Measuring good governance for Islamic financial institutions for achieving Islamic social finance objectives: The need for Shariah governance index. Emerald Publishing Limited.Alignment of Islamic banking sustainability indicators with sustainable development goals: Policy recommendations for addressing the covid-19 pandemic. Sustainability. Takaful, Zakat and Waqf instruments in ensuring holistic senior citizens program development in Malaysia. Journalof Islamic Finance.
Notableresearch projects undertaken
Determining Factors of Adoption and Rejection of Takaful by Malaysian Youths.Comparative Analysis of Shariah Governance in Islamic Financial Institutions Across Jurisdictions.Creating a Single Regulatory Body Governing Consumer Credit Industry in Malaysia.
Islamic finance and economic growth. GlobalFinance Journal.The effects of Islamic microfinancing, human capital and ICT usage on women micro-entrepreneurs’ performance in Malaysia. JournalofIslamicMonetary EconomicsandFinance. Islamic banking sector development and economic growth: Empirical evidence from Malaysia. InternationalJournal of Economics, Management and Accounting.
Notableresearch projects undertaken
Proposing a ta’awun-based framework incorporating Islamic social finance.Economic empowerment project for single mothers and housewives from B40 families through a sustainable community-based stingless bee project of Desa Kelulut. Developing a blockchain-based comprehensive performance measurement framework for efficient and sustainable Waqf institutions in Malaysia.
An overview of regulation policies for refugees in Malaysia and the selected European countries: current situation and future consideration. Journal of Human Development and Education for Specialized Research.An empirical comparison of sustainable and responsible investment sukuk, social impact bonds and conventional bonds. ISRA International JournalofIslamicFinance. Factors influencing behavioral intention to participate in family takaful in Malaysia: an extension of UTAUT2 theory. JournalofIslamicFinance
Notableresearch projects undertaken
Islamic Social Finance Framework for B40 in achieving Sustainable Development Goal 1The Formulation of a Consolidated Model for Dispute Resolution in the Islamic Finance Industry in Malaysia Modelling Regulation of Zakat Administration in Malaysia: A Triangulation Study
Basel III capital regulation framework and Islamic bank’s risk. IIUM Law Journal.Islamic smart city innovation, concept, application and Shari’ah parameters: A theoretical assessment and technological advancement in artificial intelligence. Global Journal of Research in Engineering.The significant role of Shariah Advisory Council (SAC) in dispute resolution mechanisms: the evolution of regulatory framework in Malaysia. Transnational DisputeManagement.
Notableresearch projects undertaken
Family waqf in Islamic law: An analysis of its socio-legal significance and its abolishment in Arab states and India. Mudarabah capital from multiple investors: Scope and consequences on the liability of investors and the entrepreneur in Islamic law.
Takaful (Islamic insurance) benefit: 0wnership and distribution issues in Malaysia. The Journal ofIslamicEconomics,BankingandFinance. A review of Shariah compliant instruments for Islamic credit cards as adopted by Malaysian financial institutions. International Journal of Monetary Economics and Finance.Application of the Build, 0perate, Transfer (B0T) contract as a means of financing development of Waqf land: Malaysian experience. ArabLawQuarterly.
Notableresearch projects undertaken
Musyarakah financing for SMEs.Zakat Mustaghalat: Satu analisis terhadap potensi kutipan di Wilayah Persekutuan.Cash Waqf and its implementation in modern Islamic finance.
Efficiency and competition of Islamic banking in Malaysia. Humanomics.Effect of intellectual capital on organizational performance. Procedia-Social and Behavioral Sciences.The impact of corporate social responsibility on stock price volatility of the US banks: a moderating role of tax. Journal of Financial Reporting and Accounting.
Notableresearch projects undertaken
Financial reporting of Islamic finance intangible assets.Social impact performance measurement model for Islamic financial institutions: Integrating sustainable development goals (SDGs), value-based intermediation (VBI), and Maqasid ash-Shari’ah.
Shari’ah supervisory board characteristics effects on Islamic banks’ performance: evidence from Malaysia. International Journal of Bank Marketing. Capital structure inconclusiveness: evidence from Malaysia, Thailand, and Singapore. International Journal of Managerial Finance.Service quality of Islamic banks: satisfaction, loyalty, and the mediating role of trust. Islamic Economic Studies.
