Nazam Dzolkarnaini

nazam dzolkarnaini

Dr Nazam Dzolkarnaini CFP FCA FHEA

Associate Professor

 0131 455 4305

  N.Dzolkarnaini@napier.ac.uk

   

Biography

I have years of corporate experience in financial reporting, financial information system and corporate budgeting. I am also a professionally qualified financial consultant.

My research focuses on corporate finance, microfinance, corporate governance, ethics and Islamic finance issues. I engage with numerous academics, practitioners, and policymakers particularly in the development of ethical and Islamic finance in the UK. I attended the Stakeholder Meeting of the All-Party Parliamentary Group on Islamic Finance (APPGIF) at the House of Lords, UK Parliament.

I have published my works in a number of books, book chapters, international peer-reviewed journals, financial newspapers and professional publications. I also sit on the Editorial Board of several journals. My latest co-edited book is on "Ethical Discourse in Finance: Interdisciplinary and Diverse Perspectives" published by Palgrave Macmillan. The book foreword was penned by The Lord Sheikh of House of Lords, UK Parliament.

I have been teaching MBA, MSc and undergraduate accounting and finance programmes. I have wide experience in academic programme leadership including active involvement in the world-leading academic accreditation by AMBA, EPAS and AACSB. I am also a Visiting Scholar and external examiner at several higher education institutions in the UK and overseas.

I promote public and community development in various roles including as the Governance and Technical Adviser of Ansar Finance Group, Manchester, and a Founding Director, Chairman & Trustee of the Ethical Finance and Investment Research (EFAIR) Foundation. The Foundation aims to advance the education of the public on the subject of ethical finance and investment, and to promote research for the public benefit in all aspects of that subject and to publish the useful results.

In December 2021, I was awarded with Chartered Accountant Fellow (FCA) by Chartered Accountants Australia and New Zealand (CA ANZ) in recognition of my outstanding contribution to the profession of accountancy and accounting education.

School

Research Groups

Themes

Research Areas

News

Events

Esteem

Advisory panels and expert committees or witness

  • Governance and Technical Adviser, Ansar Finance Group, Manchester, 2019-present
  • All-Party Parliamentary Group on Islamic Finance, House of Lords, UK Parliament, 2017-present

 

Conference Organising Activity

  • Scientific Committee, Financial Management Association (FMA) Annual Meeting, 2019-present
  • Scientific Committee, Financial Management Association (FMA) Asia/Pacific Conference, 2019-present
  • Scientific Committee, Financial Management Association (FMA) Global Conference in Latin America, 2019-present
  • Scientific Committee, Management, Governance and Ethical Finance Conference, Edinburgh, 2019
  • Session Chair, Financial Management Association (FMA) European Conference, Kristiansand, Norway, 2018
  • Scientific Committee, Ethical Finance and Governance in Emerging Market Conference (featuring Belt and Road Initiative), Edinburgh, 2018
  • Keynote Speaker, Ethical Finance and Governance in Emerging Market Conference (featuring Belt and Road Initiative), Edinburgh, 2018
  • Session Chair, Building Social Business Summit, Inaugurated by Nobel Peace Prize Winner Muhammad Yunus, Salford, 2013
  • Scientific Committee, Financial Management Association (FMA) European Conference, 2012-present
  • Session Chair, British Accounting & Finance Association (BAFA) Northern Area Region Conference, Salford, 2011
  • Scientific Committee, Salford Postgraduate Annual Research Conference, 2011
  • Session Chair, European Accounting Association (EAA) Annual Congress, Rome, Italy, 2011
  • Scientific Committee, British Accounting & Finance Association (BAFA) Northern Area Region Conference, 2011

 

