Personal profile
Biography
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
FinTech
Financial Regulation
Technology Adoption in Fianncial Services
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
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 13 Climate Action
-
SDG 16 Peace, Justice and Strong Institutions
Collaborations and top research areas from the last five years
-
Publication for Malaysia State of Consumer Credit Report
Seera, M. S. (Primary Chief Investigator (PCI)) & Alam, N. (Chief Investigator (CI))
2/09/24 → 31/12/26
Project: Consultancy
-
Formulating a Comprehensive Legal Framework for Blockchain Technology in the Energy Industry of Malaysia
Karim, R. (Primary Chief Investigator (PCI)), Seera, M. S. (Chief Investigator (CI)), Alam, N. (Chief Investigator (CI)), Trakic, A. (Chief Investigator (CI)) & Kunhibava, S. B. (Chief Investigator (CI))
1/10/23 → 31/12/25
Project: Research
-
Global perspectives in the metaverse
Chen, H.-Y., Alam, N. & Jenweeranon, P., 2024, Global Perspectives in the Metaverse: Law, Economics, and Finance. Chen, H.-Y., Jenweeranon, P. & Alam, N. (eds.). 1st ed. Cham Switzerland: Palgrave Macmillan, p. 1-8 8 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Other › peer-review
1 Link opens in a new tab Citation (Scopus) -
Global Perspectives in the Metaverse: Law, Economics, and Finance
Chen, H.-Y. (Editor), Jenweeranon, P. (Editor) & Alam, N. (Editor), 2024, 1st ed. Cham Switzerland: Palgrave Macmillan. 256 p.Research output: Book/Report › Edited Book › peer-review
1 Link opens in a new tab Citation (Scopus) -
Regulating the metaverse
Alam, N., 2024, Global Perspectives in the Metaverse: Law, Economics, and Finance. Chen, H.-Y., Jenweeranon, P. & Alam, N. (eds.). 1st ed. Cham Switzerland: Palgrave Macmillan, p. 33-44 12 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Other › peer-review
1 Link opens in a new tab Citation (Scopus) -
Utilising machine learning for corporate social responsibility (CSR) and environmental, social, and governance (ESG) evaluation: transitioning from committees to climate
Subramaniam, R. K., Dhoraisingam Samuel, S., Seera, M. & Alam, N., Oct 2024, In: Sustainable Futures. 8, 10 p., 100329.Research output: Contribution to journal › Article › Research › peer-review
Open Access17 Link opens in a new tab Citations (Scopus) -
Credit risk in dual banking systems: does competition matter? Empirical evidence
Ali, M., Khattak, M. A. & Alam, N., 21 Mar 2023, In: International Journal of Emerging Markets. 18, 4, p. 822-844 23 p.Research output: Contribution to journal › Article › Research › peer-review
16 Link opens in a new tab Citations (Scopus)
Prizes
-
Knowledge Exchange and Impact Awards
Alam, N. (Recipient), 6 May 2016
Prize: Prize (including medals and awards)
-
-
School of Business Seed Grant: Social Media Analytics for Banking Risk: An ASEAN Perspective
Sara, S. (Recipient), Ganggayah, M. D. (Recipient), Alam, N. (Recipient) & Bayhon Barrios, E. (Recipient), 2025
Prize: Prize (including medals and awards)
-
Senior Fellow of The Higher Education Academy (SFHEA)
Alam, N. (Recipient), 23 Jul 2019
Prize: Competitive Fellowships
-
Upcoming personality in Islamic Finance 2016- Global Islamic Finance Award
Alam, N. (Recipient), 1 Oct 2016
Prize: Prize (including medals and awards)
Press/Media
-
-
Monash University and Malaysia-China Chamber of Commerce (MCCC Sign MoU To Promote joint projects and activities in the fields of interest to MCCC and Monash Malaysia
Siah, A., Lee, G. H., Avvari, V. M. & Alam, N.
25/08/23 → 14/09/23
3 items of Media coverage
Press/Media: Public Engagement Activities
-
-
More Than One-Quarter Of Malaysians Have Poor Credit Scores
28/02/23
1 Media contribution
Press/Media: Expert Comment
-
How to end the deadly government debt spiral
25/02/23 → 27/02/23
2 Media contributions
Press/Media: Article/Feature