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Dr Pejman Abedifar

Dr Pejman Abedifar

Lecturer in Banking and Finance

Programme Director, MSc in Banking and Finance

Contact details

Tel: +44 (0)1334 46 2795


Pejman joined the School of Management in June 2014 as a lecturer in Banking and Finance. He received his PhD from the Université du Limoges, France. His PhD dissertation examines three different topics within the area of financial intermediation including Islamic banking, noninterest income activities and finance-growth nexus.

He has completed three masters programs: a research masters in corporate finance and banking from Tilburg University in 2009 and a professional masters in mathematical finance from Amsterdam Business School in 2008. He also received a Masters Degree in economics from Allameh Tabatabaei University, Tehran in 2000. Pejman has earned his Bachelor’s Degree in banking at Iran Banking Institute, Tehran in 1997.

Before moving to academia, Pejman had been working in the EXIM bank of Iran for more than ten years (1997-2007). He was in charge of International Finance department.

Research interests

Financial Intermediation, Risk Management and Stability, Diversification in banking, Bankruptcy and Resolution, Islamic Finance and Finance-Growth Nexus

Selected publications


Accounting regulations, enforcement, and stock price crash risk: global evidence in the banking industry
Abedifar, P., Li, M., Johnson, D., Song, L. & Xing, S., 14 Oct 2019, In : Journal of Contemporary Accounting & Economics. 15, 3, 100164.
Research output: Contribution to journalArticle

Lending, the poor, and Islamic scripture: Islamic finance versus welfare Islam
Abedifar, P., Jun 2019, In : Journal of the American Academy of Religion. 87, 2, p. 460-482 23 p.
Research output: Contribution to journalArticle

Non-interest income and bank lending
Abedifar, P., Molyneux, P. & Tarazi, A., Feb 2018, In : Journal of Banking & Finance. 87, p. 411-426
Research output: Contribution to journalArticle

Heterogeneous market structure and systemic risk: evidence from dual banking systems
Abedifar, P., Giudici, P. & Hashem, S. Q., Dec 2017, In : Journal of Financial Stability. 33, p. 96-119
Research output: Contribution to journalArticle

Finance-Growth Nexus and dual-banking systems: relative importance of Islamic banks
Abedifar, P., Hasan, I. & Tarazi, A., Dec 2016, In : Journal of Economic Behavior and Organization. 132, Suppl., p. 198-215
Research output: Contribution to journalArticle

Islamic banking and finance: recent empirical literature and directions for future research
Abedifar, P., Ebrahim, S., Molyneux, P. & Tarazi, A., Sep 2015, In : Journal of Economic Surveys. 29, 4, p. 637-670 34 p.
Research output: Contribution to journalArticle

Risk in Islamic Banking
Abedifar, P., Molyneux, P. & Tarazi, A., 2013, In : Review of Finance. p. 1-62
Research output: Contribution to journalArticle



How Informative Are Stock Prices of Islamic Banks?
Abedifar, P., Bouslah, K. B. H., Hashem, S. & Song, L., 2019, 31 p.
Research output: Working paper