آہ !مقیم الدین فاروقی
ماہ ستمبر ۱۹۹۷ء میں کمیونسٹ پارٹی آف انڈیا کے سکر یٹری جناب مقیم الدین فاروقی دل کا دورہ پڑنے سے انتقال کر گئے۔انا ﷲ وانا الیہ راجعون۔
مرحوم فاروقی بڑے ہی ملنسار اور ہمدرد ِقوم انسان تھے۔مفکرِ ملّت حضرت مفتی عتیق الرحمن عثمانیؒ کے زبردست معتقد تھے ان کے پرستار تھے۔یہی وجہ ہے کہ کمیونسٹ پارٹی میں رہنے کے باوجود انہوں نے کسی بھی مذہب اسلام مغائر حرکت کو نہیں ہونے دیا۔ مسلم پرسنل لاء کے معاملے میں ان کے خیالات اپنی پارٹی سے بالکل مختلف تھے اوروہ اس معاملے میں اس آل انڈیا مسلم پرسنل لاء بورڈ کے موئد تھے جس کے سربراہوں میں حضرت مولانا عبدالماجد دریاآبادی، مفکر ملّت حضرت مفتی عتیق الرحمن عثمانی ؒ،حضرت مولانا سعید احمد اکبرآبادی، حضرت مولانا امیر شریعت منت اﷲ رحمانی ؒ جیسے اکابرین کانام گرامی رہا ہے۔ اورجس کے موجودہ کرتا دھرتا حضرت مولانا سیدابوالحسن علی ندویؔ دامت برکاتہم کااسم مبارک نمایاں ہے۔ایم فاروقی بیشک کامریڈ تھے لیکن اندرسے وہ پکّے مسلمان تھے۔ان کادل و دماغ اسلامی تعلیمات سے منور وسرشار تھا ۔غریب پرور اوررحم دل تھے دوسروں کے کام آناان کااصل مقصد تھا۔
اﷲ تعالیٰ سے دعا ہے کہ مرحوم کی لغزشوں کودرگذر فرما کران کے ساتھ رحم وکرم کامعاملہ فرما ئے اوران کی مغفرت فرما کرمقامِ رحمت میں جگہ عطا فرمائے۔ اٰمین ثم اٰمین۔ [م۔س۔ب، ستمبر ۱۹۹۷ء]
Peace has always been a fundamental need of humanity and social beings. Despite of all the worldly, scientific and materialistic progress in almost every domain of life, eternal peace is missing. Peace education is a process of achieving peace, at personal, inter-personal, national and international levels, through education, focusing on promoting universal brotherhood, fraternity, global citizenship and the culture of peaceful co-existence. This article aims to institutionalize peace education and culture at secondary government schools of Lahore, Pakistan. A questionnaire focusing on peace education and inculcating of peace culture was used for data collection. The data revealed peace education is implicitly taught but it is not practiced in schools and hence, is not part of school curriculum. Also peace culture-related activities are missing in the school curriculum and there is a dire need of such activities.
The Relationship Between Corporate Governance and Firm Value: Role of Discretionary Earnings Management Corporate governance practices help in enhancing firm value by effectively monitoring the managerial decisions as well as reducing the level of information asymmetry and agency problem between empowered managers and dispersed minority shareholders. The present study investigates the relationship between corporate governance and firm value for the developing economy of Pakistan. The study has also taken into consideration the moderating role of discretionary earnings management in corporate governance-firm value relationship, which is considered to be a relatively ignored research issue in corporate finance literature. In addition to focusing on individual mechanisms of corporate governance (i.e. audit, board, compensation, ownership), the present study has also constructed a composite corporate governance index to investigate the role of effective corporate governance in mitigating earnings management and enhancing firm value. The data of 208 firms listed at Karachi Stock Exchange for a time period of 2004- 2011 has been used for analysis and accounting, market and economic measures of performance have been used as firm value. The study finds that corporate governance plays a vital role in enhancing firm value in long as well as short run. Constitution of internal audit committees as an effective internal audit system is essential for the enriched progress of a firm. The monetary incentives and compensation paid to the top executives motivates them to work in the best interests of the company which increases not only short term accounting value of firm but also long term market and economic value. The findings reveal that discretionary earnings management practices by corporate managers damage the firm value in long term and it could be mitigated by effective corporate governance mechanisms. Moreover, this value damaging role of discretionary earnings management negatively moderates between effective corporate governance and firm value. Firms with earnings manipulation weakens the impact of effectiveness of governance system and leads to lower firm value. Finally, the study suggests some practical implications based upon the findings for investors, policy makers and manager.