In today's complex and uncertain situations and environments throughout the world; the need for strategic planning is widely accepted for smooth and successful operations of all kinds of business organizations. Strategic planning constitutes an important path to successful business operations and...

The paper explains the required return and risk analysis of cement industry in Pakistan to determine the relationship among risk and expected return by capital asset pricing model (CAPM). There are total 18 companies are selected from the cement industry in Pakistan. The secondary data...

This study examines the relationship between corporate governance and technical efficiency of listed commercial banks of Pakistan over the period 2008-2015. The study employs a two-stage methodology. In the first stage, Data Envelopment Analysis (DEA) has been used to compute the technical...

The existing literature on Islamic economics has not undergone any of the processes of verification or falsification. It is mostly restatement of the postulates as found in the Qur'an or hadith. The literature on methodology of Islamic economics is either superfluous, or ambiguous or confusing....

Dr. Fahim Khan's paper critically examines the conventional method of classifying the factors of production into land, labour, capital and entrepreneurship. It offers an alternative method of classifying the factors of production into two main categories, viz., Hired Factors of Production (HFP)...

The paper has taken the existing discussion on the subject a step further. However, to my mind the entire discussion on the subject is somewhat misplaced. It has generated out of a segmented approach to the subject of zakah law and zakah accounting. A different approach would not even raise the...

Muslim economists should rightly believe that they need to develop their own framework for economic analysis of human behavior. This is needed not only to get more realistic insight into the economic behavior of man, but also to understand the divine commandments about the behavior and their...

The paper aims at explaining the need for a starting point for developing an Islamic theory of economics. The paper emphasizes that what is needed is not a ‘theory of Islamic economics' but an ‘Islamic theory of economics'. It is not merely semantics. The paper explains what difference it...