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Home > The Role of Microfinance in the Context of Islamic Banking: A Study of the Products Offered by Banks in Pakistan

The Role of Microfinance in the Context of Islamic Banking: A Study of the Products Offered by Banks in Pakistan

Thesis Info

Access Option

External Link

Author

Rashid, Mahboob-Ur-

Program

PhD

Institute

University of Peshawar

City

Peshawar

Province

KPK

Country

Pakistan

Thesis Completing Year

2012

Thesis Completion Status

Completed

Subject

Management Sciences

Language

English

Link

http://prr.hec.gov.pk/jspui/handle/123456789/1266

Added

2021-02-17 19:49:13

Modified

2024-03-24 20:25:49

ARI ID

1676725130780

Similar


This research was conducted to find out the impact of microfinance programs, in the context of Islamic banking. To achieve this objective, a sample of one hundred (100) respondents was chosen randomly, which consists of highly qualified employees working in financial organizations, such as the top management of these organizations. Four types of variables were examined in the data collection process. The first type was dependent variables that included transformation of the Microfinance institutions and the Islamic financial institutions. Holistic time frame, coordination among groups and resources were acting as Moderating variables. The third set of variables examined was the intervening variables. Intervening variables included growth model of microfinance and Islamic banking practices. The last set of variables, which included the accounting practices used by these organizations, conventional banking, microfinance institutions and the awareness level in the community, are considered as independent variables. The results show that, time span of organization in Islamic banking, organizational success, offerings of microfinance services and the reasons for not exploring their potential in microfinance are all significant in their effects. Similarly the necessity of awareness programs, technological change, assistance from other MFIs, designing new accounting procedures are all statistically significant in its effect. Moreover, the impact of microfinance under the Islamic banking on improving the poor’s standard of living, equitable distribution of wealth and increasing employment opportunities are statistically significant. Similarly, integrating IMF within Islamic banking operations is also found to be statistically significant in its effect, because both have the same guiding rules. Similarly training and capacity building program were found significant, for the success of Islamic banking. Further results of the study show that less number of the people is trained in this respect. It is recommended to train the existing and future employees for success of IMF and integrate IB & MF, which will also help in equitable distribution of wealth in the society. xviiKey words: Islamic Banking (IB), Microfinance (MF), Islamic Microfinance (IMF), Conventional Banking, Organizational transformation, Training and Capacity building.
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حسن پرستی ساڈا شیوہ۔۔۔

حسن پرستی ساڈا شیوہ، ماریا دم حضوری دا
فائدہ توں اٹھا نہ سجناں ساڈی ایس مجبوری دا
دودھ تاں پانی پایا ملدا، پوڈر وی ہن پایا اے
بھانویں لکھ پئے خالص لیے دودھ ہن کالی بوری دا
عاشقاں دے نال کیوں نہیں کردے بندے سوہنے باتاں
کوئی تاں حل ہن کرنا پئے گا مسئلے اس مزدوری دا
واعظ مینوں عشقوں روکے آکھے پڑھ صلواتاں نوں
مطلب میں ایہہ سمجھ نہیں سکیا، اوہندی گل ادھوری دا
جتھے یار نیں روٹیاں لائیاں اوتھوں روٹی کھانی ایں
بھانویں پھلکا ہکو دے دے مینوں اوس تندوری دا
پڑھ درود کروڑ سلاماں ہر دم ذات محمدؐ تے
ایہو ذکر خدا ملائکہ، خاکی، آبی، نوری دا
کر کر زُہد عبادتاں تھکے، یار نہ ملیا جا کے مکے
جیہڑے عشق دی بازی جتے، انھاں قرب حضوری دا

Admissibility of a Video As Evidence in a Court: its Presentation and Probative Value

To general public, all videos are perceived to be true, but they may not have probative value in the Court of law. The undertaken article analyzes the admissibility and probative value of a video presented as evidence before a court in the Criminal Justice System of Pakistan (CJSP). It analyzes the relevant law and diagnoses the problems with the video evidence through the lens of the judgments of Superior Courts. The court of law objectively ascertains that a video presented as evidentiary means bears significant relevance to the fact in question. It must be admissible under the law, and it must be proved to be genuine. To fill up the gap between a “Video” and a “Video Evidence”, there is a process, which is known as video authentication. It determines that the video contents are genuine, authentic, credible, unaltered, untampered and unfabricated. The study discusses various modes of video authentication. Precedents set by superior courts of Pakistan show that convictions have been made once the courts are satisfied with the credibility of video evidence. In the court of law, video evidence is normally presented after the completion of prosecution evidence. The video is played in court and is watched by the presence. But the researcher establishes that such process does not have legal justification. The article suggests that it would be legal and proper for the prosecution to produce the video evidence through the witness, during his evidence, who is either victim, witness, recorded and/or copied the video directly from original source such as C.C.T.V system and that witness would be subjected to cross examination.

