Curriculum Vitae
BIOGRAPHY
Wan Marhaini Wan Ahmad is an Associate Professor at the Department of Finance, Faculty of Business and Economics, Universiti Malaya, Malaysia. She has been a member of the Shariah Advisory Board for a few local Islamic financial and corporate institutions (Zurich General Takaful Malaysia Berhad and Zurich Takaful Malaysia Berhad since 2020, UOB Malaysia Nerhad since 2021 and Xeraya Capital Sendirian Berhad since 2014). Prior to this, she served as a Shariah Committee member for Bank Muamalat Malaysia Berhad (2012-2019) and EonCap Islamic Bank Berhad (2011 till 2012). She is also a registered Shariah Advisor for the Malaysian Islamic Capital Market.
She has received secondary school education from Maahad Muhammadi lil Banat in Kelantan and obtained her Bachelor of Syariah (Hon.) from the University of Malaya, Kuala Lumpur. Further, she acquired her Master in Economics from the International Islamic University Malaysia and a doctoral degree in Islamic Finance from the University of Edinburgh, Scotland.
Her main research interest is Islamic finance, waqf, zakat and personal finance behaviour. She has written, reviewed and edited articles and books as well as has more than a decade of experiences teaching and supervising students’ works in these areas.
AREAS OF EXPERTISE
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ISLAMIC FINANCE, ISLAMIC BANKING, ISLAMIC ECONOMICS
ACADEMIC QUALIFICATION
- PhD(EDINBURGH)(2012), (Islamic Banking & Finance)Edinburgh University, United Kingdom
- MEc(UIAM)(2002), (EKONOMI (KEWANGAN))International Islamic University Malaysia (IIUM)
- BSy(HONS)(UM)(1996), (EKONOMI ISLAM)Universiti Malaya (UM)
ADMINISTRATIVE DUTIES
- Head of Department01 Jan 2024 - present (Department of Finance, Faculty of Business and Economics)
- Committee Members16 Aug 2022 - 03 Oct 2023 (Deputy Dean (Postgraduate) Office, Faculty of Business and Economics)
- Task Force Member29 Nov 2022 - 29 Nov 2022 (National)
- Task Force Leader20 Oct 2020 - 19 Oct 2022 (National)
- Head Coordinator16 Mar 2020 - 30 Sep 2021 (University Malaya)
- Head Coordinator16 Mar 2020 - 30 Sep 2021 (University Malaya)
- Committee Member MOHE-UM_INCEIF Islamic Finance Research Programme01 Mar 2018 - 31 Mar 2020 (University Malaya)
- AJK Bhgn. Latihan & Konsultansi, UM Halal Research Centre01 Mar 2018 - 31 Dec 2019 (University Malaya)
- Menjalankan Fungsi Sebagai Ketua Jabatan29 Oct 2019 - 04 Nov 2019 (Department of Finance and Banking, Faculty of Business & Accountancy)
- AJK Pentadbiran UM AWQAF01 Aug 2017 - 31 Dec 2018 (University Malaya)
- Menjalankan Fungsi Sebagai Ketua Jabatan02 Nov 2018 - 16 Nov 2018 (Department of Finance and Banking, Faculty of Business & Accountancy)
- Secretary & Paper Committee, MOHE-UM-INCEIF Islamic Finance Research Programme Conference21 Nov 2017 - 22 Nov 2017 (National)
- Committee, Seminar Pembiayaan dan Pembangunan Wakaf IPT 201723 May 2017 - 24 May 2017 (National)
- Head01 Aug 2015 - 31 Jul 2016 (Finance and Banking, Faculty of Business & Accountancy)
- Head of Department01 Aug 2014 - 31 Jul 2015 (Finance and Banking, Faculty of Business & Accountancy)
- Spoke Person for INCIEF10 Dec 2012 - 09 Dec 2015 (Department of Finance and Banking, Faculty of Business & Accountancy)
- Committee Member for Curriculum Committee13 Jul 2013 - 04 Nov 2015 (Faculty)
- Committee member21 Sep 2012 - 23 Oct 2012 (Department of Finance and Banking, Faculty of Business & Accountancy)
- Manager02 Apr 2011 - 02 Sep 2011 (Department of Finance and Banking, Faculty of Business & Accountancy)
- Committee Member01 Jan 2003 - 31 Dec 2006 (Faculty)
- Manager20 Aug 2004 - 15 Apr 2005 (Faculty)
MEMBERSHIPS
- SURUHANJAYA SEKURITI, MEMBER2016 to 2023 (National)
- ASSOCIATION OF SHARIAH ADVISORS IN ISLAMIC FINANCE MALAYSIA, MEMBER2013 to 2023 (International)
- FINANCE ACCREDITATION AGENCY, ASSESSORS2019 to 2020 (National)
AWARD AND STEWARDSHIP
- CERTIFICATE OF EXCELLENT SERVICEUniversity of Malaya, 2019 (University)
- PENCIPTA'17Ministry of Higher Education, 2017 (National)
- Silver Medal for Research titled "Models of Waqf Finnacing of Higher Education Institutions: A Study on malaysia and Selected Countries"Academy of Islamic Studies, UM, 2016 (University)
- Bronze Medal for Research Titled "Regulatory Framework for Pending higher Education Using Waqf Instrument:Academy of Islamic Studies, UM, 2016 (University)
- Silver Medal for Research Titeled "Pembiayaan, Pembangunan & Pelaburan Instrumen Wakaf di Peringkat Pengajian Tinggi"Academy of Islamic Studies, UM, 2016 (University)
- EXCELLENCE SERVICE AWARDUniversity of Malaya, 2016 (University)
- Best Paper, Seminar Zakat Peringkat Kebangsaan 2015MAIWP & APIUM, 2015 (National)
- Bronze Medal, Minggu Terbuka Akademik APIUM 2015APIUM, 2015 (University)
- CERTIFICATE OF EXCELLENT SERVICEUniversity of Malaya, 2013 (University)
- Ekspo Penyeidikan, Rekacipta dan Inovasi Universiti Malaya 2009Universiti Malaya, 2009 (University)
- CERTIFICATE OF EXCELLENT SERVICEUniversity of Malaya, 2007 (University)
- EXCELLENCE SERVICE AWARDUniversity of Malaya, 2006 (University)
- Best Paper Award at the International Conference on Environment Challenges of Service Industry in Asia PacificTrisakti University, Indonesia, 2006 (International)
- Sijil Perkhidmatan Cemerlang Universiti MalayaUniversity of Malaya, 2006
- Hadiah Buku Cikgu Osman HassanUniversity of Malaya, 1996 (University)
- Hadiah Buku Puteh MariahUniversity of Malaya, 1996 (University)
