This study is conducted to understand and document the long as well as short-run equilibrium among important macroeconomic indicators and Equity markets (including Islamic and conventional) in post Shari'ah-screening era in Pakistan. We have included seven macroeconomic variables—inflation,...

This study highlights the issues in the screening process of Sharīʿah-compliant stock universe from Sharīʿah and professional perspectives. We have critically analyzed Sharīʿah-compliance methodologies of selected (eight) institutions in the light of Islamic principles of business....

This study measures and compares the risk and return of the two banking streams i.e. the Conventional banking system and the Islamic banking system. Conventional banking system being the most dominating banking system has its strengths and in its competition Islamic banking has evolved and is in...

This study is conducted to test the linearity between cost of debt and leverage as claimed in 2nd proposition of Modigliani and Miller theorem. Sample size is KSE-30 Pakistan after excluding financial firms. Findings suggest that linearity does not exist between Ke and Kd hence raises questions...

This study documents the literary developments and classifies the literature in the area of Islamic Financial Services Industry (IFSI). Our findings are based on articles published in selected Islamic finance specialized journals for six years (2012-2017). Classification is based on multiple...

Purpose ― This study is conducted to evaluate the role of the prevailing currency systems in achieving (or departing from) the socio-economic objectives of a progressive and just society; i.e., featuring stability and equitable distribution of wealth.Design/methodology/approach ― After...

Zaman and Bulut (2018a) developed a class of estimators for a population mean utilising LMS robust regression and supplementary attributes. In this paper, a family of estimators is proposed, based on the adaptation of the estimators presented by Zaman (2019), followed by the introduction of a...