Polymath · economist · researcher · lecturer · applied AI

Ikram Nur Muharam

IT consulting, tourism, banking, research, teaching. Five fields, each learned to the point of expertise rather than acquaintance. What connects them isn't a subject but a habit: I put whatever technology is currently best at the work inside the work itself, and right now that is AI.

Portrait of Ikram Nur Muharam

Jakarta, Indonesia

About

Many fields. Each one properly.

Currently

PT Bank Syariah Indonesia
Head of Macroeconomic and Financial Research
Universitas Padjadjaran
Lecturer and Researcher, Faculty of Economics and Business
Indonesian Chamber of Commerce and Industry (KADIN)
Islamic Economy Board, Islamic Finance Development

Previously

University of Surrey
Associate Lecturer, School of Hospitality and Tourism Management
Global Policy House, UK
Lead Researcher, Blockchain and CBDC
Full experience

Being a polymath is not the same as having no specialism. I've worked in IT consulting, in tourism, in banking, as a researcher and as a lecturer, and each of those went deep: a doctorate in one, peer-reviewed publication in another, systems running in production in a third. What carries across isn't the subject matter. It's the method. Learn a field properly, then rebuild how its work gets done with the best technology available.

Today that technology is AI, and I use it as a practitioner rather than as a topic to write about. I designed and built the multi-agent AI research platform my research desk runs on, end to end, from the schema-intelligence database through the specialist agents to production scheduling. It now carries the forecasting and research work alongside me. Not a demonstration; the system we actually use.

I teach and supervise in a faculty of economics and business. The teaching is broader than one field: Islamic banking and Islamic economics, but also general economics and finance, data science and IT-related subjects, and management and business courses, marketing and finance among them.

My own research runs in three streams: tourism and hospitality, macroeconomics and financial markets, and Islamic finance. Digital transformation, blockchain and AI cut across all three. Methods move freely between them, so the time-series econometrics I point at a yield curve and the experimental design I point at traveller behaviour are one toolkit aimed at different questions.

Research

Three streams.

Three streams, and one set of interests running across them right now: digital transformation, blockchain and AI. The methods travel between the streams, so what works on a yield curve often works on traveller behaviour.

01

Tourism & hospitality

Tourism economics, Muslim-friendly and halal tourism, peer-to-peer accommodation and the sharing economy, technology acceptance and consumer behaviour, blockchain in travel, and what decentralisation does to platform intermediaries such as Airbnb. This is the stream my doctorate sits in: three Scopus Q1 articles and a PhD by publication.

  • 3 Scopus Q1 articles
  • PhD by publication
  • Experiments & grounded theory

02

Macroeconomics & financial markets

Multi-horizon forecasting of the policy rate, USD/IDR, the SBN yield curve, inflation and financing growth; scenario design and stress testing beneath enterprise risk assumptions; monetary and fiscal transmission in Indonesia, and the digital transformation of the financial infrastructure underneath it. This is the daily work of the desk, and the stream where AI does most of the lifting.

  • Forecasting
  • Scenario & stress testing
  • Yield curve modelling

03

Islamic finance

Islamic banking and Islamic economics, Islamic capital markets and sukuk, the halal industry and its disclosure practices, Shariah-aligned consumer behaviour, and where Islamic finance meets climate and transition finance. The stream I teach in as well as publish in.

  • Islamic banking
  • Sukuk & capital markets
  • Halal disclosure

Method

Toolkit.

Methods, software and stacks I actually work in, not a wish list. Each line has been used on published research, on the desk, or on something running in production.

AI & automation
Multi-agent AI research systems (designed and built end to end) · LLM-assisted analysis, extraction and drafting · applied machine learning · multi-source data integration · retrieval over institutional data · production scheduling and monitoring
Time-series econometrics
ARIMA / SARIMA · VAR & VECM · GARCH / EGARCH · Nelson-Siegel · Taylor rule · cointegration · unit root testing · Granger causality · impulse response & variance decomposition · walk-forward backtesting
Forecasting & risk
Multi-horizon macro-financial projection · scenario design (baseline / moderate / worst case) · stress testing and sensitivity propagation · yield curve modelling · ALCO and ERM assumption packs · forecast evaluation
Survey & experimental methods
Experimental and factorial design · SEM and PLS-SEM · multigroup analysis (MGA) · measurement validity and invariance testing · scale development · conjoint and vignette designs
Qualitative & review methods
PRISMA systematic review · grounded theory · focus group discussion · thematic and axial coding · content and disclosure analysis · sequential mixed-methods design
Statistical software
R · SPSS · Stata · EViews · SmartPLS · AMOS · Mplus · NVivo · ATLAS.ti · Covidence · Excel / Power Query
Engineering & data
Python (pandas, statsmodels, scikit-learn) · SQL Server / T-SQL · MySQL · Flask · PHP · JavaScript · HTML & CSS · Docker · nginx · Git · Power BI

Research record

8

Works with DOI

First author on seven

3

Scopus Q1 articles

Elsevier & Taylor & Francis

127

Citations

Google Scholar, Aug 2026

4

h-index

i10-index 4

Citation figures from Google Scholar, retrieved August 2026. Scopus (via SINTA) records 74 citations and h-index 4 across 5 indexed articles.

Research

Published work.

Eight works carrying a DOI, verified against Crossref, DataCite, ORCID and OpenAlex. Every title below links to the publisher of record.

All publications

2024

Blockchain-based sharing economy

Doctoral thesis · University of Surrey · PhD by publication

The doctoral thesis, comprising the three studies above. Degree awarded 29 February 2024.

  • Thesis
  • University of Surrey