PUBLICATIONS
Article in Journal
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Ghadwan, Ahmad Saleh; Ahmad, Wan Marhaini Wan; Hanifa, Mohamed Hisham (2023). Financial Planning for Retirement: The Moderating Role of Government Policy, SAGE OPEN. 13(2). doi:10.1177/21582440231181300
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Haseeb, Muhammad; Mahdzan, Nurul Shahnaz; Ahmad, Wan Marhaini Wan (2023). Are Shariah-compliant firms less prone to stock price crash risk? Evidence from Malaysia, INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT. . doi:10.1108/IMEFM-06-2021-0223
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Mahdzan, N. S., Zainudin, R., Abd Sukor, M. E., Zainir, F., Ahmad, W. M. W. (2019). Determinants of Subjective Financial Well-Being Across Three Different Household Income Groups in Malaysia. Social Indicators Research, 146(3), 699-726. doi:10.1007/s11205-019-02138-4
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Ghadwan, Ahmad Saleh; Ahmad, Wan Marhaini Wan; Hanifa, Mohamed Hisham (2022). Financial Planning for Retirement Models: An Integrative Systematic Review, PERTANIKA JOURNAL OF SOCIAL SCIENCE AND HUMANITIES. 30(2), 879-900. doi:10.47836/pjssh.30.2.24
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Ghadwan, Ahmad; Ahmad, Wan Marhaini Wan; Hanifa, Mohamed Hisham (2022). Financial Planning for Retirement: The Mediating Role of Culture, RISKS. 10(5). doi:10.3390/risks10050104
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Abdullah, Luqman; Rosele, Muhammad Ikhlas; Ahmad, Wan Marhaini Wan (2020). The Concept of Legal Entity from the Islamic Law Perspectives, PERTANIKA JOURNAL OF SOCIAL SCIENCE AND HUMANITIES. 28(4), 3207-3221. doi:10.47836/pjssh.28.4.39
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Mahdzan, Nurul Shahnaz; Zainudin, Rozaimah; Abd Sukor, Mohd Edil; Zainir, Fauzi; Wan Ahmad, Wan Marhaini (2020). An exploratory study of financial well-being among Malaysian households, JOURNAL OF ASIAN BUSINESS AND ECONOMIC STUDIES. 27(3), 285-302. doi:10.1108/JABES-12-2019-0120
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Shafik, Ana Shakirah Md Sapir Md; Ahmad, Wan Marhaini Wan (2020). Financial literacy among Malaysian Muslim undergraduates, JOURNAL OF ISLAMIC ACCOUNTING AND BUSINESS RESEARCH. 11(8), 1515-1529. doi:10.1108/JIABR-10-2017-0149
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Ahmad, Wan Marhaini Wan; Hanifa, Mohamed Hisham; Hyo, Kang Choong (2019). Are non-Muslims willing to patronize Islamic financial services?, JOURNAL OF ISLAMIC MARKETING. 10(3), 743-758. doi:10.1108/JIMA-01-2017-0007
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Basir F.A.M., Ahmad W.M.W., Rahman M. (2023). Estate Planning Behaviour: A Systematic Literature Review, Journal of Risk and Financial Management. 16(2). doi:10.3390/jrfm16020084
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Haseeb M., Mahdzan N.S., Wan Ahmad W.M. (2023). Are Shariah-compliant firms less prone to stock price crash risk? Evidence from Malaysia, International Journal of Islamic and Middle Eastern Finance and Management. 16(2), 291-309. doi:10.1108/IMEFM-06-2021-0223
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Ahmad S., Wan Ahmad W.M., Shaharuddin S.S. (2022). Is excess of everything bad? Ramifications of excess liquidity on bank stability: Evidence from the dual banking system, Borsa Istanbul Review. 22, S92-S107. doi:10.1016/j.bir.2022.09.008
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Ghadwan A., Wan Ahmad W.M., Hanifa M.H. (2022). Financial Planning for Retirement: The Mediating Role of Culture, Risks. 10(5). doi:10.3390/risks10050104
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Abdullah, L., Rosele, M. I., & Ahmad, W. M. W. (2020). The concept of legal entity from the islamic law perspectives. Pertanika Journal of Social Sciences and Humanities, 28(4), 3207-3221. doi: 10.47836/PJSSH.28.4.39
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Md.Sapir @ Md.Shafik, A. S., & Wan Ahmad, W. M. (2020). Financial literacy among Malaysian Muslim undergraduates. Journal of Islamic Accounting and Business Research, 11(8), 1515-1529. doi: 10.1108/JIABR-10-2017-0149
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Mahdzan N.S., Zainudin R., Sukor M.E.A., Zainir F., Wan Ahmad W.M. (2019). Determinants of Subjective Financial Well-Being Across Three Different Household Income Groups in Malaysia, Social Indicators Research. 146(3), 699-726. doi:10.1007/s11205-019-02138-4
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Wan Ahmad W.M., Hisham Hanifa M., Hyo K.C. (2019). Are non-Muslims willing to patronize Islamic financial services?, Journal of Islamic Marketing. 10(3), 743-758. doi:10.1108/JIMA-01-2017-0007
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Wan Marhaini Wan Ahmad (2022), Fatwas on Zakat in Malaysia Trends and Issues , Journal of Ifta and Islamic Heritage, vol. 1, iss. 1, 66-87
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Haseeb, M., Mahdzan, N.S. & Wan Ahmad, W.M. (2020) The Impact of Earnings Management on Stock Price Crash Risk: An Analysis of Malaysian Firms. International Journal of Innovation, Creativity and Change, 14(1), 270-287
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Wan Ahmad, W.M. & Md Sapir, A.S. (2020), Zakat on Banking Deposits and Urbanite Malaysian Muslims, International Journal of Zakat and Islamic Philanthropy, 2(1), 97-104.
