Dr Ma Yaxin

Dr Ma Yaxin

  • Lecturer
Department of Accounting, Finance and Economics
  • Sunway Business School
SDGs Focus

Biography

Dr Yaxin Ma’s research focuses on sustainable finance, ESG-related financial governance, and Islamic finance in emerging markets. She is particularly interested in risk-sharing financial mechanisms, cross-regional economic cooperation, and cross-cultural business strategies, particularly in the development of the halal economy. Her work explores how innovative financial structures can support infrastructure development, inclusive growth, and sustainable economic transformation. Dr Ma’s research integrates empirical analysis with institutional and policy perspectives, contributing to global discussions on sustainable finance and international economic governance. 

Academic & Professional Qualifications

  • PhD (Islamic Finance), Universiti Sains Malaysia, Malaysia (2022)
  • MBA (Finance), University of Hertfordshire (UK) / INTI International University (Malaysia)

Research Interests

  • Sustainable Finance and ESG Governance
  • Islamic Finance and Risk-Sharing Financial Systems
  • Halal Economy and Cross-Cultural Business Strategy
  • Financial Governance and Economic Development in Emerging Markets

Teaching Areas

  • Financial Analytics & FinTech
  • Global Financial Markets
  • Research Methodology
  • Academic Writing & Thesis Supervision

Courses Taught

  • Financial Analytics and Technology
  • Global Financial Markets
  • Research Methodology in Business and Finance
  • Thesis Writing and Academic Research

Notable Publications

  1. Ma, Y. and Abdul Hamid, B., 2026. Strategic coordination in the halal economy: a cross-regional study of seven Muslim-minority emerging markets. International Journal of Emerging Markets, pp.1-22.
  2. Ma, Y. and Mahomed, Z., 2026. Sukuk-based multi-dimensional financing for urban village renewal in China: advancing risk-sharing and inclusive housing models. International Journal of Islamic and Middle Eastern Finance and Management, pp.1-23.
  3. Ma, Y., & Hamid, B. A. (2026). Strategic coordination of the halal economy in Muslim-minority emerging markets: A hybrid bibliometric and ANP approach. International Journal of Emerging Markets. (Accepted).
  4. Ma, Y., Sukmana, R., & Taib, F. M. (2025). Takeaways from Islamic social finance and sustainable development goals discourse: A bibliometric analysis of zakat, waqf and Islamic microfinance. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-06-2024-0227
  5. Ma, Y., & Taib, F. M. (2023). An Islamic co-operative housing solution for China’s housing affordability issues. Journal of Islamic Accounting and Business Research, 14(3), 489–513.
  6. Ma, Y., Taib, F. M., & Gold, N. O. (2023). An Islamic principle-based integrated solution for China’s housing affordability issues. International Journal of Housing Markets and Analysis, 17(3), 769–794.
  7. Ma, Y., & Taib, F. M. (2023). An integrated Islamic co-operative as a housing solution for China’s housing affordability issues. Journal of Economic Cooperation and Development, 44(1), 1–21.
  8. Gold, N. O., Taib, F. M., & Ma, Y. (2022). Firm-level attributes, industry-specific factors, stakeholder pressure, and country-level attributes: Global evidence of what inspires corporate sustainability practices and performance. Sustainability, 14(20), 13222.
  9. Yang, S., Li, Z., Ma, Y. and Chen, X. (2018). Does electronic banking really improve bank performance? Evidence in China. International Journal of Economics and Finance, 10(2), pp.82-94. 

Achievements & Accolades

  1. Co-Researcher - Regional Harmonisation of Halal Standards in ASEAN (IERIF Grant Project), focusing on governance coordination and regional integration of halal markets (Pharmaceutical section).
  2. Contributor - ESG Standards Development Initiative in China, participating in the revision and review of four ESG group standards covering ESG Disclosure for SMEs; ESG Rating Specification for SMEs; ESG Evaluation Standard for Urban Renewal; and General ESG Evaluation Requirements for the Electric Bicycle Industry. 

Professional Associations

  1. Financing Advisor, Expert Committee for Regional Industrial Development, Qinghai Province, China
  2. Member, ESG International Standards Development Committee, Beijing, China
  3. International Research Advisor (ASEAN Cross-Cultural Economic Cooperation), Davao, Philippines