A Sharʽiah Analysis of ʼijāra as a Financing Mode in the wake of Parallel Banking System of Bank of Khyber

The only religion Islam provides the thorough layout for human beings not only covers the spiritual needs but also shaped the materialistic desires in a better way. The most important aspect among all is the availability of proper, smooth flowing and practical financial system as it involve almost in all fields of life. Looking at the current situation and fast growing industry, Islamic Banking System emerged as solid and firm scheme for optimum utilization of finance in full conformity of Shariʽah. ʼijāra is one of the modes frequently used in Interest free banks. The Bank of Khyber claims as Parallel Banking System i.e. It practicing conventional Banking as well as Islamic Banking System. This study emphasis on analyzing the practice of ʼijāra as a financing mode in the wake of Parallel Banking system of Bank of Khyber in the light of Sharʽiah teachings and to portray the real picture of it to enhance the level of satisfaction of customer.   

Effect of Newly –Fangled Organizational Structures with Knowledge Management as Moderator on Employee Performance.

Organizational structure plays an important role in knowledge management as well as on performance. This study tried to find the effect of organizational structure on employee performance and knowledge management as moderating effect on the relationship. The research data was obtained by survey method from five major sectors, i.e. banking sector, educational sector, Textile exporters, IT sector and Research in Pakistan. The questionnaire based survey was taken from 3 Banks, 3 academic institutions, 3 IT sector organizations, 3 public sector universities and 3 research institutes. The sample was based on 90 employees of banks, 90 employees from government based educational organizations, 90 from textile sector , 90 employees from software houses and 90 from research institutions in February 2013. Total sample size was 450, out of which 352 employees responded correctly. The main data analysis methodology in this study was hierarchical regression. The research model includes knowledge management capability, job performance, and organizational structure with an interactive term OSKM. With the result of the study, knowledge management capability was positive with job performance, and organizational structure was positive with the relationship of knowledge management capability and Employee performance.