Staff Directory


Rafiqa Bt Murdipi

Academic Qualifications

  • Ph.D in Economics - Doctor of Philosophy, Universiti Putra Malaysia (UPM)
  • Master of Economics - Masters Degree, University Putra Malaysia
  • Bachelor of Mathematical Sciences (Honours) - Bachelor Degree, International Islamic University Malaysia

Rafiqa Bt Murdipi (Dr.)

Assistant Professor
IIUM Gombak Campus

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES


rafiqa@iium.edu.my
4716


Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Economics/Applied Economics ~ Financial and Monetary Economics


Teaching Responsibilities


BUSINESS MATHEMATICS 2022/2023
FINANCIAL MARKETS AND INSTITUTIONS 2019/2020
FUNDAMENTALS OF FINANCIAL MANAGEMENT 2025/2026 2024/2025 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020
INTERNATIONAL FINANCE 2025/2026 2024/2025 2023/2024 2020/2021
MONEY, BANKING AND CAPITAL MARKETS 2019/2020
PRINCIPLES & PRACTICES OF TAKAFUL&RE-TAKAFUL 2019/2020
RESEARCH AND QUANTITATIVE METHODS 2025/2026 2024/2025 2021/2022
RESEARCH METHODOLOGY 2024/2025
USRAH IN ACTION 1 2023/2024
USRAH IN ACTION 2 2024/2025 2023/2024


Supervision


Managing Uncertainties Toward Sustainability Of Smes In Malaysia:Dynamic Capabilities Perspectives .
Ph.D Completed 2025 Supervisor Supervisory Committee
The Determinants Of Palm Oil Future Prices.
Ph.D In Progress Co-supervisor
Determinants Of Ngos Funds Acquisition.
Master Completed 2022 Co-supervisor
Dynamic Relationship Among Economic Volatility, Financial Technology And Stock Market Performance : Study In East Asia.
Master In Progress Main Supervisor
Climate Change And Bank Stability. The Moderating Effect Of Green Financing And Esg In Malaysian Islamic And Conventional Banks.
Master In Progress Co-supervisor
The Effectiveness Of Islamic Green Financing In Supporting Malaysia’S Economic And Environmental Goals.
Master In Progress Co-supervisor


Research Projects


Completed
No data
On-Going
2025 - Present Unraveling the Nexus: Dynamic Interlinkages Between Islamic Financial Inclusion, Economic Uncertainty, and Socioeconomic Development
2025 - Present Constructing a Corporate Social Performance (CSP) Index for Measuring Sustainable Finance in the Banking Sector
2025 - Present Climate change risk and financial stability in ASEAN-5 countries: The mitigating impact of green finance and ESG.
2025 - Present Demographic transition and labour market reform: the role of digitalisation
2022 - Present Integration of SDGs into Corporate Performance Model for Sustainable Corporate Value Creation
2022 - Present The Impact of US-China Uncertainties and Financial Inclusion on Industrial and Sectoral Growth in Malaysia: Exploring the Challenges towards achieving Sustainable Development Goal


Awards & Recognition


13 Aug, 2025 Appreciation Award - KULIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
13 Aug, 2025 Community Engagement Award :Indonesia Academic Outbound Programme to College University of Tazkia, Bogor, Indonesia - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
13 Aug, 2025 Community Engagement Award Finance Summit 2024 - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
13 Aug, 2025 Competition Advisor - KULIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
06 Jan, 2025 Silver Award YSM AGROPRENEURS FOR SUSTAINABLE LIVING - International Islamic University Malaysia University
23 Jul, 2024 Social Entrepreneurship IIUM Flagship Award - International Islamic University Malaysia University
17 Jul, 2024 Special Kulliyyah Award - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
07 Jun, 2024 Bronze Award YSM AGROPRENEURS FOR SUSTAINABLE LIVING - International Islamic University Malaysia University
07 Jun, 2024 Silver Award YSM AGROPRENEURS FOR SUSTAINABLE LIVING - International Islamic University Malaysia University
17 Jan, 2024 Merit Award for scholarship in community engagement Programme: Integrity Week 2024 - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
27 Jul, 2023 MERIT AWARD FOR SCHORLARSHIP COMMUNITY ENGAGEMENT (INTEGRITY TEAM) - KENMS KCDIO
27 Jul, 2023 APPRECIATION TO PREVIOUS ADMINISTRATION 2021 UNTIL 2023 TERM (UNDERGRADUATE COORDINATOR) - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
31 Dec, 2022 MERIT AWARD FOR SCHOLARSHIP COMMUNITY ENGAGEMENT - KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES KCDIO
09 Sep, 2022 Best Paper: Top 6 - Association of Malaysian Environment-Behaviour Researchers Association of Behavioural Researchers on Asians/Africans/Arabians Centre for Environment-Behaviour Studies, FSPU, UiTM, Malaysia National
30 Jun, 2022 MERIT AWARD FOR SCHOLARSHIP COMMUNITY ENGAGEMENT - KULLIYYAH OF ECONOMICS & MANAGEMENT SCIENCES University


