Curriculum Vitae

DR. ASYRAF BIN ABDUL HALIM

Senior Lecturer
  • Department of Finance
    Faculty of Business and Economics
  • asyrafhalim
  • 03-79673690

BIOGRAPHY

Dr. Asyraf did his Bachelor’s Degree in Business, Economics and Finance in the University of
Nottingham Malaysia Campus, then he undertook his MSc in Islamic Finance in INCEIF. He later joined UM as a GRA for 2 years, before becoming a SLAB fellow in the Faculty of Business and Economics in 2018 for his PhD studies. He completed his PhD in 2022 and are currently active in research and publications in the field of Islamic equity markets, more specifically, the various behaviour of Shariah compliant firms. Dr. Asyraf primarily teach quantitative subjects in the faculty, such as Econometrics and Financial Modelling & Mathematics. Although not very athletic, Dr. Asyraf enjoys badminton, (watching) football and video games.

ACADEMIC QUALIFICATION

  • PhD, (KEWANGAN)
    Universiti Malaya
  • PhD in Financial Resources, (BIDANG SUMBER KEWANGAN)
    Universiti Malaya (um)
  • MSc(IsFin), (ISLAMIC BANKING & FINANCE)
    International Centre for Education in Islamic Finance (inceif)
  • BA (Buss.Eco & Fin) (Nottingham), (BUSINESS ECONOMICS AND FINANCE)
    University of Nottingham

ADMINISTRATIVE DUTIES

  • Board of Studies Member for Bachelor of Finance
    06 Mar 2025 - 05 Mar 2028 (Department)
  • Pelantikan sebagai Penasihat Kelab Kewangan Universiti Malaya (UMFA)
    21 Dec 2024 - 20 Nov 2027 (Department of Finance, Faculty of Business and Economics)
  • BACHELOR OF FINANCE WORKSHOP & IPACS
    19 Nov 2025 - 20 Nov 2025 (Department of Finance, Faculty of Business and Economics)
  • Coordinator
    04 Nov 2024 - 19 Jan 2025 (Department)
  • AHLI JAWATANKUASA KERJA LATIHAN INDUSTRI BAGI FAKULTI PERNIAGAAN DAN EKONOMI (FPE)
    09 Sep 2022 - 08 Sep 2024 (University Malaya)
  • Latihan Industri Task Force Member for Bachelor of Finance
    13 Nov 2021 - 12 Dec 2023 (Department of Finance, Faculty of Business and Economics)
  • Supervisor
    05 Jun 2023 - 14 Jul 2023 (Department)

MEMBERSHIPS

  • ASSOCIATION OF SHARIAH ADVISORS IN ISLAMIC FINANCE (ASAS), MEMBER
    2025 to present (International)

AWARD AND STEWARDSHIP

  • Silver Award
    2025, Semarak Ilmu Research and Consultation,  (National)
  • Best Empirical Research in Islamic Finance
    2025, The World Bank Group,  (International)
  • Call for Paper Award Best Paper Award
    2023, Institute of Capital Markets Research Securities Commission of Malaysia,  (National)

PUBLICATIONS

Article in Journal
WoS
  1. Halim, Asyraf bin Abdul; Sukor, Mohd Edil bin Abd (2025). Asset pricing anomalies: The case of dividends in the US for Sharia-compliant firms, BORSA ISTANBUL REVIEW. 25(2), 253-264. doi:10.1016/j.bir.2025.01.009
ESCI
  1. Abd Sukor, Mohd Edil; Halim, Asyraf Abdul (2022). Portfolio optimisation of Shariah-compliant samples in the USA, JOURNAL OF ISLAMIC ACCOUNTING AND BUSINESS RESEARCH. . doi:10.1108/JIABR-10-2021-0278
  2. Abd Sukor, Mohd Edil; Halim, Asyraf Abdul (2022). Theory and evidence of the impacts of Shariah debt screening on firm behaviour, JOURNAL OF ISLAMIC ACCOUNTING AND BUSINESS RESEARCH. . doi:10.1108/JIABR-01-2022-0016
Scopus
  1. Halim A.B.A., Sukor M.E.B.A. (2025). Asset pricing anomalies: The case of dividends in the US for Sharia-compliant firms, Borsa Istanbul Review. . doi:10.1016/j.bir.2025.01.009
  2. Sukor M.E.A., Munir A.F., Halim A.A. (2025). Interconnection Between Property and Equity in Malaysia: A Preliminary Analysis, Studies in Systems Decision and Control. 604, 55-59. doi:10.1007/978-3-031-95280-7_6
  3. Halim A.A. (2023). A Five-Factor Asset Pricing Model of Shariah Compliant Firms in the United States, Institutions and Economies. 15(3), 59-80. doi:10.22452/IJIE.vol15no3.3
  4. Sukor M.E.A., Abdul Halim A. (2023). Portfolio optimisation of Shariah-compliant samples in the USA, Journal of Islamic Accounting and Business Research. 14(1), 34-57. doi:10.1108/JIABR-10-2021-0278
  5. Sukor M.E.A., Abdul Halim A. (2022). Theory and evidence of the impacts of Shariah debt screening on firm behaviour, Journal of Islamic Accounting and Business Research. 13(8), 1137-1154. doi:10.1108/JIABR-01-2022-0016
Books
  1. Sukor, M. E. A., Halim, A. A., Daud, M. A. M., Zabri, M. Z. M. and Foudzy, N. M. (2025). Investment Uncertainty Turning to the Property Market for Solutions. UTM Press.
Chapter in Books
  1. Sukor, M.E.A., Munir, A.F., Halim, A.A. (2025). Interconnection Between Property and Equity in Malaysia: A Preliminary Analysis. In: Alareeni, B. (eds) The Digital Edge: Transforming Business Systems for Strategic Success. Studies in Systems, Decision and Control, vol 604. Springer, Cham. https://doi.org/10.1007/978-3-031-95280-7_6
  2. Halim, A. A., Sukor, M. E. A., & Bacha, O. I. (2019). Capital Structure and Shari ah Compliance Firms: Malaysian Evidence. Islamic Finance, Risk-Sharing and Macroeconomic Stability, 63-79.
Other Publications
  1. Daud, M. A. M., Sukor, M. E. A., Zabri, Foudzy, N. M., Halim, A. A. (2024). Smoothening the Volatility of the Property Market Cycle [Policy Brief]. Jabatan Penilaian dan Perkhidmatan Harta (JPPH). - Policy Paper

