Dr Maryam Alhalboni
Lecturer in Finance

Profile

Biography

Maryam Alhalboni is a lecturer in Finance, joining the School for Business and Society in July 2022. Before that, she worked at the University of Essex, Durham University, and the economics department of University of York. She also had been a financial services practitioner for two years.

Maryam has a BSc in Economics, an MSc in Finance and Investment and a PhD in Finance from the University of Essex.

Her research interests are in areas of Market Microstructure, Islamic finance and corporate finance. She presented her research at international meetings, to market regulators, and at external seminars.

Maryam has been awarded a Fellowship from the Higher Education Academy.

University roles

Teaching 

Undergraduate

• Business Economics - MAN00016C

Postgraduate

• Managerial Economics - MAN00023

Research

Overview

Maryam’s research interests are in areas of Market Microstructure, Islamic finance and corporate finance. Her work in the area of Market Microstructure includes high-frequency trading, market liquidity and trading behaviours and information asymmetry. Her works have a policy relevance on issues related to the role of information asymmetry in trading behaviours and the incentives of market makers to provide liquidity during different markets’ conditions. Her work in Islamic finance covers risk management topics and the impact of profit-sharing investment accounts on shareholders’ wealth and the banks’ market power.

In corporate finance, she is interested in topics related to mergers and acquisitions and the implied cost of capital.

Publications

Selected publications

Selected papers

• “Limit Order Books and Order Submission Strategies around Ex-Dividend Days”, presented at Paris Financial Management Conference, 2019.
• “The Impact of Profit-Sharing Investment Accounts on Shareholders’ Wealth”, accepted at World Finance Conference, 2020.
• “The Political Origin of the Convoluted Takaful Organizational Structure”, accepted at 19th World Congress of the IEA, 2020.
• “Market microstructure effects around ex-dividend day - Evidence from London Stock Exchange”,
  presented at International Finance and Banking (IFABS) 2018 Porto Conference, 2018.
• “Impact of ex-dividend day on intraday trading patterns - Evidence from London Stock Exchange”, presented at Portsmouth-Fordham Conference, 2016.
• “A Structural Model of “Alpha” for Islamic Banks”, accepted at the 8th International Conference on
  Islamic Banking and Finance: Risk Management, Regulation, and Supervision, 2017.

Book chapters

• Alhalboni, M., Ebrahim, M. S. & Jatmiko, W. (2021). Rationalizing the Takaful Organizational Form with Institutional Theory. In Handbook of Banking and Finance in Emerging Economies. Nguyen, D. Edward Elgar.

Journal Article

• Baldwin, K., Alhalboni, M., & Helmi, M. H. (2019). A structural model of “alpha” for the capital adequacy ratios of Islamic banks. Journal of International Financial Markets, Institutions and Money, 60, 267-283.

• Baldwin, K; Alhalboni, M. (2020). The impact of profit-sharing investment accounts on shareholders’ wealth. Journal of International Financial Markets, Institutions and Money, 69, 101253.