Dr. M. Shabri Abd. Majid
My Social Links

Dr. M. Shabri Abd. Majid

Head of Department
Syiah Kuala University, Indonesia

Highest Degree
Ph.D. in Financial Economics from International Islamic University Malaysia, Malaysia

Share this Profile

Biography

Dr. M. Shabri Abd. Majid is currently working as Lecturer at Syiah Kuala University, Banda Aceh, Indonesia. He has completed his Ph.D. in Economics from International Islamic University Malaysia, Kuala Lumpur, Malaysia. His main area of interest focuses on Islamic Economics, Banking & Finance, Financial Economics, and Applied Econometrics. Previously he was appointed as Teaching Assistant at several privates Universities, Aceh, Indonesia, Graduate Research & Teaching Assistant, Assistant Professor and Professor at International Islamic University Malaysia. Dr. M. Shabri received honors includes Awarded Supersemar Scholarship from the Indonesian Government, Best Paper Award Recipient at the Malaysian Finance Association (MFA) 3rd Annual Symposium, Promising Researcher Award (2009), Faculty of Economics and Management Sciences, International Islamic University Malaysia, and Best Paper Presenter at International Conference on Global Trends in Academic Research, 3-5 June, 2014. He has published 11 research articles in journals as well as 58 conference papers contributed as author/co-author. He successfully completed 16 research grants as principal researcher and co-researcher. He has supervised more than 50 thesis of master student in Management and Accounting, Master Sciences in Accounting and Master of Management, and Examiner of more than 100 thesis of master student in Graduate School, Syiah Kuala University, Indonesia. He is Editor in Chief for International Journal on Social Sciences, Economics and Art (IJSSEA), Kuala Lumpur, Malaysia, Aceh International of Social Sciences, Syiah Kuala University, Indonesia, and member of editorial board in Gadjah Mada International Journal of Business, A Management Journal. Symbiosis Centre of Management and Human Resource Development (SCMHRD), Pune, India, and Journal Akuntansi dan Keuangan Syariah, Universitas Brawijaya, Malang, Indonesia. He is also serving as reviewer for number of journals.

Area of Interest:

Business Management and Accounting
100%
Islamic Banking and Finance
62%
Applied Econometrics
90%
Financial Economics
75%
Business Management
55%