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Wan Ahmad, W.M., Hanifa, M.H. and Kang, C.H. (2019), Are non-Muslims willing to patronize Islamic financial services?, Journal of Islamic Marketing, Vol. 10, Issue 3, pp. 743-58.
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Han, Z., Yeoh, E.K.K & Wan Ahmad, W.M. (2018), Does Religious Obligation of Muslims in Western China Influence Their Intention to Adopt Islamic Banking?, Contemporary Chinese Political Economy and Strategic Relations: An International Journal, 4 (3), 1207-44.
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Han, Z., Yeoh, K.K. and Wan Ahmad, W.M. (2017), An Empirical Investigation of Chinese Muslims' Intention to Adopt Islamic Banking Services in Western China, Advanced Science Letters, 23: 9. pp. 8741-6.
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Ab Rahman, A., Ahmad, W. M. W., Mohamad, S., & Muhamad, R. (2012). Insurability and Suicide: Shariah Issues in Underwriting. Procedia-Social and Behavioral Sciences, 65, 593-601.
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Abdullah, L. H., Ahmad, W. M. W., Rahman, N. N. A., Ali, A. K., Nor, M. R. M., Khalil, S. A., & Al-Nahari, A. A. A. Q. (2012). Juristic discourse on the delay in payment and distribution of Zakat. Middle East Journal of Scientific Research, 12(2), 176 181.
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Wan Marhaini Wan Ahmad & Shamsiah Mohamad. 2012. Classical jurist's view on the allocation of zakat: is zakat investment allowed?. Middle East Journal of Scientific Research 12(2):176-181.
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Wan Zulkifli, Luqman Abdullah, Wan Marhaini & Sidek Abdullah. 2012. The Dependence of Shafi`i Sect in Determining Rulings (Fatwas)on Tithe in Terengganu Malysia for the Years 2000 to 2005. Advances in Natural and Applied Sciences, 6(7): 1184-1193.
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Asmak Ab Rahman and Wan Marhaini Wan Ahmad. 2011. The Concept of Waqf and Its Application in an Islamic Insurance Product: the Malaysian, Arab Law Quarterly, 25(2): 203-19 (Scopus).
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Wan Marhaini Wa Ahmad, Asmak Ab Rahman, Nor Ani Ali and Azizi Che Seman.2008. Religiosity And Banking Selection Criteria Amongst Malays In Lembah Klang. Jurnal Syariah 16(2), 279-304.
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Wan Marhaini Wan Ahmad, Asmak Ab Rahman, Nor Aini Ali & Azizi Che Seman. 2008. Comparative Study Between Auto Takaful and Auto Insurance Purhasing Behaviour Among Malaysian Undergraduates. Jurnal Syariah. 16(1), 75-88.
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Wan Marhaini Wan Ahmad, Asmak Ali, Nor Aini Ismaildan Azizi Che Seman. "Riba dan Gharar dalam Kontrak Insurans: Satu Analisis Fiqh". Jurnal Fiqh, vol.2, 2005.
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Some Issues of Gharar (Uncertainty) in Insurance , Jurnal Syariah, 11:2 (2003), pp. 61-80.
Books
- Wan Marhaini Wan Ahmad. 2004. Modul 5-3 Kewangan dan Perbankan Islam untuk Diploma Eksekutif Perakaunan Koperasi (Program Kerjasama UMCCed-ANGKASA-FPP).Kuala Lumpur
Chapter in Books
- Wan Marhaini Wan Ahmad, Asmak Ab Rahman, and Azizi Che Seman (2022) Religion, Islamic Values and Debt Management, the Malaysian Experience in Wealth Management and Investment in Islamic Settings - Opportunities and Challenges, ed. by Toseef Azid, Murniati Mukhlisin, Othman Altwijry, pp: 211-226.
- Nor Aini Ali, Wan Marhaini Wan Ahmad, Suhaili Sarif, Nor 'Azzah Kamri & Raihanah Azahari. (2019). Application of the Concept of Maslahah in Household Debt Management. In Asmak Ab Rahman (Ed.), New Developments in Islamic Economics; Examples from Southeast Asia (pp. 19-34). United Kingdom: Emerald Publishing.
