Curriculum Vitae

DR. AZIAN BIN MADUN

Senior Lecturer
  • Department of Syariah and Management
    Academy of Islamic Studies
  • azianm
  • 0379676195

BIOGRAPHY

Azian bin Madun is a senior lecturer at the University of Malaya. He received his Phd in Finance from the University of Bath, United Kingdom in 2009. He has vast experience in the financial industry after serving the Malaysian stock exchange for ten years in the areas of finance and management research from 1993 to 2003. Since 2009 he has been teaching as well as undertaking research in the areas of finance and management as well as Islamic finance.

AREAS OF EXPERTISE

  • CORPORATE FINANCE
    Asset Pricing, Market Efficiency, Investment

ACADEMIC QUALIFICATION

  • PhD (Finance)(Bath,UK)(2009), (Finance)
    Bath University, Bath, UK
  • MSc(IT)(UiTM)(2002), (INFORMATION TECHNOLOGY)
    Universiti Teknologi MARA (UiTM)
  • BSc(Hons)(Stat)(UKM)(1992), (STATISTIK)
    Universiti Kebangsaan Malaysia (UKM)

ADMINISTRATIVE DUTIES

  • Head Coordinator
    01 Jan 2023 - 31 Jan 2025 (Department)
  • Wakil Pengurusan ICT
    01 Aug 2021 - 31 Jul 2023 (Department of Syariah and Management, Academy of Islamic Studies)
  • Committee Members
    11 Jan 2021 - 09 Jan 2023 (University Malaya)
  • Committee Members
    07 Feb 2022 - 31 Dec 2022 (Department)
  • Committee Members
    25 Jan 2021 - 31 Dec 2022 (Department of Syariah and Management, Academy of Islamic Studies)
  • Coordinator
    01 Feb 2021 - 01 Feb 2022 (University Malaya)
  • Deputy Director
    02 May 2017 - 13 Nov 2017 (Internship Training and Academic Enrichment Centre, Deputy Vice-Chancellor (Academic and International))
  • Internship Coordinator
    05 Sep 2011 - 01 Jun 2015 (Department of Syariah and Management, Academy of Islamic Studies)

MEMBERSHIPS

  • MANAGING EDITOR, CHIEF EDITOR/ EDITOR IN CHIEF
    2022 to 2023 (University)
  • MANAGING EDITOR, BOARD MEMBER
    2022 to 2023 (University)
  • JAWATANKUASA SEMAKAN KURIKULUM PROGRAM: SARJANA MUDA PENGURUSAN MUAMALAT, MEMBER
    2020 to 2023 (University)
  • JAWATANKUASA MESYUARAT LATIHAN INDUSTRI FAKULTI, MEMBER
    2020 to 2023 (University)
  • JAWATANKUASA KURIKULUM PROGRAM BARU: SARJANA PENGURUSAN HALAL, MEMBER
    2020 to 2023 (University)
  • JAWATANKUASA AKADEMIK FAKULTI, MEMBER
    2020 to 2023 (University)
  • JAWATANKUASA MESYUARAT AKADEMIK, MEMBER
    2020 to 2023 (University)
  • JAWATANKUASA SEMAKAN KURIKULUM: SARJANA PENGURUSAN DAN KEWANGAN ISLAM, MEMBER
    2019 to 2023 (University)
  • EUROPEAN FINANCE ASSOCIATION, MEMBER
    2021 to 2022 (International)