RESEARCH PROJECT

National
  1. 2024 - 2026, Fundamental Research Grant Scheme (FRGS)
    Multi-factor Asset Pricing Models & Anomalies Of Shariah Compliant Firms In Malaysia. Can Artificial Intelligence Lead To Consistent Alphas? ( Principal Investigator(PI))
  2. 2025 - 2026, RU Geran - UMCares
    BUILDING A CYBER-READY GENERATION OF STUDENTS ( Co-Researcher)
  3. 2023 - 2025, Government Agency
    Equity And Capital Market Risks: Challenges In Property Sector ( Co-Researcher)
University
  1. 2025 - 2026, University Grant
    Testing Accrual-Based Anomalies in Faith-Compliant Equity Markets: Evidence from U.S. Shariah-Compliant Stocks ( Co-Researcher)
  2. 2025 - 2026, University Grant
    Introduction to Asset Pricing Techniques via STATA ( Principal Investigator(PI))
  3. 2025 - 2026, University Grant
    Islamic Finance for Sustainability and Inclusivity: Navigating Through Economic Uncertainty ( Co-Researcher)
  4. 2025 - 2026, University Grant
    ESG and Shariah-Compliant Asset Pricing: Comparative Evidence from the US, Malaysia, and Indonesia ( Principal Investigator(PI))
  5. 2025 - 2026, University Grant
    Informed Personal Finance Decision-Making And Financial Well-Being: The Mediating Role Of Digital Payment Behavior And The Moderating Role Of Social Media Engagement And Fintech Adoption ( Co-Researcher)
  6. 2024 - 2025, University Grant
    Asset Pricing Anomalies: The Case of Dividends in the US for Shariah Compliant Firms ( Co-Researcher)

PAPER PRESENTED

KEYNOTE SPEAKER
  1. Accrual-Based Strategies Alpha Persistence in U.S. Shariah-Compliant Stocks, 16th International Conference on Advanced Management Science (ICAMS)., International Association of Management Science and Engineering Technology (International) (11 Sep 2025 - 11 Sep 2025)
  2. Asset Pricing Models: The Special Case of Shariah Compliant Stocks in Malaysia, International Conference on Advanced Research in Business and Management Studies 2025, Semarak Ilmu Research and Consultation (National) (03 Jul 2025 - 04 Jul 2025)

ACADEMIC/ PROF. SERVICES

Evaluation
  1. (2024) Internal Examiner for Candidature Defence., University, (Internal Examiner)
  2. (2024) Testing Bowman's Paradox in The Indonesian Stock Market: Does Islamic Labelling Matter?, International, (Reviewer)
  3. (2024) Panel Temuduga Upu, University, (Internal Evaluator)
  4. (2024) Integrated Reporting Quality, Cost of Debt and Market Valuation in Islamic Banks, International, (Reviewer)
  5. (2024) Non-restrictive Investments Under Islamic Bank Governance: a Comparative Study of Gcc and Southeast Asian Banks, International, (Reviewer)
  6. (2024) Challenges and Opportunities Ofintegrating Artificial Intelligence Inaccounting Information Systems:moderating Role of Cyber-security, International, (Reviewer)
  7. (2023) Internal Examiner for a Mba Student's Research Project, University, (Internal Examiner)

