Al-Khubara' : Directory of Expert

ACADEMIC QUALIFICATIONS

PhD in Islamic Finance (2015)
Master in Matematik (2009)
Bachelor in Matematik (2008)
Diploma in Computer Science (2005)

EXPERTISE

Financial Mathematics
Islamic Finance
Financial Literacy

Resume Curriculum Vitae

Scopus H-Index : 6

PROF. MADYA DR. SITI RAIHANA BINTI HAMZAH

PENSYARAH UNIVERSITI DS14

Faculty

Fakulti Sains Dan Teknologi

Usim Expert: https://iinova-registration.usim.edu.my/sraihana

Phone: 067988784

E-mail: sraihana@usim.edu.my

RESEARCHER ID

Google Scholar

1. BALANCING EQUITY AND SUSTAINABILITY: MODELLING HAJJ SUBSIDY FRAMEWORK TO OVERCOME THE CLIFF EFFECT

2026 GERAN PENYELIDIKAN FUNDAMENTAL ON GOING CO-RESEARCHER
2. DEVELOPING A NEW CREDIT RISK EXPOSURE MODEL TO ILLUSTRATE FINANCIAL SUSTAINABILITY OPTION FOR CORPORATE FINANCING BY USING MONTE CARLO SIMULATION.

2023 GERAN KPT ON GOING MAIN RESEARCHER
3. NUMERICAL APPROACH FOR ANALYZING ASSET PRICES

2023 GERAN ANTARABANGSA ON GOING CO-RESEARCHER
4. MODELLING THE MULTI-SCALE CURRENCY EXPOSURE USING WAVELET TECHNIQUE FOR OPTIMAL HEDGING STRATEGIES AMONG NON-FINANCIAL FIRMS IN MALAYSIA

2020 GERAN KPT COMPLETED CO-RESEARCHER
5. DEVELOPING A NEW EQUITY-BASED FINANCING MODEL BY USING EQUILIBRIUM FORMULATION TOWARDS ACHIEVING LONG-TERM SUSTAINABLE FINANCE.

2019 GERAN KPT COMPLETED MAIN RESEARCHER

Research Progress Type of Grant

Completed: 6 (67%)

Ongoing: 3 (33%)

Al-Khubara' : Directory of Expert

ACADEMIC QUALIFICATIONS

EXPERTISE

Scopus H-Index : 6

PROF. MADYA DR. SITI RAIHANA BINTI HAMZAH

1. BALANCING EQUITY AND SUSTAINABILITY: MODELLING HAJJ SUBSIDY FRAMEWORK TO OVERCOME THE CLIFF EFFECT

2. DEVELOPING A NEW CREDIT RISK EXPOSURE MODEL TO ILLUSTRATE FINANCIAL SUSTAINABILITY OPTION FOR CORPORATE FINANCING BY USING MONTE CARLO SIMULATION.

3. NUMERICAL APPROACH FOR ANALYZING ASSET PRICES

4. MODELLING THE MULTI-SCALE CURRENCY EXPOSURE USING WAVELET TECHNIQUE FOR OPTIMAL HEDGING STRATEGIES AMONG NON-FINANCIAL FIRMS IN MALAYSIA

5. DEVELOPING A NEW EQUITY-BASED FINANCING MODEL BY USING EQUILIBRIUM FORMULATION TOWARDS ACHIEVING LONG-TERM SUSTAINABLE FINANCE.

11. NUMERICAL APPROXIMATION OF RICCATI TYPE DIFFERENTIAL EQUATIONS

ASM SCIENCE JOURNAL

12. SOLVING DUFFING TYPE DIFFERENTIAL EQUATIONS USING A THREE-POINT BLOCK VARIABLE ORDER STEP SIZE METHOD.

JOURNAL OF PHYSICS: CONFERENCE SERIES

13. SOLUTION FOR NONLINEAR RICCATI EQUATION BY BLOCK METHOD

AIP CONFERENCE PROCEEDINGS

14. RISK SHIFTING ELIMINATION AND RISK SHARING EXPOSURE IN EQUITY-BASED FINANCING.

MANAGERIAL FINANCE

15. EMPIRICAL EVIDENCE OF RISK SHIFTING IN BONDS AND DEBT-BASED SUKUK: THE CASE OF MALAYSIAN CORPORATIONS

JOURNAL OF ISLAMIC ACCOUNTING AND BUSINESS RESEARCH

1. IMPROVING FINANCIAL WELL-BEING FOR MALAYSIA?S B40: LITERACY, STRESS, AND POLICY IMPLICATIONS

PERSIDANGAN KEBANGSAAN EKONOMI MALAYSIA KE 17

2. CASH TRAIL ADVENTURE: GAMIFIED LEARNING FOR NUMERACY, FINANCIAL LITERACY, AND ISLAMIC FINANCE IN THE 4IR ERA

NATIONAL CONFERENCE ON EDUCATION AND NEW LEARNING TECHNOLOGIES 2025 (NCENT 2025)

3. THE IMPACT OF CAPITAL MARKET INSTRUMENTS ON MALAYSIAN ECONOMIC GROWTH

KOLOKIUM SISWAZAH SAINS & TEKNOLOGI (KOSIST2024)