Editorial Activity

  • Topic Editor, Sustainability, 2020-present
  • Editorial Review Board Member, International Journal of Emerging Markets, 2020-present
  • International Advisory Board Member, Asian Journal of Accounting Perspectives, 2014-present
  • Editorial Board Member, European Journal of Islamic Finance, 2014-present
  • Editorial Advisory Board Member, International Journal of Excellence in Islamic Banking and Finance, 2012-present
  • Guest Editor, International Journal of Excellence in Islamic Banking and Finance, Vol. 2, No. 2, 2012

 

External Examining/Validations

  • External Examiner (BA (Hons) Business Accounting & Finance), FAME International College, Kuching, Malaysia & University of Cumbria, 2020-present
  • External Validation Panel, Franchise validation programmes at Vision College, Malaysia, University of Cumbria, 2019
  • External Examiner (MSc Accounting and Finance, MSc Finance and MSc Finance and Investment Banking.), Nottingham Trent University, 2018-present
  • External Examiner (Master of Investment Management), Tunku Abdul Rahman University College, Malaysia, 2018-present
  • External Examiner (BA (Hons) Accounting & Finance), Majan College, Muscat, Oman & University of Bedfordshire, 2015-2019
  • External Examiner (BA Business Programmes), University of Wales Trinity Saint David, 2013-2017

 

Fellowships and Awards

  • Chartered Accountant Fellow (FCA) of Chartered Accountants Australia & New Zealand (CA ANZ), 2021-present
  • Fellow of Higher Education Academy (FHEA), 2011-present
  • First Prize winner in the inaugural Malaysian Institute of Accountants (MIA) and Malaysian Accountancy Research and Education Foundation (MAREF) Outstanding Research Paper Award (MORPA) 2005
  • Overseas Research Students Awards Scheme (ORSAS), UK Government, 2004-2007

 

Invited Speaker

  • Workshop on "Reforming Key Appointment Process to Government-Linked Entities" hosted by BERSIH 2.0 (Clean and Fair Elections) Malaysia. Invited panel speaker and research adviser, 19 January 2021
  • Corporate Address on “Sustainable shared prosperity: financial inclusion and perverse incentives”, Our Sustainable Planet Series, Bank Rakyat, Kuala Lumpur, Malaysia, 18 December 2019
  • "Do Islamic banks improve financial inclusion?", Universiti Sains Islam Malaysia (USIM), Nilai, Malaysia, 14 June 2019
  • "Cooperative economy within Belt and Road Initiative", Business College of Shanxi University (BCSU), Taiyuan, China, 21 May 2019
  • "Islamic finance and China’s Belt and Road Initiative", Nottingham Business School, Nottingham Trent University, 6 March 2019
  • "Inflation, riba and governance", 25th Anniversary Celebration, Ansar Finance Group, Manchester, 16 March 2019
  • "Financing issues in the Belt & Road Initiative", Research Centre for Sustainable Hong Kong (SusHK), City University of Hong Kong, 6 November 2018
  • "Islamic finance/investment: rent-seeking, risk-sharing and One Belt One Road", Treasury Markets Association (TMA), Hong Kong Monetary Authority (HKMA), 20 July 2017
  • "Islamic finance: theory and practice", Department of Economics, University of Bradford, 22 February 2017
  • "Opportunities and challenges for Islamic finance: a global perspective", Rizvi Institute of Management Studies & Research, Mumbai, India, 12 February 2016
  • "Matching syllabus with the future demands of international Islamic finance", UK Trade & Investment (UKTI) Islamic Finance Trade & Investment Forum, Old Trafford, Manchester, 29 April 2016
  • "Islamic corporate financing", International Centre for Management and Governance Research (ICMGR), The Business School, Edinburgh Napier University, 2 November 2016
  • "Islamic finance: theory and practice", Yunnan University of Finance & Economics, Kunming, China, 21 December 2016
  • "Brexit and the EU: Challenges", Sentral College, Penang, Malaysia, 3 September 2016
  • "Construction of maqasid al-Shariah based index of socio-economic development: principles and issues", Islamic Development Bank (IDB) and Islamic Research & Training Institute (IRTI) Workshop on Developing a Framework for Maqasid al-Shariah Based Index of Socio-Economic Development, Jeddah, Kingdom of Saudi Arabia, 30 April - 1 May 2014
  • "Islamic finance education: global round-table discourse", Malaysian Economic Transformation Programme Meeting, Bank Negara Malaysia, Kuala Lumpur, Malaysia, 21-22 August 2014
  • "Distinguishing between Islamic and conventional banks using financial ratios: the case of the Middle Eastern banks", School of Accounting & Finance, University of Dundee, 25 May 2011
  • "Malaysian companies’ capital structure: some evidence from the 1997 financial crisis", National Accountants Conference, Putra World Trade Centre, Kuala Lumpur, Malaysia, 23 November 2005

