Staff Directory


Muhammad Irwan Bin Ariffin

Academic Qualification

  • Ph.D in Economics - Doctor of Philosophy, Carleton University
  • Master of Arts (Economics) - Masters Degree, Carleton University, Ottawa
  • Islamic Revealed Knowledge - Bachelor Degree, International Islamic University Malaysia
  • Finance - Bachelor Degree, International Islamic University Malaysia

Muhammad Irwan Bin Ariffin (Assoc. Prof. Dr.)

Associate Professor
IIUM Gombak Campus

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES

Other's position:

Deputy Director, Academic Management and Admissions Division


irwan@iium.edu.my
4042


Expert Profile


Muhammad Irwan Ariffin is an associate professor at the Department of Economics, Kulliyyah of Economics and Management Sciences, IIUM. He was conferred the double-degree Bachelor of Economics (Honours) and Bachelor of Islamic Revealed Knowledge and Heritage (Honours) by IIUM in 2004. He received the Best Student in Economics (Academic) Award during his convocation. Upon graduation, he joined the Department of Economics, IIUM, as an Assistant Lecturer. He went to pursue his M.A. and Ph.D in Economics at Carleton University, Canada, from 2006 to 2014 under the financial sponsorship of the Ministry of Education of the Government of Malaysia and IIUM. During this time, he was a teaching assistant and received several awards from Carleton University due to his excellent academic performance. In 2012, the Royal Commonwealth Society of Ottawa awarded him the Arnold Smith Commonwealth Scholarship for being the best student from a Commonwealth country. Since February 2015, he has been teaching at the Department of Economics and a Research Fellow at the Centre for Islamic Economics, IIUM.


Professional Membership


  • 2017 - 2017: Member of Profesional Body / Association: (Affiliate Researcher), CENTRIS IIUM


Teaching Responsibilities


BUSINESS ECONOMICS 2022/2023 2021/2022 2020/2021
BUSINESS MATHEMATICS 2019/2020 2017/2018 2008/2009
ECONOMICS FOR MANAGERS 2022/2023 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015
ECONOMICS FOR SUSTAINABLE BUSINESS 2023/2024 2022/2023
ECONOMICS OF ZAKAT 2023/2024 2022/2023
FIQH FOR ECONOMIST II 2019/2020 2018/2019
FIQH FOR ECONOMISTS I 2018/2019 2017/2018
FOUNDATION OF ISLAMIC ECONOMICS 2023/2024 2022/2023 2021/2022 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015
INTERMEDIATE MACROECONOMICS I 2020/2021 2015/2016
INTERMEDIATE MICROECONOMICS II 2023/2024
MACROECONOMIC THEORY 2020/2021 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015
MALAYSIAN ECONOMY 2022/2023 2021/2022
MICROECONOMICS 2023/2024 2021/2022 2020/2021 2019/2020
MONEY AND BANKING 2008/2009
OBJECTIVES OF SHARI'AH 2022/2023 2017/2018 2016/2017
PRINCIPLES OF MACROECONOMICS 2008/2009
PRINCIPLES OF MICROECONOMICS 2021/2022 2020/2021
PUBLIC FINANCE 2021/2022 2020/2021
STATISTICAL METHODS 2014/2015 2008/2009
USRAH IN ACTION 1 2023/2024
USRAH IN ACTION 2 2023/2024


