Staff Directory


Ahmad Bin Khaliq

Academic Qualifications

  • Ph.D in Finance - Doctor of Philosophy, Universiti Teknologi Malaysia (UTM)
  • Master of Science ( Finance ) - Masters Degree, International Islamic University Malaysia
  • Bachelor of Business Administration (Honours) - Bachelor Degree, International Islamic University Malaysia

Ahmad Bin Khaliq (Dr.)

Assistant Professor
IIUM Gombak Campus

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES

Other's position:

Coordinator, Kulliyyah of Economics and Management Sciences

ahmadkhaliq@iium.edu.my
4715


Expert Profile



Ahmad Khaliq emerges as a vibrant inspiration weaving between the roles of researcher and educator in the area of Finance discipline. His odyssey commenced with the acquisition of a Bachelor of Business Administration (Hons) from the esteemed institution of International Islamic University Malaysia (IIUM) in 2009, thus marking the genesis of his scholarly voyage. Venturing forth into the industry, Ahmad Khaliq's expedition commenced in 2010 as he embarked upon a career with Measat Broadcast Network System Bhd, harvesting invaluable insights along the way. Undeterred by the allure of corporate realms, his thirst for knowledge propelled him to further horizons, culminating in the attainment of a Master of Science (MSc) in Finance from IIUM, followed by a resolute pursuit of a Doctor of Philosophy (PhD) at the prestigious Azman Hashim Business School, UTM. Here, amidst the scholarly outwork, he meticulously cultivated his dissertation, delving into the intricate realms of Waqf financing and capital markets. His passion found its crescendo in the dissemination of knowledge, as evidenced by his contributions to academic discourse. His scholarship found expression in numerous papers and journals, gracing both local and international symposiums with his scholarly expositions. The research area of interest includes Islamic banking and finance, financial management, Takaful, Waqf financing and corporate finance. Noteworthy among his recognition is the distinguished paper award bestowed upon him at the 2015 International Symposium on Business and Management – Fall Season, held in the cultural embrace of Kyoto, Japan. Further, his scholarly odyssey was furnish with the honor of the best paper award at the 10th Foundation of Islamic Financial Conference (FIFC) hosted by Sunway University in 2019. Similarly, his intellectual acumen was celebrated at the 10th Asean International Conference on Islamic Finance (AICIF 2022), where his discourse on the Takaful industry merited the coveted best paper award. Presently position within the honored halls of academia, Ahmad Khaliq adorns the responsibility of an Assistant Professor at the Department of Finance, Kulliyyah of Economics and Management Sciences, IIUM, since August 2020. He is passionate about people's empowerment especially in education and enriches fellowship to realize their abilities and potential for greater qualities of lives.


Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Financial Management - Finance
  • Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Islamic Insurance - Takaful


Teaching Responsibilities


FOUNDATION OF ISLAMIC FINANCE 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021
FUNDAMENTALS OF FINANCIAL MANAGEMENT 2022/2023
PRINCIPLES AND PRACTICES OF TAKAFUL 2024/2025 2023/2024 2021/2022 2020/2021
PRINCIPLES AND PRACTICES OF WAQF 2024/2025
SEMINAR IN FINANCE 2024/2025 2023/2024 2022/2023


Supervision


Fostering Agricultural Development In Al-Gezira, Sudan: Investigating Influential Factors In Farmers’ Intentions To Engage With Islamic Cooperative.
Ph.D In Progress Member Supervisory Committee
Factors Influencing Consumers Acceptance Of Cashless Transaction : A Study From Banking Perspective.
Ph.D In Progress Main Supervisor
A Proposed Strategies Prioritization And Cash Waqf Model To Leverage Cash Waqf For Infrastructure Funding In Ensuring The Sustainability Of Indonesian Budget.
Ph.D In Progress Co-supervisor
Proposing A Method Of Calculating The Cost Of Default For Islamic Financing Which Is In Line With The Maqasid Shariah.
Ph.D In Progress Co-supervisor
Determinants Of Customer Intention To Subscribe The Educational Takaful Scheme : Malaysian Perspective.
Master In Progress Co-supervisor


