Professor Dr Zaheer Anwer

Professor Dr Zaheer Anwer

  • Deputy Dean (Internationalisation)
  • Professor
Department of Accounting, Finance and Economics
  • ºìÐÓÊÓƵ Business School

Biography

Zaheer Anwer is equipped with more than 15 years of teaching and banking industry experience. He holds teaching and research interests in Quantitative Finance, Corporate Finance, Monetary Economics, Investments and Islamic Banking. During his banking career, he held various important responsibilities. He has worked in leading Pakistani Universities like University of Management and Technology and The University of Lahore. 

Academic & Professional Qualifications

  • PhD, INCEIF Malaysia, 2018
  • MBA, Quaid-I-Azam University, Pakistan, 2002
  • Fellow of the Higher Education Academy (FHEA), UK
  • Post Graduate Certificate in Higher Education Practice, ºìÐÓÊÓƵ University, Malaysia, 2024

Research Interests

  • Corporate Finance
  • Islamic Finance
  • Monetary Economics
  • Portfolio Management
  • Risk management

Teaching Areas

  • Finance
  • Islamic Finance
  • Business Analytics
  • Corporate Finance
  • Research Methodology
  • Investments
  • Banking

Courses Taught

  • Advanced Risk Management, Theories and Practices
  • Financial Management
  • Business Finance
  • Internet and Mobile Banking Operations
  • Commercial Banking Operations
  • Fundamentals of Accounting
  • Islamic Banking and Finance
  • Risk Management for Islamic Financial Institutions
  • Research Methods
  • Investment Analysis and Portfolio Management

Notable Publications

  1. Anwer, Z., & Prasetyia, F. (2026). Between faith and vice: dynamic spillovers across Shariah-compliant and sin stocks. International Journal of Islamic and Middle Eastern Finance and Management, 1-22.
  2. Migliavacca, M., Anwer, Z., & Fandella, P. (2026). Geopolitical risk and stock market volatility: The case of US weapon and non-weapon firms. Research in International Business and Finance, 103195.
  3. Anwer, Z., Khan, A., Castellani, D., Goodell, J. W., & Paltrinieri, A. (2025). Bankruptcy risk contagion: considering systemically important FinTech firms. The European Journal of Finance, 1-20.
  4. Anwer, Z., Boulanouar, Z., Farid, S., & Migliavacca, M. (2025). Does climate policy uncertainty affect the top financiers of the energy sector?. International Review of Economics & Finance, 104276.
  5. Anwer, Z., Khan, A., Naeem, M. A., & Tiwari, A. K. (2025). Modelling Systemic risk of Energy and Non-Energy Commodity Markets during the COVID-19 pandemic. Annals of Operations Research
  6. Shahrier, N. A., Anwer, Z., & Bhatti, M. I. (2025). Pure vs. fundamental contagion. International Review of Economics & Finance, 104592.
  7. Ayaz, M., Anwer, Z., Hassan, M. K., & Xiaoyang, X. (2025). Inhabiting influence of digital finance on stock price synchronicity. Global Finance Journal,64, 101057.
  8. Al-Maqarih, A., Bennasr, H., Anwer, Z., & Karoui, L. (2024). Does employee treatment affect trade credit? An international evidence. Journal of Financial Reporting and Accounting.
  9. Anwer, Z., Azmi, W., Hassan, M. K., & Mohamad, S. (2024). Is Default Risk Contagious? Evidence from Global Energy Leaders and Environmentally Conscious Energy Firms. Computational Economics, 1-35.
  10. Azmi, W., Anwer, Z., Ali, M., & Mohamad, S. (2024). Competition, stability, and institutional environment: The case of dual banking economies. International Journal of Finance & Economics, 29(1), 609-631.
  11. Ahad, M., Farid, S., & Anwer, Z. (2024). Designing energy policy in the presence of underground economy: the case of Pakistan. International Journal of Emerging Markets, 19(2), 367-389.
  12. Anwer, Z., Khan, M. A., Hassan, M. K., & Singh, M. K. H. (2024). Assessing dynamic co-movement of news based uncertainty indices and distance-to-default of global FinTech firms. Research in International Business and Finance, 71, 102476.
  13. Naeem, M. A., Anwer, Z., Khan, A., & Paltrinieri, A. (2024). Do market conditions affect interconnectedness pattern of socially responsible equities?. International Review of Economics & Finance, 93, 611-630.
  14. Anwer, Z., Goodell, J. W., Migliavacca, M. & Paltrinieri, A. (2023) Does ESG impact systemic risk? Evidencing an inverted U-shape relationship for major energy firms. Journal of Economic Behavior and Organization
  15. Wang, Y., Anwer, Z., Cheng, L., Chen, W., Miao, Y. (2023). Smart Manager and Investor Effects in Offshore Financial Development: The Decisive Role of Cognitive Ability on Risk Preference. Applied Economics
  16. Anwer, Z., Farid, S., Khan, A. & Benlagha, N. (2023). Cryptocurrencies versus environmentally sustainable assets: Does a perfect hedge exist? International Review of Economics & Finance
  17. Azmi, W., Anwer, Z., Azmi, S. N., & Nobanee, H. (2023). How did major global asset classes respond to Silicon Valley Bank failure?. Finance Research Letters
  18. Sharier, N. A., Anwer, Z., Hassan, M. K. (2023). Do Different Capital Flow Streams Affect Asset Prices Differently? Global Finance Journal
  19. Anwer, Z., Kan, A., Hassan, M. K., & Rashid, M. (2022). Does the regional proximity lead to exchange rate connectedness? Journal of International Financial Markets, Institutions & Money  
  20. Anwer, Z., Naeem, M. A., Hassan, M. K., & Karim, S. (2022). Asymmetric connectedness across Asia-Pacific currencies: Evidence from time-frequency domain analysis. Finance Research Letters
  21. Ahad, M., & Anwer, Z. (2021). Asymmetric impact of oil price on trade balance in BRICS countries: Multiplier dynamic analysis. International Journal of Finance & Economics.
  22. Ahad, M., & Anwer, Z. (2021). Do movements in macroeconomic determinants affect American depository receipt prices? Evidence from France. International Journal of Finance & Economics
  23. Anwer, Z., Mohamad, S., Azmi, W., & Hasanov, A. (2021). Product Market Fluidity and Religious Constraints: Evidence from the United States Market. Accounting and Finance
  24. Anwer, Z., Mohamad, S., Paltrinieri, A., & Hassan, M. K. (2021). Dividend payout policy of Shariah compliant firms: Evidence from United States. Pacific-Basin Finance Journal
  25. Ahmad, W., Kim, W. G., Anwer, Z., & Zhuang, W. (2020). Schwartz personal values, theory of planned behavior and environmental consciousness: How tourists’ visiting intentions towards eco-friendly destinations are shaped?  Journal of Business Research, 110, 228-236.
  26. Anwer, Z., Azmi, W., & Mohamad, S. (2020). Shariah screening and corporate governance: The case of constituent stocks of Dow Jones US Indices. International Review of Economics & Finance.
  27. Azmi, W., Anwer, Z., Mohamad, S., & Shah, M. E. (2019). The substitution hypothesis of agency conflicts: Evidence on Shariah compliant equities. Global Finance Journal 

Professional Associations

  • Associate Editor International Journal of Islamic and Middle Eastern Finance and Management
  • Associate Editor Journal of Economic Cooperation and Development