{"id":6366,"date":"2026-09-29T15:20:02","date_gmt":"2026-09-29T07:20:02","guid":{"rendered":"https:\/\/centre.iium.edu.my\/cie\/?page_id=6366"},"modified":"2026-09-29T15:33:24","modified_gmt":"2026-09-29T07:33:24","slug":"research-article","status":"publish","type":"page","link":"https:\/\/centre.iium.edu.my\/cie\/research-article\/","title":{"rendered":"Research Article"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6366\" class=\"elementor elementor-6366\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c5d5769 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c5d5769\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1d2ef3b\" data-id=\"1d2ef3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e98ab4c elementor-widget elementor-widget-heading\" data-id=\"e98ab4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Published Research Articles<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c0eebb elementor-widget elementor-widget-text-editor\" data-id=\"2c0eebb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000\">This section highlights the research projects under the KENMS MOF-MOHE Budget Initiatives that have successfully achieved full completion.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3babb57 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3babb57\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aa2dcc7\" data-id=\"aa2dcc7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e16b354 elementor-widget elementor-widget-heading\" data-id=\"e16b354\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. Short Selling in Global Markets: A Comparative Study of Conventional &amp; Islamic Financial Systems<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54646d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54646d7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-8d7ad38\" data-id=\"8d7ad38\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91cbe83 elementor-widget elementor-widget-image\" data-id=\"91cbe83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"684\" height=\"1024\" src=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-3-684x1024.png\" class=\"attachment-large size-large wp-image-6372\" alt=\"\" srcset=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-3-684x1024.png 684w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-3-200x300.png 200w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-3.png 766w\" sizes=\"(max-width: 684px) 100vw, 684px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-f1e78da\" data-id=\"f1e78da\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ca934c3 elementor-widget elementor-widget-image\" data-id=\"ca934c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"764\" height=\"1024\" src=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-1-764x1024.png\" class=\"attachment-large size-large wp-image-6371\" alt=\"\" srcset=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-1-764x1024.png 764w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-1-224x300.png 224w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-1-768x1029.png 768w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-1.png 856w\" sizes=\"(max-width: 764px) 100vw, 764px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-b130a19\" data-id=\"b130a19\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b6d8cb elementor-widget elementor-widget-image\" data-id=\"7b6d8cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"642\" height=\"1024\" src=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-2-642x1024.png\" class=\"attachment-large size-large wp-image-6370\" alt=\"\" srcset=\"https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-2-642x1024.png 642w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-2-188x300.png 188w, https:\/\/centre.iium.edu.my\/cie\/wp-content\/uploads\/sites\/23\/2026\/09\/MOF-PROGRESS-REPORT-2.png 719w\" sizes=\"(max-width: 642px) 100vw, 642px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3142a8b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3142a8b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-92e04d7\" data-id=\"92e04d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f800ad9 elementor-widget elementor-widget-text-editor\" data-id=\"f800ad9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span style=\"color: #000000\">Output:<\/span><\/strong><\/p><p><span style=\"color: #000000\"><strong>Publication<\/strong> &#8211; Journal article: \u201cPrice Discovery and Time-Varying Causality Dynamics in Energy Markets: Futures versus ETFs\u201d (Computational Economics) DOI: https:\/\/doi.org\/10.1007\/s10614-025-11164-z<\/span><\/p>\n<p><span style=\"color: #000000\"><strong>Publication &#8211;<\/strong> Journal article: \u201cWhen Crises Hit: Volatility, Price Discovery Leadership, and Causal Linkages among WTI, Brent, and Shanghai Crude Oil Futures\u201d (Journal of Asset Management) Manuscript Ref. JASE-D-25-00205R1<\/span><\/p>\n<p><span style=\"color: #000000\"><strong>Book:<\/strong> \u201cThe Ethics of the Price Drop: A Unified Model for Shariah-Compliant Short Selling\u201d (IIUM Press)<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Published Research Articles This section highlights the research projects under the KENMS MOF-MOHE Budget Initiatives that have successfully achieved full completion. 1. Short Selling in Global Markets: A Comparative Study of Conventional &amp; Islamic Financial Systems Output: Publication &#8211; Journal article: \u201cPrice Discovery and Time-Varying Causality Dynamics in Energy Markets: Futures versus ETFs\u201d (Computational Economics)<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/centre.iium.edu.my\/cie\/research-article\/\" class=\"themebutton\">Read More<\/a><\/p>\n","protected":false},"author":48,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6366","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/pages\/6366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/comments?post=6366"}],"version-history":[{"count":7,"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/pages\/6366\/revisions"}],"predecessor-version":[{"id":6378,"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/pages\/6366\/revisions\/6378"}],"wp:attachment":[{"href":"https:\/\/centre.iium.edu.my\/cie\/wp-json\/wp\/v2\/media?parent=6366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}