Supervision


An Analysis Of Debt Behavior Among The Young Muslims In Malaysia: The Bridging Role Of Islamic Banking And Finance.
Ph.D Completed 2023 Main Supervisor
The Effect Of The Digital Divide And Technological Embeddedness On Computer Ownership - An Empirical Study Based On Households In Kuala Lumpur.
Ph.D Completed 2023 Co-supervisor
The Nexus Between Income Inequality, Environmental Degradation And Health Outcome Among Asean-6 Countries.
Ph.D Completed 2023 Co-supervisor
The Effect Of Trade Logistics On Exports, Margin Of Trade And Vertical Specialisation: The Case Of Thailand.
Ph.D Completed 2022 Supervisor Supervisory Committee
Essays On Economics Outcomes Of Maritime Piracy For The Fishing Industry And Fishermen In Somalia.
Ph.D Completed 2022 Supervisor Supervisory Committee
Determinants Of Environmental Quality, Economic Growth And Poverty In Sub-Saharan Africa Countries.
Ph.D Completed 2022 Supervisor Supervisory Committee
Waqf Management And Fund Raising: A Study On Waqf-Based Pasantrens In Indonesia .
Ph.D Completed 2022 Co-supervisor
Effect Of Fertility Rate On Female Labor Participation And Economic Growth In Selected Asian Countries.
Ph.D Completed 2022 Co-supervisor
Assessing Demand, Efficiency And Impact Of Tourism Industry In Malaysia.
Ph.D Completed 2020 Member Supervisory Committee
The Role Of Financial Development And Monetary Policy On Sector-Wise Of Economic Growth In Bangladesh.
Ph.D Completed 2019 Main Supervisor
The Role Of Zakat In Poverty Alleviation And Income Inequality Reduction: A Case Study Of West Java, Indonesia .
Ph.D Completed 2019 Co-supervisor
An Analysis Of The Resilience Of Islamic Banking In Indonesia.
Ph.D Completed 2018 Co-supervisor
Examining The Sources Of Inflation In Saudi Arabia.
Ph.D Completed 2017 Co-supervisor
Sustainable Banking For Global Development Agenda: The Context Of Sdgs..
Ph.D In Progress Supervisor Supervisory Committee
Insitutional Quality, Foreign Direct Investment, Trade Openness, And Economic Growth In The Arab Maghreb Union.
Ph.D In Progress Main Supervisor
The Theoretical And Philosophical Foundations Of Islamic Microeconomics.
Ph.D In Progress Co-supervisor


Research Projects


Completed
2021 - 2023 Partnership for SDG Finance - Undertaking Development Finance Assessment and SDG Budgeting & Costing
2019 - Review of Influential Works in Islamic Economics
2016 - 2019 Debt and Indebtness in the Hadith Literature: The Severity, Rights and Responsibilities
2015 - 2019 Acquirement of Consumer Perception on the Ethicality and Islamicness of Islamic Finance Products and Services
2015 - 2019 Principle of Economics in Sahih Al Bukhari
2013 - 2022 Socio Economic Impact of Shari'ah Compliant Hospitality and Services on Malaysia and Muslim Communities
On-Going
2023 - Present Public Finance from Islamic Perspective
2023 - Present Contemporary Corporate Practices from the Perspective of Islamic Ethics
2022 - Present Maqasid Shariah for Economists
2019 - Present DEVELOPING A CIRCULAR ECONOMIC MODEL BASED MAQASID AL-SHARIAH FRAMEWORK FOR ENVIRONMENTAL SUSTAINABILITY


Award & Recognition


27 Jul, 2023 Active Researcher Award - Kulliyyah of Economics and Management Sciences KCDIO
27 Jul, 2023 Merit Award for Scholarship of Integration and Islamisation - Kulliyyah of Economics and Management Sciences KCDIO
21 Jun, 2022 Most Promising Academic Award - Kulliyyah of Economics and Management Sciences KCDIO
21 Jun, 2022 Murabbi Award - Kulliyyah of Economics and Management Sciences KCDIO


