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...

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...

This paper is a presentation of a lecture delivered in a seminar at Bahria University. It includes a brief introduction of interest free banking in Pakistan. It includes constitutional obligations and court decisions

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 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 paper documents the issues of earnings manipulation and their likely impact on sharia based financial system. Methodology includes thorough literature review, analogy and basic document interpretation for conclusion. Findings suggest earnings management is likely a cause of lesser...

This study is conducted on Tobacco sector companies listed on stock exchange in Pakistan. Application of capital assets pricing model is tested. Data is collected from 2004-07 listed on KSE. Beta calculated through co variance of security with market. Findings raised question about the validity...