فقیروں کابھٹو
1968ء یا 69کی بات ہے ذوالفقار علی بھٹو اندرونِ سندھ کے دورے سے اپنے گھر لاڑکانہ واپس جا رہے تھے اور سخت بخار کی حالت میںتھے ۔ان کی گاڑی ممتاز بھٹو چلا رہے تھے شہداد کوٹ اور قمبر کے نزدیک ایک مزار کے فقیروں ،ملنگوں اور درویشوں کو بھٹو کی آمد کا پتہ چلا تو انہوں نے بھٹو کی گاڑی کو وارہ پل کے مقام پر گھیر لیا ۔ممتاز بھٹو نے لاکھ سمجھانے کی کوشش کی کہ بھٹو صاحب کو بخار ہے مگر نہ مانے اور انہیں اپنے ساتھ آستانے پر لے جانے پر بضد رہے ۔ذوالفقار علی بھٹو ان کا مطالبہ مان کر ان کے ساتھ گئے ۔وہاں فقیروں ،ملنگوں اور درویشوں نے بھٹو کو اپنے ساتھ چرس اور بھنگ پینے کی پیشکش کی ۔بھٹو نے کہا آپ چائے پلا دیں ۔اسی وقت ان فقیروں نے گڑ کی چائے بنا کر پیش کی اسی دوران ایک ملنگ نے درباروں والا مخصوص ہار اپنے گلے سے اتار کر بھٹو کے گلے میں ڈال دیا ۔بھٹو تیز بخار کی صورت میں کچھ دیر وہاں فقیروں کے ساتھ بیٹھے اور پھر اجازت لے کر وہاں سے لاڑکانہ چلے گئے ۔
ان فقیروں ،ملنگوں اور درویشوں اوران جیسے کروڑوں لوگوں نے …جنہیں پیپلز پارٹی مدت ہوئی فراموش کر چکی ہے ،آج تک بھٹو کو اپنے دلوں میں بسایا ہوا ہے ۔
The Holy Qur’ān is said to be a book neither in poetry nor in prose; yet it has a unique rhyme with a metrical system peculiar to it. The science of prosody and metrics, which is linked directly to poetry with its two characteristics of meter and rhyme, is based on the inductive study of the formal qualities of the Arabic poetry. The Holy Qur’ān, though not a book of poetry, is far away from the stylistics of prosaic speech in the sense since the terminal-end points of the ayaths (verses) of its each and every surah are rhythmic and follow a metrical system of its own, which phenomenon is significant from the view- point of the science of prosody and metrics. Given this, each and every Surah of Qur’ān has a distinct quality whereby it can be recognized and differentiated from every other surah. Both Islam and the Qur’ān have abstained from going to the extent of putting an end to poetic genius; rather they have encouraged it differentiating good poetry meant for the cause of spreading Islamic message from the bad one that stands against the message of Islam. As regards the Qur’ān, its each and every Surah is dominated by multi-dimensional musical rhythms in synchrony with the total climate of its verses, which makes the listener spell-bound, and which plays an essential function so characteristic of the science of eloquent rhetoric.
This research is related to the examination of the relationship of cash flow and level of investment under high
and low investment opportunities of 167 Pakistani non-financial manufacturing firms listed in the Karachi
Stock Exchange (KSE) during the period 2004-2013. It includes two definite objectives 1) to investigate the
relationship between investment and cash flow under high investment opportunities manufacturing firms
listed on KSE for the period 2004 to 2013. 2) to investigate the relationship between investment and cash flow
under low investment opportunities manufacturing firms listed on KSE for the period 2004 to 2013.Tobin's Q
is employed to capture the investment opportunities and sales are taken as control variable.
A panel data regression model is used to investigate the relationship of cash flow, Tobin's Q and sales on the
level of investment. In case of high investment opportunities firms, the relationship of investment and cash
flow is positive and significant while under low investment opportunities firms, this relationship is also positive
but insignificant.
These results indicate that the high opportunities firms rely mostly on internally generated cash flow where as
the low investment opportunities firms prefer to distribute its earning as dividend.