Research Publications in Numbers

Books
0
Chapters
0
Articles
0
Abstracts
0

Selected Publications

  1. Majid, M.S.A., A.K. Ulfah and H. Basri, 2017. The Implementation of Good Corporate Governance (GCG) to Improve Service Quality: The Case of State-Owned Electricity Company in Indonesia. J. Accounting Finance Auditing Stud., 3: 44-63.
  2. Arfan, M., H. Basri, R. Handayani, M.S.A. Majid, H. Fahlevi and A. Dianah, 2017. Determinants of Cash Holding of Listed Manufacturing Companies in the Indonesian Stock Exchange. DLSU Bus. Econ. Rev., 26: 1-12.
    Direct Link  |  
  3. Syamni, G. and M.S.A. Majid, 2016. Efficiency of Saving and Credit Cooperative Units in North Aceh, Indonesia. Significant J. Ilmu Econ., 5: 99-118.
    CrossRef  |  Direct Link  |  
  4. Midesia, S., H. Basri and M.S.A. Majid, 2016. The Effects of Asset Management and Profitability on Stock Returns: A Comparative Study between Conventional and Islamic Stock Markets in Indonesia. Acad. J. Econ. Stud., 2: 44-54.
    Direct Link  |  
  5. Majid, M.S.A., H. Basri, E. Nopita and H. Fahlevi, 2016. The Effect of Organizational Culture, Leadership Style, and Functional Position on Organizational Commitment and Their Impact to the Performance of Internal Auditors in Aceh, Indonesia. Brand Broad Res. Accounting Negotiation Distrib., 7: 37-50.
    Direct Link  |  
  6. Majid, M.S.A., 2016. The Short-Run and Long-Run Relationships in the Indonesian Islamic Stock Returns. J. Islamic Econ., 8: 1-18.
    CrossRef  |  Direct Link  |  
  7. Majid, M.S.A., 2016. Dynamic Interactions Between the Islamic Stock Prices and Macroeconomic Variables: Evidence from Malaysia. DLSU Bus. Econ. Rev., 26: 92-100.
    Direct Link  |  
  8. Majid, M.S.A. and Z.A. Vakhira and S. Kassim, 2016. Do Conventional and Islamic Stock Markets Subject to Different Market Anomalies? Empirical Evidences from Indonesia and Malaysia. J. Appl. Econ. Sci., 11: 45-57.
    Direct Link  |  
  9. Majid, M.S.A. and S. Zulhanizar, 2016. The Patronage Behaviour of Islamic Bank`s Customers: empirical studies in Aceh. Al-Iqtishad J. Islamic Econ., 8: 201-212.
    CrossRef  |  Direct Link  |  
  10. Faisal, N. and M.S.A. Majid, 2016. Re-Examination of Calendar Anomalies in the Indonesian Stock Market. J. Appl. Econ. Sci., 11: 1714-1723.
    Direct Link  |  
  11. Basri, H., M.S.A. Majid and D. Wahyuni, 2016. Why Do Indonesians Intend to Engage in Islamic Home Financing. Skyline Bus. J., 12: 37-47.
    Direct Link  |  
  12. Basri, H., A.K. Siti-Nabiha and M.S.A. Majid, 2016. Accounting and Accountability in Religious Organizations: An Islamic Contemporary Scholars` Perspective. Gadjah Mada Int. J. Bus., 18: 207-230.
    Direct Link  |  
  13. Majid, M.S.A. and S.H. Kassim, 2015. Assessing the contribution of islamic finance to economic growth: Empirical evidence from Malaysia. J. Islamic Account. Bus. Res., 6: 292-310.
    CrossRef  |  Direct Link  |  
  14. Majid, M.S.A. and Benazir, 2015. An Indirect Impact of the Price to Book Value to the Stock Returns: An Empirical Evidence from the Property Companies in Indonesia. J. Accounting Finance, 17: 91-96.
    CrossRef  |  Direct Link  |  
  15. Majid, M.S.A., S. Musnadi and I.Y. Putrab, 2014. A Comparative Analysis of the Quality of Islamic and Conventional Banks` Asset Management in Indonesia. Gadjah Mada Int. J. Bus., 16: 185-200.
    Direct Link  |  
  16. Majid, M.S.A. and Z. Hasin, 2014. Islamic banks and monetary transmission mechanism in Malaysia. J. Econ. Cooperat. Dev., 35: 137-166.
    Direct Link  |  
  17. Amalia, R., M. Arfan and M.S.A. Majid, 2014. Effect of Profit, Disclosure of Corporate Social Responsibiity, and Profitability Against Abnormal Return of Stock. Accounting J., 3: 124-132.
