ضرورة تبني الأدب الإسلامي في عصر المادة الحديث ودور الأديب المسلم في نشره

Our current Islamic literature must adapt the post modem literary trends so as to make it more readable and reader-friendly. It is this optimizing and modernizing trendstylistically that would enhance the worth and readability of Islamic literature. The present article is an effort to review the reader friendly formats for Islamic literature so that it may become more inspiring.

Determinants of Individual Investor's Behavior and Their Impact on Investment Decision

The stock market in Pakistan is highly volatile and sensitive for unexpected shocks. In this market, the role and importance of individual investors and their trading behavior is also very critical. But there is always an environment of uncertainty and lack of information. Furthermore, the investment policies are formulated keeping in view the interests of institutional investors only. So, it becomes impossible for the individual investors to take decisions depending upon their own personal resources and complex statistical data. Therefore, the individual investors resort to other non-statistical gadgets and try to make rational decisions relying on non-statistical gadgets that are related to their behavior and psychology. In this study, the researcher has investigated the importance of these non-numeric factors for individual investors' investment decision making. The purpose of this study is to examine these determinants of individual investor's behavior as well as the influence of these determinants on the individual investor's decision. This is a quantitative research based on analytical and descriptive lines. Regression Analysis is used to determine the relative importance of each behavioral factor. This study bears great significance in recognizing the importance of heuristic and behavioral tools for investment decision making. This research is a contribution in the research paradigm from the view point of the policy makers also. It will play a significant role at the time of formulation of policies for institutional investors and regulatory bodies such as Securities and Exchange Commission of Pakistan and at the same time retaining the interests of individual investors.