Staff Directory


Razali Bin Haron

Academic Qualifications

  • Doctor of Philosophy in Business Administration (Finance) - Doctorate of Business Admin., Universiti Kebangsaan Malaysia (UKM)
  • Master of Business Administration (Finance) - Masters Degree, International Islamic University Malaysia
  • Bachelor of Business Administration (Finance) - Bachelor Degree, Universiti Teknologi MARA (UiTM)
  • Diploma in Investment Analysis - Diploma, Universiti Teknologi MARA (UiTM)

Razali Bin Haron (Prof. Dr.)

Professor
IIUM Gombak Campus

INSTITUTE OF ISLAMIC BANKING AND FINANCE

hrazali@iium.edu.my
4183


Expert Profile


Prof. Dr. Razali Haron obtained his DBA from UKM in 2012, MBA (Finance) from IIUM in 2003 and BBA (Finance) from UiTM in 1994. Prior to joining IIUM in 2003, he had extensive industrial experience for almost 13 years covering the capital market, portfolio management, unit trust industry and merchant (investment) banking in Malaysia. With his vast industry experience, he has been appointed as a member of the IIUM Investment sub-Committee from 2012-2021 and Director of IIUM Shariah Advisory Services Sdn. Bhd from 2019-2020. 

His area of expertise includes the corporate finance, capital market and portfolio management and has published his research works with reputable international publishers such as the Emerald, Elsevier, Sage, Inderscience and Palgrave Macmillan. Being an active researcher, he has been awarded with - The Best Researcher Award and Best Indexed Journal Article (Department of Finance) in 2014, Highest Citation in Citation Index Journal (Social Science) at the IIUM Quality Day 2015, Top 250 Contributors to IIUM Research Performance 2015-2017, Highest Number of Publications Award (IIiBF - 2019), Top 30 Contributors to IIUM Research Performance at the IIUM Takrim Day 2019, Highest Top Researchers of Joint Publications for 2019-2021 in IIUM, High Impact Responsible Research Award (IIiBF 2020), Journal Article Publication Award (IIiBF 2020), Award for Chapter in Book Publication (2019) in Conjunction with Universiti Malaysia Sabah (UMS) Researcher Award 2019 & 2020, Top 50 Contributors to IIUM Research Performance (Responsible Research & Innovation Appreciation Day 2022), MyRA Quantity and Quality of Research Award (IIiBF 2022), MyRA Professional Services & Gifts (IIiBF 2022), and Highest Citations in Indexed Journal Award (Social Sciences) 2nd Place (Responsible Research & Innovation Appreciation Day 2024). His has also won The Best Research Paper in the 8th ASEAN International Conference in Islamic Finance (2020), held in Tazkia (Bogor, Indonesia) and very recently, The Best Oral Presenter during the 12th ASEAN International Conference in Islamic Finance (2024), held in MSU (Mindanao, the Philippines).His co-authored paper on Bitcoin Currency has been awarded with The Highly Commended Paper in the 2020 Emerald Literati Awards.

He was the research coordinator at the Department of Finance (2012-2014), Head Master of Management Program at the Graduate School of Management (2012 to 2014) and Deputy Dean (Research and Publication) of IIiBF (2017-2018) (2022-2023) and Head of Research (2023-2024). He has edited several research books; Islamic Fund and Wealth Management (2019-IIiBF), Banking and Finance (2020-IntechOpen, UK), Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis (2021-IGI Global), Islamic Finance and Sustainable Development. A Global Framework for Achieving Sustainable Impact Finance (2024-Routledge/Taylor & Francis), Islamic Sustainable Finance. Policy, Risk and Regulation (2024-Routledge/Taylor & Francis) and Islamic Green Finance. A Research Companion (2024-Routledge/Taylor & Francis). Currently, he is working on a book titled Islamic Finance and Climate Action: Ethics, Environmental Stewardship and Sustainability(2025-Routledge/Taylor & Francis).




Dr Razali is currently an Associate Editor (The Capital Market Review) and Advisory Editorial Board Member (Journal of Open Innovation: Technology, Market, and Complexity - SSCI/Scopus). He was previously the Editor-in-Chief of Journal of Islamic Finance (2019-2023) and Journal of Islamic Social Finance (2021-2023). He was the Guest Editor for several Special Issues i.e., IIUM Law Journal. Islamic banking and finance (WOS/ESCI) (2022), Turkish Journal of Islamic Economics (TUJISE). Islamic Social Finance and Pandemic Crisis (WOS/ESCI) (2021), Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization (ISTAC, IIUM). Islamic banking and finance (Scopus/WOS) (2017, 2018, 2019). His next Special Issue will be with the Journal of Islamic Accounting and Business Research (Emerald) on Islamic Social Finance (Expected 2025). 


Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Risk Management - Portfolio Diversification/Options Pricing
  • Economics, Business And Management ~ Economics, Business And Management ~ Investment ~ Islamic Investment Instrument - Unit Trust Funds/Sukuk
  • Economics, Business And Management ~ Economics, Business And Management ~ Entrepreneurship ~ Small-Medium Enterprises (SME) - SME Financing
  • Unspecified ~ Economics, Business And Management ~ Investment ~Stock Market Studies - Integration
  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Corporate Finance - Capital Structure


Professional Membership


  • 2006 - 2013 : Member of Profesional Body / Association, Malaysian Finance Association
  • 2010 - 2013 : Member of Profesional Body / Association, Financial Planning Association of Malaysia


Teaching Responsibilities


BUSINESS MATHEMATICS AND STATISTICS 2021/2022
CORPORATE FINANCE 2003/2004
FINANCIAL DERIVATIVES 2013/2014 2012/2013 2011/2012
FINANCIAL MANAGEMENT ANALYSIS 2025/2026 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016
FINANCIAL MANAGEMENT AND POLICIES 2014/2015 2013/2014 2012/2013
FINANCIAL MANAGEMENT I 2005/2006 2004/2005 2003/2004
FINANCIAL MANAGEMENT II 2003/2004
FINANCIAL POLICIES 2024/2025
FINANCIAL STATEMENT ANALYSIS 2014/2015 2012/2013 2011/2012 2009/2010
FUTURES, OPTIONS & RISK MANAGEMENT 2017/2018 2012/2013 2011/2012 2010/2011 2009/2010
FUTURES,OPTIONS AND RISK MANAGEMENT 2013/2014 2012/2013
INTERNATIONAL FINANCE 2011/2012
INVESTMENT ANALYSIS 2017/2018 2015/2016 2014/2015 2013/2014 2012/2013 2011/2012 2010/2011 2005/2006 2004/2005
ISLAMIC CAPITAL MARKET 2018/2019 2017/2018 2016/2017
ISLAMIC FINANCING MANAGEMENT 2015/2016 2014/2015 2013/2014
MANAGERIAL FINANCE 2015/2016 2014/2015
MANAGING RISK-FUTURES & OPTIONS 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015 2013/2014 2012/2013 2011/2012
MANAGING RISKS WITH FUTURES AND OPTIONS 2015/2016
PORTFOLIO MANAGEMENT 2021/2022 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015 2013/2014 2012/2013 2011/2012 2005/2006
PRINCIPLES OF ACCOUNTING AND FINANCE 2020/2021 2019/2020 2018/2019 2017/2018 2016/2017
QUANTITATIVE METHODS 2025/2026 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019
SEMINAR IN FINANCE 2012/2013