Publications


Article

2023 Islam, western materialism and Malaysian muslims’ complex debt behavior: an analysis of the religious experts’ viewpoints. International Journal of Academic Research in Business and Social Sciences, 13 (2) pp. 24-43
2023 The impact of trade facilitation on automotive export performance of Thailand. International Journal of Economic Policy in Emerging Economies, 17 (4) pp. 505-523
2022 Economic concepts and ideas of Al-Bukhārī: an analysis of the book of sales in Ṣaḥīḥ Al-Bukhārī. The Journal of Muamalat and Islamic Finance Research, 19 (1) pp. 1-20
2022 Economic growth, international trade, and environmental degradation in Sub-Saharan Africa. Journal of Economics and Development, 24 (4) pp. 293-308
2022 Economic impacts of illegal, unregulated and unreported fishing activities on artisanal fishing in Somalia. Journal of Somali Studies : Research on Somalia and the Greater Horn of African Countries, 9 (1) pp. 33-49
2022 The impact of zakat in poverty alleviation and income inequality reduction from the perspective of gender in West Java, Indonesia. International Journal of Islamic and Middle Eastern Finance and Management, 15 (5) pp. 924-942
2021 Covid-19 pandemic and addressing digital divide in Malaysia. Journal of Information Systems and Digital Technologies, 3 (2) pp. 29-49
2021 Economic impact of maritime piracy on Artisanal fishermen in Somalia. Empirical Economic Letters, 20 (6) pp. 1107-1118
2021 Fertility and female labor force participation in Asian countries; panel ARDL approach. Jurnal Ekonomi & Studi Pembangunan, 22 (2) pp. 272-288
2021 Transmission channels and indirect effects in the relationship between institutions and environmental degradation in Sub-Saharan Africa. International Journal of Green Economics, 15 (4) pp. 335-358
2020 From Islamic input in Medical Program to Islamic medical practice: the journey from Kulliyyah of Medicine to IIUM Medical Centre. IIUM Medical Journal Malaysia, 19 (1) pp. 121-124
2020 The paradox between shoe diagram and sound mind. Islamic Renaissance Front (IRF), () pp.
2019 China-U.S. trade war a chance for Muslim countries to benefit. New Straits Times, () pp. 18
2018 Does domestic credit of the banking sector promote economic growth? Evidence from Bangladesh. International Journal of Islamic Business, 3 (1) pp. 33-55
2018 IIUM a different type of university. The Star, () pp. 1-2
2018 Malaysia's tourism demand: A gravity model approach=Permintaan pelancongan di Malaysia: Pendekatan model graviti. Journal of Business and Social Development, 6 (1) pp. 39-50
2018 Malaysia’s tourism demand: A gravity model approach= Permintaan pelancongan di malaysia: pendekatan model graviti. Journal of Business and Social Development, 6 (1) pp. 39-50
2018 More significant role for Jakim. The Star Online, () pp.
2018 Waqf fundraising management: a proposal for a sustainable finance of the Waqf institutions. Journal of Islamic Monetary Economics and Finance, 3 (Special Issue) pp. 153-178
2018 Zakat for poverty alleviation and income inequality reduction: West Java, Indonesia. Journal of Islamic Monetary Economics and Finance, 4 (1) pp. 85-100
2017 Rethinking Islamic economics and finance: paving the way forward. International Journal of Economics, Management and Accounting, 25 (2) pp. 153-171
2017 Shariah minds in Islamic finance: an inside story of a Shariah scholar, by Mohd Daud Bakar, Amanie Media, 2016, xl + 322 pp., ISBN 978-967-13789-0-8. International Journal of Economics, Management and Accounting, 25 (1) pp. 141-145
2017 The comparison between consumption and production-based zakat distribution programs for poverty alleviation and income inequality reduction. International Journal of Zakat, 2 (2) pp. 11-28
2016 Early Islam and the birth of capitalism by Benedikt Koehler, Lexington Books, 2014, vi + 231 pp., ISBN 978-0-7391-9745-5. International Journal of Economics, Management and Accounting, 24 (1) pp. 129-133
2016 Heaven’s bankers: inside the hidden world of Islamic finance, by Harris Irfan, The Overlook Press, 2015, xx + 347 pp., ISBN 978-1-4683-1047-4. Amity Journal of Economics, 1 (2) pp. 110-114
Conference or Workshop Item