Research Projects


Completed
2024 - 2025 Transformative Impact: Unveiling Malaysia's Exemplary Case Study on Social Finance Initiatives in Islamic Banking and Finance
2021 - 2022 Penambahbaikan Pengaksesan Kewangan Perusahaan Mikro di Terengganu Melalui Kerangka Pendanaan Awam Islamik (Islamic Crowdfunding)
2021 - 2022 Modelling the Drivers of Residential Price in Malaysia
On-Going
2024 - Present Transforming Selected Commercial Food Services into Non-Profit Entities for B40 Households in Malaysia: Developing a Waqf-Driven Model for Sustainable Food Service Operations in Malaysia Madani Framework
2024 - Present Sustainable Waqf Retakaful Model as Retakaful Operational Obstacles: Malaysian Perspective
2022 - Present Phase 1 of Prototype Development of Student-Centred Crowdfunding Platform for Entrepreneurship Project Activities
2020 - Present Modelling Remedies to Waqf Liquidity Constraints: The Case of Waqf Unit Trust


Awards & Recognition


22 Apr, 2025 Best Presenter Award - 4th International Conference on Islamic Economics 2025 - Selangor Islamic University International
08 Oct, 2024 Hak Cipta (Push-Pull Mooring Determinants of Non-Muslims' Withdrawal from Islamic Banking: Evidence From Malaysia) - Federal Government of Malaysia National
17 Jul, 2024 HIGH CITATION IN INDEXED JOURNAL AWARD - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
22 Dec, 2022 Best Paper Award - IIUM Institute of Islamic Banking and Finance (IIiBF) International
28 Nov, 2019 Best Paper Award for "?Continuous Adoption of Internet Banking: Evidence from Islamic Banking in Malaysia? - 10th Foundation of Islamic Finance Conference/Symposium ? Sunway University, Bandar Sunway, Malaysia (28th November 2019). University
08 Oct, 2015 Distinguished Paper Award on ?Evaluating Malaysian Islamic Banks? Service Quality: An Importance-Performance Analysis Approach? - Others University


Publications


Articles

2025 Modelling remedies to waqf liquidity constraints: the case of waqf unit trust model (WUTM). Labuan e-journal of muamalat and society, 19 (1) pp. 49-67
2024 Inter-civilizational issues and the factors affecting interfaith relationships: a study of Muhammad Hamidullah’s contributions. Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization (ISTAC), 2024: Special Issue () pp. 263-293
2024 Push – pull – mooring determinants of non-Muslims’ withdrawal from Islamic banking: evidence from Malaysia. International Journal of Islamic and Middle Eastern Finance and Management, 17 (1) pp. 195-212
2022 International passenger perception on airport branding strategy: evidence from Malaysia. International Journal of Economics, Management and Accounting, 30 (1) pp. 1-25
2022 Practitioners suggestions to overcome the Shari'ah audit challenges in Malaysian Islamic financial institutions. International Journal of Islamic Economics and Finance Research (IJIEFER), 5 (2) pp. 1-12
2022 Waqf land and sukuk framework for waste disposal management – a conceptual study. Labuan E-Journal of Muamalat and Society, 16 () pp. 1-12
2021 Drivers of Ar-Rahnu (pawn) acceptance: Malaysian evidence. Journal of Islamic Marketing, 12 (7) pp. 1241-1259
2021 Exploring the drivers of social media marketing in Malaysian Islamic banks an analysis via smart PLS approach. Journal of Islamic Marketing, 12 (1) pp. 145-165
2020 A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia. Jurnal Ekonomi & Keuangan Islam, 6 (1) pp. 10-23
2020 Cash waqf model for micro enterprises’ human capital development. ISRA International Journal of Islamic Finance, 13 (1) pp. 66-83
2020 Political connections and firm performance: evidence from Indonesia. International Journal of Economics and Management, 14 (1) pp. 27-42
2019 A proposed Integrated Zakat-Crowdfunding Model (IZCM) for effective collection and distribution of zakat fund in Malaysia. International Journal of Zakat and Islamic Philanthropy (IJZIP), 1 (2) pp. 1-12
2019 Literacy on the fundamental information of zakah. International Journal of Zakat and Islamic Philanthropy (IJZIP), 1 (2) pp. 103-116
2019 Waqf unit trust as an alternate model to realize waqf sustainability. European Journal of Islamic Finance (EJIF), 13 (August) pp. 1-8
2018 The determinants of dividend payout: evidence from the Malaysian property market. IQTISHADIA Jurnal Kajian Ekonomi dan Binis Islam, 11 (1) pp. 27-46
2017 Dynamic causal relationship between Islamic banking and economic growth: Malaysian evidence. European Journal of Islamic Finance, (No 8 (2017): EJIF - European Journal of Islamic Finance, 8, 2017) pp. 1-10
2017 Interest rate risk management and Islamic Banking: Evidence from Malaysia. Journal of Islamic Finance, 6 (1) pp. 16-30
2014 Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC). International Journal of Economics, Finance and Management, 3 (3) pp. 141-150
2012 Case of Pilgrimage Funds Management Board (Lembaga Urusan Tabung Haji). IIUM Journal of Case Studies in Management, 3 (2) pp. 17-31
Conference or Workshop Items