Supervision


Shariah Governance And Performance Of Southeast Asia And Gcc Islamic Banks: The Moderating Effect Of Institutional Shareholding.
Ph.D Completed 2025 Main Supervisor
Esg Scores And Financial Performance Of Shariah-Compliant Firms: Empirical Evidence On Indonesia And Malaysia Islamic Capital Market.
Ph.D Completed 2025 Main Supervisor
Working Capital Management Efficiency: Evidence From Oic Countries And Non-Oic Countries.
Ph.D Completed 2025 Main Supervisor
Environmental, Social, And Governance (Esg) And Firm Risk: Evidence From Asean And Gcc Countries.
Ph.D Completed 2024 Main Supervisor
Corporate Governance And Capital Structure: Empirical Evidence On Shariah And Non-Shariah Stocks In Indonesia.
Ph.D Completed 2024 Main Supervisor
Critical Success Factors For Intention To Family Takaful Adoption In Malaysia .
Ph.D Completed 2024 Main Supervisor
The Role Of Zakat Institution In Entrepreneurship Programme In Indonesia Case Study On Zakat Institution Of Muhammadiyah (Lazismu) .
Ph.D Completed 2024 Main Supervisor
The Impact Of Corporate Governance On Foreign Ownership: Empirical Evidence On Islamic Capital Market In Kuwait.
Ph.D Completed 2023 Main Supervisor
An Islamic Equity-Based Microfinance Models For Msmes In The State Of Libya.
Ph.D Completed 2023 Main Supervisor
Factors Affecting Intention To Re-Endow Among The Cash Waqf Endowers In Klang Valley Malaysia.
Ph.D Completed 2023 Co-supervisor
The Impact Of Basel Iii On The Risk Of Islamic Banks.
Ph.D Completed 2023 Co-supervisor
The Influence Of Corporate And Shariah Governance Mechanisms On The Values-Based Performance (Vbp) Of Islamic Banks In Malaysia .
Ph.D Completed 2023 Co-supervisor
Optimizing Solvency Margin In Family Takaful And Life Insurance Institutions In Malaysia .
Ph.D Completed 2023 Co-supervisor
Corporate Governance, Corporate Social Responsibility Disclosure And Financial Performance Of Shariah Compliant Public Listed Companies In Malaysia.
Ph.D Completed 2022 Main Supervisor
Monetary Policy Transmission In Economic System Through Credit Channel Of Islamic And Conventional Banks In Pakistan .
Ph.D Completed 2022 Co-supervisor
Effects Of Financial Liberalisation On The Financial Stability: A Comparative Analysis Between Islamic Banks And Conventional Banks In Malaysia.
Ph.D Completed 2022 Co-supervisor
Impacts Of Derivatives And Managerial Ownership On The Financial Performance Of Shari'Ah Compliant Firms.
Ph.D Completed 2021 Main Supervisor
Determinants Of Home Bias And Foreign Bias In The Global Portfolio Investment Of Selected Oic Countries .
Ph.D Completed 2021 Co-supervisor
Corporate Governance, Intellectual Capital Efficiency And Performance Of Islamic Banks: Evidence From Islamic Countries.
Ph.D Completed 2020 Main Supervisor
Dual Board Governance, Ownership Structure And Performance Of Islamic Banks: A Comparative Analysis On Selected Countries .
Ph.D Completed 2019 Main Supervisor
Capital Structure In China: Firm-Specific Factors, Corporate Governance And Institutional Factors.
Ph.D Completed 2018 Main Supervisor
Volatility, Asymmetric Relationship, And Hedging Effectiveness: A Study On Derivative Markets In Malaysia.
Ph.D Completed 2018 Main Supervisor
The Impact Of Capital Regulation, Income Diversification And Ownership Structure On Risk Of Commercial Banks.
Ph.D Completed 2018 Main Supervisor
The Determinants And The Impact Of Bank Regulations And Supervision On The Efficiency Of Islamic Banks.
Ph.D Completed 2018 Main Supervisor
Banks Stability Measures For Selected Oic Countries With Dual Banking System.
Ph.D Completed 2018 Co-supervisor
The Determinants Of Debt Financing And Firm Performance: Evidence On Shariah Approved Firms.
Ph.D Completed 2018 Co-supervisor
Development And Validation Of A Financially Affordable Islamic Home Financing Model In Malaysia .
Ph.D Completed 2018 Co-supervisor
Issues Of Zakat Collection Through Salary Deduction In Selangor. A Proposed Framework For Sustainability.
Ph.D In Progress Main Supervisor
Bolstering Islamic Banking Market Share: Quantitative Analysis Of Synergizing With The Halal Industry In Indonesia.
Ph.D In Progress Main Supervisor
Sustainability Of Takaful Industry In Nigeria.
Ph.D In Progress Main Supervisor
The Impact Of Intellectual Capital And Shariah Governance On Value Based Performance Of Islamic Financial Institutions.
Ph.D In Progress Main Supervisor
Corporate Performance Response To Esg Ratings: Comparative Evidence From Shariah-Compliant And Conventional Stocks In Indonesia Stock Exchange (Idx).
Ph.D In Progress Main Supervisor
Herding Behavior And Investors Sentiments. Indonesian Stock Market Evidence.
Ph.D In Progress Main Supervisor
Risk Dynamics Abd Interdependence, Benchmarking Shariah Complaint Investment Againrs Various Assets Classes : A Machine Learning Approach.
Ph.D In Progress Main Supervisor
Herding Behaviour In Islamiccapital Market: Evidence From International Capital Market.
Ph.D In Progress Main Supervisor
The Intention Of Retail Investors To Use Islamic Fintech In Indonesia Islamic Capital Market.
Ph.D In Progress Main Supervisor
Factors Influencing Corporate Sukuk Market Issuance: The Case Of Selected Oic Countries: Before And During Covid-19.
Ph.D In Progress Main Supervisor
Investigating Hallalan Tayyiban Principles Of The Current Shariah Screening:Integration Of Environmental, Social, And Governance (Esg) Criteria In Islamic Investments, Empirical Evidence From Malaysia.
Ph.D In Progress Co-supervisor
Impact Of Macroeconomics And Bank Specific Variables On Financing And Non-Performing Financing In Indonesian Islamic Banks .
Ph.D In Progress Co-supervisor
The Impact Of Islamic Social Finance, Innovation, And Financial Technology On Socio-Economic Advancement In Malaysia.
Ph.D In Progress Co-supervisor
Leveraging Blockchain Technology To Enhance Transparency And Efficiency In Zakat Collection And Distribution Among The Oic Countries .
Ph.D In Progress Co-supervisor
Cross-Border Dynamics: An Empirical Study Of Return And Volatility Spillover Among Publicly Listed Islamic Banks In Several Countries.
Master Completed 2024 Main Supervisor
Herding Behaviour In Islamic And Conventional Stock Market: Evidence From Sea Stock Market.
Master Completed 2023 Main Supervisor
Does Shariah Governance Affect Innovation, Performance & Sustainability Of Islamic Bank? Empirical Evidence From Malaysia & Saudi Arabia..
Master Completed 2023 Main Supervisor
The Effect Of Murabahah, Musyarakah, And Mudharabah Financing On The Profitability Of Islamic Commercial Bank In Indonesia.
Master Completed 2022 Main Supervisor
Corporate Governance And Corporate Social Responsibility In Islamic Banks: A Systematic Literature Review.
Master Completed 2022 Main Supervisor
Corporate Governance And Firm Performance: Empirical Evidence From The Property-Listed Companies In Malaysia.
Master Completed 2021 Main Supervisor
The Influence Of The Investment Policy, Debt Policy, And Dividend Policy On The Stock Return Of Shariah Compliant Stocks In Indonesia (Issi).
Master Completed 2021 Main Supervisor
Review On The Efficiency Of Takaful And Insurance Companies In Malaysia.
Master Completed 2021 Main Supervisor
A Critical Review On Performance Of Takaful And Insurance Companies In Malaysia.
Master Completed 2020 Main Supervisor
Service Quality, Customer Satisfaction And Loyalty In Banking Sector, The Role Of Digital Banking Transformation In Rhb Bank Berhad.
Master Completed 2020 Main Supervisor
The Effect Of Financial Inclusion And Islamic Banking Development Of Financial Stability In Islamic Countries (Oic).
Master Completed 2020 Main Supervisor
Shariah Board And Islamic Banks Performance.
Master Completed 2020 Main Supervisor
Zakat And The Performance Of Islamic Banks In Malaysia.
Master Completed 2020 Main Supervisor
An Investigation On Options In Islamic Transaction : The Evidence From Past And Contemporary Practice.
Master Completed 2019 Main Supervisor
An Investigation On Options In Islamic Transaction : The Evidence From Past And Contemporary Practice.
Master Completed 2019 Main Supervisor
Issues On Faraid Practices In Malaysia : Qualitative Inquiries.
Master Completed 2019 Main Supervisor
The Impact Of Islamic Microfinance On Micro-Enterprises Performance In Somali Land.
Master Completed 2019 Main Supervisor
Comparative Study Of Islamic Reits And Conventional Reits Based On Risk Adjusted Performance.
Master Completed 2019 Main Supervisor
The Role Of Islamic Banks In Promoting Sme'S In Malaysia.
Master Completed 2019 Main Supervisor
The Effect Of Corporate Governance On Firm Performance In Indonesia Shariah Compliant Companies.
Master Completed 2019 Main Supervisor
The Potential Of Crowdfunding And Blockchain In The Development Of Cash-Waqf.
Master Completed 2018 Main Supervisor
Service Quality On Customer Satisfaction And Loyalty: Mediating Role Of Trust.
Master Completed 2018 Main Supervisor
The Effect Of Corporate Governance To Islamic Banking Performance Using Maqasid Index Approach In Indonesia.
Master Completed 2018 Main Supervisor
The Role Of Maslahah In Constructing Contemporary Banking Fatwas An Analytical Study Of Selected Fatwas Issued By Bank Negara And Securities Commission Of Malaysia.
Master Completed 2018 Main Supervisor
Board Size, Chief Risk Officer And Islamic Banks Risk Taking : The Role Of Shariah Supervisiory Board.
Master Completed 2018 Co-supervisor
Shariah Supervision Board, Board Of Directors, Risk Committee And Risk-Taking Of Islamic Banks In Malaysia.
Master Completed 2018 Co-supervisor
Waqf For Higher Education : An Exploratory Study On The Awareness Of Waqf Practice By Iium Endowment Fund Among Iium Staff.
Master Completed 2018 Co-supervisor
Risk Mitigation Between Investment Account Platform And Equity Crowdfunding.
Master Completed 2017 Main Supervisor
Determinants Of Bank Profitability In Malaysia : Conventional Versus Islamic.
Master Completed 2017 Co-supervisor
Determinants Of Efficiency Of Islamic Banks : Indonesian Evidence.
Master Completed 2016 Main Supervisor
Shariah Governance Quality And The Efficiency Of Takaful Industry In Malaysia.
Master Completed 2016 Co-supervisor
Financial Planning And Unit Trust Investment: Survey Evidence.
Master Completed 2015 Main Supervisor
The Performance Of Unit Trust Funds In Malaysia: A Dea Approach.
Master Completed 2015 Main Supervisor
Ownership Structure, Capital Structure And Firma Performance: Evidence From Malaysia.
Master Completed 2014 Main Supervisor
Efficiency Of Turkish Banks : Application Of First Stage Dea And Second Stage Dea On Panel Data Analysis.
Master Completed 2014 Main Supervisor
Long Run Relationship And Volatility Of Futures Market: Empirical Evidence On Malaysian Crude Palm Oil (Cpo) Futures.
Master Completed 2014 Main Supervisor
Factors Affecting Working Capital Management Before And During The Financial Crisis 1990s: Evidence From Malaysia.
Master Completed 2014 Main Supervisor
Efficiency Of Islamic And Conventional Banks In Qatar : An Empirical Investigation Based On Data Envelopment Analysis (Dea).
Master Completed 2014 Main Supervisor
Dynamic Capital Structure - Indonesian Evidence.
Master Completed 2013 Main Supervisor
Pricing Efficiency Of Malaysia Stock Index Futures.
Master Completed 2013 Main Supervisor
The Pricing Efficiency Of Equity Warrants: Malaysia Empirical Evidence.
Master Completed 2013 Main Supervisor


