School of Business
Mugabil Isayev

Mugabil Isayev

Assistant Professor


  • Email:
  • Phone: 523
  • Office: D308

  • Banking
  • Money, Banking and Financial Markets
  • Principles of Finance
  • PhD, Eastern Mediterranean University
  • MS, Eastern Mediterranean University
  • BS, Azerbaijan State University of Economics
Joined ADA August, 2022
Publications Isayev, M., & Gokmenoglu, K. (2024). The Role of Shadow Banking Towards a Sustainable Growth Path. Renewable Energy, 120640.

Isayev, M. (2024). Unraveling the interplay of financial inclusion, stability, and shadow banking in emerging markets. Economic Change and Restructuring, 57(2), 62.

Athari, S. A., Isayev, M., & Irani, F. (2024). Does Country Risk Rating Explain Shadow Banking Development? Insights from Advanced and Emerging Market Economies. Economic Systems, 101192.

Isayev, M., & Farooq, O. (2024). Shadow banking and non-performing loans: international evidence. Journal of Financial Regulation and Compliance.

Isayev, M., & Farooq, O. (2023). The moderating role of shadow banking on the finance-growth nexus. Applied Economics Letters, 1-6.

Isayev, M., Irani, F., & Attarzadeh, A. (2023). Asymmetric effects of monetary policy on non-bank financial intermediation (NBFI) assets: a panel quantile regression approach. Journal of Economic Studies.

Isayev, M., & Bektas, E. (2023). The nexus between commercial bank lending and shadow banking assets: do bank risks and profitability moderate? Evidence from emerging markets. Applied Economics Letters, 30(9), 1162-1167.