- Abdullah, L., Ahmad, W. M. W., Rahman, N. N. A. & Sukor, M. E. A. (2017). Wakaf di Malaysia dalam Era Selepas Kemerdekaan. Dalam Abdul Karim Ali & Mohd Roslan Mohd Nor (Eds.), 6 Dekad Kemerdekaan Agenda Menuju Kehadapan (331-342). Selangor:Persatuan Ulama Malaysia (PUM).
- Mazni Abdullah, Wan Marhaini Wan Ahmad, Nurul Shahnaz Ahmad Mahdzan & Nor Aini Ali. 2015. Islamic Religiosity Values (IRV) and Zakat Compliance Behaviour. Dlm. Nor Aini Ali, Azizi Che Seman & Mohammad Taqiuddin Mohamad (eds.). Isu Kontemporari Pengurusan dan Pembayaran Zakat di Malaysia, hh. 81- 95. Kuala Lumpur: Majlis Agama Islam Wilayah Persekutuan & Jabatan Syariah dan Ekonomi, Akademi Pengajian Islam, Universiti Malaya.
- 4.Shamsiah Mohamad, Asmak Ab Rahman & Wan Marhaini Wan Ahmad (2014). The Concept of Tabarru in Takaful: A Proposition. In Islamic Economics, Banking and Finance: Concepts and Critical Issues, edited by Asmak Ab Rahman, Wan Marhaini Wan Ahmad & Shamsiah Mohamad, Pearson: Singapore, pp. 75-90.
- Nor Aini Ali, Suhaili Sarif, Raihanah Azahari, Nor Azzah Kamri & Wan Marhaini Wan Ahmad. 2014. Evolusi Teori Hutang dalam Islam. dlm Mohd Roslan et al. (eds). Islam & Ketamadunan Melayu. KL: APIUM. hlmn. 129-146
- Wan Marhaini Wan Ahmad. 2008. "Some Issues of Gharar in Insurance", in Essential Readings in Islamic Finance, ed. by Bakar, M D & Engku Ali, E A. Kuala Lumpur: Cert Publications.
- Asmak Ab Rahman, Nor Aini Ali, Wan Marhaini Wan Ahmad, & Azizi Che Seman. 2007. "Kepentingan Takaful Sebagai Instrumen Pelaburan, Simpanan dan Perlindungan", in Isu-Isu Kontemporari Dalam Sistem Takaful di Malaysia, ed. by Asmak Ab Rahman. Kuala Lumpur: Penerbit Universiti Malaya.
- Azizi Che Seman,Nor Aini Ali, Asmak Ab Rahman, Wan Marhaini Wan Ahmad & Fauzi Abu. 2007. "Penerimaan dan Sambutan Kakitangan Universiti Malaya Terhadap Produk-produk Takaful", in Isu-Isu Kontemporari Dalam Sistem Takaful di Malaysia, ed. by Asmak Ab Rahman. Kuala Lumpur: Penerbit Universiti Malaya.
- Nor Aini Ali, Asmak Ab Rahman, & Azizi Che Seman & Wan Marhaini Wan Ahmad, . 2007. "Penerimaan dan Sambutan Mahasiswa Universiti Malaya Terhadap Perniagaan Takaful Motor", in Isu-Isu Kontemporari Dalam Sistem Takaful di Malaysia, ed. by Asmak Ab Rahman. Kuala Lumpur: Penerbit Universiti Malaya.
- Wan Marhaini Wan Ahmad, Asmak Ab Rahman, Nor Aini Ali & Azizi Che Seman. 2007. "Elemen-elemen Riba dan Gharar dalam Insurans", in Isu-Isu Kontemporari Dalam Sistem Takaful di Malaysia, ed. by Asmak Ab Rahman. Kuala Lumpur: Penerbit Universiti Malaya.
- Wan Marhaini Wan Ahmad, 2006. "Islamic Banking in Malaysia Prior to 2005", in The Malaysian Financial System: An Overview. Ed. by M Fazilah Abdul Samad. Kuala Lumpur: Penerbit Universiti Malaya.
- Wan Marhaini Wan Ahmad. 2006. "Securities Commission's Halal Counters", in The Malaysian Financial System: An Overview. Edd. by M Fazilah Abdul Samad. Kuala Lumpur: Penerbit Universiti Malaya.
Article in Proceeding
- Luqman Abdullah, Mohd Edil Ab Sukor, Wan marhaini Wan Ahmad and Noor Naemah Abdul Rahman (2017). The Governance of Wakaf land in Malaysia and Indonesia: A Comparative Analysis. Proceedings of the IIER International Conferences, 1-4.
- Wan Ahmad, W.M. (2016), The Malaysian Islamic Finance Landscape, proceedings of Conference on Economic and Financial Cooperation between China and Malaysia, China-Asean Institute of Guangxi University
- Asmak Ab Rahman, Wan Marhaini Wan Ahmad, Azizi Che Seman & Siti Mashitoh Mahamood. in Wan Kamal Mujani (ed.). 2014. Application of a Contemporary Islamic Financial Instrument Integrated with the Waqf Concept for Financing Higher Educational Institutions: A Preliminary Study. Seminar Pelestarian Institusi Wakaf: Memperkasa Pendikan Tinggi Negara. Bangi: Fakulti Pengajian Islam. hh. 253-262.
- Asmak Ab.Rahman. Wan Marhaini Wan Ahmad, Azizi Che Seman dan Siti Mashitoh Mahamood, Application of A Contemporary Islamic Financial Instrument Integrated With The Waqf Concept For Financing Higher Educational Institutions: A preliminary Study , ed. Wan Kamal Mujani, Bangi: Universiti Kebangsaan Malaysia, Prosiding Pelestarian Institusi Wakaf: Memperkasa Pendidikan Tinggi Negara (2014), 253-262.
