Nazrol obtained his Bachelor of Commerce and Postgraduate Diploma in Finance from the University of Melbourne, Australia. His working career began in the oil and gas sector where he worked at PETRONAS in various capacities. In 2001, he joined Accenture Malaysia as an analyst and was involved in IT and management consulting projects in Malaysia, Singapore and Hong Kong.
Upon completing his MBA in International Islamic University Malaysia (IIUM), where he received the award of best student with a CGPA of 4.0, he joined as a full-time faculty member of the same institution. Nazrol enrolled in the PhD program at INCEIF in 2010. After completing the coursework with a CGPA of 3.95, he worked on his dissertation which was in the area of Shariah compliant stocks. He was awarded a PhD in Islamic finance in October 2014 and received the President’s Award of Best PhD student for that year.
His research interest is Islamic equities. He won the best paper award at the annual Malaysian Finance Association (MFA) conference twice in a row and has a number of publications in refereed journals. He currently serves as a faculty member of the Kulliyyah (Faculty) of Economics and Management Sciences, IIUM, where he teaches Islamic banking and finance.

• Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Capital Market - Equities, Portfolio Management, Derivatives
• Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Islamic Banking - Islamic equities

FINANCIAL DERIVATIVES	2025/2026 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019 2017/2018
FINANCIAL MANAGEMENT	2009/2010
FINANCIAL MANAGEMENT AND POLICIES	2021/2022 2016/2017
FINANCIAL MANAGEMENT I	2019/2020 2016/2017 2014/2015 2013/2014 2009/2010 2008/2009
FINANCIAL MANAGEMENT II	2015/2016 2013/2014
FINANCIAL MARKETS AND INSTITUTIONS	2025/2026
FINANCIAL STATEMENT ANALYSIS	2010/2011
FOUNDATION OF ISLAMIC FINANCE	2015/2016 2014/2015
FUNDAMENTALS OF FINANCIAL MANAGEMENT	2023/2024
FUTURES,OPTIONS AND RISK MANAGEMENT	2017/2018 2016/2017
INTRODUCTION TO FINANCIAL MARKETS AND INSTITUTIONS	2025/2026
INTRODUCTION TO MANAGEMENT FOR NON-ENM	2009/2010 2008/2009 2007/2008 2006/2007 2005/2006
INVESTMENTS	2025/2026 2024/2025
ISLAMIC BANKING AND FINANCE	2008/2009 2007/2008 2006/2007 2005/2006
ISLAMIC BANKING SYSTEM & OPERATIONS	2017/2018 2016/2017 2015/2016 2014/2015
ISLAMIC CAPITAL MARKET	2020/2021 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016
ISLAMIC CAPITAL MARKETS	2025/2026 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021
ISLAMIC FINANCE	2023/2024 2022/2023
ISLAMIC FINANCIAL SYSTEM AND ENVIRONMENT	2014/2015
ISSUES IN ISLAMIC BANKING	2019/2020
MANAGERIAL FINANCE	2021/2022
MANAGING RISK-FUTURES & OPTIONS	2022/2023
PORTFOLIO MANAGEMENT	2023/2024 2018/2019 2016/2017
PRACTICAL TRAINING (BBA)	2009/2010 2008/2009 2007/2008 2006/2007
STRATEGIC FINANCE	2021/2022

Effects Of China'S Non-Tradable Shares Reform On Firm Ownership Concentration, Performance And Dividend Policy. Ph.D Completed 2021 Supervisor Supervisory Committee

Information Content Of Analysts' Report: Malaysian Evidence. Ph.D Completed 2018 Co-supervisor

Determinants Of Financing Of Affordable Housing In Malaysia. Ph.D In Progress Main Supervisor

Impact Of Chatbot Service Quality On Satisfaction And Loyalty Of Bank Customers. Master Completed 2021 Main Supervisor

Determining Factors Of Islamic Financial Literacy Among University Students: A Case Study Of International Islamic University Malaysia (Iium). Master Completed 2020 Main Supervisor

Effects Of Venture Capital On The Performance Of Companies Listed On China’S Growth Enterprise Market (Gem) Board. Master Completed 2019 Main Supervisor

An Exploratory Study On Potential Factors Affecting Growth Of Islamic Banking In Guinea-Conakry. Master Completed 2017 Main Supervisor

Role Of Human Capital In The Finance-Growth-Inequality Nexus: Evidence From Oic Countries. Master Completed 2017 Main Supervisor

An Integrated Zakah - Waqf Islamic Microfinance (Izwim) Model As A Poverty Alleviation Initiative For Proposed Bangsamoro Territory. Master Completed 2016 Main Supervisor

Change In Shariah Compliance Status Of Malaysian Stocks: Reasons For Change And Impact On Stock Price. Master In Progress Co-supervisor

Completed

2025 -	Asia Business Leader (Malaysia) Project
2019 - 2023	Exploring the Notion of Rational Investment: The Case of Green Investment in Malaysia
2015 - 2019	The Preparation of Feasibility Study for the Establishment of an International Islamic University in Afghanistan
2013 -	Islamic Economic Framework for Waqf: Lessons from History,Comparative Best Practices and Developing Contemporary Models

On-Going

2026 - Present	Asia Business Leader (Malaysia) Project
2026 - Present	Change in Shariah Compliance Status of Malaysian Stocks: Reasons for Change and impact on stock price
2025 - Present	Development of Micro-credential Module on Personal Finance
2025 - Present	Behavioural Bias and Shariah Ethics in Investment Decision-Making
2025 - Present	EQUITY-BASED FINANCING MODELS FOR ENTERPRISE DEVELOPMENT IN D8 COUNTRIES
2025 - Present	Development of an Investment Simulation Game
2025 - Present	Q & A in Personal Financial Planning
2022 - Present	Anti-Corruption Education in Preventing Financial Crime - Education Speaks Loudest
2022 - Present	Developing a Capacity Maturity Model for Business Analytics Education in Malaysia Higher Education Institutions

10 May, 2025

Shariah RFP Best Student of the Year 2023 - Others

National