48. Al-Fat’h/The Victory
I/We begin by the Blessed Name of Allah
The Immensely Merciful to all, The Infinitely Compassionate to everyone.
48:01
a. O The Prophet!
b. Indeed, WE have granted you a victory, an outstanding victory.
48:02
a. So that Allah may save you from blames, earlier and subsequent, if any, and
b. complete HIS Favors upon you, and
c. guide you along the Right Path.
48:03
a. Furthermore, Allah may help you with a strong and unparalleled help.
48:04
a. It is HE WHO sent down the spirit of tranquility and assurance onto the hearts of the believers,
b. so they may increase in faith over and above their present level of faith.
c. And to Allah belong the forces of the celestial realm and the terrestrial world,
d. and Allah is All-Knowing of HIS creatures, All-Wise in HIS actions -
48:05
a. so that HE may admit the believing males and believing females into Paradise through which rivers/streams flow to remain therein forever,
b. and that HE may absolve them of their impieties and sinful trespasses.
c. And that will be a great success with Allah.
48:06
a. And HE punishes the hypocrite males and the hypocrite females alike, and
b. the idolatrous males and the idolatrous females -
c. for they think evil notions about Allah.
d. Their evil is going to come back to them by way of abasement and punishment.
e. Allah’s Wrath is upon them, and
f. HE has cursed them,
g. and has prepared Hell for them -
h. and this is going to be a miserable destination!
48:07
a. And to...
The aim of this paper is to discuss some economic Islamic models given by some prestigious Islamic economists. The Islamic model is one of the examples for international economies in the starting of new millennium. It has its evaluation in the 1970s as an alternate to conventional banking system. The model is based on profit loss sharing and would not be based on interest. The study will focus on the proposed model and will discuss the issues that the model will be supposed to address. It was also address whether the model is applicable to Pakistan economy or not it will also be discussed. As we know that there is dual banking system in Pakistan. In order to make banking system to be truly Islam, there should be legal prohibition of riba. In other words, riba should be made unlawful and whoever deals with it can be prosecuted by law. By prohibiting riba, it will force the bank to be more creative in offering financing products rather than just loaning money. The study will attempt to show the comparison between conventional system and Islamic financial and discusses whether the Islamic system works smoothly on the economy of Pakistan. It also shows that Pakistan should change its dual banking system in Islamic banking system to change structure change. In addition, Islamic financing contract require real activities to be created. There will not be loans to finance extravagance lifestyle which is the source of bankruptcies among the younger generation. It is strongly recommended that Pakistan should enforce truly Islamic financial system to sustain its economy and avoid another economic crisis in the future.
Word-of-Mouth (WOM) is an effective promotional strategy for appealing consumers of fast food restaurants. A lot of consumers choose to receive information through WOM when planning to visit a certain fast food restaurant. Fast food industry is on growing day by day in Pakistan. There are numerous national and international fast food restaurant brands and a rigid competition among them in the country. Purpose of the study is to measure the impact of positive and negative WOM on purchase intention among consumers of fast food restaurants in Pakistan. Also, mediating roles of loyalty and attitude between WOM (i.e. positive and negative Word-of-Mouth) and purchase intention are measured. Convenience sampling technique with a sample size of 254 consumers is applied. A personally administered questionnaire with five point likert scale is used to collect data from consumers. Collected data is then analyzed by using multiple regression analysis via Statistical Package for Social Sciences (SPSS) version 23. Whereas, mediation effects are measured by Preacher and Hayes method. Results revealed that positive Word-of-Mouth (PWOM) has positive and significant impact on purchase intention (PI), loyalty, and attitude whether negative Word-of-Mouth (NWOM) has negative and significant impact on purchase intention, loyalty, and attitude. Other findings showed that loyalty and attitude have positive and significant impact on purchase intention towards a certain fast food restaurant. Study also exhibits partial mediation effect. Academic, managerial, and future implications are also discussed.