalization and financial stability of banking sector . He had completed two research grants from the Ministry of Education, Malaysia for the research projects on Shariah and corporate governance and Islamic banks' risk-taking and Goods and Services Tax (GST) respectively. He was a co-researcher for a research grant on the study of GST and inflation awarded by PNB Research Institute in 2018. His current research projects are in financial literacy of youths and women entrepreneurs and climate finance.
Dr. Zul co-authored and published university textbooks on business ethics and corporate finance with Oxford University Press. He has published a research book on Value-Added Tax, Country Governance and Economic Efficiency with UM Press. He has also published research papers in Review of Managerial Sciences, Panoeconomicus, Global Economics Review, Economics and Management, UKM Journal of Management, Asia-Pacific Social Science Review, International Journal of Economics and Financial Issues and other refereed journals. He is an ad-hoc article reviewer of Corporate Governance: An International Journal of Business and Society, Asian Journal of Business and Accounting, International Journal of Economics, Management and Accounting, Journal of Accounting Perspective, International Journal of Business and Economics Research, International Journal of Economics and Management, UKM Journal of Management, Malaysian Journal of Economic Studies, Jurnal Ekonomi Malaysia, Asia-Pacific Social Science Review, SAGE Open, and a book reviewer for Oxford University Press.
Dr Zul was an Associate Editor of International Journal of Economics, Management and Accounting (IJEMA) in 2018 prior to his sabbatical leave. In terms of professional contribution, he has been a member of the Assessment Review Panel of the Chartered Secretaries Malaysia, collectively responsible for ensuring the quality and rigor of the professional examination papers of the Chartered Governance Qualifying Programme (CGQP) since 2017. He has taught undergraduate courses in financial management, financial statement analysis, Islamic financing management and bank management. He frequently teaches advanced finance, managerial finance and corporate governance and business ethics at Masters and/or DBA levels.
Area of Specialisation
- Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Corporate Finance - Ownership, Corporate risk-taking, capital structure
- Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Financial Literacy - Spending, investment and savings behaviour, financial education
Teaching Responsibilities
| ADVANCED FINANCE | 2020/2021 2019/2020 |
| BANK MANAGEMENT | 2017/2018 2016/2017 2015/2016 2014/2015 2013/2014 |
| BANK OPERATIONS AND MANAGEMENT | 2022/2023 |
| CORPORATE ETHICS AND GOVERNANCE | 2020/2021 2019/2020 |
| CORPORATE FINANCE | 2020/2021 |
| CORPORATE GOVERNANCE AND ETHICS | 2022/2023 |
| CORPORATE GOVERNANCE, GOVERNMENT & SOCIETY | 2022/2023 2019/2020 |
| ETHICS AND VALUES IN MANAGEMENT | 2022/2023 |
| ETHICS, INTEGRITY & SUSTAINABILITY IN BUSINES | 2022/2023 2021/2022 |
| FINANCIAL MANAGEMENT AND POLICIES | 2019/2020 2018/2019 |
| FINANCIAL MANAGEMENT I | 2013/2014 |
| FINANCIAL MANAGEMENT II | 2020/2021 2019/2020 2018/2019 2017/2018 |
| FINANCIAL STATEMENT ANALYSIS | 2017/2018 2016/2017 2013/2014 |
| FUNDAMENTALS OF FINANCIAL MANAGEMENT | 2021/2022 |
| INTERMEDIATE FINANCIAL MANAGEMENT | 2021/2022 |
| ISLAMIC FINANCING MANAGEMENT | 2020/2021 2016/2017 2015/2016 |
| MANAGERIAL FINANCE | 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016 2013/2014 |
| RISK MANAGEMENT OF ISLAMIC FINANCIAL INSTITUTIONS | 2022/2023 |
Research Projects
Completed
| 2015 - 2019 | Modelling the Effect of Shari?ah Governance, Risk Governance and Corporate Governance in Predicting Risk-Taking Behaviour of Malaysian Islamic Banks |
| 2015 - 2015 | Malaysia Islamic Finance Education Report (MIFER) |
On-Going
| 2018 - Present | China's Outbound Direct Investment And The World Economic |
| 2018 - Present | The Effect of Goods and Services Tax on Inflationary Episode |
| 2016 - Present | Modelling Risk-Taking Behaviour of Islamic and Conventional Banks |
Award & Recognition
| 15 Aug, 2015 | Best Paper Award - Kuala Lumpur International Business, Economics and Law Conference 7 (KLIBEL7) | International |
Publications
Article
Conference or Workshop Item
| 2015 | Gender diversity, board monitoring and bank efficiency in ASEAN-5. In: 7th Kuala Lumpur International Business, Economics and Law Conference 7 (KLIBEL7), |
| 2015 | Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance. In: The International Conference on Economics, Accounting and Business Management (EABM 2015), |
| 2014 | Board governance, diversity and efficiency: evidence from ASEAN-5 commercial banks . In: The UUM International Conference on Governance 2014 (ICG 2014), |
| 2014 | Model of good corporate governance: a study of commercial banks in ASEAN5. In: 12th International Conference on Data Development Analysis, |
Book
| 2022 | Tax reform and inflationary episode. IIUM Press, ISBN: 9789674911997 |
| 2021 | Financial Intelligence. -, ISBN: |
| 2019 | Value-added tax, country governance and economic efficiency. University of Malaya Press, ISBN: 978-967-488-077-4 |
| 2018 | Business ethics, 2nd edition. Oxford University Press, ISBN: 978-983-47-2621-8 |
| 2018 | Corporate finance: an Asian perspective. Oxford University Press, ISBN: 9789672113294 |
| 2016 | Malaysia: Islamic finance education report (MIFER) 2015. UUM Press, ISBN: 9789671390313 |
| 2014 | Business ethics. Oxford University Press, ISBN: 978 983 47 1271 6 |