  18. Ismail, F., M.S.A. Majid and R.A. Rahim, 2013. Efficiency of islamic and conventional banks in Malaysia. J. Financial Rep. Account., 11: 92-107.
    CrossRef  |  Direct Link  |  
  19. Majid, M.S.A., 2012. A comparative analysis of the productivity of islamic and conventional mutual funds in Indonesia: Data Envelopment Analysis (DEA) and General Least Square (GLS) approaches. Gadjahmada Int. J. Bus., 14: 183-208.
    Direct Link  |  
  20. Kassim, S.H. and M.S.A. Majid, 2012. Time-varying integration among asean-5 economies. Aceh Int. J. Social Sci., 1: 16-23.
  21. Yusof, R.A., S.H. Kassim, M.S.A. Majid and Z. Hamid, 2011. Determining the viability of rental price to benchmark Islamic home financing products: evidence from Malaysia. Bencmarking: Int. J., 18: 69-85.
  22. Majid, M.S.A. and M. Tabrani, 2011. Exchange rate and stock prices in the small open economy of Malaysia. IUP J. Applied Finance, 17: 1-19.
  23. Kassim, S.H., M.S.A. Majid and Z. Hamid, 2011. The 2007 global financial crisis and the Malaysian stock market: a sectoral analysis. Afro-Asian J. Finance Account., 2: 185-209.
  24. Saad, M. M.S.A. Majid, S.H. Kassim, Z. Hamid and R.M. Yusof, 2010. A comparative analysis of the performance of conventional and Islamic unit trust companies in Malaysia. Int. J. Managerial Finance, 6: 24-47.
    Direct Link  |  
  25. Rahman. S., 2010. An Exploratory Study of Outsourcing 3PL Services: An Australian Perspective. Benchmarking: Int. J., 18: 342-358.
    Direct Link  |  
  26. Majid, M.S.A., 2010. Stock returns, Economic activity and inflationary trends in malaysia: evidence from the post-1997 asian financial turmoil. Icfai J. Applied Finance, 16: 59-72.
    Direct Link  |  
  27. Majid, M.S.A. and S.H. Kassim, 2010. Potential diversification benefits across global Islamic equity markets. J. Econ. Cooperation Dev., 31: 103-126.
    Direct Link  |  
  28. Majid, M.S.A. and S.H. Kassim, 2010. Diversification benefits across the global islamic equity markets. J. Eco. Cooperation Dev., 31: 103-126.
  29. Majid, M.S.A. and M. Said, 2010. Re-examining the finance-growth nexus in Malaysia and Indonesia. Icfai J. Applied Finance, 16: 5-22.
    Direct Link  |  
  30. Majid, M.S.A. and Hafasnudin, 2010. Bounds testing approaches to the analysis of finance-growth nexus in the philippines. IUP J. Financial Eco., 8: 23-37.
    Direct Link  |  
  31. Majid, M.S.A. and H. Maulana, 2010. Assessing performance of mutual funds in Indonesia. J. Eco. Cooperation Dev., 31: 49-76.
  32. Kassim, S.H. and M.S.A. Majid, 2010. Impact of financial shocks on Islamic banks: Malaysian evidence during 1997 and 2007 financial crises. Int. J. Islamic Middle East. Fin. Manage., 3: 291-305.
    CrossRef  |  Direct Link  |  
  33. Karim, B.A. and M.S.A. Majid, 2010. Does trade matter for stock market integration?. Stud. Eco. Finance, 27: 47-66.
    Direct Link  |  
  34. Yusof, R.M., M. Al-Wosabi and M.S.A., Majid, 2009. Monetary policy shocks and islamic banks deposits in a dual banking system: empirical evidence from Malaysia and Bahrain. J. Eco. Cooperation Dev., 30: 1-26.
    Direct Link  |  
  35. Rahman, Z.A., M.S.A. Majid and R.M. Yusof, 2009. The role of goods, money and securities markets in promoting Takaful in Malaysia. Int. J. Monetary Eco. Finance, 2: 317-335.
    Direct Link  |  
  36. Majid, M.S.A., A.K.M. Meera, M.A. Omar and A.H. Aziz, 2009. Dynamic linkages among ASEAN-5 Emerging Stock Markets. Int. J. Emerging Markets, 4: 160-184.
    Direct Link  |  
  37. Majid, M.S.A., 2009. Global Financial Interdependence: ASEAN Emerging Markets versus US and Japan. Lambert Academic Publishing. Germany,.
  38. Majid, M.S.A., 2009. An empirical examination of money demand-stock prices relationship in Indonesia: Evidence from the Post-1997 financial turmoil. Icfai J. Applied Finance, 15: 40-50.
