تعلیم نسواں
علم جہاں پہنچتا ہے اندھیرے سے نکال کر روشنی میں لے جاتا ہے ،ظلمت سے ضیاء کی طرف روانگی ہو جاتی ہے، جہالت سے شعور وآگہی کا سفر شروع ہو جاتا ہے۔ علم ایک ایسی دولت ہے جو انسان کواوجِ ثرّیا تک پہنچا دیتی ہے۔ علم ایک ایسازینہ ہے جس سے معرفتِ الٰہی کے محل کی طرف رسائی ممکن ہے۔ علم کے زیور سے مرصعّ شخص معاشرے کے ماتھے کا جھومر ہوتے ہیں۔ علم کی حقیقتوں سے آشنائی ایک عظمت ہے اس طرح عورت علم کے زیور سے مزیّن ہوگی تو معاشرہ سنور جائے گا۔
مردوں کی بھی تعلیم ضروری تو ہے مگر
پڑھ جائے جو خاتون تو نسلیں سنوار دے
تعلیم نسواں سے مراد عورتوں کی تعلیم ہے۔ مردوں کی طرح عورتوں کے لیے بھی حصول علم بہت ضروری ہے۔ عورت اور مرد زندگی کی گاڑی کے دو پہیے ہیں۔ ان دونوں پہیوں کا صحیح ہونا بہت ضروری ہے۔ ورنہ زندگی کی گاڑی ٹھیک طرح سے چل نہ سکے گی۔ کوئی قوم اس وقت تک ترقی نہیں کرسکتی جب تک اس قوم کی عورتیں زیورِ تعلیم سے آراستہ نہ ہوں۔
نبی کریم صلی اللہ علیہ و آلہٖ وسلمکا ارشاد ہے کہ’’ علم حاصل کرنا ہر مسلمان مرد اور عورت پر فرض ہے۔‘‘ اس حدیث مبارکہ سے مرد اور عورت دونوں کی خاطر علم کی اہمیت واضح ہوتی ہے۔ آپ صلی اللہ علیہ و آلہٖ وسلمنے اپنی تعلیمات سے آگاہی کے لیے عورتوں کے لیے بھی ہفتے میں ایک دن مقرر کیا تھا۔ اس کے علاوہ ازواجِ مطہرات بھی عورتوں کو دین کی باتیں سکھایا کرتی تھیں۔ دانائوں کا قول ہے کہ’’ ایک مردکی تعلیم ایک فردکی تعلیم ہے، جبکہ ایک عورت کی تعلیم ایک خاندان کی تعلیم ہے‘‘ عورت کی آغوش ہی بچے کی پہلی درسگاہ ہے۔ یہ جو کچھ اپنی ماں...
Religion is the cradle of human civilization and will always be a core influence in determining the trends, outlooks and progression of our society, which inevitably confronts questions and issues with religious undertones. As the world becomes more multi-religious and multi-ethnic, however, there is a seemingly diminished respect for the diverse existence of faiths and ethnicities, and more concerns rise towards this new threat to peace, which can be seen in the form of religious hatred, persecution, and conflicts often involving physical violence. This rising hostility, which has become a prolonged, unstable social factor, in all manifestations is an obstacle to peace. According to the different religious scholars of the semitic and nonsemitic religions it is recommended that religion plays a vital role to save the humanity. For this purpose many scholars recommend a religious alliance and unity for the whole universe as we can prevent the violence against humanity. In this paper the different views of the scholars in favour of religious alliance while the stance of Islamic Sharia has been discussed in detail as well.
The purpose of the study is to investigate the changing dynamics of validity of CAPM in the wake of its di erent models. For this study various existing models have been selected and transformed to measure the cost of equity for both emerging and developed markets. In addition, industry risk premium as suggested by extant literature is examined empirically in a comprehensive setting. Although prior literature suggests incorporating industry risk premium in the CAPM framework, but no empirical evidence is currently available in this context. For the purpose, aforementioned, the study gathers monthly data for six emerging and six developed countries from the year 2000 to 2017. Fama-Macbeth cross sectional regression is applied for calculation of estimators which is a proposed methodology to test the validity of di erent risk factors for capital assets pricing framework by the contemporary literature. Results suggest that overall local, global, downside, hybrid and industry adjusted betas signi cantly explain the average variations of stock returns in both emerging and developed markets. So it is recommended to employ CAPMs, which have originated in the developed markets for the estimation of cost of equity in developing markets and the other way round after required modi cations. Results for Local CAPM are validated for Pakistan, India, and South Africa from emerging markets and Germany and Japan from developed markets. Furthermore, results for Global CAPM are validated for Pakistan and Russia from emerging markets and Canada, Germany and Japan from developed markets. While UK and USA report a signi cant negative relationship between global beta and stock returns. Results for Downside CAPM are validated for Pakistan and India from emerging markets and for Canada and Japan from developed markets. Results for emerging risk premium for the Hybrid model are signi cantly positive for Pakistan market while industry risk premium is signi cantly positive for Pakistan, India, China and Brazil from emerging markets and for Canada and Germany from developed market. Although the issue of non-linearity and signi cance of unsystematic risk (residuals) persists.Conclusively, CAPM is still a viable solution in determining cost of equity for most of the stock markets. Further, Extended CAPM formulated in this study is noted more sophisticated in assessing the cost of equity as compared to rest of the models. In nutshell, this study o ers a comprehensive insight for corporate manager,- nancial analysts, policy makers, and individual investors for estimation of cost of equity. It also o ers the dynamics of cost of equity in multiple country''s setting, that provide an insight for global investors, FPI holders and local and global mutual fund managers to align their investment decisions in this regard.