Staff Directory


Hassanudin Bin Mohd Thas Thaker

Academic Qualifications

  • PhD in Business Administration - Doctor of Philosophy, International Islamic University Malaysia
  • MSc in Finance - Masters Degree, International Islamic University Malaysia
  • Bachelor of Business (Hons) in Finance - Bachelor Degree, HELP University
  • Postgraduate Certificate in Academic Practice - Certificate, Lancaster University

Hassanudin Bin Mohd Thas Thaker (Assoc. Prof. Dr.)

Associate Professor
IIUM Gombak Campus

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES


hassanudin@iium.edu.my
4603


Expert Profile


Dr. Hassanudin Mohd Thas Thaker is an experienced Associate Professor of Finance and Economics with a demonstrated history of working in the higher education industry. Skilled in International Trade and Finance, Crowdfunding, Islamic Finance, Financial Technology and Affordable Housing/Property. Strong education professional with a Postgraduate Certificate in Academic Practice (PGCAP) from Lancaster University, UK and obtained fellowship of Higher Education of Academy (FHEA) in 2021. An active researcher with contributions appearing in numerous international journals of finance and economics, reviewer and highly engaged in the industry grants. He had been awarded with: (i) Best Paper Award, (ii) Distinguished Paper Awards, (iii)Outstanding Paper- Academic Excellence Award by Emerald Group Publishing, (iv) the Vice-Chancellor's Research: Award for Achievement in Research and the Editor's Choice Article Award. His H-Index in now more than 20 while i10- index is more than 30. Currently, Dr. Hassanudin is an academic member at the Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM). Before joining IIUM, Dr. Hassanudin held positions at the business schools of UCSI University, Malaysia, Sunway University, Malaysia and HELP University, Malaysia. He has been invited by central banks from Malaysia and Indonesia, Asian Development Bank Institute (ADBI), State Government, universities etc. to share his research findings on current issues like housing markets, fintech, digital economy, ESG etc. He is also holding and completed some local and international grants awarded by industry and Ministry of Higher Education of Malaysia. In addition, he was the recipient of travel grant to the Harvard University, United States in 2018. He is a regular co-organizer of international conference such as 10th, 11th and 12th Foundation of Islamic Finance Conference since 2019. He is also appeared in local media and radio stations covering issues in finance and economics. 


Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Economics/Applied Economics ~ Public Finance
  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Banking - Asean Economies
  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Financial Institutions
  • Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Other Islamic Finance n.e.c.
  • Economics, Business And Management ~ Economics, Business And Management ~ Entrepreneurship ~ Financing Small Business
  • Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Islamic Banking
  • Economics, Business And Management ~ Economics, Business And Management ~ Economics/Applied Economics ~ International Finance


Professional Membership


  • 2023 - 2023 : Member of Profesional Body / Association: (Ordinary Member), Malaysian Finance Association
  • 2023 : Member of Profesional Body / Association: (Life Membership), Persatuan Ekonomi Malaysia


Teaching Responsibilities


ADVANCED FINANCE 2024/2025
ASEAN ECONOMIES 2023/2024
ECONOMICS OF MONEY, BANKING AND FINANCIAL SYSTEM 2024/2025
FINANCIAL ECONOMICS 2023/2024
PUBLIC FINANCE 2023/2024
PUBLIC FINANCE AND POLICY 2024/2025
RESEARCH METHODOLOGY 2024/2025


Supervision


Developing A Capacity Maturity Model For Business Analytic Education In Malaysia Higher Education Institutions.
Ph.D In Progress Main Supervisor


Research Projects


Completed
2024 - 2025 Transformative Impact: Unveiling Malaysia's Exemplary Case Study on Social Finance Initiatives in Islamic Banking and Finance
2023 - 2024 Public Finance and Islamic Economics: The state of art and future research agenda
2023 - 2025 Public Finance from Islamic Perspective
On-Going
2025 - Present Brain Drain in Malaysia: An Islamic Socio-Economic Perspective on Talent Exodus and Sustainable Solutions
2025 - Present Enhancing Hospital Evacuation Protocols through Socio-Economic and Patient-Specific Data Integration
2024 - Present Housing Affordability in Malaysia
2023 - Present Developing Integrated Waqf-Crowdfunding Model (IWCM) For Business Financing Of Micro Enterprises In Malaysia


Awards & Recognition


29 Jul, 2025 Top 57 IIUM Indexed (WOS/SCOPUS) Authors in 2024 - International Islamic University Malaysia (IIUM) University
30 Jun, 2025 Best Paper Award - Universiti Malaysia Sabah (UMS) National
16 May, 2024 Judge for 3MT Thesis Competition - International Islamic University Malaysia University
01 May, 2023 Most Popular Research Paper - Borsa Istanbul Review International


