Dr. Abdul Ghafar Ismail

Professor of Islamic Financial Economics
Universiti Sains Islam Malaysia

Highest Degree
Ph.D. in Economics from University of Southampton, UK

My URL
https://livedna.org/60.11920

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Biography

Abdul Ghafar Ismail is Professor of Islamic financial economics at Faculty of Islamic Economics and Muamalat, Universiti Sains Islam Malaysia; member of YaPEIM Board of Trustee; and Chairperson, Organization of Islamic Economic Studies and Thoughts. He got his PhD from University of Southampton, England. His experience includes Head of Research Division, Islamic Research and Training Institute, Islamic Development Bank; Professor of Islamic financial economics, Universiti Kebangsaan Malaysia and Universiti Islam Sultan Sharif Ali; Bank Supervision Advisor of the International Monetary Fund for Djibouti; AmBank Group Resident Fellow for Perdana Leadership Foundation; Consultant for Ministry of National Development Planning, Indonesia and Shariah Committee Member for Citibank Malaysia. He has published extensively in several refereed journals among others Journal of Business Ethics; European Journal of Law and Economics; Review of Islamic Economics; Journal of Islamic Economics, Banking and Finance; Humanomics; International Journal of Social Economics; Savings and Development; Global Journal of Finance and Economics; Review of Financial Economics; Journal of Financial Services Marketing; International Journal of Islamic and Middle Eastern Finance and Management; Research in Financial Qualitative Markets; and Investment Management and Financial Innovations. His papers have also been presented in many international and local conferences. His research interests include learning process and growth theory, inter-temporal allocation of resources, earning management, capital adequacy standard for Islamic financial institutions, risk management and institutional economics. His recent books are Money, Islamic Banking and Real Economy; Ar Rahnu – An Islamic Pawnbroking; Economic Capital and Risk Management in Islamic Banking; and Policy Discussion on Maqasid Shariah for Social Economic Development.

Area of Interest:

Economics
Islamic Economics
Institutional Federalism
Islamic Banking
Financial Economics

Selected Publications

  1. Ibrahim W.H.W. and A.G. Ismail, 2020. Do regulation, maqasid shariah and institutional parameter improve islamic bank efficiency?. Journal of Islamic Monetary Economics and Finance 6: 135 -162.
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  2. Shaikh, S.A., M.A. Ismail, A.G. Ismail, S. Shahimi and M.H.M. Shafiai, 2019. Comparative analysis of Shari’ah-compliant portfolios: evidence from Pakistan. J. Islamic Accounting Bus. Res., 10: 466-487.
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  3. Sapuan, N.M., N.A. Sanusi, A.G. Ismail and A. Wibowo, 2015. Optimal profit sharing contract and principal-agent value in Islamic bank. Adv. Sci. Lett., 21: 1837-1841.
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  4. Mohammed, N., A.G. Ismail, J. Muhammad, S.A. Jalil and Z.M. Noor, 2015. Market concentration of Malaysia's Islamic banking industry. Jurnal Ekonomi Malaysia, 49: 3-14.
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  5. Mohammed, N., A.G. Ismail and J. Muhammad, 2015. Evidence on market concentration in Malaysian dual banking system. Procedia Social Behav. Sci., 172: 169-176.
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  6. Ismail, A.G. and A.B. Jaafar, 2015. Government revenue in the eyes of Abu Ubaid: An analysis. Int. J. Asian Social Sci., 5: 1-17.
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  7. Ibrahim, W.H.W. and A.G. Ismail, 2015. Conventional bank and Islamic banking as institutions: Similarities and differences. Humanomics, 31: 272-298.
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  8. Zali, N.A. and A.G. Ismail, 2014. The creation of corporate ethical identity from the perspective of intangible assets. Middle-East J. Sci. Res., 21: 1219-1225.
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  9. Kusairi, S., N. Sanusi and A.G. Ismail, 2014. Financial market reforms and current account imbalance in Asian countries. Int. J. Econ. Res., 11: 383-396.

  10. Kamil, K.H., A.G. Ismail and S. Shahimi, 2014. Deriving priorities on the economic objectives and social objectives of islamic banking. Res. J. Appl. Sci., 9: 952-961.
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  11. Ismail, A.G., B.T. Possumah and M.N. Abdul Kadir, 2014. Inter-generational transfer under Islamic perspective. Humanomics, 30: 95-121.
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  12. Ismail, A.G. and N. Haron, 2014. Happiness in economics as understood across Ism and religion. Sage Open, 4: 1-14.
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  13. Ismail, A.G. and B.T. Possumah, 2014. Poverty and Social Security in Islam. In: Handbook on Islam and Economic Life. Hassan, M.K. and M.K. Lewis (Ed.). Edward Elgar Publishing Ltd., Cheltenham, England., ISBN: 9781783479818, pp: 437-452..
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  14. Abdullah, R. and A.G. Ismail, 2014. Al-Tawhid in relation to the economic order of microfinance institutions. Humanomics, 30: 325-348.
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  15. Shamsuddin, Z. and A.G. Ismail, 2013. Agency theory in explaining Islamic financial contracts. Middle-East J. Sci. Res., 15: 530-545.
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  16. Possumah, B.T., A.G. Ismail and S. Shahimi, 2013. Bringing work back in Islamic ethics. J. Bus. Ethics, 112: 257-270.
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  17. Ma'in, M. and A.G. Ismail, 2013. Investment and financial system design for firms in Malaysia. J. Econ. Cooperation Dev., 34: 19-46.
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  18. Kamil, K.H., A.G. Ismail and S.S. Shahimi, 2013. Use of the analytic hierarchy process (AHP) to derive priorities in the management of assets and liabilities in accordance with Islamic banking objectives. Malaysian Manage. Rev., 48: 39-51.