Research Projects


Completed
2021 - 2023 MUSHARAKAH AS AN ISLAMIC FINANCIAL STRUCTURE FOR VENTURE CAPITAL: ITS POTENTIALS AND POSSIBLE APPLICATIONS FOR SMALL AND MEDIUM ENTERPRISES (SMEs) IN MALAYSIA
2016 - 2018 Property Price Hike and Speculation
2016 - 2018 A Second Order Self-Reported Religiosity Measurement Invariance Analysis of the Psychological Biases among Muslim Retail Investors in Malaysia
2014 - 2015 What Can We Learn from Working Capital Management during the Different Business Cycles of Malaysian Firms
2013 - 2016 Formulating New Model to Mitigate Access to Financing Problem Among SMEs in Malaysia
2013 - 2017 Developing an Islamic Financing Model for Abandoned Housing Projects
2012 - 2016 A Conceptual Analysis on the Application of REITs in Developing Waqaf Land in Malaysia
2012 - 2016 Capital Structure and the Financing Decisions of SMEs: Survey and Empirical Evidence on Malaysia
2012 - 2015 Firms Rational Financing Behaviour: Malaysia Evidence
2011 - 2013 How Important is the Impact of Market Timing on Capital Structure? A Management Perspective (RU 2011)
2011 - 2012 Speed of Adjustment towards Target Capital Structure: Southeast Asia Evidence (RU 2011)
On-Going
2025 - Present Kerangka Pembangunan Bakat dalam Sektor Ekonomi Islam, Kewangan Islam, Pengurusan Islam, Perakaunan Islam, dan Ekonomi Halal dan Hijau di Malaysia
2024 - Present IIiBF Research Database Project
2024 - Present Integrating Islamic Social Finance for Women Empowerment: Challenges, Strategy, and Future Direction


Awards & Recognition


24 Jul, 2019 Highest Number of Publications Award (Index Journal Articles) - Kulliyyah Level - International Islamic University Malaysia University
24 Jul, 2019 Top 30 Contributors to IIUM Research Performance - International Islamic University Malaysia University
23 Jul, 2018 Top 250 Contributors to IIUM Research (MyRA) Performance (2015-2017) - International Islamic University Malaysia University
24 Jun, 2015 Best Indexed Journal Article - KENMS KCDIO
29 Apr, 2015 Highest Citation in Citation Index Journal Award - IIUM University
19 Sep, 2014 Best Resercher Award 2014 Finance Department - Kulliyyah of Economics and Management Sciences University
20 Feb, 2013 IIUM IRIIE 2013 - IIUM University
13 Oct, 2012 Best Thesis Award (UKM 40th Convocation) - Graduate School of Business-Universiti Kebangsaan Malaysia National
15 Jun, 2012 IIUM IRIIE 2012 - IIUM University
17 Jun, 2011 Best Research Paper Award - Global Business and Social Science Research Conference, China (2011) International
17 Jun, 2005 Quality Award - IIUM University


