السلم الاجتماعی: ضرورتہ و مبادئہ فی ضوء الشریعۃ الاسلامیۃ

Islam is a religion of peace and harmony. The Islamic teachings are guarantee of peaceful co-existence. A society which practices Islamic teachings of peaceful co-existence, brotherhood and cooperation makes advancement. Disharmony and non-tolerance causes societal decline. The article focuses the importance of peaceful co-existence in light of the Islamic teachings. Besides discussing the principles of societal peace mentioned in the holy Qur’an and Hadith, it has been elaborated that how these principles can be applied to achieve and maintain societal peace and order in contemporary times. The articles ends with some guiding principles and details as suggested in the Qur’an and Sunnah. A Muslim society can prosper only by adopting these principles in letter and spirit and resultantly their differences will be a thing of past. These guiding principles are as under: § Justice and Equality. § Guarantee to rights of all segments of society. § Abiding the rulers in lawful. § Promulgation of Islamic Sharia and observing its objectives. § Adopting moderate and balanced approach in religious matters. § Discharging the duty of preaching in light of Qur’an &Sunnah. § Cooperation in righteous &lawful and avoiding conflict. § Performing citizenry duties in light of Islamic Teachings. § Participating in reformative activities of society.

Determinants of the Performance of Automobile Industry from 1995 to 2010-A Case Study of Pakistan

The study was primarily a quantitative and causal research. Its basic objective was to find out the nature and degree of macroeconomic factors that influence the performance of automobile industry in Pakistan from 1995 to 2010. The independent variables included per capita Gross National Income, Inflation Rate, Exchange Rate, Discount Rate, Unemployment Rate, Consumption Rate and Foreign Direct Investment. A sample of 10 firms was selected to explore the influence of macroeconomic variables on the performance of the firms and industry. The performance of the automobile industry was represented by Annual Sales, Annual Profit, Return on Assets, Return on Equity and Net Profit Margin. The impact of selected predictors was explored on five dependent variables of the industry. For this purpose, regression and correlation analysis was conducted to see the impact of macroeconomic variables on the performance of entire automobile industry. The panel data analysis revealed that Foreign Direct Investment was the most influential factor. In addition to this, Consumption rate, Discount rate and Unemployment rate also influenced the performance of automobile industry. Besides the analysis of entire industry, the impact of macroeconomic variables on the performance of individual firms was also studied. The analysis showed that the performance of all of the selected firms was influenced by one or more variables. Foreign Direct Investment appeared to be the most influential factor that helped improve the performance of firms in terms of sales and profitability. Other influential elements were Exchange rate, Consumption rate, Discount rate, Per Capita Gross National Income and Inflation rate. However, Unemployment rate appeared to be insignificant as its effect was almost negligible on the progress of individual firms. Therefore, this was concluded that the selected macroeconomic variables had significant impact on the performance of automobile industry in Pakistan from 1995 to 2010.