PUBLICATIONS

Article in Journal
  1. Al-Daihani, M., Abdullah, A. S. B. C., & Madun, A. (2023). Donors’ Intention to Use Waqf- Based Crowdfunding in Kuwait Extension The Theory of the Technology Acceptance Model. International Journal of Academic Research in Business and Social Sciences, 13(1), 254 – 271.
  2. Madun, A., & Kamarulzaman, Y. (2023). BUSINESS OWNERSHIP AND RELIGIOUS IDENTITY IN A MUSLIM-MAJORITY COUNTRY: THE CASE OF DISPLAYING ISLAMIC IMAGES IN MALAYSIAN RESTAURANTS. Online Journal of Islamic Management and Finance (OJIMF), 3(1), 20–35. Retrieved from https://ejournal.um.edu.my/index.php/OJIMF/article/view/43381
  3. Meshari Al-Daihani*, Ahmad Sufian Bin Che Abdullah, Azian Madun “Crowdfunding from an Islamic Perspective” International Journal of Muslim World Studies, Vol. 20, No. 2, 2022 56-79
  4. Al-Daihani, M., Che Abdullah, A. S., & Madun, A. . (2022). Waqf Institutions In Kuwait: Historical Perspective. Jurnal Syariah, 30(1), 100–122. Retrieved from https://ejournal.um.edu.my/index.php/JS/article/view/34961
  5. Madun, A., Kamarulzaman, Y., & Abdullah, N. (2022). THE MEDIATING ROLE OF CONSUMER SATISFACTION IN ENHANCING LOYALTY TOWARDS MALAYSIAN HALAL-CERTIFIED FOOD AND BEVERAGES. Online Journal of Islamic Management and Finance (OJIMF), 2(1), 1 20.
  6. Katper, Naveeda & Madun, A & Syed, Karim & Tunio, M.N.. (2017). Determinants of debt maturity structure in Shariah and non-Shariah firms in Pakistan: A comparative study. Journal of Applied Economic Sciences. 12. 1210-1225.
  7. Naveeda Katper, Azian Madun, Karim Syed. 2015. Does Shariah compliance lead to managerial trustworthiness? Evidence from the empirical analysis of capital structure of Shariah and Non-Shariah firms in Pakistan. Journal of Applied Economic Sciences, Volume X, Issue 7(37).
  8. Noorhidawati Abdullah, Siti Hajar Mohd Roffeei, Yusniza Kamarulzaman, Farrah Dina Yusop, Azian Madun, Kwan Hoong Ng. 2015. Evaluating the performance of electromagnetic fields (EMF) research work (2003 2013). Scientometrics 105(1): 261-278.
  9. Kamaruzaman Noordin, Mohd Rizal Muwazir and Azian Madun. 2013. Investigating the Impact of Commercial Dimension on Islamic Insurance. Advances in Natural and Applied Sciences 7(4). (SCOPUS-Cited Publication)
  10. Suhaili Sarif, Nor `Azzah Kamri, Azian Madun. 2013. The Impact of Malaysian Islamic Revivalism on Zakat Administration. International Journal of Nusantara Islam, 1(1): 36-52. https://doi.org/10.15575/ijni.v1i1.35
  11. Mohd Rizal Muwazir, Noradilah Abdul Hadi, Zaini Nasohah, Nor `Azzah Kamri, Azian Madun, Kamaruzaman Noordin, Suhaili Sarif & Muhammed Yusof. 2012. Understanding Corporate Social Responsibility: A Survey of Malaysian Muslim Managers. Advances in Natural and Applied Sciences, 6(8): 1445-1450.
  12. Kamarulzaman, Y. ,Madun, A. & Abdul Ghani, F. 2011. Attitude Towards E-learning Among Students: Evidence from A Malaysian Public University. British Journal of Arts and Social Sciences, Vol.3(2):132-142.
  13. Kamarulzaman, Y., Madun, A. & Che Azmi, A.A. (2010) Exploring The Potential of Electronic Magazine Among Internet Users, African Journal of Business Management, Vol.4(5), pp. 644-650
ESCI
  1. Madun, Azian; Kamarulzaman, Yusniza (2023). Displaying of religious images in restaurants and cafes in Malaysia: A case of double-edged sword, COGENT SOCIAL SCIENCES. 9(2). doi:10.1080/23311886.2023.2269682
Scopus
  1. Al-Daihani M., Che Abdullah A.S., Madun A. (2024). Donors intentions to use crowdfunding-based waqf model in Kuwait: application of unified theory on acceptance and use of technology (UTAUT) model, Journal of Islamic Marketing. . doi:10.1108/JIMA-01-2023-0022
  2. Madun A., Kamarulzaman Y. (2023). Displaying of religious images in restaurants and cafes in Malaysia: A case of double-edged sword, Cogent Social Sciences. 9(2). doi:10.1080/23311886.2023.2269682