Publications


Articles

2025 A trend analysis of research on environmental, social, and governance (ESG) performance: a bibliometric analysis. Social Sciences & Humanities Open, 12 (101670) pp. 1-12
2025 Capital requirements – risk taking/stability nexus during the global financial crisis and COVID-19: international evidence of Islamic banks. Journal of Islamic Accounting and Business Research, 16 (3) pp. 545-565
2025 Do Islamic stock markets outperform conventional markets when facing cryptocurrency threats? Empirical evidence from Asian countries. Social Sciences & Humanities Open, 11 (101472) pp. 1-16
2025 Does the COVID-19 pandemic affect financing of Islamic banks in Indonesia?. MALIA: Jurnal Ekonomi Islam, 16 (2) pp. 327-347
2025 Doing well by doing good: the nexus between environmental commitment and Islamic banking stability. International Journal of Islamic Finance and Sustainable Development, 17 (3) pp. 83-101
2025 Environmental, social, and governance (ESG) practices and their financial implications: a study of Indonesia and Malaysia capital markets. Finance: Theory and Practice, 29 (4) pp. 88-99
2025 Exploring environmental, social, and governance (ESG) practices and bank credit risk in the gulf cooperation council region. Asian Journal of Social Science Research, 7 (2) pp. 59-72
2025 Green innovation and renewable energy sources policies: a systematic and integrative review. Sustainable Futures, 10 (NA) pp. 1-13
2025 Islamic social finance for sustainable economic growth in Bangladesh. Journal of Islamic Finance, 14 (1) pp. 85-97
2025 The sustainability imperative: evaluating the effect of ESG on corporate financial performance before and after the pandemic. Discover Sustainability, 6 (1) pp. 1-17
2025 Unveiling the nexus: corporate governance practices and corporate financial performance of an Islamic banking. Business Performance Review, 3 (1) pp. 37-47
2024 Capturing the barriers and strategic solutions for women empowerment: Delphy analytical network process. Journal of Open Innovation: Technology, Market, and Complexity, 10 (3) pp. 1-19
2024 Exploring the correlation between ESG performance and firm value in Indonesia Shariah-compliant companies. Journal of Management & Muamalah, 14 (2) pp. 142-160
2024 Shariah governance for Islamic financial institutions: lessons from Malaysia. South East Asia Journal of Contemporary Business, Economics and Law, 33 (1) pp. 75-84
2024 The impact of the cryptocurrency market on Islamic vs. conventional stock returns: evidence from gulf cooperation council countries. Journal of Risk and Financial Management, 17 (7) pp. 1-21
2023 Application of tawarruq in Islamic banking institutions in Somalia. Qualitative Research in Financial Markets, () pp. 1-19
2023 Are shariah and non-shariah firms’ capital structure determinants and financial performance related? Evidence from Malaysia. Asian Journal of Economic Modelling, 11 (3) pp. 149-164
2023 Bank Rakyat Shariah Forum. Islamic Finance News, 20 (1) pp. 20-20
2023 Board structure, ownership structure, and capital structure: empirical evidence on Shariah and non-Shariah compliant firms in Indonesia. Banks and Bank Systems, 18 (4) pp. 241-254
2023 Corporate governance and foreign ownership in the Islamic capital market of Kuwait. Asian Economic and Financial Review, 13 (1) pp. 1-17
2023 Impact of Cash Conversion Cycle (CCC) on firm performance: evidence from OIC and non-OIC countries. Pakistan Journal of Life and Social Sciences, 21 (2) pp. 762-774
2023 Inspecting sector-specific capital structure determinants: the case of Malaysian Shariah firms. International Journal of Applied Economics, Finance and Accounting, 17 (2) pp. 402-414
2023 Risk assessment of Islamic banking products: special focus on mudarabah and musharakah. Onomazein, 62 () pp. 1165-1179
2023 The asymmetric relationship between macroeconomic determinants and non-performing loans: evidence from the banking industry of Indonesia. Bulletin of Monetary Economics and Banking, 26 (1) pp. 145-174
2023 The determinants of cash waqf re-endow intention in Malaysia. al-Uqud: Journal of Islamic Economics, 7 (1) pp. 126-137
2023 The impact of COVID‑19 on the banking sector’s efficiency and growth trajectory. Journal of Financial Services Marketing, () pp. 1-14
2023 The influence of Basel III on Islamic bank risk. Journal of Islamic Monetary Economics and Finance, 9 (1) pp. 167-198
2023 The role of Islamic social finance in mitigating the poverty levels in the post-pandemic period. Journal of Islamic Management Studies (JIMS), 7 (1) pp. 70-81
2023 Weightages and income sharing ratio practice for profit distribution in Islamic banks: Bangladesh scenario. Journal of Islamic Finance Accountancy (JOIFA), 8 (1) pp. 22-37
2022 Basel iii capital regulation framework and Islamic bank’s risk. IIUM Law Journal, 30 (S2) pp. 93-128
2022 Corporate governance and corporate social responsibility in Islamic banks: a systematic literature review. IIUM Law Journal, 30 (S2) pp. 57-92
2022 Do the Islamic banks play a role in the monetary policy transmission in Pakistan? a comparative analysis with conventional banks using panel data analysis. The Journal of Muamalat and Islamic Finance Research, 19 (2) pp. 13-27
2022 Esg reporting practices among Islamic banks: a global perspective. IIUM Law Journal, 30 (S2) pp. 1-37
2022 Factors influencing behavioral intention to participate in family takaful in Malaysia: an extension of UTAUT2 theory. Journal of Islamic Finance, 11 (2) pp. 68-83
2022 Home bias in the global portfolio investment of selected OIC countries. Journal of Emerging Economies & Islamic Research, 10 (1) pp. 24-43
2022 Impact of foreign currency derivatives on firm performance: evidence on Shari’ah and non-Shari’ah compliant firms. Jurnal Pengurusan, 64 () pp. 15-28
2022 Impact of zakat distribution on entrepreneurship program: a case of BAZNAS Yogyakarta, Indonesia. Jurnal AFKARUNA, 18 (2) pp. 324-339
2022 Income zakat collection through salary deduction in Selangor. a proposed framework for sustainability. AZKA International Journal Of Zakat & Social Finance (AZJAF), 3 (3) pp. 37-52
2022 Optimization of solvency margin in family takaful and life insurance institutions in Malaysia: application of data envelopment analysis. Journal of Islamic Accounting and Finance Research, 4 (1) pp. 155-182
2022 Possible applications of Tawarruq (commodity Murabaha) as a cash financing tool in Islamic Banks Institutions in Somalia. Journal of Positive School Psychology, 6 (4) pp. 4380-4396
2022 Shari'ah governance of Islamic banks: the role of shari'ah supervisory board - a bibliometric analysis. IIUM Law Journal, 30 () pp. 129-278
2022 Sukuk structure for deficit financing during Covid-19 crisis. Economic Studies Journal, () pp.
2022 The 10th ASEAN International Conference on Islamic Finance (AICIF) 2022. Islamic Finance News, 19 (50) pp. 19-19
2022 The determinants of non-performing loans in the Indonesian banking industry: an asymmetric approach before and during the pandemic crisis. Sage Open, April - June () pp. 1-13
2022 The efficiency of Malaysian Islamic banks: Intermediation, production and operating approach. Asian Management and Business Review, 2 (1) pp. 63-73
2022 The influence of investment, debt, and dividend policies on the stock return of Shariah compliant companies in Indonesia (ISSI). Global Review of Islamic Economics and Business, 9 (2) pp. 067-076
2022 Zakat contribution model in entrepreneurship empowerment of zakat institutions: case study of Lazismu Pusat. Nusantara Islamic Economic Journal, 1 (2) pp. 142-154
2021 Academic research in Islamic banking and finance. Islamic Finance News, 18 (48) pp.
2021 Bank liquidity risk and capital structure: a conceptual review of theoretical and empirical research on Islamic banking perspective. International Journal of Academic Research in Accounting, Finance and Management Sciences, 11 (3) pp. 539-553
2021 Editorial note. Turkish Journal of Islamic Economics, Special Issue () pp.
2021 Hedging, managerial ownership and firm value. Journal of Asian Business and Economic Studies, 28 (4) pp. 1-18
2021 Level of corporate social responsibility disclosure of shariah PLCs in Malaysia. Journal of Global Business and Social Entrepreneurship, 7 (20) pp. 137-150
2021 Non-linear relationship between foreign currency derivatives and firm value: evidence on Shariah compliant firms. Islamic Economic Studies, 28 (2) pp.
2021 The efficiency of commercial banks in Indonesia. International Journal of Economic Policy in Emerging Economies (IJEPEE), () pp.
2021 The efficiency of Islamic banks in the Southeast Asia (SEA) region. Future Business Journal, 7 (16) pp. 1-16
2021 The impact of COVID‑19 pandemic on Islamic versus conventional stock markets: international evidence from financial markets. Future Business Journal, 7 (33) pp. 1-16
2021 The impact of shariah board on the performance of Islamic banks and the relevance of shariah committee (BNM) new ruling on the restructuring of Islamic financing facility during the pandemic crisis. Turkish Journal of Islamic Economics, 8 () pp. 423-443
2021 The influence of firm, industry and concentrated ownership on dynamic capital structure decision in emerging market. Journal Asia Business Studies, 15 (5) pp. 669-709
2021 Validity of zakat ratios as Islamic performance indicators in Islamic banking: a congeneric model and confirmatory factor analysis. ISRA International Journal of Islamic Finance, 14 (1) pp. 41-62
2020 A systematic literature review on Shari’ah governance mechanism and firm performance in Islamic banking. Islamic Economic Studies, (ahead-of-print no) pp.
2020 Corporate governance and banking performance: the mediating role of intellectual capital among OIC countries. Corporate Governance, ahead-of-print () pp. 1-26
2020 Debt financing and firm performance: an analysis of securities commission of Malaysia 2013 revised shariah approved firms screening method. COMSATS Journal of Islamic Finance, 5 (1) pp. 64-85
2020 Debt fnancing and firm performance: an analysis of Securities Commission of Malaysia 2013 revised shariah approved firms screening method. COMSATS Journal of Islamic Finance, 5 (1) pp. 64-85
2020 Determinants of banks’ capital structure: a review of theoretical and selected empirical research. International Journal of Business and Social Science, 11 (12) pp. 131-141
2020 Determinants of banks’ capital structure: a review of theoretical and selected empirical research. International Journal of Business and Social Science, 11 (12) pp. 131-141
2020 Does corporate governance affect the performance of Islamic banks? new insight into Islamic countries. Corporate Governance Journal, 20 (6) pp. 1073-1090
2020 Examining technological and productivity change in the Islamic banking industry. Pertanik Journal of Social Sciences & Humanities, 28 (4) pp. 3355-3374
2020 Financial performance in Islamic banking and Shari’ah supervision under interventionist regulatory approach: a system-GMM dynamic panel analysis. Turkish Journal of Islamic Economics (TUJISE), () pp. 1-31
2020 Increasing the role of zakat institutions in poverty reduction through productive zakat programs in Indonesia.. Humanities & Social Sciences Reviews, 8 (3) pp. 1243-1250
2020 Micro, small and medium enterprises’ competitiveness and micro-takaful adoption. ISRA International Journal of Islamic Finance, () pp.
2020 Service quality of Islamic banks: satisfaction, loyalty and the mediating role of trust. Islamic Economic Studies, 28 (1) pp. 3-23
2020 Shari’ah supervisory board’s size impact on performance in the Islamic banking industry: empirical investigation of the optimal board size across jurisdictions. Journal of Islamic Accounting and Business Research, 11 (1) pp. 110-129
2020 Takāful demand: a review of selected literature. ISRA International Journal of Islamic Finance, 12 (3) pp. 443-455
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 monetary systems on income inequity and wealth distribution: A case study of cryptocurrencies, fiat money and gold standard. International Journal of Emerging Markets, 15 (6) pp. 1161-1183
