عقد نکاح میں کفاءت کی حقیقت

Kafa'at is a term used in the field of Islamic jurisprudence which means equivalence and closeness between the expected spouse i.e. Male and female in specific area. So it may be defined as the compatibility or equivalence between the expected husband and his expected wife which have to be adhered to in future. This compatibility standard suggested by Islam is highly effective, that include religion, profession, wealth, lineage, moral and social standard. The Hanafi, the Shaft’s and the Hanbali schools concur in requiring kafa'at in religion (Islam), freedom (i.e. In his not being a slave), profession and lineage. These schools differ regarding kafa'at in wealth. The Hanafi and the Hanbali schools recognize it, while the Shaft’s school does not. The Maliki School do not accept the notion of kafa'at except in religion. The emphases of this Kafa'at are to make the spouse relation pleasant, everlasting and coherences. The alikeness suggested by Islam between male and female is also traditional and logical value which Islam highly encouraged. The hidden philosophy of Kafa'at is to build the relation between the expected spouses more effective and pleasant.

Economic Determinants of International Remittances in Pakistan

The international remittance is one of the important sources of foreign exchange earnings in the country. Recently, Pakistan received over $4 billion as foreign remittances in 2006. The flows of funds through foreign remittances served as a cushion for balance of payment and foreign reserves. The economic determinants of international workers’ remittances and migration in Pakistan were investigated in this research study. The time series data were used to identify the economic determinants of the international remittances and migration in Pakistan for the year of 1973 through 2005. The stationary properties of each time series were investigated and found integrated of order one. The variables of remittances and migration models were established as co-integrated. The real remittances in Pakistan were found positively related with real GDP, real Growth rate and unemployment rate and were negatively related with real wage rate, literacy rate and spread rate of banks in Pakistan. The migration from Pakistan was found positively related with real remittances, inflation and unemployment rate and was negatively related with real wage rate in the country. Based on research results, it seems imperative to introduce financial innovations and create friendly environment for migrant workers to invest in the country. The widening gap of saving-investment can also be bridged through providing incentives on the bank rate and saving schemes.