The study is based on empirical evaluation of financial statements of Islamic banks of Pakistan. Data sample consists financial statements for the years 2009, 2015, 2016 and 2017 relating to of all four full-fledged Islamic banks in Pakistan. First standard in Islamic accounting standards...

Mobile App based ride-hailing/ride-booking services have now gone mainstream across the world. Pakistan has been no exception. With the arrival of world-class leading companies such as Uber and Careem, followed by other domestic players, the penetration of these services across the major cities...

This study examines the relationship between volatility spillovers in the presence of structural breaks with specific reference to South Asian Capital markets. Global financial crisis of 2007-2009 has compelled policy makers to realize that financial instability has potential to threaten...

The main objective of this paper is to analyze the qualification and competency of a Sharī‘ah auditor in the light of existing Sharī‘ah governance frameworks and standards, i.e., Accounting & Auditing Organization of Islamic Financial Institutions (AAOIFI), Islamic Financial Services Board...

Purpose - The Objective of this study is to provide a comprehensive scenario of the Acquisition of House Financing transaction taken place between Bank Islami and Citi Bank during 2010 in the light of Sharī'ah guidelines. The purpose of this whole complex transaction was to acquire Citi Banks...

Shari'ah governance in Islamic Banking institutions is as essential and significant as corporate governance in modern corporate organizations. It consists of arrangement ensuring the compliance of Shari'ah rules and principles in Islamic Banking transactions. The objective of this paper is to...

Sharī‘ah governance is a unique element of Islamic financial system in which Ulama (Sharī‘ah scholars) play a fundamental role. The Madaris (religious seminaries) are the major source of the education of Ulama. This study will thoroughly analyze and compare the syllabubs of Deeni Madaris...

This study aims to investigate customer satisfaction and economic efficiency of conventional and Islamic insurance industry in Pakistan. A modified SERVQUAL model is used to estimate customer satisfaction by collecting primary data from 179 customers of insurance industry. Economic efficiency is...

A forward looking monetary policy rule has been estimated for the time period from 1991 to 2010 for Pakistan, an emerging economy. The estimated model explains a very clear shift in monetary policy objective across the sample period. State Bank of Pakistan, from 2000 onwards, seems to take...

CAPM with all its controversies is still valid, popular and most used asset pricing model in world. Three major perspectives run among the researchers. The first rejects CAPM completely and the rest two advocates changes but differently. A scrupulous analysis yields that investors care more for...