IIUM Repository

Dr. Syed Marwan Mujahid Syed Azman

Assistant Professor

Institute of Islamic Banking and Finance (IIiBF)

Social Finance, Social Impact Bonds, SRI Sukuk, Social Impact Evaluation

Syed Marwan currently works at the International Islamic University Malaysia, Institute of Islamic Banking and Finance (IIiBF) as an Assistant Professor. Marwan does research in Socially Responsible Investment (SRI) Sukuk, Social Impact Bonds (SIB), Social Finance, Social Impact measurement, Islamic Economics, and Islamic Financial Systems. His most recent publication is "Alternative Financing Modes for Higher Learning Institutions in Malaysia: Socially Responsible Investment Ṣukūk, Social Impact Bonds, and Public-Private Partnerships", published by International Shari’ah Research Academy (ISRA), Malaysia

ACADEMIC BACKGROUND 1. PhD, International Islamic University Malaysia (IIUM), Institute of Islamic Banking and Finance (IIiBF). (2014-2018) •Research area in Social Impact Bonds, Islamic Social Finance, social impact, and SRI sukuk. •Thesis entitled: “An Exploratory Study on Shari’ah-compliant Social Impact Bonds in Malaysia: Stakeholders’ Perspective” 2. Chartered Islamic Finance Professional (CIFP), International Centre for Education in Islamic Finance (INCEIF). (2011-2013) •Postgraduate certification, equivalent to Masters, fully accredited by MQA. •10 A’s (CGPA: 3.714). 3. Bachelor of Commerce, The University of Melbourne, Melbourne, Australia. (2009-2011) •Majors in Economics and Finance.