Notableresearch projects undertaken
Musharakah as an Islamic financial structure for venture capital:Its potentials and possible applications for SMEs in MalaysiaProperty price hike and speculationFormulating new model to mitigate access to financing problem among SMEs in Malaysia
Islamic social finance and sustainable development goals: Issues and challenges. Journal of Islamic Finance.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).Performance of Islamic banks based on Maqasid Al-Sharr ah: A systematic review of current research. Journal of Islamic Accounting and Business Research.
Notableresearch projects undertaken
Leadership and Insan Sejahtera: applied maqasid of Shariah.Framework for validating the substance of Islamic financial instruments: An accounting perspective.Islamic social finance framework for B40 in achieving Sustainable Development Goal.
The Shariah framework for smart contracts, an original analytical study. Sustainable finance, digitalization and the role of technology: Proceedings of the international conference on business and technology.Shariah and accounting principles for calculating the actual cost of lending services among Islamic banks: Case of Malaysia. Sustainable finance, digitalization and the role of technology: Proceedings of the international conference on business and technology.P2P Islamic fintech investment innovation: A proposal of musharakah smart contract model for SMEs financing and social. Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization.
Notableresearch projects undertaken
The digital economy and its impact on contemporary lifestyle.Jurisprudential rules and legal controls for contemporary financial transactions.Shariah issues on Sukuk ownership: The investor perspective.
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.The impact of zakat distribution on social welfare: A case study of Selangor zakat agencies, Malaysia. Al-Shajarah: JournaloftheInternationalInstituteofIslamicThoughtandCivilization(ISTAC). The study of Islamic P2P crowd funding model as an alternative to SME financing in Nigeria. Chapter in Book: Artificial Intelligence and COVID Effect on Accounting.
Notableresearch projects undertaken
Developing a conceptual framework for zakat collection and distribution impact on social welfare and sustainability. Islamic social welfare (ISW) fintech Implication on SDGs and zakat distribution on 0IC countries. Pilot case of zakat agencies in Bangladesh.
The determinants of financial technology adoption amongst Malaysian waqf institutions. International Journal of Social Economics.Enhancing waqf management through fintech in Malaysia: A conceptual framework on the Technology Acceptance Model (TAM). Journal of Emerging Economies and Islamic Research. Risk mitigation for cash waqf collection using financial technology and Internet of Things. Chapter in Book: Artificial intelligence and Islamic finance.
Notableresearch projects undertaken
Expanding the waqf collections and performance through fintech: The Industry 4.0 wave.Islamic wealth management: A systematic literature review and framework for advance research plan.Exploring the potential of using zakat collection for the purpose of extending microfinance to the recipients of zakat.
A study on the sustainability of microfinance institutions in serving the low-income group in Malaysia. TurkishJournalof Islamic Economics. A conceptual framework for the impact of financial crime towards the financial performance of Islamic financial institutions. Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization.Rental yield as an alternative to interest rate in pricing Musyarakah Mutanaqisah home financing – the case for Malaysia. Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization.
Notableresearch projects undertaken
Exploring the potential of Islamic microfinance to improve financial condition for low-income households in Perlis. Crowdfunding in Islamic sustainable finance: A review.Microfinance impact study measurement performance and effectiveness: A case of Bank Kerjasama Rakyat Malaysia.
Sukuk structure for deficit financing during Covid-19 crisis. Economic Studies Journal.SukOk on blockchain: A legal, regulatory and Sharr’ah review. ISRAInternationalJournal of IslamicBanking and Finance.Robo-advisory for Islamic financial institutions: Shari’ah and regulatory issues. European Journal of Islamic Finance.
Notableresearch projects undertaken
Metaverse technology for Islamic financial institutions.Crypto currencies from Islamic perspective: Systematic literature review.Smart Sukuk structure using the blockchain technology.
Critical success factors of implementing sustainable and responsible investment (SRI) Sukuk for economic recovery from C0VID-19 pandemic. Journal of Economic and Administrative Sciences.Funding C0VID-19 economic stimulus through Islamic social finance: A proposal for Impact-Waqf SRI Sukuk. In Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis.Islamic social finance and the imperative for social impact measurement. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC).