Formulation, Characterization and Evaluation of Controlled Released Semi Solid Dosage Forms for Transdermal Drug Delivery from Various Extracts of Ephedra Herba, Hedera Helix L and Thymus Serpyllum L.

Asthma is reversible inflammatory airway disorder in which several cells and cellular elements plays greater role. In Pakistan this disease is very prevalent. No remedy is available for asthma. In allopathic medicines, generally corticosteroids are used to treat asthma. Many herbal remedies are available worldwide which gave very good results but their scientific evaluation and validation in asthma is almost nil. Three herbal plants namely Ephedra, Hedera helix L. and Thymus serpyllum L. are found to be very popular by local people as remedy for asthma in Pakistan. Mostly used as herbal tea and paste for inflammation. In the current research study, these three plants were selected and their extracts were prepared by hydroalcholic and steam distillation process. These extracts were phytochemically screened. The antioxidant activities and IC50 values were measured. The free radical scavenging activity of Ephedra, was 90.08% ± 1.37, Thymus serpyllum L. 80.9% ± 0.5 and Hedera helix L. 78% ± 0.3. Extracts were qualitatively and quantitatively analyzed by TLC, HPLC and UV-spectrometer. The extracts were selected for three topical formulations containing microemulsion, gel and ointment. In-vitro diffusion (flux) was checked by Franz diffusion cells. Effect of dialysis cellulose membrane and natural rabbit skin on the release of medicaments was also analyzed by using Franz cells. The flux, Jss (µg/cm2/h) for microemulsion, gel and ointment of Ephedra on dialysis cellulose membrane and natural rabbit skin were 1.346, 0.79, 0.656 and 0.70, 0.76, 0.641 respectively, For Hedera helix.L. The flux for microemulsion, gel and ointment on dialysis cellulose membrane and natural rabbit skin were 5.10, 4.02, 2.80 and 4.10, 3.10, 1.40 respectively. For Thymus serpyllum L. the flux for microemulsion, gel and ointment on dialysis cellulose membrane and natural rabbit skin were 7.10, 5.02, 3.80 and 6.10, 4.12, 2.40 respectively. The stable formulations were also selected for further characterization including rheological studies, FTIR, XRD, Zeta size and Zeta potential. It was observed that all preparations were significant staistically; with little variation from one another. For in-vivo studies, HPLC analytical methods were developed and validated under ICH guidelines. The in-vivo studies were performed on rabbits. The Pharmacokinetic parameters i.e. Cmax (µg/ml), Tmax (h), AUC (µg/ml) and MRT (h) were analyzed. For topical microemulsion and gel, Cmax were 27.53 µg/ml, 39.12 µg / ml of pseudoephedrine, 70.22 µg /ml, 75.26 µg /ml of hederacoside C and 35.33 µg /ml, 42.13 µg /ml of thymol respectively. For marketed oral syrup, Cmax values were 251.11 µg /ml, of pseudoephedrine 90.11 µg/ ml, of hederacoside C and 95.23 µg/ml of thymol. Maximum plasma concentration for optimized microemulsion and gel was 6 hours for pseudoephedrine 2 hours for hederacoside C and 3 hours for thymol (same values for both formulations). Plasma concentrations of marketed oral syrups were 2 hours, for pseudoephedrine 1 hour for hederacoside C and 2.0 hours for thymol. Area under curves for microemulsion and gel were 418.76 µg/ml/h, 529.81 µg /ml /h, for pseudoephedrine 492.83 µg/ml/h, 613.10 µg /ml /h for hederacoside C and 396.72 µg /ml/h, 498.44 µg /ml /h, for thymol respectively. Areas under curve for oral syrup were 985.35µg/ml/h, 329.58 µg/ ml /h, and 277.96 µg/ml/h for Pseudoephedrine, hederacoside C and thymol. Mean residence time for microemulsion and gel were 14.81 hours, 12.06 hours, 10.03 hours, 12.95 hours and 12.15 hours, 11.36 hours for Pseudoephedrine, hederacoside C.and thymol respectively. Mean residence time for commercially available syrup were 3.85 hours, 4.05 hours and 9.41 hours for Pseudoephedrine, hederacoside C.and thymol Results of all pharmacokinetic parameters were significant (P < 0.05). It is concluded that topical herbal formulations have greater bioavailability as compared to conventional syrups. Thus It has proved that transdermal formulations prepared using these plants had good bioavailability properties in blood plasma. It is further concluded that these traditional herbal formulations were successfully developed, characterized in formulated in to enhanced transdermal drug delivery systems. The sustainability was improved from 6 hours for all formulation to 24 hours.