  19. Kamarudin, W.N.W. and A.G. Ismail, 2013. Profit sharing and loss bearing in financial intermediation theory. Investment Manage. Financial Innovations, 10: 184-192.
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  20. Ismail, A.G., S. Shahimi and M.N.M. Zain, 2013. Applied Shari'ah in Financial Transactions. Vol. 2. LAP Lambert Academic Publishing, Germany., ISBN: 978-3-8484-1833-6, Pages: 400..
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  21. Ismail, A.G., N.A.R.N. Abdul Ghani and S. Shahimi, 2013. Applied Shari'ah in Financial Transactions. Vol. 3. LAP Lambert Academic Publishing, Berlin, Germany., ISBN-13: 978-3-659-41581-4, Pages: 236..
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  22. Ismail, A.G., H.M. Tahir and Z. Zakaria, 2013. Applied Shari'ah in Financial Transactions. Vol. 1. LAP Lambert Academic Publishing, Germany., ISBN: 978-3-8473-3985-4, Pages: 456..
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  23. Ismail, A.G., B.T. Possumah and M.A.M. Ali, 2013. What you sell is what you lend? Revealing complexity of riba in loan contract. Eur. J. Law Econ., 10.1007/s10657-013-9404-1.
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  24. Ismail, A.G. and B.T. Possumah, 2013. Theoretical model for Zakat-based Islamic microfinance institutions in reducing poverty. Int. Res. J. Fin. Econ., 103: 136-150.
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  25. Bhuiyan, A.B., C. Siwar, A.G. Ismail and T.B. Hossain, 2013. Microcredit impact on children's education and women empowerment. Res. J. Appl. Sci. Eng. Technol., 5: 66-71.
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  26. Ramli, R., S. Shahimi and A.G. Ismail, 2012. Do Malaysian Islamic banks manage earnings through profit equalisation reserve. Capital Markets Rev., 20: 1-20.
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  27. Ma'in, M., A.G. Ismail and A.H.S.M. Nor, 2012. Firm investment and bank health: Evidence from Malaysian listed firms. Jurnal Pengurusan, 34: 45-53.

  28. Kusairi, S., N.A. Sanusi and A.G. Ismail, 2012. Stock market and real interest rate of ASEAN countries: Are they cointegrated. Am. Int. J. Contemp. Res., 2: 42-58.
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  29. Bhuiyan, A.B., C. Siwar, A.G. Ismail and M.A. Islam, 2012. Microfinance and sustainable livelihood: A conceptual linkage of microfinancing approaches towards sustainable livelihood. Am. J. Environ. Sci., 8: 328-333.
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  30. Arshad, N.C. and A.G. Ismail, 2012. Parameterizing the Shariah Rulings for Partnership Financial Transactions. UUM Press, Universiti Utara Malaysia, Malaysia., ISBN: 978-967-0474-23-6, Pages: 89..
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  31. Tohirin, A. and A.G. Ismail, 2011. MMM in the finance-growth nexus. Investment Manage. Financial Innovations, 7: 130-147.
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  32. Smolo, E. and A.G. Ismail, 2011. A theory and contractual framework of Islamic micro-financial institutions' operations. J. Financial Serv. Marketing, 15: 287-295.
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  33. Ma'in, M., U. Teknologi and A.G. Ismail, 2011. Financial system design and firm investment in Malaysian listed firms. J. Mod. Accounting Auditing, 7: 14-30.

  34. Ismail, A.G., 2011. The theory of Islamic banking: Look back to original idea. J. Islamic Econ. Bank. Fin., 7: 9-22.
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  35. Ibrahim, W.H.W., A.G. Ismail and W.N.W.M. Zabaria, 2011. Disclosure, risk and performance in Islamic banking: A panel data analysis. Int. Res. J. Finance Econ., 72: 100-114.
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  36. Halid, N., N.A. Ghazali, I. Ibrahim, A.G. Ismail and M. Jusoh, 2011. Monetary shock, uncovered interest parity deviation and current account: The influence of international pricing. Jurnal Pengurusan, 33: 3-16.

  37. Bhuiyan, A.B., C. Siwar, A.G. Ismail and B.A. Talib, 2011. Islamic microcredit is the way of alternative approach for eradicating poverty in Bangladesh. Aust. J. Basic Appl. Sci., 5: 221-230.
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  38. Bhuiyan, A.B., C. Siwar, A.G. Ismail and B.A. Talib, 2011. Financial sustainability and outreached of MFIs. Aust. J. Basic Appl. Sci., 5: 610-619.
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  39. Arshad, N.C. and A.G. Ismail, 2011. Regulation on the parameterized of mudharabah contract: A critical analysis. Int. J. Econ. Res., 2: 157-189.
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  40. Abdullah, M., S. Shahimi and A.G. Ismail, 2011. Operational risk in Islamic banks: Examination of issues. Qual. Res. Financial Markets, 3: 131-151.
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Member since March, 2016