مطبوعہ پاکستانی مصاحف سے متعلق چند فنی مسائل کا جائزہ

Error-free printing of Qur’ānic Text is a collective duty of all Muslims. The fact remains that Muslims have performed this duty with devotion and rightly. They also arranged sittings to discuss "Rasm" and " Ḍabt"(رسم اور ضبط) to understand the crux of matter and provide an expression to the most authentic text. No Muslim can intentionally commit any kind of mistake in the text of Qur’ān. However, such possibilities of error cannot be denied due to negligence and inadvertency. The Ministry for Religious Affairs has made it obligatory for all the printing institutions of Qur’ānic text to follow the model of the Qur’ānic manuscript, produced by Anjman Ḥimāyat-e-Islām, yet many Qur’ānic manuscripts with errors are present in the market. Such manuscripts are not only present in some mosques, but also recited. It causes problems in recitation of those verses and might changing the meaning of them. This article points out such scriptures and errors, so it can be identified and to take steps for preventive measures for such errors in future. This article also suggests some policies and strategies for publishing of Qur’ān for avoiding misprints errors.

Impact of Fundamental Measures on Dividends: Evidence from Non-Financial Firms Listed at Pakistan Stock Exchange

This study examines the insight dynamics of factors affecting dividend payout in the context of Non-Financial firms listed at Pakistan Stock Exchange (PSX) in KSE-100 Index. Through observation, 66 firms were identified from 18 sectors of Non-Financial firms that have been paying the regular dividend in the past 6 years (2009-2014). In this study, a complete business cycle has been encompassed for reader?s view. Key explanatory variables were identified on the basis of prior literature (Dividend Payout, Cash Flow on Total Assets, Debt to Equity, Profitability, and Liquidity) and one which has not been studied before and considered significant is Free Cash Flow to Capital Expenditure. For econometric analysis of the data, Multivariate Regression Analysis was considered as a most appropriate tool. Descriptive statistics of data under study described its normality. In empirical analysis, Housman and BPLM tests declared random effect exist in the panel data. Moreover, data was found free from contemporaneous correlation, multicollinearity issue, and autocorrelation but the issue of heteroscedasticity has been found. Results of the study revealed that free cash flow to capital expenditure, debt to equity, net profit margin and current ratio are significantly impacting the dividend payouts. However two measures are insignificant that are cash flow to total assets and absolute liquidity ratio. These results suggest that Managers of the listed firms in Pakistan Stock Exchange (PSX) should aim to increase the meaningful cash flows to capital expenditure for the profitable projects that would yield high profits to firms, this will lead to high dividend and improve the investors? confidence.