  3. Katper N.K., Madun A., Syed K.B.S., Tunio M.N. (2017). Determinants of debt maturity structure in Shariah and non-Shariah firms in Pakistan: A comparative study, Journal of Applied Economic Sciences. 12(4), 1210-1225
  4. Abdullah N., Roffeei S.H.M., Kamarulzaman Y., Yusop F.D., Madun A., Ng K.H. (2015). Evaluating the performance of electromagnetic fields (EMF) research work (2003 2013), Scientometrics. 105(1), 261-278. doi:10.1007/s11192-015-1657-8
  5. Katper N.K., Madun A., Syed K.B.S. (2015). Does shariah compliance lead to managerial trustworthiness? Evidence from empirical analysis of capital structure of shariah and non-shariah firms in Pakistan, Journal of Applied Economic Sciences. 10(7), 1028-1045
  6. Kamarulzaman Y., Madun A. (2013). Marketing Islamic banking products: Malaysian perspective, Business Strategy Series. 14(2-3), 60-66. doi:10.1108/17515631311325114
  7. Muwazir M.R., Abdul Hadi N., Nasohah Z., Kamri N.A., Madun A., Noordin K., Sarif S., Yusof M. (2012). Understanding corporate social responsibility: A survey of Malaysian Muslim managers, Advances in Natural and Applied Sciences. 6(8), 1445-1450
Books
  1. Kamarulzaman, Y, Yusop, F.D., Abdullah, N., Madun, A., Ng, K-H (2020). Public Perceptions of Radiation Effects on Health Risks and Well-Being, Singapore: Springer.
  2. Haniff, M.N. & Madun, A (2017). ORS Invesment Management, Second Edition, Oxford Fajar:Shah Alam.
  3. Nor `Azzah Kamri, Azian Madun & Suhaili Sarif. 2013. Islamic Perspective on Management. Kuala Lumpur: Akademi Pengurusan YaPEIM & Jab. Syariah dan Pengurusan APIUM
  4. Azian Madun & Mohd Nizal Haniff, 2012. Oxford Revision Series: Investment Management, Oxford Fajar Sdn Bhd, Shah Alam, Malaysia.
Chapter in Books
  1. Mohd Rizal Muwazir & Fadillah Mansor (ed) (2021) Pengurusan Institusi Perniagaan dan Kewangan Islam di Malaysia. Penerbit Universiti Malaya.
  2. Syahrul Deen Rosli, Azian Madun dan Mohd Rizal Muwazir. 2015. Tanggungjawab Sosial Korporat (CSR) Industri Halal: Pendedahan CSR Industri Takaful. Dlm Suhaili Sarif, Mohd Abd Wahab Fatoni Mohd Balwi, Nor Azzah Kamri dan Ahmad Sufyan Che Abdullah (pnyt). Perspektif Industri Halal: Perkembangan dan Isu-Isu, hlm 251-266. Universiti Malaya, Kuala Lumpur.
Article in Proceeding
  1. Iskandar Ibrahim, Ilhaamie Abdul Ghani Azmi & Azian Madun. 2011. Implementasi akad ijarah Muntahiya Bittamlik pada produk Baiti Jannati di Bank Muamalat Indonesia. Proceedings of the Aceh Development International Conference, hlm. 748-758
  2. Azian Madun & Yusniza Kamarulzaman. 2010. Marketing Islamic Banking Products in Malaysia, 1st International Conference on Islamic Marketing and Branding, Kuala Lumpur, Malaysia, 29-30th November 2010.
  3. Yusniza Kamarulzaman , Azian Madun, Farinda Abdul Ghani, Understanding Student Acceptance of E- Learning Tools: A Case of Moodle. 2010. 5th International Conference on e-Learning, Universiti Sains Malaysia, Penang, Malaysia,12th-13th July 2010.
Other Publications
  1. Astro Awani (2024, March 16). Ketidaktentuan nilai ringgit: Bila kita perlu risau [Video]. YouTube. https://www.youtube.com/watch?v=RNOtTUedRp0 - Mass Media(Newspaper,Radio,Tv,Popular Magazine)
  2. Madun, Azian (2024). Transparency in central banking. The Sun, 6 January. - Mass Media(Newspaper,Radio,Tv,Popular Magazine)
  3. Malay Mail (2024, March 6). What you think: Fluctuations in currency exchange: When should we worry? Azian Madun. MalayMail.com. https://www.malaymail.com/news/what-you-think/2024/03/06/fluctuations-in-currency-exchange-when-should-we-worry-azian-madun/121696 - Mass Media(Newspaper,Radio,Tv,Popular Magazine)
  4. Madun, Azian (2022, Jan 13). How a reverse mortgage can help a retiree, The New Straits Times. - Mass Media(Newspaper,Radio,Tv,Popular Magazine)

