Staff Directory


Romzie Bin Rosman

Academic Qualification

  • Doctor of Philosophy (Islamic Banking & Finance) - Doctor of Philosophy, International Islamic University Malaysia
  • Master of Business Administration (Islamic Banking Finance) - Masters Degree, International Islamic University Malaysia
  • Bachelor of Arts in Accounting and Finance - Bachelor Degree, University of Lancaster

Romzie Bin Rosman (Assoc. Prof. Dr.)

Associate Professor
IIUM Gombak Campus

INSTITUTE OF ISLAMIC BANKING AND FINANCE

Other's position:

Deputy Dean, Institute of Islamic Banking and Finance

romzie@iium.edu.my
4714


Expert Profile


Associate Professor Dr Romzie Rosman serves at the IIUM Institute of Islamic Banking and Finance (IIiBF). He was a Deputy Director of the Office for Strategy and Institutional Change (OSIC) from August 2021 to June 2023. He is the Deputy Dean (Responsible Research & Innovation) of IIiBF. Apart from supervising PhD candidates in the Islamic banking and finance programme, he teaches Islamic banking and finance subjects at the postgraduate level, particularly on Islamic financial systems, accounting for Islamic financial institutions, financial management analysis, and Islamic wealth management. His research interests are Islamic banking and finance, Islamic financial transactions, accounting for Islamic finance, Shariah non-compliance risk management, governance, and Islamic social finance. His intellectual contributions include publishing research papers in Malaysia and at the international level and issuing policy working papers, book chapters, and articles in magazines and bulletins. He is also an active associate member of the Malaysian Institute of Accountants, the Association of Shariah Advisors in Islamic Finance, and the International Council of Islamic Finance Educators. In addition, he is also the elected editorial board member of the International Journal of Islamic Business and an associate editor of the Journal of Islamic Accounting and Business Research. At IIUM, he receives multiple awards from the university management for his outstanding achievements. These include the High Impact Responsible Innovation Award 2022, Most Promising Researcher Award 2021, Community Engagement Award 2021, and Flagship Project Overall Award for Islamic Social Finance for B40 Community 2020.



Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Islamic Banking - Accounting & Risk


Professional Membership


  • 2017: Member of Profesional Body / Association: (Associate Member), Association of Shariah Advisors in Finance
  • 2017: Member of Profesional Body / Association: (Ordinary Member), International Council of Islamic Finance Educators (ICIFE)
  • 2017: Member of Profesional Body / Association: (Associate Member), Malaysian Institute of Accountants


Teaching Responsibilities


ACCOUNTING AND RISK REPORTING FOR ISLAMIC FINANCIAL SERVICES 2022/2023
ACCOUNTING FOR ISLAMIC FINANCIAL INSTITUTIONS 2021/2022 2020/2021 2018/2019
BUSINESS MATHEMATICS AND STATISTICS 2019/2020
FINANCIAL MANAGEMENT ANALYSIS 2019/2020 2018/2019
ISLAMIC FINANCIAL SYSTEM 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019
ISLAMIC WEALTH MANAGEMENT 2021/2022 2020/2021 2019/2020
PRINCIPLES OF ACCOUNTING AND FINANCE 2022/2023 2021/2022
USRAH IN ACTION 1 2022/2023
USRAH IN ACTION 2 2022/2023


Research Projects


Completed
2022 - 2023 Leadership and Insan Sejahtera
2021 - 2022 Applied Maqasid of Shariah Framework for Validating the Substance of Islamic Financial Instruments: An Accounting Perspective
2021 - 2022 Integrated and Sustainable Agriculture Farming (InSAF) @PPR Gombak Setia
2021 - 2023 Exploring the Potential of Islamic Microfinance to Improve Financial Condition for Low-Income Households in Perlis
2019 - 2022 Islamic Social Finance Framework for B40 in achieving Sustainable Development Goal 1.
2019 - 2022 Expanding the Waqf Collections and Performance Through Fintech: The Industry 4.0 Wave
On-Going
2023 - Present ROLE OF MICRO-TAKAFUL PRODUCTS IN IMPROVING THE FINANCIAL STATUS OF SINGLE MOTHERPRENEURS IN THE B40 COMMUNITY
2023 - Present ROLE OF MICRO-TAKAFUL PRODUCTS IN IMPROVING THE FINANCIAL STATUS OF SINGLE MOTHERPRENEURS IN THE B40 COMMUNITY
2023 - Present A Bibliometric Analysis of the Research Trends in Micro-Takaful and Woman Entrepreneurship
2023 - Present Microfinance Impact Study Measurement Performance and Effectiveness: A Case of Bank Kerjasama Rakyat Malaysia Berhad
2022 - Present Crowdfunding in Islamic Sustainable Finance: A Review
2021 - Present IMPACT ANALYSIS ON ISLAMIC SOCIAL FINANCE AND CORPORATE SOCIAL RESPONSIBILITY ACTIVITIES: A CASE OF BPMB DURING COVID-19 PANDEMIC
2020 - Present ESTABLISHING NURSERY AND SOCIAL ENTERPERISE FOR MALAYSIA RARE FRUIT TREES SEEDLING TO EMPOWER THE INDIGENOUS PEOPLE OF KAMPUNG SUNGAI DUA OLAK, PAHANG