- Wan Marhaini Wan Ahmad, Asmak Ab Rahman, Azizi Che Seman and Siti Mashitoh Mahamood. in Wan Kamal Mujani (ed.). 2014.The Dynamics of Islamic Finance in the Development of Waqf Assets for the Higher Education Institutions. Seminar Pelestarian Institusi Wakaf: Memperkasa Pendikan Tinggi Negara. Bangi: Fakulti Pengajian Islam. hh. 177-186.
- Asmak Ab Rahman , Shamsiah Mohamad, Wan Marhani Wan Ahmad & Mohd Fauzi Hussin (2011),Development of the Islamic Insurance Business in Malaysia, World Academy of Science, Engineering and Technology, Issue 77, June 2011, pp 1374-1377
- Wan Marhaini Wan Ahmad. 2008. "Delays in the Payment and Distribution of Zakat in Malaysia", Malaysian Study on Islam, University of Wales, Lampeter, Uk. 28th-29th of June 2008.
- Asmak Ab. Rahman, Nor Aini Ali, Wan Marhaini Wan Ahmad & Azizi Che Seman. 2006. An Analytical Study on Agricultural Zakat Accounting in Malaysia. Proceedings of International Accounting Conference III (INTAC III). Kuala Lumpur: International Islamic University of Malaysia.
- Nor Aini Ali, Wan MArhaini Wan Ahmad, Azizi Che Seman & Asmak Ab Rahman. 2006. "Religiosity and Choice of Banking in Malaysia". International Conference on Environment Challenges of Service indusrty in asia Pacific. Organized by Trisakti Univeristy. 2nd-5th of August 2006.
- Nor Aini Ali, Wan Marhaini Wan Ahmad, Azizi Che Seman & Asmak Ab. Rahman. 2006. Religiosity and Choice of Banking in Malaysia. Proceedings of International Conference: Environment Challenges of Service Industry in Asia Pacific. Jakarta, Indonesia: Faculty of Economics, Trisakti University.
- Wan Marhaini Wan Ahmad, Asmak Ab. Rahman, Nor Aini Ali & Azizi Che Seman. 2006. Choice Of Financing Amongst Malays: Between Religiosity And Perception. Proceedings of National Seminar In Islamic Banking & Finance 2006 (IBAF 2006). Nilai: Kolej Universiti Islam Malaysia.
- Asmak Ab Rahman, Nor Aini Ali, Azizi Che Seman & Wan Marhaini Wan Ahmad. 2005. "Comparative Study Between Auto Takaful and Auto Insurance Purchasing Behaviour Among Maalaysian Undergraduates". 3rd Interntional Islamic Banking and Finance Conference 2005. Monash University. Kuala Lumpur. 16-17 November 2005.
- Asmak Ab. Rahman, Nor Aini Ali, Azizi Che Seman & Wan Marhaini Wan Ahmad. 2005. Comparative Study between Auto Takaful and Auto Insurance Purchasing Behaviour Among Malaysian Undergraduates. Proceedings of 3rd International Islamic Banking and Finance Conference. Petaling Jaya: Monash University Malaysia.
- Wan Marhaini Wan Ahmad, Asmak Ali, Azizi Che Seman dan Nor Aini Ismail, 2005. Comparative Study between Auto Takaful and Auto Insurance Purchasing Behaviour Among Malaysian Undergraduates. 3rd International Islamic Banking and Finance Conference 2005. Kuala Lumpur.
- A Study of Gharar in Insurance and Takaful , Proceedings of MFA 5th Symposium in April 2003.
Other Publications
- Wan Marhaini Wan Ahmad. 2004. Rakaman Video bagi Modul 5-3 Kewangan dan Perbankan Islam untuk Diploma Eksekutif Perakaunan Koperasi (Program Kerjasama UMCCed-ANGKASA-FPP). - Other Media(Tape,Video,Internet)
RESEARCH INTEREST
- Islamic Capital Market (Theory)
- Zakat (Theory, Application)
- Islamic Finance (Theory, Application)
- Islamic Banking (Theory, Application)
- Takaful (Theory, Application)
RESEARCH PROJECT
National
- 2019 - 2022, RU Geran - Fakulti ProgramDevelopment And Validation Of A Comprehensive Objective Measurement For Islamic Financial Literacy ( Co-Researcher)
- 2014 - 2017, Long Term Research Grant Scheme (LRGS)Financing, Development & Investment of Higher Educational Institutions Using Waqf Instrument LRGS Grant (Project 2 under Program: Pelestarian Institusi Wakaf untuk Memperkasakan Pendidikan Tinggi Negara, LRGS RM3,989,000.00) - A National collaborative Project ( Consultant)
- 2013 - 2014, Geran Penyelidikan Universiti Malaya (UMRG)Indebtedness Problem Among Muslim: Does Islam Have an Answer? In Program:Islamic Values in Accounting and Financial Practices ( Consultant)
- 2011 - 2013, Geran Penyelidikan Universiti Malaya (UMRG)Legal and Shariah Issues in Islamic Trade Finance Products - A Critical Analysis with Special Reference to Malaysian Banks' Practices ( Consultant)
- 2010 - 2011, Geran Penyelidikan Universiti Malaya (UMRG)Insurans Dan Takaful Sebagai Instrumen Mengurus Risiko: Kajian Terhadap Penyertaannya Dalam Kalangan Masyarakat Bandar Di Malaysia, RG172/10HNE ( Consultant)
- 2009 - 2010, Geran Penyelidikan Universiti Malaya (UMRG)Kajian Perbandingan Model-Model Takaful Di Malaysia Dari Perspektif Ekonomi Islam, RG008/09HNE ( Consultant)