 

Media Activity

  • "Average GLC CEO Pay Is 300x Employee Minimum Wage, Creates Incompetency, Says Study", The Rakyat Post, 18 June 2021
  • "Lessons from UK’s All-Party Parliamentary Group for Islamic Finance", The Malaysian Reserve, 11 March 2019
  • "CAP: More transparency needed on salaries of GLE directors", New Straits Times, 17 October 2019
  • "Ethical finance event puts Belt and Road Initiative in the spotlight", The Institute of Chartered Accountants in England and Wales (ICAEW) Press Release 2018
  • "Academics moot making GLC execs’ pay public by law", Malay Mail, 31 October 2018
  • "BRI financing concern raised at UK’s Islamic finance conferences", The Malaysian Reserve, 9 July 2018
  • "Reveal salaries of GLC directors, urges academic", FMT News, 31 October 2018
  • "Lord Sheikh represents APPGIF at Edinburgh forum", APPGIF Blog, 26 September 2018
  • "Perspectives on ethical finance and investment", The Institute of Chartered Accountants in England and Wales (ICAEW) Press Release 2017
  • "Salford supports global ethical finance conference", Salford University News, 29 August 2017
  • "Accountancy dream of woman who fled war", Manchester Evening News, 11 December 2017
  • "Budget 2017: Reaction", Manchester Evening News and Salford University News, 22 November 2017
  • "Financing the Chinese Belt and Road Initiative", Scottish Business News Network, 24 August 2017
  • Radio interview on "The importance of Islamic nation economies to the UK", Share Radio Morning Money, London, 3 August 2016
  • "Salford lecturer speaks at the global round table discourse on Islamic finance education", Salford University News, 22 September 2014

 

Membership of Professional Body

  • Chartered Accountant Fellow (FCA), Chartered Accountants Australia & New Zealand (CA ANZ), 2021-present
  • Certified Financial Planner (CFP), CFP Board of Standards, Inc., USA, 2003-present
  • Associate Chartered Accountant (ACA), Chartered Accountants Australia & New Zealand (CA ANZ), 2002-2021

 

Public/Community Engagement

  • Chair, Ethical Finance & Community Development Forum, Edinburgh, 8 September 2018
  • Invited panel speaker, Perspectives on Ethical Finance and Investment, Edinburgh, 19 May 2017

 

Research Degree External Examining

  • External Examiner (DBA), Heriot-Watt University, 2021
  • External Examiner (PhD), Quaid-i-Azam University, Pakistan, 2018
  • External Examiner (DBA), Nottingham Trent University, 2016
  • External Examiner (PhD), Leeds Metropolitan University, 2014

 

Reviewing

  • Journal of International Financial Markets, Institutions & Money
  • Journal of Business Ethics
  • Routledge Law
  • International Journal of Emerging Markets
  • Economics Letters
  • Pertanika Journals
  • Applied Economics
  • Bloomsbury Publishing
  • Gadjah Mada International Journal of Business
  • Journal of Accounting Perspectives
  • Journal of Accounting in Emerging Economies
  • International Journal of Excellence in Islamic Banking and Finance
  • Pearson Education
  • Managerial Auditing Journal

 