Award & Recognition


12 Oct, 2022 Productivity Champion - Category: Talent - Others National
12 Sep, 2022 Certificate of Recognition at IIUM Grand Community Engagement 2022 Project Day - Islamic Social Finance for B40 Community 2.0 Project - International Islamic University Malaysia University
10 Aug, 2022 Certificate of Research Excellent: Innovation (Gold) - IIUM Institute of Islamic Banking and Finance KCDIO
10 Aug, 2022 Certificate of Research Excellent: Networking and Linkages (Bronze) - IIUM Institute of Islamic Banking and Finance KCDIO
10 Aug, 2022 Certificate of Research Excellent: Quality of Researcher (Silver) - IIUM Institute of Islamic Banking and Finance KCDIO
27 Jul, 2022 IIUM Takrim Award 2022 - High Impact Responsible Innovation Award (Social Sciences) - International Islamic University Malaysia University
30 May, 2022 Responsible Research and Innovation Appreciation Day 2022 - High Impact Responsible Innovation Award (Social Sciences) - International Islamic University Malaysia University
28 Jun, 2021 Community Engagement Award - IIUM Institute of Islamic Banking and Finance KCDIO
28 Jun, 2021 Most Promising Researcher Award (Bronze) - IIUM Institute of Islamic Banking and Finance KCDIO
03 Dec, 2020 Best Paper Award - 2nd Asean Business, Engineering and Technology Symposium: Synergising Business, Engineering and Technology Towards New Normal Post Covid-19 International
26 Nov, 2020 Best Paper Award - 8th ASEAN International Conference on Islamic Finance 2020 International
09 Jul, 2020 IIUM Takrim Award 2020: Flagship Project Award Overall - International Islamic University Malaysia University


Publications


Article

2023 Analysis of Umer Chapra thought on Islamic monetary instruments in Indonesia: a vector autoregressive (VAR) and vector error correction model (VECM) approach. Albukhary Social Business Journal, 4 (1) pp. 65-83
2023 The determinants of financial technology adoption amongst Malaysian waqf institutions. International Journal of Social Economics, 50 (9) pp. 1302-1322
2023 The role of zakat distribution on the sustainability of gharimin (genuine debtors) in Islamic financial institutions in Malaysia. Journal of Islamic Accounting and Business Research, () pp. 1-21
2022 Enhancing Waqf management through fintech in Malaysia: a conceptual framework on the Technology Acceptance Model (TAM). Journal of Emerging Economies and Islamic Research, 10 (2) pp. 62-73
2022 IIUM flagships: sharing and learning of knowledge with the community. PIMA Bulletin, (41 - March 2022) pp. 31-34
2022 Islamic social finance and sustainable development goals: issues and challenges. Journal of Islamic Finance, 11 (2) pp. 56-67
2022 Performance of Islamic banks based on maqasid al-sharīʿah: a systematic review of current research. Journal of Islamic Accounting and Business Research, () pp. 1-22
2021 Corporate social responsibility and Islamic and conventional banks performance: a systematic review and future research agenda. Journal of Sustainable Finance & Investment, () pp. 1-21
2021 Issues and challenges of financial inclusion among low-income earners in rural areas of Malaysia. Turkish Journal of Islamic Economics, 8 (Special Issue) pp. 277-299
2021 Sharīʿah non-compliant income disclosures and the moral legitimacy strategies of Islamic banks. Journal of Islamic Accounting and Business Research, () pp.
2020 Correction to: prediction accuracy improvement for Bitcoin market prices based on symmetric volatility information using artificial neural network approach (Journal of Revenue and Pricing Management, (2020), 10.1057/s41272-020-00229-3). Journal of Revenue and Pricing Management, () pp.
2020 Fraud risk management model: a content analysis approach. Journal of Asian Finance, Economics and Business, 7 (10) pp. 717-728
2020 Prediction accuracy improvement for Bitcoin market prices based on symmetric volatility information using artificial neural network approach. Journal of Revenue and Pricing Management, () pp.
2020 Protecting the interest of profit-sharing investment account holders in Islamic banks: the Nigerian experience. International Conference in Technology, Engineering, Sciences and Humanities (IJRTESH), 1 (1) pp. 1-8
2020 The determinants of foreign direct investment in Central Asian region: A case study of Tajikistan, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan (A quantitative analysis using GMM). Russian Journal of Economics, 6 (2) pp. 162-176
2020 The impact of corporate social responsibility on stock price volatility of the US banks: a moderating role of tax. Journal of Financial Reporting and Accounting, 19 (1) pp. 77-91
2020 Value-based intermediation and realisation of maqasid al-shariah: issues and challenges for Islamic banks in Malaysia. Advanced International Journal of Banking, Accounting and Finance, 2 (5) pp. 34-44
2019 Personality factors influencing intention on cash waqf behavior. International Journal of Business, Economics and Law, 18 (2) pp. 23-30
2019 The impact of zakat contribution on the financial performance of Islamic banks in Malaysia. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic Banking and Finance () pp. 1-21
2016 Guest editorial: shariah and financial reporting practices. Journal of Islamic Accounting and Business Research, 7 (3) pp. 186-189
Conference or Workshop Item