2023 How Islamic social finance can sustain blue economy industry: exploring the conceptual and practical dimensions. In: International Conference on Achieving Ocean Equity: Innovative, Fair, Inclusive, and Sustainable Strategies and Blue Impact Investments,
2022 Modelling the behavioral intention of citizens to use integrated civic crowdfunding model (ICCM) as source of financing smart city development in Indonesia. In: 10th Gadjah Mada International Conference on Economics and Business (GAMAICEB),
2019 A proposed integrated zakat-crowdfunding model (IZCM) for effective collection and distribution of zakat fund in Malaysia. In: 1st Kedah International Zakat Conference 2019 (KEIZAC 2019),
2019 Continuous adoption of internet banking: evidence from Islamic banks in Malaysia. In: 10th Foundation of Islamic Finance Conference,
2019 Empowering waqf financing sustainability through capital market in Malaysia: a review. In: 10th Foundation of Islamic Finance Conference 2019,
2019 Literacy of zakah: case of Malaysia. In: 1st Kedah International Zakat Conference 2019 (KEIZAC 2019),
2019 Modelling customers’ loyalty towards adopting Islamic mobile banking services. In: 10th Foundation of Islamic Finance Conference 2019,
2019 Political connections and firm performance: evidence from Indonesia. In: The 21st Malaysian Finance Association Conference 2019 (MFAC 2019),
Books

2021 Economics and management sciences: reflections on humanizing education. Kulliyyah of Economics and Management Sciences IIUM, ISBN: 978-967-26219-1-1
2021 Humanizing education reflection on concepts, attributes, roles and sustainability with selected attributes of true believers in the qur’an and sunnah. Meso Publishing, ISBN: 978-967-19814-6-7
2021 Humanizing education reflection on incentives, personality, expectations, organizing and journey with selected attributes of true believers in the qur’an and sunnah. Meso Publishing, ISBN: 978-967-19814-5-0
2021 Reflections on humanizing education for Economics and Management Sciences. Kulliyyah of Economics and Management Sciences IIUM, ISBN: 978-967-2621-92-8
Book Sections

2025 Ethical and sustainable finance: integrating Islamic principles. In: Taylor and Francis, ISBN: 978-104031831-7, pp. 113-141
2025 Housing Redevelopment Schemes (HRS): Islamic green finance perspective. In: Routledge, ISBN: , pp. 193-208
2023 Takaful plan for E-Hailing: a comparison between the available private motor vehicle takaful plans in Malaysia. In: Springer, Cham, ISBN: 978-3-031-27859-4, pp. 277-286
2022 The potential role of fintech and digital currency for Islamic green financing: toward an integrated model. In: Springer, ISBN: 978-981-19-2661-7, pp. 287-308
2021 Humanizing education through Consumerism Advocacy and Vegetable Garden Project. In: Meso Publishing, ISBN: 978-967-19814-5-0, pp. 68-74
2021 Humanizing education through Consumerism Advocacy and Vegetable Garden Project. In: Meso Publishing, ISBN: 978-967-19814-5-0, pp. 68-74
2021 Humanizing education with tazkiyah al-nafs – the roots of humanized education. In: Kuliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-26219-1-1, pp. 10-15
2021 Leveraging the potential of Islamic banking and finance for small business. In: World Scientific, ISBN: 978 961 123 581 8, pp. 303-330
2021 Leveraging the potential of Islamic banking and finance for small business. In: World Scientific, ISBN: 978 961 123 581 8, pp. 303-330
2021 Reflection of Sabr in Teaching Principles and Practice of Management. In: Meso Publishing, ISBN: 978-967-19814-6-7, pp. 37-44
2021 Reflection on Edu-Action of the Prophetic Attributes with Ta’awun Approach. In: Meso Publishing, ISBN: 978-967-19814-5-0, pp. 27-32
2021 Reflection on Edu-Action of the Prophetic Attributes with Ta’awun Approach. In: Meso Publishing, ISBN: 978-967-19814-5-0, pp. 27-32
Monograph

2022 Penambahbaikan pengaksesan kewangan perusahaan mikro di Terengganu melalui kerangka pendanaan awam islamik (islamic crowdfunding). In: ,
2020 Leveraging Islamic banking and finance for small businesses: exploring the conceptual and practical dimensions. In: ,