Publications


Articles

2025 Asymmetric causality between economic uncertainty and financial development: empirical evidence. International Journal of Research and Innovation in Social Science, 9 (15) pp. 1308-1314
2024 The impact of humanization on the sustainability of Malaysian SMEs. International Journal of Academic Research in Business & Social Sciences, 14 (8) pp. 3217-3231
2023 Portfolio capital flows and economic growth: do institutional factors matter?. Research in International Business and Finance, 66 () pp. 1-19
2023 The effect of digitalization on the sustainability of Malaysian SMEs. International Journal of Academic Research in Business & Social Sciences, 18 (1) pp. 655-668
2019 The international transmission of volatility shocks on an emerging economy: the case of Malaysia. Malaysian Journal of Economic Studies, 56 (2) pp. 243-265
2016 Dynamic linkages between price indices and inflation in Malaysia. Jurnal Ekonomi Malaysia, 50 (1) pp. 41-52
Conference or Workshop Items

2022 Impact of technological advancements on environmental degradation: evidence from ASEAN. In: 0th Asia-Pacific International Conference on Environment-Behaviour Studies,
2022 The impact of digitalization towards the Sustainability of Malaysian smes: The dynamic capabilities perspective. In: 1st International Conference on Entrepreneurship, Innovation and Technology (ICEIT 2022),
2021 Introduction to GARCH. In: Introduction to GARCH,
2018 The role of institutions in mitigating the risk of push and pull factors on economic growth. In: 2018 Vietnam Symposium in Banking and Finance,
Books

2023 mKitchen™ towards Masyarakat Madani. mKitchen KICT IIUM, ISBN: 9789672656999
2023 Rumah Makan mKitchen for Free Food Distribution. mKitchen, KICT IIUM, ISBN: 978-967-26569-8-2
2022 Batch 3 IIUM mkitchen students. mKitchen, ISBN: 978-967-26569-6-
2022 Budi Ramadan mKitchen IIUM students. mKitchen KICT, ISBN: 978-967-26569-4-4
2022 Empowered batch 3 IIUM mkitchen students. mKitchen, ISBN: 978-967-26569-7-5
2022 MKitchen IIUM students integrate food with budi sejahtera. mKitchen Kulliyyah of Information and Communication Technology (KICT), ISBN: 978-967-26569-3-7
2022 Readings on Sejahtera MKitchen Entrepreneurship. mKitchen KICT IIUM, ISBN: 978-967-26569-5-1
Book Sections

2025 Promoting unity and cooperation: reviving Ukhuwwah Islamiyyah as a civilisational force and poverty eradication. In: Sejahtera Consumerism Kulliyyah of Economics and Management Sciences IIUM, ISBN: 9789672635185, pp. 48-53
2025 Promoting unity and cooperation: reviving Ukhuwwah Islamiyyah as a civilisational force and poverty eradication. In: Sejahtera Consumerism Kulliyyah of Economics and Management Sciences IIUM, ISBN: 9789672635185, pp. 48-53
2023 The impact of digitalization towards the sustainability of Malaysian SMEs: the dynamic capabilities perspective. In: Springer Nature, ISBN: 978-3-031-28313-0, pp.
2021 Sejahtera Leadership and Sustainable Development Goal (SDGs). In: Kulliyyah of Economics and Management Sciences International Islamic University Malaysia, ISBN: 978-967-2621-94-2, pp. 141-145
2021 Self reflection practices of dhikr in daily life and ikhlas. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 9789672621928, pp. 111-116