2022 An analysis of the impact of Islamic microfinance among Asnaf. In: 10th ASEAN International Conference on Islamic Finance (10th AICIF 2022),
2022 Potential of Islamic microfinance: issues, challenges and way forward. In: 10th ASEAN International Conference on Islamic Finance (10th AICIF 2022),
2021 Implementation of Moratorium by Islamic Banks During the Covid-19 Pandemic: Maqasid Shariah Perspective. In: The 5th International Conference on Business and Economics,
2020 Efficiency and effectiveness of zakat distribution for socio-economic benefits and wellbeing of zakat recipients. In: Islamic Social Finance: Pandemic Crisis and Possible Solutions,
2020 Financial reporting of waqf institutions. In: Islamic Social Finance Outreach Programme (ISFO 2020),
2020 Internet of things-based smart facilities management services successful implementation instrument development, validity, and reliability. In: 6th International Conference on Research and Innovation in Information Systems: Empowering Digital Innovation, ICRIIS 2019,
2020 Issues and challenges of financial inclusion among B40 in the rural areas of Malaysia. In: International Conference on Islamic Social Finance: Pandemic Crisis and Possible Solutions,
2020 Microtakaful for B40 community: a sustainable tool during Covid-19 pandemic. In: 8th ASEAN Universities International Conference on Islamic Finance ( 8th AICIF) 2020,
2020 Protecting the interest of profit-sharing investment account holders in Islamic banks: the Nigerian experience. In: Conference on Business and Technology (ICBT 2020),
2020 Sustainable zakat framework to alleviate poverty for refugees. In: Islamic Social Finance Outreach Programme (ISFO 2020),
2020 The moderating effect of risk tolerance on the intention of profit-sharing investment account holders to patronise Islamic banks in Nigeria: a proposed framework. In: Islamic Social Finance: Pandemic Crisis and Possible Solutions (ISFPCPS 2020),
2019 Do bank customers prefer profit sharing investment accounts? a proposed conceptual framework. In: The 7th ASEAN Universities International Conference on Islamic Finance (AICIF 2019),
2019 Profit sharing investment account: an avenue for halal investment. In: INHART Seminar Series 6/2019,
2019 The role of Islamic finance educators in promoting education for sustainable development: an exploratory study. In: International Language and Tourism Conference 2019,
Book

2020 Accounting for Islamic finance. Malaysian Institute of Accountants, ISBN: 978-967-11317-9-4
Book Section

2023 An analysis of the impact of Islamic microfinance among asnaf. In: Springer, ISBN: 978-3-031-27859-4, pp. 177-183
2023 Potential of Islamic microfinance: issues, challenges, and way forward. In: Springer, ISBN: 978-3-031-27859-4, pp. 157-166
2023 The Presentation and Disclosure of Islamic Banks’ Financial Statements: A Comparative Analysis of IFRS and AAOIFI Financial Accounting Standards. In: Springer, ISBN: 978-3-031-27859-4, pp. 473-482
2021 Risk mitigation for cash Waqf collection using financial technology and Internet of Things. In: Routledge, ISBN: , pp. 210-221
2021 The role of Islamic microfinance in eradicating the impact of COVID-19 on socio-economic wellbeing in Nigeria. In: Routledge Taylor & Francis Group, ISBN: 9780367639938, pp. 199-213
2021 The role of zakat to alleviate poverty of refugees in Malaysia: issues and challenges. In: IGI Global, ISBN: 9781799868118, pp. 47-66
2019 Fintech and its impact on Islamic fund management in Malaysia: a legal viewpoint. In: Emerald Publishing, ISBN: 978-1-78973-546-8, pp. 223-246
2019 Fintech and its impact on Islamic fund management in Malaysia: a legal viewpoint. In: Emerald Publishing, ISBN: 978-1-78973-546-8, pp. 223-246
2019 Issues in reporting of Ijarah financing in financial statements. In: UMK Press, Universiti Malaysia Kelantan, ISBN: 978-967-2229-57-5, pp. 111-130
2019 Issues in reporting of Ijarah financing in financial statements. In: UMK Press, Universiti Malaysia Kelantan, ISBN: 978-967-2229-57-5, pp. 111-130
2019 Reporting of profit sharing investment account in financial statement of Islamic banking institution. In: UMK Press, Universiti Malaysia Kelantan, ISBN: 978-967-2229-57-5, pp. 95-110
2019 Reporting of profit sharing investment account in financial statement of Islamic banking institution. In: UMK Press, Universiti Malaysia Kelantan, ISBN: 978-967-2229-57-5, pp. 95-110