- 2007 - 2008, University of MalayaPenerimaan Masyarakat Melayu terhadap Takaful Keluarga: Kajian di Wilayah Persekutuan Kuala Lumpur,PJP (F0149/2007B) ( Consultant)
- 2006 - 2007, University of MalayaReligiosity and Banking Selection Criteria Amongst Malays in Lembah Kelang, PJP (F0224/2007A) ( Consultant)
- 2004 - 2004, Short Term Research Fund (Vote F)(PJP)Persistency of Profitability of BIMB and Islamic Banking Schemes ( Principal Investigator(PI))
University
- 2005 - 2006, Short Term Research Fund (Vote F)(PJP)Penerimaan dan Sumbangan Takaful di Kalangan Kakitangan dan Mahasiswa di Universiti Malaya ( Consultant)
CONSULTANCY PROJECT
- Kajian Penentuan Fakir Miskin Berkonsepkan Multidimensi, Lembaga Zakat Selangor01 Aug 2018 - 01 Aug 2019 (National)
- Member of The Shariah Advisory Panel for Xeraya Capital, Xeraya Capital Sdn Bhd01 Dec 2014 - 01 Dec 2016 (National)
- Shariah Advisor for Malaysian Islamic Capital Market, Muamalat Invest Sendirian Berhad01 Jan 2013 - 01 Jan 2016 (National)
- Shariah Advisor, EonCap Islamic Bank Berhad01 Dec 2011 - 01 Dec 2011 (National)
PAPER PRESENTED
INVITED SPEAKER
- How Islamic Economics and Finance Shaping Future Development of Global Ethical Financial Services, 2nd Brawijaya Economics and Finance International Conference (BEFIC), Universitas Brawijaya (International) (02 Nov 2023 - 03 Nov 2023)
- Innovation in Islamic Banking: Beyond Tawarruq, 2nd Shariah Committee & Board Engagement, UOBM (National) (31 Oct 2023 - 31 Oct 2023)
- Prospek Kerjaya Graduan al-Azhar Dalam Kefatwaan dna Kewangan Islam, Bual Bicara Interaktif Bersama Tokoh, Keluarga Pelajar-pelajar Kelantan Mesir (International) (15 Feb 2022 - 15 Feb 2022)
- Celik dan CAkna Kewangan Dari Perspektif Islam, Sesi Perkongsian Bersama , Perwakilan (Wanita) Kaherah (International) (13 Feb 2022 - 13 Feb 2022)
- Islamic Banking in Mlaysia: Past, {resent and Future, DMS Discourse on the Malaysian Islamic Financial Institutions and Sharing Session with Malaysian Students, Department of Malaysian Studies, cairo University (International) (01 Feb 2018 - 01 Feb 2018)
- Understanding Islamic Banking Patronage among Chinese Muslims: An Application of the Theory of Planned Behaviour, International Workshop "Towards Sustainable Malaysia-China Relations: Economic and Political Dimensions", Institute of China Studies, University of Malaya (International) (13 Sep 2017 - 13 Sep 2017)
- The Malaysian Islamic Finance Landscape, Economic and Financial Cooperation between China and Malaysia, China-ASEAN Research Institute of Guangzi University (International) (10 Sep 2016 - 11 Sep 2016)
- Introduction to Islamic Finance, Islamic Culture , Centre for Management Enhancement (University) (17 Oct 2013 - 17 Oct 2013)
ORAL PRESENTER
- Zakat Literacy among eligible Malaysian Zakat Payers in the Context of Zakat on Banking Deposit , MOHE-UM-INCEIF Islamic Finance research Conference 2019, MOHE-UM-INCEIF Islamic Finance Research Programme (University) (11 Feb 2019 - 12 Feb 2019)
PRESENTER
- Interpretasi Pembahagian Harta Pusaka dan Hibah Menurut Syariah, Muzakarah Ahli Majlis Penasihat Syariah Institusi Kewangan di Malaysia ke-15, JAKIM (National) (17 Oct 2019 - 17 Oct 2019)
- Preference Shares from Islamic Perspective, MOHE-UM-INCEIF Intellectual Discourse Series, MOHE-UM-INCEIF Research Programme (National) (22 Nov 2017 - 22 Nov 2017)
- Zakat Literacy among Eligible Malaysian Zakat Payers in The Context of Zakat on Banking Savings, MOHE-UM-INCEIF Islamic Finance Research Conference, MOHE-UM-INCEIF Research Grant Programme (National) (21 Nov 2017 - 22 Nov 2017)
- The Governance of Wakaf land in Malaysia and Indonesia: A Comparative Analysis, International Conference on Social Science and Economics, International Conference on Social Science and Economics (International) (12 Oct 2017 - 13 Oct 2017)
- Placement of Shariah and Islamic Educated Directors on the Islamic Banking Performance in Malaysia, International Workshop "Towards Sustainable Malaysia-China Relations: Economic and Political Dimensions" (Workshop), Institute of Chinese Studies, University of Malaya (International) (13 Sep 2017 - 13 Sep 2017)
- Religiosity as Predictive Factor of Debt Management , 4th International Islamic Economics and Finance Congress , Zaim Sabahattin University, Istanbul (International) (15 Jul 2017 - 16 Jul 2017)
- An Empirical Investigation of Chinese Muslims Intention to Adopt Islamic banking Services in Western China, 2nd ASIA International Conference (AIC 2016), Universiti Teknologi Malaysia (International) (08 Oct 2016 - 09 Oct 2016)