RESEARCH INTEREST

  • Financial market efficiency, information asymmetry, financial management, Islamic banking and finance

RESEARCH PROJECT

National
  1. 2019 - 2020, Government Agency
    Kajian Mengenai Tendensi Orang Islam Di Malaysia Menyertai Skim-skim Yang Bersalahan Dengan Syarak ( Co-Researcher)
  2. 2016 - 2019, Fundamental Research Grant Scheme (FRGS)
    Developing A Malaysian Sustainable Consumption Behavior Framework: The Case Of 3r (reduce, Reuse, & Recycle) ( Co-Researcher)
  3. 2017 - 2018, Others MOHE
    [rpif11-17um] Modelling Of Islamic Reverse Mortage Products ( Principal Investigator(PI))
  4. 2013 - 2016, Geran Penyelidikan Universiti Malaya (UMRG Programme) - HNE (Humanities & Ethics)
    Innovation Culture Amongst Students In Malaysia Higher Education Institutions (heis) : An Investigation ( Co-Researcher)
  5. 2011 - 2012, Geran Penyelidikan Universiti Malaya (UMRG)
    Qualitative Measurement of The Performance of Islamic Fund Management ( Principal Investigator(PI))
Private
  1. 2022 - 2023, ETIQA TAKAFUL RESEARCH GRANT
    ENHANCING TAKAFUL CUSTOMER JOURNEY VIA DIGITAL EXPERIENCES AT VARIOUS TOUCH POINTS: FOCUS ON FAMILY, CIMB Foundation ( Co-Researcher)
University
  1. 2022 - 2023, University Grant
    Enhancing The Shariah Transperancy and Disclosure of Islamic Bank and Insurance: Perspective From Two Different Users ( Principal Investigator(PI))

CONSULTANCY PROJECT

  • Kajian Keberkesanan Program Pengajian Bahagian Pendidikan Tinggi (Bpt) MARA, MAJLIS AMANAH RAKYAT MALAYSIA, Consultant
    01 Apr 2023 - 01 Jan 2024 (National)
  • Kajian Prestasi dan Impak Keseluruhan Kepada Yayasan Peneraju Pendidikan Bumiputera, Yayasan Peneraju Pendidikan Bumiputera, Consultant
    15 Jun 2021 - 21 Oct 2021 (National)
  • Risk Communication Research for Electromagnetic Field (Emf) from Radio Frequency, Suruhanjaya Komunikasi dan Multimedia Malaysia
    01 Dec 2012 - 01 Dec 2018 (National)