SUPERVISION

Under Graduate Students
  1. (2023) An investigation into the long term sustainability of the transition to electric power.
Postgraduate Student
  1. (2025) The Influence of Fintech Lending of Competition, Efficiency, and Stability in Banking Empirical Evidence from Indonesian Commercial Banks, SALSA DILLA
  2. (2025) MULTI-FACTOR ASSET PRICING MODELS & ANOMALIES OF SHARIAH COMPLIANT FIRMS IN MALAYSIA. CAN ARTIFICIAL INTELLIGENCE LEAD TO CONSISTENT ALPHAS?, NURUL AYU SHAHIRA BINTI BASRI
  3. (2025) MACRO MONETARY POLICY, ZHU JIANNAN
  4. (2025) ASSET PRICING ANOMALIES: THE CASE OF DIVIDENDS FOR SHARIAH COMPLIANT FIRMS IN THE US, MUHAMMAD AMIN HANIFF BIN MOHD HANIFAH
  5. (2024) Investigation Of Strategies And Behaviors From Investors In Malaysia Towards Initial Public Offerings (Ipos) On Bursa Malaysia., LIM KIAN PANG
  6. (2024) Exploring The Nexus: ESG Performance And Financial Outcomes In Malaysian Companies Listed In FTSE4GOOD Indices, ONG CHONG HE
  7. (2023) Autonomous Trucking: Public Safety and Corporations Means to Address the Concerns, LOUIS ANTHONY VERIVE

TEACHING

Master
  1. (2024) CQC7002 - Economics for Managers
Bachelor
  1. (2024) CIC3020 - Cases in Finance
  2. (2024) CIC2005 - Econometrics
  3. (2024) CIC2010 - Financial Modelling and Mathematics
  4. (2023) CIC3020 - Cases in Finance
  5. (2023) CIC2005 - Econometrics
  6. (2023) CIC2010 - Financial Modelling and Mathematics
  7. (2023) CIC2009 - Treasury Management
Full-Time Equivalent (FTE)
  1. (2026) CIC2005 - Econometrics
  2. (2025) CIC2010 - Financial Modelling and Mathematics
  3. (2026) CQC7002 - Economics for Managers
  4. (2025) CQD7001 - Economics for Management
  5. (2025) FAG1016 - Introduction to Finance

SOCIAL RESPONSIBILITY ACTIVITIES

  • Emcee for Fintech Lecture, (08 Jan 2024 - 08 Jan 2024) (University)
  • Emcee for Public Forum, (03 Jan 2024 - 03 Jan 2024) (University)
  • Gave a Talk as Part of The Professional Retirement and Pension Programme in The Series Fundamentals of Social Protection Ran by The Social Wellbeing Research Centre (swrc)., (08 Mar 2023 - 08 Mar 2023) (University)

COURSE ATTENDED

Internal/ External Course
  1. INTERNATIONAL ISLAMIC ECONOMICS & FINANCE CONFERENCE FOR SUSTAINABLE DEVELOPMENT 2025, PRESTON AUDITORIUM, THE WORLD BANK HQ, WASHINGTON DC, USA (20 May 2025 - 23 May 2025)
  2. PROGRAM TRANSFORMASI MINDA 2025 SIRI 1 , BILIK SENAT, ARAS 4, BANGUNAN CANSELERI (17 Feb 2025 - 20 Feb 2025)
  3. FROM RESEARCH TO COMMERLISATION AND COMMUNITY ENGAGEMENT, ARAS 4 BILIK SENAT BANGUNAN CANSELERI (02 Aug 2023 - 02 Aug 2023)
  4. UM EARLY RESEARCHER ADVANCEMENT PROGRAMME (UMERAP), HOTEL VE (09 Jun 2023 - 11 Jun 2023)
  5. SUPERCHARGE YOUR CLASS WITH CHATGPT, DALAM TALIAN (19 May 2023 - 19 May 2023)
  6. YOUR EXAM QUESTIONS: IS IT HOTS ENOUGH?, MICROSOFT TEAMS (13 Apr 2023 - 13 Apr 2023)
  7. TRANSFORM YOUR ASSESSMENTS: DESIGNING EFFECTIVE OPEN BOOK EXAMS FOR YOUR STUDENTS, BANGUNAN AZMAN HASHIM UM DAN MICROSOFT TEAMS (04 Apr 2023 - 04 Apr 2023)
  8. EMERALD RESEARCH AND SUPERVISION 2023, CUBE UNIVERSITI MALAYA (28 Feb 2023 - 02 Mar 2023)
  9. EMERALD TEACHING AND LEARNING 2023, UNIVERSITI MALAYA (20 Feb 2023 - 24 Feb 2023)