2020 The influence of corporate governance on intellectual capital efficiency: evidence from Islamic banks of OIC countries. Asian Journal of Accounting Research, () pp.
2019 A comparative analysis of financial affordability in Islamic home financing instruments in Malaysia. International Journal of Housing Markets and Analysis, () pp. 1-20
2019 a Comparative analysis of the performance of Islamic and conventional banks: does corporate governance matter?. International Journal of Business Excellence, () pp.
2019 A critical review of bank stability measures in selected countries with dual banking system. Revista Publicando, 6 (19) pp. 118-131
2019 An analysis of maslahah based resolutions issued by Bank Negara Malaysia. ISRA Journal of Islamic Finance, ahead-of-print no (ahead-of-print no) pp.
2019 An analysis of maṣlaḥah based resolutions issued by Bank Negara Malaysia. ISRA International Journal of Islamic Finance, 12 (1) pp. 89-102
2019 Are the new crypto-currencies qualified to be included in the stock of high quality liquid assets? a case study of bitcoin currency. Al-Shajarah, Special Issue: Islamic Banking and Finance () pp. 107-145
2019 Board size, chief risk officer and risk-taking in Islamic banks: role of shariah supervisory board(Saiz Lembaga Pengarah, Ketua Pegawai Risiko dan Pengambilan Risiko di Bank-bank Islam: Peranan Lembaga Penyeliaan Syariah). Jurnal Pengurusan, 57 () pp.
2019 Book Excerpt: Islamic fund and wealth management: a way forward. Islamic Finance news (IFN), 16 () pp. 29
2019 Capital regulation and ownership structure on bank risk. Journal of Financial Regulation and Compliance, () pp.
2019 Cryptocurrencies, fiat money or gold standard: an empirical evidence from volatility structure analysis using news impact curve. International Journal of Monetary Economics and Finance, 12 (2) pp. 75-97
2019 Dual board governance structure and multi-bank performance: a comparative analysis between Islamic banks in Southeast Asia and GCC countries. Corporate Governance: The International Journal of Business in Society, ahead-of-print (ahead-of-print) pp.
2019 Editorial note. Journal of Islamic Finance, 8 (Special Issue) pp. i-iii
2019 How director remuneration impacts firm performance: an empirical analysis of executive director remuneration in Pakistan. Borsa Istanbul Review, 19 (2) pp. 186-196
2019 Internal factors affecting continuous donations among cash Waqf donors. International Journal of Academic Research in Business and Social Sciences, 9 (9) pp. 1304-1311
2019 Notes on contributors. AL-SHAJARAH: JOURNAL OF THE INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT AND CIVILIZATION (ISTAC), Special Issue : Islamic Banking and Finance 2019 () pp. 229-238
2019 Residential property price hike and speculation. Planning Malaysia, 17 (1) pp. 328-337
2019 The effect of corporate governance on Islamic banking performance: a maqasid Shari’ah index approach on Indonesian Islamic banks. Journal of Islamic Finance, 8 (Special Issue) pp. 1-18
2019 The effect of GST announcement on stock market volatility: evidence from intraday data. Journal of Advances in Management Research, 16 (3) pp. 313-328
2019 The effect of symmetric and asymmetric information on volatility structure of crypto-currency markets: a case study of bitcoin currency. Journal of Financial Economic Policy, 11 (3) pp. 432-450
2019 The future of the banking system under the dominance and development of the cryptocurrency industry: empirical evidence from cointegration analysis. The Journal of Wealth Management, 22 (2) pp. 1-9
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
2019 The role of perceived benefits in formation of intention to use Islamic crowdfunding platform among small and medium enterprises in Malaysia. International Journal of Entrepreneurship and Management Practices, 2 (7) pp. 39-47
2018 Comparative analysis of bank stability in Indonesia: A non-parametric approach on different banking models. Journal of Islamic Monetary Economics and Finance, 3 (2) pp. 201-219
2018 Do Muslim directors influence firm performance? empirical evidence from Malaysia. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue Islamic Banking & Finance 2018 () pp. 283-305
2018 Firm level, ownership concentration and industry level determinants of capital structure in an emerging market: Indonesia evidence. Asian Academy of Management Journal of Accounting and Finance, 14 (1) pp. 127-151
2018 Long-term relationship of crude palm oil commodity pricing under structural break. Journal of Capital Market Studies, 2 (2) pp. 162-174
2018 Shari’ah supervisory board characteristics effects on Islamic banks’ performance: evidence from Malaysia. International Journal of Bank Marketing, 36 (2) pp. 290-304
2018 The impact of GST implementation on the Malaysian stock market index volatility: an empirical approach. Journal of Asian Business and Economic Studies, () pp. 1-19
2017 Bank performance and shari’ah supervisory board attributes by Islamic banks: Does bank size matter?. Journal of Islamic Finance, 6 (Special Issue 2017) pp. 174-187
2017 Debt determinants of shari’ah approved firms: Empirical evidence from Malaysia. Journal of Islamic Finance, 6 (Special Issue) pp. 188-204
2017 Democracy and socio-economic inclusion in Nigeria: reducing the mutual exclusivity through Islamic microfinance. Al-Shajarah, Special Issue: Islamic Banking and Finance () pp. 1-26
2017 Determinants of efficiency of Islamic banks: Indonesian evidence. Journal of Islamic Finance, 6 (1) pp. 1-15
2017 Editorial Note Journal of Islamic Finance (Special Issue 2017). Journal of Islamic Finance, 6 (Special Issue) pp. i-iv
2017 Efficiency of Qatari banking industry: an empirical investigation. International Journal of Bank Marketing, 35 (2) pp. 298-318
2017 Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015. Journal of Islamic Finance, 6 (Special Issue) pp. 035-045
2017 Investment decision behaviour of the Malaysian retail investors and fund managers: A qualitative inquiry. Qualitative Research in Financial Markets, 10 (2) pp. 134-151
2017 Ownership structure of family-owned firms and debt financing. evidence on shari’ah-compliant firms in Malaysia. Al-Shajarah, Special Issue: Islamic Banking and Finance () pp. 139-163
2017 Target capital structure and speed of adjustment: a dynamic evidence from Shariah approved firms in Malaysia. Journal of Muamalat and Islamic Finance Research, 14 (2) pp. 65-91
2017 The ASEAN Market: Cross-border collaboration in Islamic finance between Malaysia and Thailand. Islamic Banking and Finance Review, 4 () pp. 22-40
2016 A qualitative inquiry into the investment decision behaviour of the Malaysian stock market investors. Qualitative Research in Financial Markets, 8 (3) pp. 246-267
2016 A survey analysis on abandoned housing projects in Malaysia: the house buyers’ perspectives. Journal of Global Business and Social Entrepreneurship (GBSE), 1 (1) pp. 104-109
2016 A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives. Journal of Global Business and Social Entrepreneurship (GBSE), 1 (1) pp. 104-109
2016 Corporate financing behaviour of shariah compliant E50 SMEs. A panel data approach of GMM. International Jurnal of Islamic Business Ethics (IJIBE), 1 (1) pp. 66-79
2016 Debt financing behaviour: panel data evidence on medium enterprise. Journal of Global Business and Social Entrepreneurship (GBSE), 1 (1) pp. 1-7
2016 Determinants of working capital management before, during, and after the global financial crisis of 2008: Evidence from Malaysia. The Journal of Developing Areas, 50 (5) pp. 461-468
2016 Do Indonesian firms practice target capital structure? A dynamic approach. Journal of Asia Business Studies, 10 (3) pp. 318-334
2016 Examining systematic risk on Malaysian firms: panel data evidence. Journal of Global Business and Social Entrepreneurship (GBSE), 1 (2) pp. 26-30
2016 Islamic capital market and debt financing of Shariah-compliant firms in Indonesia. Al-Shajarah, Special Issue (Islamic Banking and Finance) pp. 67-86
2016 Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis. Intellectual Discourse, 24 (Special Issue) pp. 387-408
2016 The behavioral biases of Muslims in Islamic banking and finance: a second-order self-reported religiosity measurement invariance. Al-Shajarah, Special Issue (Islamic Banking and Finance) pp. 87-114
2016 Volatility component of derivative market: evidence from FBMKLCI based on CGARCH . Journal of Global Business and Social Entrepreneurship (GBSE), 1 (2) pp. 1-5
2015 Embedded options and the issue of gharar: Malaysian empirical evidence . Al-Shajarah , Special Issues () pp. 149-172
2015 Malaysian crude palm oil market volatility: a GARCH approach. International Journal of Economics and Management, 9 (S) pp. 103-120
2015 Technical efficiency of Nigerian insurance companies: a data envelopment analysis and patent growth curve modelling approach. International Journal of Data Envelopment Analysis, 3 (2) pp. 659-677
2014 Capital structure inconclusiveness: evidence from Malaysia, Thailand and Singapore. International Journal of Managerial Finance, 10 (1) pp. 23-38
2014 Derivatives, pricing efficiency and gharar: evidence on embedded options in Malaysia. Journal of Islamic Finance, 3 (2) pp. 39-48
2014 Firms’ speed of adjustment and rational financing behaviour: Malaysian evidence. Journal for Global Business Advancement, 7 (2) pp. 151-162
2014 Key factors influencing target capital structure of property firms in Malaysia. Asian Social Science, 10 (3) pp. 62-69
2013 Dynamic adjustment towards target capital structure: Thailand evidence. Jurnal Pengurusan, 39 (1) pp. 73-82
2013 Factors Affecting Speed of Adjustment to Target Leverage: Malaysia Evidence. Global Business Review, 14 (2) pp. 243-262
2013 IQMA: cultivating the potential of the mind. IIUM Journal of Case Studies in Management, 4 (1) pp. 21-30
2013 Predicting Sukuk Default Probability and Its Relationship with Systematic and Unsystematic Risks: Case Study of Sukuk in Indonesia. International Journal of Research in Commerce, Economics & Management, 3 (1) pp. 21-27
2013 Shariah issue of warrant contract: empirical evidence from warrant mispricing in Malaysia market. Global Review of Islamic Economics and Business, 1 (1) pp. 50-68
2012 Practices of capital structure decisions: Malaysia survey evidence. International Review of Business Research Papers, () pp.
2012 Target capital structure and speed of adjustment: Panel data evidence on Malaysia Shariah compliant securities. International Journal of Economics, Management and Accounting, 20 (2) pp. 87-107
2012 The impact of sukuk on corporate financing: Malaysia evidence. Journal of Islamic Finance, 1 (1) pp. 1-11
2011 Determinants of target capital structure: evidence on South East Asia countries. Journal of Business and Policy Research, 6 (3) pp. 39-61
2009 On the efficiency of the Malaysian banking Sector: a risk-return perspective. International Journal of Commerce and Management, 19 (3) pp. 222-232
2008 Board of directors, strategic control and corporate financial performance of Malaysian listed construction and technology companies: an empirical analysis. The ICFAI University Journal of Corporate Governance, VII (4) pp. 18-33
2008 The sources and determinants of productivity growth in the Malaysian Islamic banking sector: a non-stochastic frontier approach. International Journal of Accounting and Finance, 1 (2) pp. 193-215
2006 Correlation and benefits of portfolio diversification among equity markets of developed countries and emerging countries in South East Asia region. International Journal of Economics and Management, 1 (1) pp. 43-66
2006 Correlation studies on equity markets using linear regression model - Malaysia, developing and developed markets . Journal of International Business and Entrepreneurship, 12 (2) pp. 45-63
2006 The pricing efficiency of equity warrants: a Malaysian case. The ICFAI Journal of Derivatives Markets, III (3) pp. 6-22
Conference or Workshop Items