Visiting Positions

  • Visiting Academic Exchange, Business College of Shanxi University (BCSU), Taiyuan, China, 2019
  • Visiting Scholar in Islamic Economics and Finance, Al-Maktoum College of Higher Education, Dundee, 2013-present
  • Visiting Lecturer (LLM Programme), University of Bedfordshire, 2011

 

Filter by

Date


26 results

Cryptocurrency and Uncertainty

Other
Minhat, M., Abdullah, M., Dzolkarnaini, N., & Sapiei, N. (2022)
Cryptocurrency and Uncertainty. [https://www.at-mia.my/2022/01/26/cryptocurrency-and-uncertainty/]

The Integrity of Islamic Finance

Book Chapter
Minhat, M., Dzolkarnaini, N., & Abdullah, M. (2021)
The Integrity of Islamic Finance. In M. Minhat, & N. Dzolkarnaini (Eds.), Ethical Discourse in Finance - Interdisciplinary and Diverse Perspectives (103-123). Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7_6
This chapter provides a critical account of popularly used Islamic financial instruments and discusses the gap between theory and practice in Islamic financial industry. The c...

Regulating Islamic Finance in the UK: Issues and Possible Solutions

Book Chapter
Minhat, M., & Dzolkarnaini, N. (2021)
Regulating Islamic Finance in the UK: Issues and Possible Solutions. In M. Minhat, & N. Dzolkarnaini (Eds.), Ethical Discourse in Finance - Interdisciplinary and Diverse Perspectives (171-200). Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7_9
This chapter reveals critical issues and risks in relation to the regulatory strategies for Islamic financial market in the UK. It is argued that improper regulation would exp...

Ethical Discourse in Finance: Interdisciplinary and Diverse Perspectives

Book
Minhat, M., & Dzolkarnaini, N. (Eds.)
(2021). Ethical Discourse in Finance: Interdisciplinary and Diverse Perspectives. Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7
Ethical discourse is commonly not a priority in a conventional finance syllabus. Moral sentiments often take a back seat to market sentiments, even in shaping the direction of...

Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality

Other
Minhat, M., & Dzolkarnaini, N. (2020)
Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality. London
Ownership and control of business corporations by state or government is common in Asian economies. Whether this is a better governance practice than the market-based model of...

COVID-19 implications: Islamic finance prescription?

Other
Minhat, M., & Dzolkarnaini, N. (2020)
COVID-19 implications: Islamic finance prescription?. isfire.net

Human rights issues and directors’ pay

Other
Minhat, M., & Dzolkarnaini, N. (2020)
Human rights issues and directors’ pay
The risk of human rights violations has drastically increased during the coronavirus outbreak because some irresponsible, incompetent governments fall short of what it takes t...

Risky asset management for shared prosperity vision

Other
Minhat, M., & Dzolkarnaini, N. (2020)
Risky asset management for shared prosperity vision
During a recent talk at the biggest Islamic cooperative bank in Malaysia, Bank Rakyat, DR MARIZAH MINHAT and DR NAZAM DZOLKARNAINI elaborated on the role of Islamic finance in...

How Much Is Hidden? Pay for Elites in Government-Linked Entities

Book
Minhat, M., & Dzolkarnaini, N. (2019)
How Much Is Hidden? Pay for Elites in Government-Linked Entities. Penang, Malaysia: Consumers Association of Penang
The presence of government-linked entities as influential players in the financial markets and economy sets Malaysia’s business ecosystem apart from competitive market-based s...

Regulatory Arbitrage in Relation to International Human Rights

Journal Article
Minhat, M., Abdullah, M., & Dzolkarnaini, N. (2019)
Regulatory Arbitrage in Relation to International Human Rights. Journal of Human Rights, 18(5), 579-596. https://doi.org/10.1080/14754835.2019.1647097
The adoption of the United Nations (UN) Charter in 1945 marked the legalization of international human rights. Despite the legalized status of human rights, their violation by...

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