2023 Exploring the nexus: materialism value scales, TPB constructs, and debt intentions among young Malaysian Muslims. In: Terengganu International Business and Economics Conference 2023 (TiBÉC VIII),
2023 Teaching Intermediate Macroeconomics with Islamic inputs: the IIUM Experience. In: Workshop on Teaching Macroeconomics from Islamic Perspective,
2021 Western materialism and Islamic religiosity: a genuine or false compatibility?. In: Terengganu International Business and Economics Conference 2021 (TiBÉC VII),
2020 Mercy to the worlds. In: IIUM Library Ibadah Camp 2020,
2020 Respect. In: IIUM Library Ibadah Camp 2020,
2019 Maqasid al-Shariah and humanizing education. In: National Education Philosophy - Department of Accounting Staff Development Program 1/2019,
2019 Maqasid Al-Shariah and sustainable development. In: Islamic Economics Training Camp 2019,
2019 Teaching of heritage in Islamic economics program at International Islamic University Malaysia. In: Workshop on Islamic Economics Curriculum and Related Disciplines,
2018 Efficiency evaluation: the case of tourism industry in Malaysia. In: International Business and Economic Conference Kedah (IBecK2018),
2018 Indebtedness among young Muslims in Malaysia: review of the extant literature. In: 3rd International Social Science Conference, Islamic Thought and Understanding (ISSCITU) 2018,
2018 Maqasid Al-shariah dan strategi penjagaan pesakit. In: Islamic Jurisprudence in Medicine Seminar,
2018 Teaching macroeconomics from Islamic perspective. In: Workshop on ‘Teaching of Islamic Economics" International Islamic University Malaysia,
2017 Evolution of rural communities through homestay programs: A case study of Banghuris Homestay. In: 4th International Conference On Rural Development And Entrepreneurship (ICORE2017),
2017 Malaysia’s tourism demand: gravity model approach. In: Global Tourism Conference (GTC) 2017,
2017 Maqasid Al-Shariah dan aplikasinya dalam perubatan. In: Islamic Medical Association of Malaysia (IMAM) 19th Annual Scientific Conference 2017,
2017 Teaching Islamic heritage at Department of Economics, Kulliyyah of Economics and Management Sciences, IIUM. In: Workshop on Islamic Economics, Management and Accounting Curriculum (WIEMAC) 2017,
2017 The impact of currency fluctuations on palm oil exports. In: MPOB International Palm Oil Congress (PIPOC) 2017: Global Economics and Marketing (GEM) Conference,
2017 The role of zakat for poverty alleviation and income inequality reduction. In: 3rd International Islamic Monetary Economics and Finance Conference (IIMEFC),
2017 Waqf fundraising management: a proposal for a sustainable finance of the Waqf institutions. In: 3rd International Islamic Monetary Economics and Finance (IIMEFC) 2017,
2016 Individual decision making: preference and choice. In: International Workshop on Fundamental Concepts of Islamic Economics: Concept of Consumption in Islamic Perspective,
2015 Teaching macroeconomics from Islamic perspective: The case of IIUM postgraduate students. In: 4th Workshop on Islamic Economics Curriculum: Teaching of Macroeconomics from the Islamic Perspectives in Southeast Asian Universities,
2005 Towards the expediency and leniency of Islamic finance through Islamic micro credit financing. In: Seminar Ekonomi dan Kewangan Islam (SEKI'05),
Book

2018 Islamic economics: principles & analysis. International Shari’ah Research Academy for Islamic Finance (ISRA), ISBN: 978-967-16568-2-2
Book Section

2024 Fundamentals of producer and consumer behaviours in Islamic microeconomics. In: Centre for Islamic Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia & International Institute of Islamic Thought, ISBN: 9789672621904, pp. 71-93
2021 Sejahtera heart and spirituality: lessons from selected hadiths. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-2621-92-8, pp. 68-81
2021 Sejahtera heart and spirituality: lessons from selected hadiths. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-2621-92-8, pp. 68-81
2021 Sejahtera leadership: an Islamic economics reflection based on Verse 165 of Surah Al-An'am. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-2621-94-2, pp. 10-21
2021 Sejahtera leadership: an Islamic economics reflection based on Verse 165 of Surah Al-An'am. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-2621-94-2, pp. 10-21
2021 The Importance of Incentives to Sustain Voluntary Projects. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-26219-1-1, pp. 119-129
2021 The Importance of Incentives to Sustain Voluntary Projects. In: Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, ISBN: 978-967-26219-1-1, pp. 119-129
2018 Indebtedness among young Muslims in Malaysia: review of the extant literature. In: IIUM Press, International Islamic University Malaysia, ISBN: 978-967-491-008-2, pp. 337-357
2009 Ke arah pembangunan ekonomi seimbang dan komprehensif: falsafah dan cabaran. In: Yayasan Ilmuwan, ISBN: 9789834437213, pp. 203-231
2007 Towards the realization of divine objectives and moral principles in Islamic finance. In: Universiti Putra Malaysia Press, ISBN: 978-983-3455-82-9, pp. 21-42