2024 Consumers’ acceptance intentions towards family takaful in Malaysia: a focus on the extended Unified Theory of Acceptance and Use of Technology (UTAUT2). In: International Conference on Business and Technology,
2024 Exploring green human resource management to achieve sustainability in the banking industry of Bangladesh. In: International Conference on Business and Technology, ICBT 2023,
2024 FinTech innovation and financial inclusion in Malaysia: a systematic review. In: 2024 3rd International Conference on Creative Communication and Innovative Technology, ICCIT 2024,
2023 Impact assessment of Covid-19 outbreak on technical efficiency and growth trajectory of the banking sector. In: The 2nd GPDRL College of Law International Conference on Legal, Socio-economic Issues and Sustainability (GPDRLIC2023),
2021 Entrepreneurship model in Zakat Institution of Muhammadiyah: case study in Lazismu Yogyakarta Province. In: Fourth International Conference on Sustainable Innovation 2020 – Humanity, Education and Social Sciences (IcoSIHESS 2020),
2021 Exploring the role of the banking industry in promoting the betterment of financial inclusion in Tajikistan. In: International Conference on Islamic Financial Literacy,
2021 Shariah board and the performance of Islamic banks. In: International Research Conference on Shariah Compliant Industries (IRCSI),
2021 The motivation of continuous cash waqf in Malaysia from Islamic expectancy theory. In: International Conferences on Contemporary Islamic Studies (ICIS 2021),
2021 The role of Lazismu on entrepreneurship empowerment program for the poor. In: Fifth International Conference on Sustainable Innovation 2020 – Humanity, Education and Social Sciences (IcoSIHESS 2021),
2020 A conceptual paper on developing musharakah mutanaqisah model using zakat fund for empowering Muslims refugees. In: 8th ASEAN Universities International Conference on Islamic Finance (AICIF 2020),
2020 Corporate governance and firm performance: a longitudinal study. In: 22nd Malaysian Finance Association Conference 2020 (MFAC 2020),
2020 Corporate social responsibility disclosure of Malaysian shariah public listed companies. In: Persidangan Antarabangsa Sains Sosial dan Kemanusiaan Kali ke-5 (PASAK 2020),
2020 Entrepreneurship model in zakat institution of Muhammadiyah. case study in Lazismu Yogyakarta Province. In: 2nd International Symposium on Social Sciences, Humanities, Education & Religious Studies (ISSHERS) 2020,
2020 Foreign currency and interest rate derivatives on firm value: evidence on Shari’ah compliant firms. In: 22nd Malaysian Finance Association Conference 2020 (MFAC 2020),
2020 How to publish your research paper in indexed journal. In: Virtual International Seminar on Islamic Finance (VISIF 2020) & PhD Colloquium 2020,
2020 How to publish your research paper in Scopus-indexed journal (TIFBR Go for Scopus). In: Workshop: Tazkia Islamic Finance and Business Review (TIFBR) Go for SCOPUS,
2020 Level of corporate social responsibility disclosure of Malaysian Shariah public listed companies. In: 22nd Malaysian Finance Association Conference 2020 (MFAC 2020),
2020 Model risk and the Covid–19. The reality in Islamic banking industry. In: The 6th Islamic Finance Conference (IFC 2020),
2020 Shariah Board governance, IFSA 2013 and Islamic banks’ performance. In: 8th ASEAN Universities International Conference on Islamic Finance (8th AICIF) 2020,
2020 Will inclusion of precious metals in Nigerian stocks and oil portfolio lead to diversification benefit in the era of covid-19? MGARCH-DCC approach. In: 22nd Malaysian Finance Association Conference 2020 (MFAC 2020),
2019 Does perceived usefulness and perceived ease of use affect intention to use crowdfunding platforms?. In: 21st Malaysian Finance Association Conference 2019 (MFAC 2019),
2019 Hedging effectiveness of Malaysian derivative markets under different asset classes. In: 1st International Conference on Financial Markets (ICFM 2019),
2019 Increasing the role of zakat institutions in poverty reduction through productive zakat programs in Indonesia. In: The 3rd International Conference on Sustainable Innovation 2019 (ICoSI),
2019 Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust. In: INTERNATIONAL SYMPOSIUM ON APPLIED STRUCTURAL EQUATION MODELING AND METHODOLOGICAL MATTERS SASEM 2019,
2019 Service quality on customers’ satisfaction and loyalty. Survey evidence on mediation role of trust in Islamic banks. In: The 7th ASEAN Universities International Conference on Islamic Finance (AICIF 2019),
2019 The ripple effect of residential property price in Malaysia. In: 1st International Conference on Financial Markets (ICFM 2019),
2019 The role of perceived benefits in formation of intention to use Islamic crowdfunding platform among small and medium enterprises in Malaysia. In: International Conference on Business, Management, Technology and Education ( ICBMTE 2019),
2018 Islamic home financing instruments in Malaysia: the emerging issue of financial (Un)affordability. In: 6th ASEAN Universities International Conference on Islamic Finance (AICIF),
2018 Measuring bank stability: a comparative analysis between Islamic and conventional banks in Malaysia. In: 2nd Advances in Business Research International Conference (ABRIC 2016),
2018 Residential property price hike and speculation. In: 9th International Real Estate Research Symposium IRERS 2018,
2018 The effect of corporate governance on Islamic banking performance using maqasid index approach in Indonesia. In: 6th ASEAN Universities International Conference on Islamic Finance (AICIF),
2018 The potential of crowdfunding platform in developing cash-waqf.. In: 6th International Conference of Entrepreneurial Finance,
2017 An empirical investigation of fund managers’ religiosity level during investment decisions. In: International Islamic Fund And Wealth Management Forum (IIFWMF),
2017 An investigation of shariah penny stocks’ performance and its determinants: Evidence from Bursa Malaysia. In: International Islamic Fund And Wealth Management Forum (IIFWMF),
2017 Malaysian stock index futures market hedging effectiveness: symmetric and asymmetric model. In: International Islamic Fund And Wealth Management Forum (IIFWMF),
2017 Performance of ESG versus Shariah compliant firms in Malaysia. A conceptual framework. In: International Islamic Fund and Wealth Management FORUM (IIFWMF),
2017 The ASEAN market: cross-border collaboration in Islamic finance between Malaysia and Thailand. In: Global Forum on Islamic Economics, Finance & Banking (IEFB),
2016 A comparative analysis of stability measures between Islamic and conventional banks in selected MENA countries during 1999 to 2015. In: 4 th ASEAN International Conference on Islamic Finance (AICIF 2016),
2016 Debt determinants of shariah approved firms: Empirical evidence from Malaysia. In: 4th ASEAN International Conference on Islamic Finance (AICIF 2016),
2016 Determinants of efficiency of Islamic banks: Indonesian evidence. In: 4th ASEAN International Conference on Islamic Finance (AICIF 2016),
2016 Does the corporate financing behaviour of shariah compliant firms differ from non-shariah compliant firms? An Indonesian empirical evidence. In: 4th ASEAN International Conference on Islamic Finance (AICIF 2016),
2016 Measuring bank stability: a comparative analysis between Islamic and conventional banks in Malaysia. In: 2nd Advances in Business Research International Conference ABRIC 2016),
2016 Overview of property price and its influencing factors in Malaysia. In: National Seminar on Abandoned Housing Projects: Causes & Solutions,
2016 Shari’ah supervisory board characteristics effects on Islamic banks’ performance: Evidence from Malaysia. In: 4th ASEAN International Conference on Islamic Finance (AICIF 2016),
2016 The financing choices of firms after financial liberalization : Indonesian evidence. In: 4th ASEAN INTERNATIONAL CONFERENCE ON ISLAMIC FINANCE (4th AICIF 2016),
2015 Corporate financing behaviour of Shariah compliant E50 SMEs. A panel data approach of GMM . In: ASEAN International Conference on Islamic Finance (AICIF 2015),
2015 A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives. In: International Conference on Global Business & Social Entrepreneurship (ICoGBSE2015),
2015 Capital structure determinants of Shariah-compliant firms: Malaysian evidence. In: 17th Malaysian Finance Association Conference 2015 (MFAC 2015),
2015 Crude palm oil market volatility: pre and post crisis periods. Evidence from Qarch. In: ASEAN International Conference on Islamic Finance (AICIF 2015),
2015 Debt financing behaviour of Shariah compliant SMEs (enterprise 50). A dynamic approach on Malaysian Islamic capital market . In: International Conference on Islamic Perspective of Accounting, Finance, Economics and Management (IPAFEM 2015),
2015 Debt financing behaviour: panel data evidence on medium enterprises. In: International Conference on Global Business & Social Entrepreneurship (ICoGBSE2015),
2015 Determinants of working capital management before, during and after the global financial crisis of 2008: evidence from Malaysia. In: Asia-Pacific Conference on Business and Social Sciences 2015 (in partnership with The Journal of Developing Areas,
2015 Modelling debt financing behaviour of Malaysia SMEs. In: 2nd International Symposium on Technology Management & Emerging Technologies (ISMET 2015),
2015 Volatility component of derivative market: evidence from FBMKLCI based on CGARCH . In: International Conference on Global Business & Social Entrepreneurship (ICoGBSE2015),
2014 Crude palm oil market volatility: Malaysian evidence. In: National Research & Innovation Conference for Graduate Studies in Social Sciences 2014 (GS-NRIC 2014) ,
2014 Debt: how much is too much?. In: Kongsi_Ilmu@FEP UKM,
2014 Derivatives, pricing efficiency and gharar. Evidence on embedded options in Malaysia. In: 2nd Asean International Conference on Islamic Finance ,
2014 Embedded options and the issue of Gharar. Malaysian empirical evidence. In: InauguraI International Conference of Finance and Financial Services 2014,
2014 Gharar and mispricing of equity warrants, Malaysian evidence. In: Islamic Banking & Finance 2014 Conference,
2014 Long-run relationship between Malaysian crude palm oil spot and futures market. In: National Research & Innovation Conference for Graduation Students in Social Sciences 2014 (GS-NRIC 2014),
2014 The existance of target capital structure on Indonesian firms. A dynamic approach. In: 2014 International Symposium on Technology Management And Emerging Technologies (ISTMET 2014),
2013 Adjustment factors and firms’ rational financing behaviour. Malaysia evidence . In: Seminar Hasil Penyelidikan Sektor Pengajian Tinggi Kementerian Pendidikan Malaysia, Ke-3 2013,
2013 Capital structure inconclusiveness: evidence from Malaysia . In: Seminar Hasil Penyelidikan Sektor Pengajian Tinggi Kementerian Pendidikan Malaysia, Ke-3 2013,
2013 Investigating firm and country specifics in pursuing optimality. Shariah compliant securities in Malaysia. In: MFA Conference : Financial Challenges and Economic Growth. The Way Forward,
2013 Key factors influencing target capital structure of property firms in Malaysia. In: Seminar Hasil Penyelidikan Sektor Pengajian Tinggi Kementerian Pendidikan Malaysia, Ke-3,
2012 Corporate financing dynamics: Malaysia empirical evidence. In: Penyelidikan Memacu Transformasi,
2012 Is Capital Structure Study Still A Puzzle? Southeast Asian Panel Data Evidence . In: 14th Malaysian Finance Association Conference 2012,
2012 Predicting sukuk default probability and its relationship with the sukuk rating level: case study of sukuk in Malaysia. In: International Conference on Islamic Finance 2012 & 6th Regional Shariah Scholars Dialogue (ICIF2012),
2012 Sukuk, bond market development and target capital structure : selected Southeast Asian Countries. In: International Islamic Accounting and Finance Conference,
2011 Corporate financing decisions: Malaysia survey evidence. In: 13th Malaysian Finance Association Conference 2011,
2011 Determinants of target capital structure: evidence on South East Asia countries. In: Global Business and Social Science Research,
2011 Determinants of target capital structure: evidence on South East Asia countries under dynamic framework. In: Financial Innovation and Transformation in the 21st century,
2011 Dynamism of capital structure: evidence from selected South East Asia countries panel data. In: 13th Malaysian Finance Association Conference 2011,
2011 Practices of capital structure decisions in Malaysia . In: Global Business and Social Science Research Conference ,
2009 The linkage between board of directors characteristics, distinct business environments and organizations financial performance. In: Financial Markets, Governance and Growth: Issue and Challenges,
2008 Correlation and portfolio diversification among South East Asia, emerging and developed countries . In: 15th Annual Conference of the Multinational Finance Society,
2007 On the efficiency of the Malaysian banking sector: a risk-return perspective . In: 9th Malaysian Finance Association Conference,
2006 Correlation studies on equity markets using linear regression model - Malaysia developing and developed markets. In: MFA's 8th. Annual Conference ,
2006 Musharakah Mutanaqisah and Al-Bay’ Bithaman Ajil Contracts as means for homeownership: a conceptual comparison . In: Young Scholars Conference,
2006 The performance of Islamic and conventional unit trust funds in Malaysia . In: Young Scholars Conference,
2006 The pricing efficiency of Malaysian equity warrants: studies using black scholes option pricing model (BSOPM) . In: MFA's 7th. Annual Conference ,
Books

