The book is about interaction of Islamic modes of financing with prevailing business practices. As Islamic financing promote sharing in profit and loss so the calculation and depiction of true profit is essential for implementation of Sharia based Financing. In this study I have highlighted the...

This study is conducted to test the impact of two fundamental values (FCF & EPS), depicted through financial reports, on security prices. Sample includes all nonfinancial firms listed in KSE-30 Index and covers 9 years period 2000-08. Valuation of securities done through discounting of free cash...

This study is conducted to evaluate suitability of existing business environment in Pakistan for application of sharia based financing. Opinion survey of finance professionals, Islamic Bankers, entrepreneurs and academicians is conducted through questionnaire. Findings suggest number of hurdles...

The purpose of this empirical study is to analyze and compare the performance of Islamic and conventional banking in Pakistan and to find out which of the banking stream is performing better than other. For this study, sample of 22 conventional banks and 5 Islamic banks were selected. For...

Islamic banking has shown tremendous growth in the first decade of 21st century. By the end of 2011, global volume of assets under Islamic finance has reached to US$ 1,289 billion. In Pakistan, Islamic banking has displayed a tremendous annual average growth of 76% during the last seven years...

Islamic banking has shown tremendous growth in first decade of 21st century. By the end of 2008, global volume of assets under Islamic banking has reached to US $ 951 Billion. In Pakistan Islamic banking has displayed a tremendous average annual growth of 76% in last seven years and covers 6% of...

This lecture was delivered in ICMAP Islamabad [February 12, 2013], ICMAP Lahore [March 2014] and IFAP-FSM [March 2014]. It includes following subtopics: Why Islamic Finance? What are the principles of Islamic finance? What are features of Islamic banking? How Islamic banking developed (a brief...

As per definition of efficient market hypothesis (EMH), there is a need that stock prices should reflect all available information in the market and no investor is able to earn excess return on the basis of some secretly held private, public or historical information. Efficient market hypothesis...

Islamic finance has shown tremendous growth in last two decades. By the end of December 2008, in more than 50 countries approximately 300 institutions are operating and they manage funds of US $951 billion. As IFIs are entering into equity market for investment hence guidance in the field of...

Islamic Banking is growing at a rapid speed and has showed unprecedented growth and expansion in last two decades in spite of mismatching of existing financial framework and business practices. By the end of 2012 volume of assets under Islamic finance has reached to US $ 1,460 Billion with...