PAPER PRESENTED

INVITED SPEAKER
  1. Halal Certfication for Restaurants and Cafes in Malaysia: Issues & Challenges, The International Seminar and Guest Lecture, UIN Malang Indonesia & Universiti Malaya (International) (23 Nov 2023 - 23 Nov 2023)
  2. Investigating the risk perception of radio frequency electromagnetic field among different demographic characteristics of Malaysian public, Conference on Non Ionising Radiation, Agensi Nuklear Malaysia (National) (28 Sep 2016 - 28 Sep 2016)
ORAL PRESENTER
  1. DOES IT REALLY MATTER FOR RESTAURANTS AND CAFES TO REVEAL THEIR RELIGIOUS IDENTITY? THE CASE IN A MUSLIM-MAJORITY COUNTRY, INTERNATIONAL CONFERENCE ON DA'WAH AND USULUDDIN 2023 (ICODUS 2023), UNIVERSITAS MUHAMMADIYAH SUMATERA UTARA & KOLEJ UNIVERSITI ISLAM SELANGOR (International) (01 Mar 2023 - 01 Mar 2023)
PRESENTER
  1. The role of trust in shaping the perception of risks: a qualitative inquiry into the hazard of telecommunication towers, BAM2015 British Academy of Management, British Academy of Management (International) (08 Sep 2015 - 10 Sep 2015)
  2. The Impact of Religiosity on Retirement Planning, Second 21st Century Academic Forum Conference at Harvard, 21st Century Academic Forum (International) (08 Mar 2015 - 10 Mar 2015)
  3. Managing profit-seeking motive in Islamic insurance institutions: The Malaysian Perspective, International Convention on Islamic Management, Akademi Pengajian Islam Universiti Malaya (International) (27 Nov 2013 - 28 Nov 2013)
  4. The Challenges On The Marketing Of Equity-Based Financing Product Of Islamic Banking, 2nd International Conference on Islamic Marketing and Branding, Brunel University, London and University of Malaya (International) (20 Nov 2012 - 21 Nov 2012)
  5. Does The Incentive Scheme Of Financial Analysts Coverage Add Any Value? The Malaysian Experience, 13th Malaysian Finance Association Conference 2011, Malaysian Finance Association (National) (10 Jun 2011 - 12 Jun 2011)
  6. Marketing Islamic Banking Products in Malaysia, 1st International Conference on Islamic Marketing and Branding (International) (01 Dec 2010)
OTHERS
  1. Understanding Student Acceptance of E- Learning Tools: A Case of Moodle, 5th International Conference on e-Learning, Universiti Sains Malaysia (International) (12 Jul 2010 - 13 Jul 2010)