2026 Islamic finance and climate action: ethics, environmental stewardship and sustainability. Routledge (Taylor & Francis Group), ISBN: 9781032944715
2024 Islamic finance and sustainable development: a global framework for achieving sustainable impact finance. Routledge, Taylor & Francis Group, ISBN: 978-1-032-74307-3
2024 Islamic green finance a research companion. Routledge, ISBN: 978-1-032-67291-5
2024 Islamic sustainable finance: policy, risk and regulation. Routledge, Taylor & Francis Group, ISBN: 978-1-032-49784-6
2023 Financial crises: challenges and solutions. IntechOpen, ISBN: 978-1-80356-867-6
2021 Banking and finance. IntechOpen, ISBN: 978-1-78984-682-9
2021 Handbook of research on Islamic social finance and economic recovery after a global health crisis. IGI Global, ISBN: 9781799868118
2019 Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic banking and finance. IIUM Press, International Islamic University Malaysia, ISBN:
2019 Islamic fund & wealth management: a way forward. IIUM Press, ISBN: 978-983-44568-4-9
2018 Al-Shajarah: Special Issue, Islamic Banking and Finance, 2018. IIUM Press, ISBN: 1394-6870
2017 Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic banking and finance. IIUM Press, International Islamic University Malaysia, ISBN:
Book Sections