4. THE ANALYSIS OF FINANCIAL LITERACY THAT INFLUENCES FINANCIAL ANXIETY AMONG MALAYSIANS

5TH INTERNATIONAL CONFERENCE ON MANAGEMENT, EDUCATION, SOCIAL SCIENCES AND INNOVATION 2024

5. MEAN-VARIANCE ANALYSIS OF SHARIAH AND NON-SHARIAH STOCKS MARKET IN MALAYSIA DURING THE PANDEMIC OF COVID-19

29TH NATIONAL SYMPOSIUM ON MATHEMATICAL SCIENCES (SKSM29)

1. ANALYZING MALAYSIAN STOCK INDICES PERFORMANCE USING ARIMA

DIGITAL HORIZONS: REIMAGINING BUSINESS IN THE TECH ERA

2. A GEOMETRIC BROWNIAN MOTION OF ASEAN-5 STOCK INDEXES

AI AND BUSINESS, AND INNOVATION RESEARCH: UNDERSTANDING THE POTENTIAL AND RISKS OF AI FOR MODERN ENTERPRISES

3. ANALYSIS OF THE RISK OF FAILURE IN SUKUK PORTFOLIOS

HANDBOOK OF ANALYTICAL STUDIES IN ISLAMIC FINANCE & ECONOMICS

1. BLUEPRINT ISLAMIC FINANCE UNIVERSITI SAINS ISLAM MALAYSIA

1. UMUL AIN''SYAH BINTI SHA''ARI

DEVELOPING A NEW CREDIT RISK EXPOSURE MODEL TO ILLUSTRATE FINANCIAL SUSTAINABILITY OPTIONS FOR CORPORATE FINANCING BY USING THE MONTE CARLO SIMULATION

2. WAN ZULKARNAIN BIN WAN ISMAIL

SELECTING COMPETENT TALENT FOR OFFSHORE INSTALLATION MANAGER (OIM) USING ANALYTIC HIERARCHY PROCESS (AHP)

3. UMUL AIN'SYAH BINTI SHA'ARI

COMPARATIVE MODELS BETWEEN EQUITY-BASED AND DEBT-BASED FINANCING TO ACHIEVE FINANCIAL SUSTAINABILITY

4. MOHD FADLIHISYAM BIN ISHAK

MODELLING ZAKAT COLLECTION IN MALAYSIA BY TIME SERIES ANALYSIS

5. JENG ASSAN

COMPARISON OF DOWNSIDE BETA IN SHARIAH COMPLIANT AND CONVENTIONAL STOKES IN MALAYSIA

1. CASH TRAIL ADVENTURE

2. FOREIGN EXCHANGE RISK MANAGEMENT: MALAYSIA PERSPECTIVE

3. Conceptual Framework of Equity-based Financing over Debt-based Financing

4. NUMERICAL SOLUTION FOR ISLAMIC PRICING OPTION USING A MODIFIED TWO-POINT BLOCK BACKWARDS DIFFERENCE METHOD

1. ACADEMIC ADVISOR

MALAYSIAN MINISTRY OF HIGHER EDUCATION & THE AUSTRALIAN HIGH COMMISSION

2. TRAINER / FACILITATOR

INTERNATIONAL TECHNOLOGY BOOTCAMP 2025

3. VISITING SCHOLAR

MAYBANK ISLAMIC BHD

4. VISITING SCHOLAR

OXFORD CENTRE FOR ISLAMIC STUDIES

1. CASH TRAIL ADVENTURE: BUILDING FINANCIAL LITERACY, NUMERACY SKILLS, AND ETHICAL DECISION-MAKING FOR LEARNERS OF ALL AGES.

International Education Innovation Competition (Edu@Innovate 2025)

2. STOCK SAVVY SCHOOL SQUAD (4S): EMPOWERING YOUTH FOR FINANCIAL FUTURES THROUGH GAMIFIED INVESTMENT LITERACY

7th International Putra Innocreative Carnival in Teaching and Learning (I-PICTL2025)

3. MATHQUEST: EMPOWERING COMMUNITY WITH NUMERACY SKILLS FOR FINANCIAL CONFIDENCE

SCEINCE AND TECHNOLOGY RESEARCH EXPO (SCITEX)

4. FINQUEST: EMPOWERING COMMUNITIES WITH FINANCIAL AND EMOTIONAL RESILIENCE THROUGH INTERACTIVE SIMULATIONS.

SCEINCE AND TECHNOLOGY RESEARCH EXPO (SCITEX)

5. CASHUNO: A FINANCIAL LITERACY GAME FOR DEVELOPING SUSTAINABLE HABITS FROM A YOUNG AGE

Pertandingan Inovasi FKP 2024

1. INDUSTRIAL ATTACHMENT

2. ANUGERAH PENERBITAN PROSIDING BERINDEKS

3. 3RD PRIZE IN 3RD INTERNATIONAL ARTICLE WRITING COMPETITION 2025

4. BEST FINAL YEAR PROJECT

5. ANUGERAH PEMFAILAN HARTA INTELEK