Publications


Articles

2025 A discourse on abandoned housing projects (AHPS) and the potential of crowdfunding: Malaysian evidence. Global Review of Islamic Economics and Business, 13 (1) pp. 32-46
2025 Do Islamic cryptocurrency and Bitcoin co-move at different investment horizons?. International Journal of Islamic and Middle Eastern Finance and Management, 18 (5) pp. 1039-1065
2025 Drivers of trade market behavior effect on renewable energy consumption: a study of MINT (Mexico, Indonesia, Nigeria, and Turkey) economies. Discover Sustainability, 6 () pp. 1-22
2025 Israeli-Palestinian conflict, boycotted products' stock shares, geopolitical risk, policy uncertainty, and oil prices nexus: evidence from wavelet-based approach. Labuan e-journal of muamalat and society, 19 (1) pp. 84-105
2025 Magnetic macro drivers of labor efficiency: a study of high and low trade open economies. International Journal of Manpower, 46 (3) pp. 410-429
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
2025 Navigating currency crises: how developed nations ensure liquidity and what Indonesia can learn? The role of Islamic finance. Al Qasimia University Journal of Islamic Economics, 5 (1) pp. 93-136
2025 Trade reserve and exchange rate: a comparative analysis of high, moderate, and low trade openness countries. Journal of Economic Policy Reform, 28 (2) pp. 163-183
2024 An empirical analysis of trade market dynamics on CO2 emissions: a study of GCC economies. International Journal of Energy Economics and Policy, 14 (6) pp. 114-126
2024 Are trade openness drivers relevant to carbon dioxide emission? a study of emerging economies. International Journal of Energy Economics and Policy, 14 (2) pp. 183-196
2024 Magnetic macro drivers of trade openness: a study of BRICS economies. South Asian Journal of Macroeconomics and Public Finance, 13 (2) pp. 273-297
2024 Public finance and Islamic economics: the state of art and future research agenda = المالية العامة والاقتصاد الإسلامي: حالة الفن وأجندة البحوث المستقبلية. AL QASIMIA UNIVERSITY JOURNAL OF ISLAMIC ECONOMICS, 4 (1) pp. 183-205
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
2023 Is the association between FDI and inflation symmetric or asymmetric? Evidence from ARDL and NARDL techniques. The Singapore Economic Review, () pp. 1-27
2023 IT investment and Islamic banking performance in Indonesia: do sukuk issuance and shariah governance matter?. Banks and Bank Systems, 18 (1) pp. 75-87
2023 Measuring the efficiency of government-owned banks during the Covid-19 pandemic in the emerging economy. Corporate Board: Role, Duties and Composition, 19 (3) pp. 15-26
2023 Recent SDGs and ESG implementation by Qatar. Journal of Environmental Assessment Policy and Management, 25 (3) pp. 1-31
2023 What drives the unemployment rate in Maldives? An autoregressive distributed lag (ARDL) approach. Economic Journal of Emerging Markets, 15 (1) pp. 72-86
2023 What have we achieved so far in waqf (endowment) research? Evidence from Malaysia and Indonesia. Al Qasimia University Journal of Islamic Economics, () pp.
2023 When health and environment are entwined: an analysis of green, conventional and government bonds during the COVID-19 variants of concern (VOC). Journal of Climate Finance, 3 () pp. 1-16
Conference or Workshop Items

2023 Drivers of trade openness in MENA Countries. In: 2nd World Conference on Multidisciplinary Research & Innovation (WCMRI),
2023 Islamic economy and sustainability issues. In: International Guest Professor Series,
Books

2025 Islamic finance and sustainability: a research companion. Routledge Taylor & Francis Group, ISBN: 9781032855431
Book Sections

2025 Cryptocurrency and financial innovation: unveiling the motivators behind cryptocurrency investment intentions in Malaysia. In: Scrivener Publishing Wiley, ISBN: 9781394311651, pp. 181-202
2025 Factors influencing purchasing of green Islamic bank products: Arabic term as the moderator. In: Routledge, Taylor & Francis Group, ISBN: 9781032855431, pp. 109-130
2025 Impact of corporate sustainability on financial performance: insights from Malaysian Green Banks. In: Routledge, ISBN: 9781032855431, pp. 231-264
2024 Carbon finance in Malaysia: an analysis of issues and challenges. In: Palgrave McMillan, ISBN: 978-3-031-65755-9, pp. 481-507
Monograph

2025 Islamic finance and net zero: the need for sustainability taxonomies. In: Climate Finance Asia,
2025 Strengthening climate finance: the role of Green Sukuk. In: Climate Finance Asia,