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Personal profile

Research interests

Portfolio theory; Asset pricing theory; Asset-liability modelling; Microstructure of financial markets; Carbon emission trading; Information transfer; Return predicatability; Market integration; Trading strategies; Capital structure; Liquidity and co-liquidity; Volatility modelling; Time series econometric analysis.


Boulis joined the Department of Accountancy and Finance as a Lecturer in 1996, and teaches on both the School's undergraduate and postgraduate courses. He has a BSc. in Actuarial Science from The London School of Economics and Political Schience, an MSc in Finance and a Ph.D. in Accounting and Finance from the University of Strathclyde and is a Fellow of the Higher Education Academy (HEA). He was a member of the Energy Theme Committee that shaped Heriot Watt University's future plans in Energy and is currently a member of the Energy Academy (EA), Centre for Finance and Investment (CFI) and Spatial Economics and Econometrics Centre at Heriot Watt. He held various administrative positions and is currently the Head of the Finance Subject Area Group. He has published in internationally-renowned journals such as the Journal of International Money and Finance, Journal of Banking and Finance and the Journal of Financial Markets, and currently supervises three Ph.D. students in microstructure and ethical finance.


  • HG Finance
  • Financial Markets; Derivative Markets;
  • Microstructure; Econometrics

Fingerprint Dive into the research topics where Boulis Maher Ibrahim is active. These topic labels come from the works of this person. Together they form a unique fingerprint.

  • 1 Similar Profiles
Stock market Business & Economics
Carry trade Business & Economics
Liquidity Business & Economics
Factors Business & Economics
Risk factors Business & Economics
Currency Business & Economics
Trade intensity Business & Economics
Market risk Business & Economics

Co Author Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Research Output 1997 2020

A Stock Market Trading System Based on Foreign and Domestic Information

Brzeszczynski, J. & Ibrahim, B. M., 15 Mar 2019, In : Expert Systems with Applications. 118, p. 381-399 19 p.

Research output: Contribution to journalArticle

Open Access
Fuzzy logic
Systems analysis

Carry trades and commodity risk factors

Byrne, J. P., Ibrahim, B. M. & Sakemoto, R., Sep 2019, In : Journal of International Money and Finance. 96, p. 121-129 9 p.

Research output: Contribution to journalArticle

Carry trade
Risk factors

OTC Trades and Liquidity in the European Carbon Market: More than meets the eye

Kalaitzoglou, I. A. & Ibrahim, B. M., 17 Oct 2019, In : Applied Economics. p. 1-18 18 p.

Research output: Contribution to journalArticle

Carbon markets
Price impact
Trade intensity

Rising corporate debt and value relevance of supply-side factors in South Africa

Machokoto, M., Areneke, G. & Ibrahim, B. M., 3 Dec 2019, In : Journal of Business Research. 109, p. 26-37 12 p.

Research output: Contribution to journalArticle

Open Access
Corporate debt
Value relevance
Supply side
Corporate value

Common Information in Carry Trade Risk Factors

Byrne, J. P., Ibrahim, B. M. & Sakemoto, R., Jan 2018, In : Journal of International Financial Markets, Institutions and Money. 52, p. 37-47 11 p.

Research output: Contribution to journalArticle

Open Access
Stock market
Common factors
Carry trade
Risk factors