ACADEMIC/PROF. SERVICES

Evaluation
  1. (2023) Nagi Hamd (Libya)( S2009018/1), University, (Internal Examiner)
  2. (2023) Abdulaziz Masoud Salim Al Sinani (Oman)(S2134067/1), University, (Internal Examiner)
  3. (2023) Salem Mohamed Mohamed Gasebat (Libya)(17197968/1), University, (Internal Examiner)
  4. (2023) Fahad Ghabish Said Al-Jalbubi (Oman) (17221197/1), University, (Internal Examiner)
  5. (2023) Mayatha Abdullah Mohammed Al Jabri (Oman) (S2042790/1), University, (Internal Examiner)
  6. (2023) Said Abdullah Salim Al Junaibi (S2041542/1), University, (Internal Examiner)
  7. (2023) Fahad Khalfan Nasser Al Yahyaei (S2112115/1), University, (Internal Examiner)
  8. (2023) Imad Ahmed Salim Al Rawas (17021684/1), University, (Internal Examiner)
  9. (2023) Mohammad Kh H Rashed (S2040303/1), University, (Internal Examiner)
  10. (2023) Anis Syamila Binti Abdul Halim (17021806/1), University, (Internal Examiner)
  11. (2023) Anis Abdulkadir Abu Bakar Kassim (S2100306/1), University, (Internal Examiner)
  12. (2023) Mohd Hadli Shah Mohamad Yunus (17014288/1), University, (Internal Examiner)
  13. (2023) Nurfarisha Idayu Azmin (S2142333/1), University, (Internal Examiner)
  14. (2023) Mohd Hadli Shah Mohamad Yunus (17014288/1), University, (Internal Examiner)
  15. (2023) Sarah Nadira Binti Sahudin 17167628/2, University, (Internal Examiner)
  16. (2023) Izzat Irfan Bin Mohd Nor Azmi, University, (Internal Examiner)
  17. (2023) Siti Khadijah Binti Mohammad Nawawi 17106358/2, University, (Internal Examiner)
  18. (2023) Muhammad Rafiudin Bin Rahmat, University, (Internal Examiner)
  19. (2023) Muhammad Iqbal Bin Miskan 17190225/2, University, (Internal Examiner)
  20. (2023) Muhammad Hafiz Bin Zamri 17099375/2, University, (Internal Examiner)
  21. (2022) Panel (Chairman), University, (Reviewer)
  22. (2022) Examination of Phd Thesis, Jamshoro University, Pakistan., International, (External Examiner)
  23. (2022) Calon Phd, University, (Internal Examiner)
  24. (2022) Reviewing of Article, University, (Reviewer)
  25. (2013) Islamic Perspective on Management: Contemporary Issues , (Editor)
  26. (2013) The informational content of labor costs voluntary disclosure, Journal of General Management , (Reviewer)
  27. (2012) "Determinants of Strategic Performance Measurement System Disclosure in Australia's Top 100 Publicly Listed Firms" for the Journal of General Management. , (Reviewer)
  28. (2010) Ph.D Thesis examiner, Hedging Performance Consistency in Crude Palm Oil Market, Rozaimah Zainudin (CHA070048), (Internal Examiner)
  29. (2010) Ph.D thesis examiner, Capital Structure Choice And Financing Decisions: A Comparative Analysis Of Government Linked Companies And Non-Government Linked Companies In Malaysia, Maran Marimuthu (CHA050014), (Internal Examiner)
  30. (2010) Reviewer, 14th International Business Information Management Association (IBIMA) International Conference , (Reviewer)
  31. (2009) Reviewer, International Business Research , (Reviewer)
  32. (2009) Reviewer, International Journal of Economics and Finance , (Reviewer)
  33. (2009) Reviewer, Journal of General Management , (Reviewer)
Mentoring
  1. (2021) Finance for Non-Accounting Executives, University, (Mentor)

SUPERVISION

Postgraduate Student
PhD/ Doctoral
  1. (2013) Islamic Finance, Mohamed Mahmoud Hany Abdelbary Elashmawy
  2. (2011) Real Estate Investment Trusts in Malaysia, Zulkifli Esha
Master
  1. (2010) Perkembangan prinsip Musyarakah Mutanaqisah, Nur Fatimah Zahra binti Roslan
  2. (2010) Peranan dan kekuasaan Lembaga Amil Zakat di Baitulmal Acheh, Indonesia, Iqbal
  3. (2010) Keperluan perlindungan peralatan sewa pihak ketiga dalam Takaful am, Firdaus Alias
  4. (2010) Kefahaman pengguna Bank Muamalat Indonesia dalam pelaburan mudharabah dan nisbah pembahagian untung, Iskandar
  5. (2010) Dinar emas dalam Islam, Muhammad Ishak Ismail

TEACHING

Master
  1. (2022) IMX7001 - Research Methodology
  2. (2022) IVX8001 - Research Methodology
Bachelor
  1. (2022) IIE2003 - Financial Management
  2. (2022) IIX1005 - Quranic Recitation and Memorization
  3. (2011) IPEM1302 - Foundation of Islamic Financial Planning
  4. (2011) IPEM2103 - Financial Management
  5. (2011) IPEM3305 - Islamic Capital Market
  6. (2011) IPEM4302 - Islamic Risk Management
  7. (2010) IPEM1105 - Statistical Analysis for Management
  8. (2010) IPEM1107 - Mathematics for Muamalat
  9. (2010) IPEM2103 - Financial Management
  10. (2010) IPEM3305 - Islamic Capital Market
  11. (2010) IPEM4101 - Islamic Financial Management
  12. (2010) IPEM4304 - Investment and Islamic Security Analysis