Lecturer in Finance, Assistant Director ICMGR
Minhat, M., Abdullah, M., & Dzolkarnaini, N. (in press). Regulatory Arbitrage in Relation to International Human Rights. Journal of Human Rights, 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...
Minhat, M., & Dzolkarnaina, N. (2018). Islamic finance: risk sharing as sustainable risk management. Islamic Finance News, 15(8),
No abstract available.
Minhat, M., & Dzolkarnaini, N. (2017). Corporate governance in the Islamic finance industry. Islamic Finance News, 14(49),
31 October 2018
The news was reported in the Malay Mail newspaper by Opalyn Mok.
26 September 2018
This news was published on the APPGIF's website.
24 August 2017
10 April 2019
11 April 2019
The Edinburgh-based International Centre for Management and Governance Research (ICMGR) is hosting an international conference on ‘Management, Governance and Ethical Finance’ ...
06 November 2018
06 November 2018
As the world has learned that an excessive reliance on debt financing can fuel financial crisis, this talk calls for a rethinking of conventional debt financing and offers an ...
05 October 2018
05 October 2018
As a speaker for a session on Governance at the conference, Dr Marizah Minhat had delivered a talk entitled "Financing Issues in the Belt and Road Initiative in Muslim-Majorit...
Al-Own, B., Minhat, M., & Gao, S. (2018). Stock Options and Credit Default Swaps in Risk Management. Journal of International Financial Markets, Institutions and Money, 53, 200-214. https://doi.org/10.1016/j.intfin.2017.09.021
The use of stock options and credit default swaps (CDS) in banks is not uncommon. Stock options can induce risk-taking incentives, while CDS can be used to hedge against credi...
Minhat, M., & Dzolkarnaini, N. (2017). Which firms use Islamic financing?. Economics Letters, 150, 15-17. https://doi.org/10.1016/j.econlet.2016.10.036
This study explores to what extent the Islamic financing instruments are used by non-financial firms and whether profitability influences such financing choice. Based on a pan...
Minhat, M., & Dzolkarnaini, N. (2016). Islamic corporate financing: does it promote profit and loss sharing?: Islamic corporate financing: does it promote profit and loss sharing?. Business Ethics: A European Review, 25(4), (482-497). doi:10.1111/beer.12120. ISSN 0962-8770
Islamic financing instruments can be categorised into profit and loss/risk sharing and non-participatory instruments. Although profit and loss sharing instruments such as mush...
Minhat, M., & Abdullah, M. (2016). Bankers’ stock options, risk-taking and the financial crisis. Journal of Financial Stability, 22, (121-128). doi:10.1016/j.jfs.2016.01.008. ISSN 1572-3089
This study investigates the relationship between the use of stock options and bank risk in the context of the 2007-2008 financial crisis for banks that are authorised to accep...
Minhat, M., & Dzolkarnaini, N. (2016). Is executive compensation a substitute governance mechanism to debt financing and leasing?. Applied Economics, 48(14), (1293-1302). doi:10.1080/00036846.2015.1100247. ISSN 0003-6846
This study examines whether and how CEO equity incentives relate to financing choices (i.e., debt and leases). Using manually collected CEO compensation and lease data for a s...
Minhat, M., & Dzolkarnaini, N. (2015). Creating big interest in non-interest Islamic finance. Islamic Finance Review, 5(2), 40-43
At the first glance, the interest in Islamic finance seems growing at an impressive scale. The statistics reported in the media and academic literature are encouraging. Howeve...
Kabir, R., & Minhat, M. (2014). Compensation consultants and CEO pay. Research in International Business and Finance, 32, (172-189). doi:10.1016/j.ribaf.2014.05.003. ISSN 0275-5319
The study examines the practice of employing multiple compensation consultants. Examining data of a sample of UK companies over the period 2003–2006 we find that CEOs receive ...
Minhat, M., & Abdullah, M. (2014). Executive compensation in government-linked companies: evidence from Malaysia. Applied Economics, 46(16), 1861-1872. https://doi.org/10.1080/00036846.2014.887192
The aim of this study was to explore the characteristics of executive pay, equity ownership incentives and pay–performance relationship in government-controlled firms. Data we...
Abdullah, M., & Minhat, M. (2013). Measuring compliance with IFRS mandatory disclosure requirements: some evidence from Malaysia. Australian journal of basic and applied sciences / International network for scientific information ; INSInet, 7, 163-169
This study examines 225 Malaysian public listed firms’ compliance with IFRS mandatory disclosure requirements during 2008. Two unweighted methods of measuring compliance are u...
Abdullah, M., Sulaiman, N. A., Sapiei, N. S., & Minhat, M. (2013). Some observations on mandatory disclosure practices of Malaysian public Listed companies. Middle East journal of scientific research, 17, 1228-1236. https://doi.org/10.5829/idosi.mejsr.2013.17.09.12278
This study investigates the mandatory disclosure practices evident in the annual reports of Malaysian public listed companies. Our findings show that none of the examined comp...
Abdullah, M., & Minhat, M. (2013). Corporate disclosure quality in Malaysia. International Journal of Education and Research, 1,
The objective of this study is to examine the quality of corporate disclosure in the annual reports of
Malaysian public listed companies. It reviewed the reports published by ...
Dzolkarnaini, N., & Minhat, M. (2012). Islamic financial instruments in corporate firms’ balance sheet: a research note. International Journal of Excellence in Islamic Banking and Finance, 2,
Purpose: This paper examines the use of Islamic Financial Instruments (IFIs) in the corporate firms’ balance sheet.
Methodology/Approach: The overall research approach involve...
The assistant director of the International Centre for Management & Governance Research (ICMGR), Dr Marizah Minhat, and Associate Professor Nazam Dzolkarnaini are undertaking a research collaboration ...
31 October 2018
Lord Sheikh, a co-chair of the UK's All-Party Parliamentary Group on Islamic Finance (APPGIF), visited Edinburgh on Saturday 8 September 2018 to participate in the ‘Ethical Finance & Community Develop...
25 September 2018
A research project was launched to explore financing issues in relation to BRI. In collaboration with international researchers, this research is led by Dr Marizah Minhat, the Assistant Director of th...
23 August 2017
Dr Marizah Minhat and Dr Nazam Dzolkarnaini were invited by the Treasury Markets Association (TMA) to deliver a talk to TMA members and market participants on “Islamic Finance/Investment: Rent-Seeking...
19 July 2017
IMS member, Dr Marizah Minhat, Assistant Director of ICMGR, recently led an event on ethical finance and investment; here she reflects on its findings.
18 May 2017
The International Centre for Management and Governance Research (ICMGR) aims to bring together academic and professional knowledge on international management and governance.
23 November 2016
Craiglockhart Campus, Edinburgh Napier University.
9 April 2019 - 10 April 2019
Research Centre for Sustainable Hong Kong (CSHK), City University of Hong Kong.
6 November 2018
The Confucius Institute for Scotland, The University of Edinburgh
4 October 2018
The Business School, Edinburgh Napier University.
7 September 2018
3 October 2017 - 4 October 2017
Craiglockhart Campus, Edinburgh Napier University
18 May 2017