Fahad Almudhaf

Faculty Profile

Education

  • Ph.D.,  Finance,  University of Texas at Arlington
  • M.B.A.,  Finance, University of Nebraska at Lincoln
  • B.S., Electrical Engineering, California State University at Fresno

About

Fahad Almudhaf completed his PhD in Finance from the University of Texas at Arlington and his MBA from the University of Nebraska at Lincoln. He was a visiting researcher at Old Dominion University (Norfolk, VA) and the American University – KOGOD (Washington, DC). He has previously worked as an investment analyst in Kuwait. He is the Cultural Attaché at Kuwait Cultural Office – London since August 2018. His research focuses on hospitality financial management, real estate, behavioral finance, Islamic finance and international finance. He has published several articles in journals such as: Pacific-Basin Finance Journal, Emerging Markets Finance & Trade, Journal of Property Investment & Finance, Applied Economics Letters, Journal of Behavioral and Experimental Finance, Bulletin of Indonesian Economic Studies, and International Journal of Strategic Property Management. He presented his research in several international conferences such as Financial Management Association (FMA) and American Real Estate Society (ARES).

Expertise and Research Interests

  • Real Estate
  • Investment
  • Islamic Finance
  • Almudhaf, F. and J.A. Hansz (2011) “Systematic Equity Return Patterns: Evidence from Listed European Property Companies”, International Real Estate Review, 14(1), 61-84.
  • Almudhaf, F. (2014) “Testing for Random Walk Behavior in CIVETS exchange rates”, Applied Economics Letters, 21(1), 60-63. Indexed in SSCI & Scopus.
  • Almudhaf, F. (2017) “Market timing in precious metals is detrimental to value creation”, Applied Economics Letters, 24(14), 1019-1024. Indexed in SSCI & Scopus.
  • Almail, A. & Almudhaf, F. (2017) “Adaptive market hypothesis: evidence from three centuries of UK data” Economics and Business Letters, 6(2), 48-53. Indexed in Scopus.
  • Almudhaf, F. (2017) “Speculative bubbles and irrational exuberance in African stock markets” Journal of Behavioral and Experimental Finance, 13, 28-32. Indexed in Scopus.
  • Almudhaf, F. (2018) “Backtesting expected shortfall: evidence from European securitized real estate”, Applied Economics Letters, 25(3) 176-182. Indexed in SSCI & Scopus.
  • Almudhaf, F. (2018) “Pricing efficiency in Bitcoin trusts”, Applied Economics Letters, 25(7) 504-508. Indexed in SSCI & Scopus.
  • Almudhaf, F. (2018) “Predictability, Price bubbles and efficiency in the Indonesian stock-market”, Bulletin of Indonesian Economic Studies, 54(1),1-12. Indexed in SSCI & Scopus.
  • Almudhaf, F. and J.A. Hansz (2018) “Random Walks and Market Efficiency: Evidence from Real Estate Investment Trusts (REIT) Subsectors”, International Journal of Strategic Property Management, 22(2), 81-92. Indexed in SSCI & Scopus.
  • Almudhaf, F. (2018) “Bubbles in the hotel/lodging real estate investment trusts”, Journal of Property Investment and Finance, 36(2), 171-190. Indexed in Scopus.
  • Alhashel, B., Almudhaf, F., and Hansz, J. (2018) “Can technical analysis generate superior returns in Asia-Pacific securitized property markets?, Pacific-Basin Finance Journal, 47, 92-108. Indexed in SSCI & Scopus.
  • Almudhaf, F. (2018) “Multi-factor asset pricing model: Evidence from hotel stocks and lodging REITs”, Journal of Hospitality Financial Management, 26(1),15-24. Indexed in Scopus.
  • Almudhaf, F. (2019) “Pricing efficiency of ETFs tracking GCC stock markets”, Afro-Asian Journal of Finance and Accounting, 9(2), 117-140. Indexed in Scopus.
  • De Souza, M., Almudhaf, F., Sobreiro, V. Kimura H. (2019) “Can Artificial Intelligence Enhance the Bitcoin Bonanza?”, The Journal of Finance and Data Science, 5(2), 83-98.
  • Almudhaf, F. and Alhashel, B. (2020) “Pricing efficiency of Saudi Arabian ETFs”, Journal of Islamic Accounting and Business Research, 11(4), 793-809. Indexed in Scopus.
  • Almudhaf, F., Aroul, R. and J. Hansz (2020) “Are markets adaptive? Evidence from predictability and efficiency of Lodging/ Resort REITs”, International Journal of Strategic Property Management, 24(2), 130-139. Indexed in SSCI & Scopus.
  • Alhashel, B. and Almudhaf, F. and (2021) “Even in Emerging Markets, Technical trading is Hazardous to your Wealth”, Emerging Markets Finance and Trade, 57 (13), 3739-3765. Indexed in SSCI & Scopus.

 

  • 2021-current Associate Professor of Finance
  • 2015-2016 Director of Training office (CBA)
  • 2014-2016 Director of OSTA
  • 2010-2020 Assistant Professor of Finance
  • At KU since 2010
  • 2022-2023 Head of office – Kuwait Cultural office London
  • 2018-2022 Cultural Attache` – Embassy of Kuwait London

 

  • 2017: Best researcher Award (Assistant professor) from CBA – KU