Nafis Alam


Accepting PhD Students

PhD projects

1. Risk associated with Digital Assets

2. FinTech Regulation

3. Social and Responsible Investment


Research activity per year

Personal profile


Dr Nafis Alam is a Professor and Head of the School of Business at Monash University Malaysia. Nafis has been working in higher education for more than 20 years. Apart from Monash, he has worked at the Henley Business School Malaysia, at the University of Reading Malaysia, Nottingham University Business School at the University of Nottingham Malaysia and, most recently, at Asia Pacific University, where he was the Head of the School of Accounting and Finance. He was a research affiliate of the Cambridge Centre for Alternative Finance (CCAF) at Judge Business School, University of Cambridge, working on multiple global FinTech reports. He has also held visiting positions at universities in the UK and Indonesia.

Nafis is a well-regarded scholar and commentator on FinTech, alternative finance and financial regulation. He has published over 50 peer-reviewed journals in leading journals, including The World Economy, Emerging Markets Review, Pacific-Basin Finance Journal, Journal of Behavioral and Experimental Finance, Journal of Asset Management, Journal of Banking Regulation, RIBAF and Journal of Financial Services Marketing. He has also co-authored nine books and numerous book chapters on Fintech and Islamic Finance and contributed to a number of global reports. As a frequent traveller, he has given lectures on finance and Islamic finance throughout the world, including at Harvard Law School, the University of Cambridge, Durham University, the Seoul International Finance Conference, and the World Islamic Economic Forum.

He has an active profile in the media. He is an avid writer and contributes regularly to mainstream newspapers, economic forums, and professional outlets. He was featured as a Professor of the Month by the Financial Times in 2014. He received an award for Upcoming Personality in Islamic Finance in 2016, presented by the Global Islamic Finance Awards and hosted by the Indonesian government. Nafis works very closely with the financial services industry in Southeast Asia. He is among the world's top 50 influencers in FinTech and the top 5 amongst Regtech influencers.

Nafis is a passionate educator who combines cognitive and practical aspects of learning in his classroom, which helps students develop deep learning of the concepts. Nafis has been instrumental in developing market-driven programmes in his previous roles. Nafis is a Senior Fellow of the Higher Education Academy (SFHEA), UK and holds a Postgraduate Certificate in Higher Education (PGCHE) from the University of Nottingham. His contribution to education has been recognized by the multiple awards and commendations granted by the Universities he worked at. He received a Vice-Chancellor Medal and Knowledge Exchange and Impact Award at the University of Nottingham. He also received a Vice Chancellor’s Award for Teaching and Research Excellence in 2008-10 at Monash University.

Nafis holds a PhD in Banking and Finance from Monash, an MBA  from Multimedia University and a bachelor's degree in Economics from Patna University.

Research interests

  • Fintech and Digital currency
  • Banking and Financial Regulation
  • Corporate Finance
  • Behavioural Finance
  • AI Ethics and AI Bias in Financial Services
  • Islamic Banking and Finance

Supervision interests


Financial Regulation

Technology Adoption in Fianncial Services

Expertise related to UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

  • SDG 8 - Decent Work and Economic Growth
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 10 - Reduced Inequalities
  • SDG 11 - Sustainable Cities and Communities
  • SDG 12 - Responsible Consumption and Production
  • SDG 16 - Peace, Justice and Strong Institutions

Education/Academic qualification

Banking and Finance, Doctor of Philosophy, Islamic Finance, MONASH UNIVERSITY

Award Date: 1 Nov 2010

Research area keywords

  • FinTech & Regtech
  • Digital Finance
  • Investment Decisions
  • Banking and finance law
  • AI and data science
  • Islamic finance and banking
  • Data Science and Analytics

Collaborations and top research areas from the last five years

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or