2026 Blue Sukuk: Islamic finance instrument to promote blue economy. In: Routledge (Taylor & Francis Group), ISBN: 9781032944715, pp. 204-214
2026 Environmental Waqf for climate action in the light of Maqasid al-‘Imran: (Hifz al-‘Imran or Hifz al-Bi’ah). In: Routledge, ISBN: 9781032944715, pp. 42-54
2026 Environmental Waqf for climate action in the light of Maqasid al-‘Imran: (Hifz al-‘Imran or Hifz al-Bi’ah). In: Routledge, ISBN: 9781032944715, pp. 42-54
2026 Projects towards climate action: Case of BRICS. In: Routledge (Taylor & Francis), ISBN: 9781032944715, pp. 168-177
2026 Projects towards climate action: Case of BRICS. In: Routledge (Taylor & Francis), ISBN: 9781032944715, pp. 168-177
2024 Artificial intelligence and financial risk mitigation. In: Wiley, ISBN: 978-1-394-17555-0, pp. 53-79
2024 Bridging finance and sustainability: Islamic financial institutions’ contributions to the transition to sustainable energy. In: IGI Global, ISBN: 979-8-3693-3282-5, pp. 138-161
2024 Carbon footprint of bank loans and climate change risk mitigation: an experience of banking industry in Malaysia. In: Routledge, ISBN: 978-1-032-49784-6, pp. 133-145
2024 ESG, derivatives and Islamic financial sustainability. In: Routledge, ISBN: 978-103249784-6, pp. 66-76
2024 Ethical investing: how does SRI Sukuk affect the green economy?. In: Routledge, ISBN: 978-1-032-67291-5, pp.
2024 Impact of Islamic green finance on GDP: a cross Country analysis. In: Routledge, ISBN: 978-1-032-67291-5, pp. 45-54
2024 Islamic micro-financing for SMEs towards its sustainability: an experience from Libya. In: Routledge, ISBN: 978-1-032-74307-3, pp. 32-46
2024 Islamic sustainable finance: Gulf experiences. In: Routledge, ISBN: , pp.
2024 Islamic sustainable finance: Gulf experiences. In: Routledge, ISBN: , pp.
2024 Islamic sustainable finance: how does VBI facilitate?. In: Routledge Taylor & Francis Group, ISBN: 978-103249784-6, pp. 51-65
2024 Islamic sustainable finance: its experience from SAARC. In: Routledge, ISBN: 9781032743073, pp. 24-31
2024 Islamic sustainable finance: the role of Islamic banking standards. In: Routledge, ISBN: 978-1-032-49784-6, pp. 102-116
2024 Issues and challenges of sustainable finance in the Islamic capital market. In: Routledge, ISBN: 978-1-032-74307-3, pp. 195-208
2024 Issues and challenges of sustainable finance: an experience from the Islamic banking industry. In: Routledge, ISBN: 978-1-032-74307-3, pp. 187-194
2024 SDGs and how does Islamic green finance matter? an experience. In: Routledge, ISBN: 9781032672915, pp. 33-42
2024 Strategic action-plan of Islamic banks towards sustainable finance. In: Routledge, ISBN: 978-1-032-49784-6, pp. 33-40
2024 Sustainable finance: how does zakat management matter?. In: Routledge, ISBN: 978-1-032-49784-6, pp. 160-169
2024 Zakat governance towards sustainable finance. In: Routledge, ISBN: 978-1-032-74307-3, pp. 97-108
2023 ESG practices and firm risk: evidence from Malaysia. In: Springer, ISBN: 978-3-031-27859-4, pp. 501-510
2023 Global pandemic and stock market volatility of Asia-Pacific countries. In: Edward Elgar Publishing, Inc., ISBN: 978 1 80037 735 6 (cased), pp. 176-180
2022 Foreign currency and rate derivatives on firm value a Sharī ͑ah experience. In: Routledge, ISBN: 9780367546465, pp. 224-245
2022 Impact of derivatives on firm value: evidence on Shariah and non-Shariah compliant firms. In: Springer Nature Switzerland, ISBN: 978-3-030-98999-6, pp. 519-536
2022 Impact of derivatives on firm value: evidence on Shariah and non-Shariah compliant firms. In: Springer Nature Switzerland, ISBN: 978-3-030-98999-6, pp. 519-536
2022 Malay ethnic directors, board attributes and ownership structure on firm performance: corporate governance evidence from an emerging market. In: Springer Nature Switzerland AG, ISBN: 978-3-030-98999-6, pp. 497-518
2022 Malay ethnic directors, board attributes and ownership structure on firm performance: corporate governance evidence from an emerging market. In: Springer Nature Switzerland AG, ISBN: 978-3-030-98999-6, pp. 497-518
2022 The dynamic capital structure decision of firms in Indonesia. In: Springer Nature Switzerland AG 2022, ISBN: 978-3-030-98999-6, pp. 103-124
2022 The dynamic capital structure decision of firms in Indonesia. In: Springer Nature Switzerland AG 2022, ISBN: 978-3-030-98999-6, pp. 103-124
2021 Adoption of financial technology in Islamic crowd-funding: predicting small and medium-sized enterprises’ intention to use the investment account platform. In: IGI Global, ISBN: 9781799885467, pp. 216-238
2021 Adoption of financial technology in Islamic crowd-funding: predicting small and medium-sized enterprises’ intention to use the investment account platform. In: IGI Global, ISBN: 9781799885467, pp. 216-238
2021 The role of zakat during pandemic crisis and post recovery (maqāsid al-sharīʽah perspective). In: IGI Global, ISBN: 9781799868118, pp. 1-18
2021 The role of zakat during pandemic crisis and post recovery (maqāsid al-sharīʽah perspective). In: IGI Global, ISBN: 9781799868118, pp. 1-18
2021 The role of zakat during pandemic crisis and post recovery (maqāsid al-sharīʽah perspective). In: IGI Global, ISBN: 9781799868118, pp. 1-18
2021 The role of zakat during pandemic crisis and post recovery (maqāsid al-sharīʽah perspective). In: IGI Global, ISBN: 9781799868118, pp. 1-18
2021 Zakat and the performance of Islamic banks. Empirical evidence. In: IGI Global, ISBN: 9781799868118, pp. 1-18
2020 Capital adequacy regulation. In: IntechOpen, ISBN: , pp. 1-13
2020 Capital adequacy regulation. In: IntechOpen, ISBN: , pp. 1-13
2020 Capital adequacy regulation. In: IntechOpen, ISBN: , pp. 1-13
2020 Capital adequacy regulation. In: IntechOpen, ISBN: , pp. 1-13
2020 Corporate governance and firm performance in an emerging market: the case of Malaysian firms. In: IGI Global, ISBN: 9781799821366, pp. 208-226
2020 Relevance of shari’ah governance in driving performance of Islamic Banks during the financial crisis: international evidence. In: IntechOpen, ISBN: , pp. 1-13
2020 Relevance of shari’ah governance in driving performance of Islamic Banks during the financial crisis: international evidence. In: IntechOpen, ISBN: , pp. 1-13
2020 Relevance of shari’ah governance in driving performance of Islamic Banks during the financial crisis: international evidence. In: IntechOpen, ISBN: , pp. 1-13
2020 Relevance of shari’ah governance in driving performance of Islamic Banks during the financial crisis: international evidence. In: IntechOpen, ISBN: , pp. 1-13
2020 Shari’ah governance for Islamic banking: evidence from diverse regulatory environments. In: IGI Global, ISBN: 9781799816119 (hardcover), 9781799834724 (softcover), pp. 213-244
2019 Adoption of financial technology in Islamic crowd-funding: predicting small and medium-sized enterprises’ intention to use the investment account platform. In: IGI Global, ISBN: 9781799800392, pp. 12-35
2019 An investigation of Sharīʿah penny stocks’ performance and its determinants: evidence from Bursa Malaysia. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 227-239
2019 An investigation of Sharīʿah penny stocks’ performance and its determinants: evidence from Bursa Malaysia. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 227-239
2019 An investigation of Sharīʿah penny stocks’ performance and its determinants: evidence from Bursa Malaysia. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 227-239
2019 Debt financing determinants of Sharīʿah approved firms in Malaysia: evidence across industries. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 365-381
2019 Debt financing determinants of Sharīʿah approved firms in Malaysia: evidence across industries. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 365-381
2019 Debt financing determinants of Sharīʿah approved firms in Malaysia: evidence across industries. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 365-381
2019 Debt financing determinants of Sharīʿah approved firms in Malaysia: evidence across industries. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 365-381
2019 Financial sustainability of SMEs through Islamic crowdfunding. In: IGI Global, ISBN: 9781799802181, 1799802183, pp. 321-337
2019 Financial sustainability of SMEs through Islamic crowdfunding. In: IGI Global, ISBN: 9781799802181, 1799802183, pp. 321-337
2019 Investors’ confidence in the Malaysian stock market and religiosity during investment decisions. In: IIUM Institute of Islamic Banking and Finance (IIiBF), ISBN: 978-983-44568-4-9, pp. 77-96
2019 Investors’ confidence in the Malaysian stock market and religiosity during investment decisions. In: IIUM Institute of Islamic Banking and Finance (IIiBF), ISBN: 978-983-44568-4-9, pp. 77-96
2019 Investors’ confidence in the Malaysian stock market and religiosity during investment decisions. In: IIUM Institute of Islamic Banking and Finance (IIiBF), ISBN: 978-983-44568-4-9, pp. 77-96
2019 Islamic wealth management from a Maqasid-based perspective: a case study of Malaysia. In: IIUM Institute of Islamic Banking and Finance (IIiBF), ISBN: 978-983-44568-4-9, pp. 271-286
2019 Islamic wealth management from a Maqasid-based perspective: a case study of Malaysia. In: IIUM Institute of Islamic Banking and Finance (IIiBF), ISBN: 978-983-44568-4-9, pp. 271-286
2019 Malaysian stock index futures market hedging effectiveness: symmetric and asymmetric model. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 197-207
2019 The potential of sharī'ah-compliant equity crowdfunding as a source of fund for new entrepreneurs in Malaysia. In: IIiBF, International Islamic University of Malaysia, ISBN: 978-983-44568-4-9, pp. 179-196
2019 The potential of sharī'ah-compliant equity crowdfunding as a source of fund for new entrepreneurs in Malaysia. In: IIiBF, International Islamic University of Malaysia, ISBN: 978-983-44568-4-9, pp. 179-196
2019 Towards developing Islamic Equity Crowdfunding-Waqf Model (IECWM) to harness the potential of waqf land in Malaysia. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 37-48
2019 Towards developing Islamic Equity Crowdfunding-Waqf Model (IECWM) to harness the potential of waqf land in Malaysia. In: IIUM Institute of Islamic Banking and Finance, ISBN: 978-983-44568-4-9, pp. 37-48
2017 Ownership and debt financing: Indonesia evidence. In: InTechOpen, ISBN: 978-953-51-5557-7, pp. 1-24
2013 Capital structure of Southeast Asian firms. In: Palgrave Macmillan, ISBN: 978-1-137-26660-6, pp. 193-227
2011 Case studies in investment analysis. In: IIUM Press, ISBN: 978-967-418-185-7, pp. 33-40
Monograph

2012 Speed of adjustment towards target capital structure: Southeast Asia evidence. In: s.n,