  39. Majid, M.S.A., 2009. A survey of approaches for describing the nature of economics: Conventional vs. Islamic. IQTISAD: Int. J. Islamic Eco., 10: 61-74.
  40. Majid, M.S.A. and S.H. Kassim, 2009. Impact of the 2007 US financial crisis on the emerging equity Stock returns, volatility spillover, and other financial issues in emerging markets. Int. J. Emerging Markets, 4: 299-314.
  41. Majid, M.S.A. and S. Kassim, 2009. Impact of the 2007 U.S. financial crisis on the emerging equity markets. Int. J. Emerging Markets, 4: 341-357.
    Direct Link  |  
  42. Majid, M.S.A. and R.M. Yusof, 2009. Long-run relationship between Islamic stock returns and macroeconomic variables: an application of the ARDL model. Humanomics, 25: 127-141.
    Direct Link  |  
  43. Majid, M.S.A. and B.A. Karim, 2009. International linkages among stock markets of Malaysia and its Major Trading Partners. J. Asia-Pacific Bus., 10: 326-351.
    Direct Link  |  
  44. Kassim, S. and M.S.A. Majid, 2009. The role of bank loans and deposits in the monetary transmission mechanism in Malaysia. Int. J. Banking Finance, 6: 37-59.
    Direct Link  |  
  45. Kassim, S. and M.S.A. Majid, 2009. Sensitivity of the islamic and conventional banks to monetary policy changes: the case of Malaysia. Int. J. Monetary Eco. Finance, 2: 239-253.
    Direct Link  |  
  46. Kassim, S. M.S.A. Majid and R.M. Yusof, 2009. Impact of monetary policy shocks on the conventional and islamic banks in a dual banking system: Evidence from Malaysia. J. Eco. Cooperation Dev., 30: 41-58.
  47. Karim, B.A. and M.S.A. Majid and S.A.A. Karim, 2009. Integration of stock markets between indonesia and its major trading partners. Gadjah Mada Int. J. Bus., 11: 229-252.
  48. Yusof, R.M. and M.S.A. Majid, 2008. Towards an Islamic international financial hub: the role of Islamic capital market in Malaysia. Int. J. Islamic Middle East. Finance Manage., 1: 313-329.
    Direct Link  |  
  49. Majid, M.S.A., A.K.M. Meera and M.A. Omar, 2008. Interdependence of ASEAN-5 Stock Markets from the US and Japan. Global Eco. Rev., 37: 201-225.
    Direct Link  |  
  50. Majid, M.S.A., 2008. Does financial development matter for economic growth In Malaysia? An ARDL Bound Testing Approach. J. Eco. Cooperation Muslim Countries, 29: 61-82.
  51. Kassim, S., R.M. Yusof and M.S.A. Majid, 2008. Dynamic relationships between monetary policy and bank balance sheet items of the Islamic and conventional banks: the case of Malaysia. Rev. Islamic Eco., 12: 25-44.
  52. Kassim, S. and M.S.A. Majid, 2008. The role of bank lending in the monetary transmission process of a developing economy: evidence from Malaysia. Savings Dev., 32: 301-319.
    Direct Link  |  
  53. Kassim, S. and M.S.A. Majid, 2008. Output-Price Dynamics in the ASEAN-5 Countries: Evidence from the Pre- and Post-1997 Financial Turmoil. Gadjah Mada Int. J. Bus., 10: 139-160.
  54. Yusof, R.M. and M.S.A. Majid, 2007. Stock market volatility transmission in Malaysia: conventional versus Islamic stock markets. JKAU Islamic Eco., 20: 17-35.
  55. Yusof, R.M. and M.S.A. Majid, 2007. Modeling Foreign Portfolio Investments In Malaysia: A Comparison Between Shari'ah and Composite Indexes. Proceedings of Paper the International Islamic Capital Market Conference, August 27-29, 2007, Jakarta, Indonesia, -.
    Direct Link  |  
  56. Yusof, R.M. and M.S.A Majid, 2007. Macroeconomic variables and stock returns in Malaysia: an application of the ARDL bound testing approach. Savings Dev., 31: 449-469.
  57. Omar, M.A., M.S.A. Majid and R. Ronald, 2007. Efficiency and productivity performance of the private national banks in Indonesia. Gadjah Mada Int. J. Bus., 9: 1-18.
  58. Majid, M.S.A., R.M. Yusof and A.N. Razali, 2007. Dynamic financial linkages among selected OIC countries. J. Eco. Cooperation Muslim Countries, 28: 25-56.