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Latest Additions

  1. Allen, Kelly-Anne and Svendsen, Gert Tinggaard and Syed Azman, Syed Marwan Mujahid and Arslan, Gökmen (2021) Trust and belonging in individual and organizational relationships. In: Strategic corporate communication in the digital age. Emerald Publishing Limited, pp. 19-31. ISBN 978-1-80071-265-2
  2. Syed Azman, Syed Marwan Mujahid and Nordin, Ikmal and Ng, Ming Yang (2020) Traversing the tightrope: the socio-economic impact of covid-19 & reform of social protection policies in Malaysia. Friedrich-Ebert-Stiftung Publication. pp. 1-45.
  3. Syed Azman, Syed Marwan Mujahid and Haneef, Mohamed Aslam and Engku Ali, Engku Rabiah Adawiah and Ismail, Suhaiza (2020) Critical success factors of implementing SRI sukuk for economic recovery post-Covid-19 pandemic. In: International Conference on Islamic Social Finance: Pandemic Crisis and Possible Solutions (ISFPCPS 2020), 29th -30th September 2020, Gombak, Kuala Lumpur. (Unpublished)
  4. Syed Azman, Syed Marwan Mujahid and Haneef, Mohamed Aslam and Engku Ali, Engku Rabiah Adawiah and Ismail, Suhaiza (2020) Old wine in a shariah-compliant bottle?: an empirical comparison of SRI sukuk, social impact bonds, and conventional bonds. In: 8th ASEAN Universities International Conference on Islamic Finance (8th AICIF) 2020, 24th-26th November 2020, Bogor, Indonesia. (Unpublished)
  5. Jasir Mohtesham, Mohammed Meeran and Syed Azman, Syed Marwan Mujahid and Hai, Abdul (2021) The potential development of waqf in India post-Covid-19: a SWOT-TOWS analysis. In: Handbook of research on Islamic social finance and economic recovery after a global health crisis. IGI Global, Pennsylvania, United States, pp. 1-27. ISBN 9781799868118 (In Press)
  6. Syed Azman, Syed Marwan Mujahid and Mohd. Zain, Nor Razinah and Engku Ali, Engku Rabiah Adawiah and Haneef, Mohamed Aslam (2021) Funding Covid-19 economic stimulus through Islamic social finance: a proposal for impact-waqf SRI sukuk. In: Handbook of research on Islamic social finance and economic recovery after a global health crisis. IGI Global, Pennsylvania, United States, pp. 1-15. ISBN 9781799868118 (In Press)
  7. Syed Azman, Syed Marwan Mujahid and Haneef, Mohamed Aslam and Engku Ali, Engku Rabiah Adawiah and Ismail, Suhaiza (2019) Critical success factors of implementing shari’ah-compliant social impact bonds in Malaysia: a survey of stakeholders. In: Social Outcomes Conference 2019, 5th-6th September 2019, Oxford, United Kingdom. (Unpublished)
  8. Kassim, Salina and Engku Ali, Engku Rabiah Adawiah and Syed Azman, Syed Marwan Mujahid and Satar, Norizan and Che Haron, Roziha (2019) The potential of sustainable and responsible investment (SRI) sukuk as a funding mechanism for affordable housing in Malaysia. In: Social Outcomes Conference 2019, 5th-6th September 2019, Oxford, United Kingdom. (Unpublished)
  9. Syed Azman, Syed Marwan Mujahid and Haneef, Mohamed Aslam and Engku Ali, Engku Rabiah Adawiah and Ismail, Suhaiza (2019) Achieving the maqasid of Islamic finance through Social Impact Bonds (SIB) and Sustainable and Responsible Investment (SRI) sukuk. In: Proceeding of 7th ASEAN Universities International Conference on Islamic Finance (AICIF) 2019, 3rd -4th December 2019, Indonesia. (Unpublished)
  10. Syed Azman, Syed Marwan Mujahid and Engku Ali, Engku Rabiah Adawiah (2019) Islamic social finance and the imperative for social impact measurement. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic Banking and Finance. pp. 43-68. ISSN 1394-6870
  11. Syed Azman, Syed Marwan Mujahid and Haneef, Mohamed Aslam (2019) Does doing good pay off? Social impact bonds and lessons for Islamic finance to serve the real economy. Islamic Economic Studies, 27 (1). pp. 23-37. ISSN 1319-1616
  12. Engku Ali, Engku Rabiah Adawiah and Kassim, Salina and Syed Jaafar Alhabshi, Syed Musa and Hassan, Rusni and Hasan, Aznan and Syed Azman, Syed Marwan Mujahid (2015) Identifying critical factors towards building a viable sadaqa house model in Malaysia. In: Sadaqah House Seminar, Menara Bank Islam. (Unpublished)
  13. Syed Azman, Syed Marwan Mujahid and Engku Ali, Engku Rabiah Adawiah (2016) The Potential of Innovative Financial Tools: Social Impact Bond (SIB) and Sustainable and Responsible Investment (SRI) sukuk, Towards The Sustainable Growth of The Islamic Finance Industry. European Journal of Islamic Finance, 4 (2016). pp. 1-8. ISSN 2421-2172
  14. Syed Azman, Syed Marwan Mujahid and Engku Ali, Engku Rabiah Adawiah (2016) Sustainable and responsible investment (SRI):trends and prospects. Jurnal Muamalat, 9 (2016). pp. 1-21. ISSN 1985-6156
  15. Hashim, Che Noraini and Syed Azman, Syed Marwan Mujahid and Syed Azman, Sharifah Nur Asmaa’ (2014) Academic freedom and educational responsibility in malaysian higher institutions of learning. IIUM Journal of Educational Studies, 2 (1). pp. 1-11. ISSN 2289-8085
  16. Syed Azman, Syed Marwan Mujahid (2015) Social impact bonds in light of maqasid al-shari‘ah and maslahah. Journal of Islamic Economics, Banking, and Finance (JIEBF), 11 (4). pp. 31-40. ISSN 2374-2666 E-ISSN 2374-2658

Most Viewed Items

Item titleViews
1Identifying critical factors towards building a viable sadaqa house model in Malaysia663
2Academic freedom and educational responsibility in malaysian higher institutions of learning565
3Sustainable and responsible investment (SRI):trends and prospects469
4Does doing good pay off? Social impact bonds and lessons for Islamic finance to serve the real economy451
5The Potential of Innovative Financial Tools: Social Impact Bond (SIB) and Sustainable and Responsible Investment (SRI) sukuk, Towards The Sustainable Growth of The Islamic Finance Industry426
6Social impact bonds in light of maqasid al-shari‘ah and maslahah421
7Islamic social finance and the imperative for social impact measurement318
8Achieving the maqasid of Islamic finance through Social Impact Bonds (SIB) and Sustainable and Responsible Investment (SRI) sukuk126
9The potential of sustainable and responsible investment (SRI) sukuk as a funding mechanism for affordable housing in Malaysia116
10Critical success factors of implementing shari’ah-compliant social impact bonds in Malaysia: a survey of stakeholders108
11Funding Covid-19 economic stimulus through Islamic social finance: a proposal for impact-waqf SRI sukuk98
12Old wine in a shariah-compliant bottle?: an empirical comparison of SRI sukuk, social impact bonds, and conventional bonds79
13The potential development of waqf in India post-Covid-19: a SWOT-TOWS analysis78
14Critical success factors of implementing SRI sukuk for economic recovery post-Covid-19 pandemic72
15Traversing the tightrope: the socio-economic impact of covid-19 & reform of social protection policies in Malaysia68
16Trust and belonging in individual and organizational relationships4