- Islamic Equity Funds: Investors reaction to fund performance, 2nd International Conference on Islamic Perspective of Accounting, Finance, Economics and Management, 2nd International Conference on Islamic Perspective of Accounting, Finance, Economics and Management (International) (17 Aug 2016 - 19 Aug 2016)
- Flow-Performance Relationship of Islamic Equity funds (IEFs), 18th Malaysian Finance Association Annual Conference (MFAC) and 7th Islamic Banking, Accounting and Finance Conference 2016 (iBAF 2016), Malaysian Finance Association and USIM (International) (29 May 2016 - 31 May 2016)
- Penjanaan Dana Universiti Menerusi Instrumen Wakaf, APIUM Research Talk Series 2015, Research and Development Division, APIUM (University) (21 May 2015)
- Juristic Issues in the Delays of payment and Distribution of Zakah, International Zakat Conference, World Zakat Forum (International) (19 Jul 2011 - 21 Jul 2011)
- Development of Islamic Insurance Business in Malaysia, World Academy of Science, Engineering and Technology, World Academy of Science, Engineering and Technology (International) (28 Jun 2011 - 30 Jun 2011)
- The Concept of Waqf and Its Application in an Islamic Insurance Product: the Malaysian Experiece, The International Islamic Business and Finance Summit  (International) (25 Jun 2009 - 26 Jun 2009)
- Delays in the Payment and Distribution of Zakat in Malaysia, Malaysian Study on Islam (International) (28 Jun 2008 - 29 Jun 2008)
- Choice of Financing Amongst Malays: Between Religiosity and Perception, National Conference on Islamic Banking and Finance 2006, Universiti Sains Islam Malaysia (National) (29 Aug 2006 - 30 Aug 2006)
- Religiosity and Choice of Banking in Malaysia, International Conference on Environment Challenges of Service indusrty in asia Pacific, Facuty of Economics, Trisati Universty, Indonesia (International) (02 Aug 2006 - 05 Aug 206)
- An Analytical Study on Agricultural Zakah Accounting in Malaysia, International Accounting Conference III. Islam & Accounting: Towards Enhancing Accountability, Governance and Performance, International Islamic Uiversity o Malaysia (International) (26 Jun 2006 - 28 Jun 2006)
ACADEMIC/PROF. SERVICES
Evaluation
- (2023) Panel Penilai Program Sm Usuluddin (Dakwah dan Pembangunan Insan), University, (External Assessor)
- (2023) Panel Penilai Program Sm Usuluddin (Sejarah dan Tamadun Islam), University, (External Assessor)
- (2023) Panel Penilai Geran Fpe 2023, University, (Reviewer)
- (2022) Ee Mphil Thesis - Multimedia University, National, (External Examiner)
- (2020) Jurnal Syariah [2020-11-15], (Reviewer)
- (2020) Jurnal Syariah [2020-08-05], (Reviewer)
- (2020) Jurnal Syariah [2020-04-28], (Reviewer)
- (2020) Jurnal Syariah [2020-01-01], (Reviewer)
- (2020) Jurnal Institut Perakaunan Negara [2020-11-15], (Reviewer)
- (2019) Reviewer for Shariah Journal (1), (Reviewer)
- (2019) Reviewer for journal of Islamic Accounting & Business research (2), (Reviewer)
- (2019) Reviewer for Journal of Islamic Accounting & Business Research (3), (Reviewer)
- (2019) Reviewer for Journal of Islamic Accounting & Business Research (1), (Reviewer)
- (2019) Reviewer for Shariah Journal (2), (Reviewer)
- (2018) Journal of Islamic Accounting and Business Research, (Reviewer)
- (2018) Jurnal Syariah , (Reviewer)
- (2018) PhD Programme - APIUM, (External Examiner)
- (2018) Journal of Islamic Marketing, (Reviewer)
- (2018) Penilai Buku Anugerah Penerbitan USIM 2017, (Reviewer)
- (2017) Jurnal Syariah , (Reviewer)
- (2017) Jurnal Syariah, (Reviewer)
- (2017) Jurnal Syariah, (Reviewer)
- (2017) Best Paper Selection (from 5) for iECONS 2017 organized in Oman., (Reviewer)
- (2016) Jurnal Syariah (3), (Reviewer)
- (2016) Journal of Islamic Accounting and Business Research, (Reviewer)
- (2015) Article titled: Dinamisme Wakaf Unit Amanah Menurut Perspektif Syariah, (Reviewer)
- (2015) Article titled: The Commitment on Islamic Work Ethics among Islamic Banking Employees in Acheh, (Reviewer)
- (2015) Muhammad Shariq, PhD Proposal, INTEREST RATE SENSITIVITY ACROSS DIFFERENT ISLAMIC INDICES, (Internal Examiner)
- (2015) Preservation of Waqf in Islamic Banking Institution, (Reviewer)
- (2015) Article titled: Islamic Unit Trust Fund Manager Selection , (Reviewer)
- (2014) Article titled: Penggunaan Konsep AITAB dalam Pembiayaan Kenderaan di BMMB, (Reviewer)
- (2014) Article titled: Islamic Home Financing in Malaysia Istisna' A Computation Qualitative Approach [Jurnal Syariah], (Reviewer)
- (2014) External Assessor for PhD thesis titled "Application of Wa'd in Isalmic Banking Products: a Comparative Study between Malaysia and Bangladesh [Md Faruk Abdullah IHA120003] in Academy of Islamic Studies, (Academic Assessor)
