According to Islamic jurisprudence, ar-rahn can be described as the detention of the pledge to the creditor or the seller in securing his debt or fulfilling his right. However, Muslim jurists differed in determining the nature of ar-rahnu contract. The

Effectiveness of Signaling Theory in Pakistan- testing the relationship between current dividend and future profits Author: Misbah Iqbal Institute of Business Management Abstract The importance of dividend policy has always been a topic of discussion amongst academicians. Many authors continue...

This study reports the views of European fund managers and investors on dividends. Specifically, the study uses semi-structured interviews with twenty participants and analyses their responses concerning the role of dividends in the stock screening process; the perceived relationship between...

Wealth maximization is the main objective of a business firm. One of the instruments to achieve that goal is dividend policy. However, dividend policy is also considered to be timelessly complicated as managers have to alternate between new investment decisions and wealth distribution to...