Notableresearch projects undertaken
Social impact performance measurement model for Islamic financial institutions: Integrating sustainable development goals (SDGs), value-based intermediation (VBI), and Maqasid ash-Shari’ah.Humanitarian Sukuk: Developing an alternative financial tool in addressing the refugee crisis.Alternative financing modes for higher learning institutions in Malaysia: SRI sukuk, social impact bonds, and public-private partnership.
Private credit in dual banking countries: Does bank ownership type matter? Thunderbird International Business Review.Does Islamic equity investment provide diversification benefits to conventional investors? Evidence from the multivariate GARCH analysis. International Journal of Emerging Markets.Developing a comprehensive performance measurement system for waqf institutions. International Journal of Social Economics.
Notableresearch projects undertaken
Value-based banking initiative of Bank Negara Malaysia: Towards a Meaningful stakeholder engagement. Developing an alternative credit scoring model.Integrating Islamic philanthropy instruments into private equity products.
Financial Literacy and the Impact of Movement Control Order (MCO) Among the Muslim Mompreneurs A Qualitative Study. TurkishJournal ofIslamic Economics-Tujise Financial Abuse in Domestic Violence: How can Islamic Financial Institutions Play Their Role?. IIUMLawJournal. Standardisation of legal documentation in Islamic home financing in Malaysia: a literature survey. Journal of Islamic Accounting and Business Research.
Notableresearch projects undertaken
Developing a financial support system through Islamic philanthropy tools for the Senior Citizen Home Care Centre. Determining factors of adoption and rejection of Takaful by Malaysian youth.Role of micro-Takaful products in improving the financial status of single motherpreneurs in the B40 community.
An analysis of waqf, zakat, qard, and takaful as Islamic social finance instruments: Juristic views. IIUMLawJournal. The treatment of qarc; (qarc; facility) for solvency of takaful fund in a takaful undertaking. Journal ofIslamic Shariah. Determining the appropriate investment strategy and identifying the leading monetary system before and during the Covid-19 pandemic crisis: A case study of cryptocurrency, gold standard, and fiat money. Journal of Information Technology Management.
Notableresearch projects undertaken
Financial resilience among women-owned MSMEs during C0VID-19 economic crisis and beyond – the role of Islamic social financing tools.Developing a blockchain-based comprehensive performance measurement framework for efficient and sustainable waqf institutions in Malaysia.Microtakaful for the elderly in the B40: Proposing a ta’awun-based framework incorporating Islamic social finance.
An overview of regulation policies for refugees in Malaysia and the selected European countries: current situation and future consideration. Journal of Human Development and Education for Specialized Research.A preliminary study on the factors influencing Malaysian youths’ adoption and rejection of takaful. JournalofPositive School Psychology. Exploring the regulatory framework of sustainable finance in Malaysia: driving force for ESG institutional investors. IIUM Law Journal.
Notableresearch projects undertaken
Humanitarian sukuk: developing an alternative financial tool in addressing refugee crisis.Musharakah as an Islamic financial structure for venture capital: its potentials and possible applications for small and medium enterprises (SMEs) in Malaysia.Shariah governance and financial performance of Islamic banks in Malaysia.
Islamic financial planning: Towards sustaining the financial wellbeing of Muslim families in Malaysia post Covid-19. Turkish Journal of Islamic Economics (TUJISE).Islamic investment planning, reference book for Islamic Financial Planner (IFP) certification programme. Published by IBFIM. Islamic financial planning and wealth management, reference book for Islamic Financial Planner (IFP) certification programme. Published by IBFIM.
Waqf management for poverty alleviation in Bangladesh towards achieving sustainable development goals. JournalofPharmaceuticalNegativeResults. Zakat is an instrument for poverty reduction and human development: An overview from socio- economical perspective. Al-Risalah Journal of Kulliyyah of Islamic Revealed Knowledge and Human Sciences, IIUM.Critical thinking in Islam: Its concepts, processes, techniques and barriers. Chapter in the book: Contemporary Issues in Qur’an and Sunnah Studies. IIUM Press.