Background: Saving and investment are two of the most important tools for economic growth. The interest rate has always been considered an important determinant of saving and investment. However, according to Islamic teachings, riba or earning interest on saving or investment is forbidden, and...

Succession planning (SP) and employee retention (ER) are mutually reinforcing. Meaning ineffective succession planning leads to turnover, and that would, in turn, make the succession plan ineffective. Hence the big challenge is to find how SP affects ER. For this, we proposed a model explaining...

This paper investigates the relationship between FDI and current account (CA) in Pakistan using the Johansen-Juselius cointegration technique and the Granger causality test. The study results indicate that FDI and CA are cointegrated and thus exhibit a reliable long-run relationship. The Granger...

This study aims to analyze and investigates the factors influencing returns of Islamic and conventional mutual funds in Pakistan. More specifically this study aims to investigate whether macroeconomic and systematic factors affect Shariah compliant Equity, Income and assets allocation mutual...

This study explores the calculation and application mechanism of weightages in profit distribution by Islamic Banks and Windows in Pakistan to identify the factors, which determines the said weightage. Quasi experiments as well as regression analysis are carried out on the three months data of...

There is a huge parallel economy going on in the country, and that economy is financed and managed by alternative system of money exchange and remittance. This sector is largely undocumented and very little has been written on it. By some standard, this sector caters to more than 50% of overall...