  59. Majid, M.S.A., N. Azis and H. Harmen, 2007. Does the Indonesian stock market cointegrate with money demand function? Evidence from the post-1997 financial crisis. Thammasat Eco. J., 25: 143-160.
  60. Majid, M.S.A., 2007. Re-examining the finance-growth nexus: empirical evidence from Indonesia. Gadjah Mada Int. J. Bus., 9: 137-156.
  61. Majid, M.S.A., 2007. Inflation, financial development and economic growth: the case of Malaysia and Thailand. Philippine Rev. Eco., 44: 216-237.
  62. Majid, M.S.A., 2007. Does financial development and inflation spur economic growth in Thailand?. Chulalongkorn J. Eco., 19: 161-184.
    Direct Link  |  
  63. Majid, M.S.A. and N. Azis, 2007. Ke arah integrasi ekonomi dunia Islam: strategi menangani kesan globalisasi. Shariah J., 15: 55-76.
    Direct Link  |  
  64. Majid, M.S.A. and Mahrizal, 2007. Does financial development cause economic growth in the ASEAN-4 Countries?. Savings Dev., 31: 369-398.
    Direct Link  |  
  65. Yusof, R.M. and M.S.A. Majid, 2006. Who moves the Malaysian stock market-US or Japan? Empirical evidence from the pre - during and post-1997 Asian financial crisis. Gadjah Mada Int. J. Bus., 8: 367-406.
  66. Yusof, R.M. and M.S.A Majid, 2006. Policy and persistence of stock returns volatility: Conventional versus Islamic stock market. J. Int. Bus. Entrepreneurship, 12: 49-68.
  67. Saad, N.M., M.S.A. Majid, R.M Yusof, J. Duasa and A.A. Rahman, 2006. Measuring efficiency of insurance and Takaful companies in Malaysia using data envelopment analysis (DEA). Rev. Islamic Eco., 10: 5-26.
  68. Omar, M.A., A.A. Rahman, R.M Yusof, M.S.A. Majid and M.E. Rashid, 2006. Efficiency of commercial banks in Malaysia: A DEA approach. Asian Acad. Manage. J. Accounting Finance, 2: 19-41.
  69. Majid, M.S.A., 2006. Does the Indonesian stock market provide a good hedge against inflation? Evidence from the pre-1997 financial turmoil. J. Eco. Cooperation Muslim Countries, 27: 71-100.
  70. Majid, M.S.A., 2006. Analisis terhadap usaha mendaulatkan dinar dan dirham sebagai matawang alternatif dunia Islam. Shariah J., 14: 49-71.
  71. Majid, M.S.A. and R.M Yusof, 2006. What motivate Malaysians to Deposit their Funds in Islamic Banks?. Newhorizon UK. .
    Direct Link  |  
  72. Majid, M.S.A., 2005. Mendaulatkan Dinar dan Dirham sebagai Mata Uang Tunggal Dunia Islam. Proceeding of the Muktamar I and International Simposium Ikatan Ahli Ekonomi Islam (IAEI), September 18-19, 2005. Medan, West Sumatera, -.
    Direct Link  |  
  73. Majid, M.S.A., 2004. Ekonomi Islam Kontemporer: Isu-Isu Global Dalam Perspektif Ekonomi Islam. LAZNAS BMT, Jakarta, Pages: 313.
  74. Abdullah, N. and M.S.A. Majid, 2004. Real stock prices and the long-run money demand function in Malaysia: evidence from error correction model. Gadjah Mada Int. J. Bus., 6: 293-305.
    Direct Link  |  
  75. Majid, M.S.A., 2003. A test of the proxy-effect hypothesis: evidence from Malaysia. Int. J. Bus. Soc., 4: 67-84.
    Direct Link  |  
  76. Abdullah, N. and M.S.A. Majid, 2003. The Influence of religiosity, income and consumption on saving behaviour: the case of International Islamic University Malaysia (IIUM). Iqtisad: J. Islamic Eco., 4: 37-55.
  77. Majid, M.S.A., 2002. Real stock returns, inflationary trends and real activity: evidence from Malaysia. Gadjah Mada Int. J. Bus., 4: 327-346.
    Direct Link  |  
  78. Majid, M.S.A., A.K. Meera, H.A. Azis and M.H. Ibrahim. 2001. The relationship between stock returns and inflation: evidence from Malaysia and Indonesia. Capital Market Rev., 9: 129-154.
  79. Abdullah, N. and M.S.A. Majid, 2001. Saving behaviour in Islamic framework: the case of International Islamic University Malaysia (IIUM). Shariah J., 9: 61-84.