- (2014) Article titled: Ana;isis Musyarkah Mutanaqisah sebagai Instrumen Pembiayaan Mikro Kewangan Islam in Jurnal Syariah , (Reviewer)
- (2014) Article titled: Are Parents Free to Bestow their Wealth onto Their Children? Juristic Solutions to Contemporary Practice of Hibah in Jurnal Syariah, (Reviewer)
- (2013) Sukuk Ijarah: To What Extent They Comply or Contradict the Ijarah Contract or Bay` Inah. , (Reviewer)
- (2013) Insurable Interest under Life Insurance and Family Takaful, (Reviewer)
- (2013) Bank Risk Taking and deposit Insurance Premium in a Deposit Insurance system, (Internal Examiner)
- (2013) The Efficiency of the Roles of BSCO, BOO and BEME on the Personnel Job Satisfaction in Infantry Brigade, (Internal Examiner)
- (2012) The Effect of Command, Leadership and Management on Soldier Performance in Infantry Battalion , (Internal Examiner)
- (2012) Motives of Merger and Acquisition and the Impact on Financial Performance of Malaysian Banks, (Internal Examiner)
- (2011) Issues and Challenges in Introducing Islamic Finance in Korea, (Internal Examiner)
Contribution to external organisation
- (2023) Full Accreditation Audit of Master of Economics, Uis, National, (Auditor)
- (2023) Assessment of Premise Qualification (Mqa), National, (Auditor)
- (2023) Shariah Advisor of Uob, National, (Expert Advisor)
- (2023) Shariah Advisory Panel of Zurich Takaful, National, (Expert Advisor)
- (2023) Shariah Advisory Panel of Xeraya Capital, National, (Expert Advisor)
- (2022) Chairman of Audit Panel (Master of Islamic Finance Programme), National, (Auditor)
- (2022) Module Developer for Asas, International, (Resource Person)
- (2021) Chairman of Audit Panel, National, (Auditor)
- (2021) Member of Audit Panel - Mqa Fa8192, National, (Auditor)
- (2021) Bengkel Pengemaskinian Malaysian Research & Development Classification System 7th Ed., National, (Expert Advisor)
- (2021) Shariah Panel Member Xeraya Capital, National, (Expert Advisor)
- (2020) FAA Assessor of Waqf Management Diploma, Finance Accreditation Agency
- (2020) Assessor panel for Degree Program (MQA FA9182), MQA
- (2019) Panel Member for Programme Standard on Halal Studies, Malaysian Qualifications Agency (MQA)
- (2019) Assessor Panel for Diploma in Finance, MQA
- (2018) Assessor Panel for MQA (Sarjana Perbankan Islam USIM), MQA
- (2018) Panel Assessor for MQA (Sarjana Kewangan Islam USIM), MQA
- (2018) Panel Assessor for MQA (Bachelor of Finance (Islamic Finance) UNITAR), MQA
- (2018) Panel Assessor for MQA (Bachelor in Islamic Banking KUIP), MQA
- (2017) Assessment of Diploma in Islamic Finance (MQA/PA 9495), Malaysian Quality Agency
- (2017) Assessment of Diploma in Islamic Finance and Banking (MQA/FA2333), Malaysian Quality Agency
- (2017) Panel of Assessor, Malaysian Quality Agency
- (2016) Panel of Assessors for Master of Islamic Banking and Finance (MQA/FA 3457), MQA
- (2016) Panel of Assessors for Ijazah Sarjana Muda Perbankan dan Kewangan Islam (MQA/FA 1253), MQA
- (2016) Panel of Assessors for Masters in Islamic Bnaking (MQA/ PA 9091), MQA
- (2015) Panel Penemuduga Kemasukan ke Program Ijazah Dasar Sessi 2015/16, University of Malaya
- (2015) Review Panel for Bachelor of Science Islamic Finance - MAHSA University, MQA
- (2013) Panel Penemuduga KPT 2013, Kementerian Pendidikan Tinggi
- (2013) Pasukan Pembangunan Program Diploma Perakaunan UMCCED, UMCCED
- (2013) External Examiner for Taught Awards for BAchelor in Islamic Banking and Finance, Linton University College
- (2012) Penulis Dokumen SWAAKREDITASI Bagi Kursus Program Diploma Kewangan dan Perbankan Islam, UMCCED
Contribution to event
- (2022) Instructor for Module - Principles of Economics (Csa/Csp), International, (Course Facilitator)
- (2021) Speaker, International, (Panelist/Moderator)
- (2021) Speaker for Short-Term Virtual Mobility Program, University, (Panelist/Moderator)
- (2021) Facilitator - Aoyama Business School Summer Programme, International, (Panelist/Moderator)
- (2021) Facilitator - Basic Structure of Islamic Finance, International, (Course Facilitator)
PATENT/IPR
- Model Waqf Financing For Heis: Mode 3Copyright (National)
- Model Waqf Financing For Heis: Mode 1Copyright (National)
- Model Waqf Financing For Heis: Mode 6Copyright (National)
- Model Waqf Financing For Heis: Mode 5Copyright (National)
- Syariah Concepts & Principles Applied In Financing, Development & Investment Models: A Comprehensive ModelCopyright (National)
- Model Agihan Mawquf UM AwqafCopyright (National)
- Model Waqf Financing For Heis: Mode 2Copyright (National)
- Model Waqf Financing For Heis: Mode 4Copyright (National)