حضرت ہندہ رضی اللہ عنہا سے متعلق تاریخی روایات کا تحقیقی جائزہ

Some Historians have blamed on Hadrat Hind (R.A) that she mutilated the corpse and chewed the liver of Hadrat Hamza (R.A), which is the cruelty of a specific group of the opponents of Companions. But the Text Book Board of KPK has included exactly these narrations in the curriculum of Urdu compulsory of fifth class. Firstly, this incident was happened before accepting Islam, and when she accepted Islam then there is no blame can be raised upon her on this incident. But definitely, these narrations impact the mind of children. It was necessary to test the authenticity of these narrations before including in curriculum. In this article, some Historical narrations regarding Hadrat Hind (R.A) have been chosen, and some authentic narrations from Ahadith Books have been presented in order to reject these Historical narrations in a scholarly manner.

Measurement of the Performance of Islamic Financial Institutions: An Evaluation and Analysis

Performance of banking sector is critical for the functioning of the financial system of a country as it ultimately casts impacts on economic stability and growth. Islamic banking has become substantial component of financial structure of many Muslim and non‐Muslim countries. Islamic banking in Pakistan has won remarkable market share in just a few years. While failure of conventional banks in western world has caused economic crisis in those economies, Islamic banks have proved to be robust due to their profit and loss sharing mechanism. This study is an attempt to analyze performance of Islamic banks in comparison of their conventional counterparts. This study does not apply a single performance evaluation method. It rather addresses several dimensions of performance using multiple methods like Ratio Analysis, DEA, Malmquist Index and Regression. Performance of Islamic and conventional banks is compared using parametric and non‐parametric statistical tests of significance. This study conceptualizes performance as combination of efficiency and effectiveness. Total Factor Productivity change is further decomposed into subcomponents. Tobit regression is applied to estimate determinants of change in efficiency, effectiveness and performance. This study analyzes 2004 to 2009 financial data of all the Islamic and conventional banks working in Pakistan. However, to find out determinants of profitability this study analyzes the quarterly data of Meezan Bank, which is the pioneer full‐fledged Islamic bank of Pakistan. Islamic banks outperformed conventional banks in terms of financial ratios of capital adequacy, asset quality, liquidity, asset turn over and risk. However, performance of conventional banks has been higher in terms of DEA scores of efficiency and effectiveness. Although both the types experienced decline in TFP Malmquist index, yet no significant difference in performance pointed out. Bank specific factors cause variation in efficiency whereas market specific and macroeconomic indicators affect effectiveness significantly. Liabilities, capital, overhead expenses and earning assets have positive impact on profitability. Deposits, service income and financing are inversely related with profitability of Islamic banks.