Risk Management in Islamic and Conventional Banks: A Differential Analysis

Islamic banking is interest-free banking which makes it necessary for Islamic banks to take active part in the operations of the business, i.e. share profits as well as losses. Banks including Islamic banks prefer to take minimum risk. On the surface, it may seem that Islamic banks face more risk and hence, will have more volatile or even negative returns on their assets. This paper analyzes the risk management procedures of Islamic banks by giving a differential analysis of risk management discussing only the unique characteristics of risk management in Islamic Banking. The usual credit assessment procedures and BASEL are not discussed. This paper looks at the comparative performance of Islamic banks and conventional banks by using ROE as the benchmark.Risk management, commercial banking, Islamic banking, price risk, Risk mitigation

An Empirical Study of Pakistan's Economic Growth under Inflation

The purpose of this paper is to find out the inflationary impact on the growth of Pakistan’s economy. There are two main objectives, firstly whether the inflation has positive or negative impact on the GDP growth and secondly, at which threshold level of inflation the growth of economy of Pakistan will be positively or negatively affected. Keywords: Growth; Inflation; GD

Green Consumption: The Emerging Trend among Karachi Millenials

Pakistan has been perceived as a “Green and Clean” country. Karachi is Metropolitan city of Pakistan and it is assumed that ecological awareness among Consumers in Karachi is high. However, there is little empirical verification to put forward that the ecological values and attitudes are congruent with the consuming public’s actions towards green products. In addition, a good number of studies have focused on the general ecological behavior instead of specifically on consumers’ purchasing conduct towards green products. The aim of this research is to investigate the emerging trend of green consumption among the people of Karachi. The study found that, as the individuals get older they become more conscious about the green consumption. If people are more inclined towards betterment of environment, the consumption pattern bring round towards sustainable products. The study also found that; as education level and income level increase, it is negatively affecting the green purchase behavior. At the end study found that females are more conscious than males to show the behavior of ecological concern. Keywords: Green Environment; Millenials; Ecological concern; green consumption; sustainable products

OCCUPATIONAL PSYCHOLOGY IN HIGHER EDUCATIONAL INSTITUTIONS: A STUDY IN PAKISTAN

The work engagement and job burnout are rapidly emerging areas in research on human resources management and occupational psychology in Pakistan. This study is conducted to investigate and estimate the work engagement its relationship with organization commitment and burnout among the faculty of higher education institutions. The population for this study comprised faculty members of higher education institutions employing approximately 100 or more than 100 faculty members. All the male and female faculty members working in different departments are included in the sample of the study. In this study, convenient sampling method applied to collect the data. UWES (Utrecht Work Engagement Scale), MBI-GS (Maslach Burnout Inventory-General Survey) and organizational commitment scale. The relationship between the dimensions and the study constructs are significant. All the dimensions of burnout are significantly and negatively predicting work engagement among the respondents. Two dimensions of work engagement are positively and significantly predicting organizational commitment among the respondents. Two dimension of burnout are negatively predicting organizational commitment among the respondents

The accuracy of three-dimensional bladder ultrasonography in determining the residual urinary volume compared with conventional catheterisation

Abstract OBJECTIVE: To determine the accuracy of three-dimensional bladder ultrasonography (US, using the BVI 3000, Verathon, WA, USA) for determining the residual urinary volume, compared with the conventional catheterisation method. PATIENTS AND METHODS: We conducted a cross-sectional study at day-care unit of a University hospital after obtaining approval from the Ethics Review Committee of the hospital. Thirty-four patients with lower urinary tract symptoms requiring cystometrography were included. The postvoid volume was measured by bladder US, with three readings taken, and then patient was catheterised using a 12-F Nelaton catheter to measure the urinary volume. The mean of the three readings was compared with the catheterisation volume. RESULTS: The mean (SD) urinary volumes by US and catheterisation were 261 (186) and 260 (175) mL, respectively, and the correlation (r (2)) was 0.97. There was no effect of age, gender or body mass index on the accuracy of bladder US, which was accurate even when the urinary volume was ⩽100 mL. CONCLUSION: The bladder US estimate is as accurate as catheterisation for determining the postvoid residual urinary volume. Its accuracy was also comparable when the urinary volume is \u3c100 mL, and there was no significant effect of age, gender and body mass index. This system could replace the more invasive catheterisation, and with excellent accuracy

Late presentation of posterior urethral valves

ABSTRACT Presence of posterior urethral valves (PUV) is the most common cause of urinary tract obstruction in the male neonate. Late presentation occurs in 10% of cases. We present a case of PUVs in an adult male who presented with history of obstructive lower urinary tract symptoms and hematuria. On evaluation, he was found to have raised serum creatinine level. A voiding cystourethrogram (VCUG) could not be completely performed because of narrowing in the posterior urethra. A rigid urethrocystoscopy was performed at which he was found to have type-I posterior urethral valve which were fulgurated. A repeat uroflowmetry revealed maximum flow rate of 12 ml/second. This case highlights that PUVs is not solely a disease of infancy but may also present late. VCUG is the radiological investigation of choice but the diagnosis may be missed. A urethrocystoscopy is advised if there is a high index of suspicion

THE ROLE OF PUBLIC INSTITUTIONAL SUPPORT FOR GLOBALIZATION OF PAKISTANI COMPANIES

This study explors the assistance of government institutionsthrough technical capacity-building and financial assistance toward global expansion of Pakistani companies in different sectors. Many companies globalize their operations to enhance their export trade share in the world market. In Pakistan, Ministry of Commerce (MoC) and Trade Development Authority of Pakistan (TDAP) uphold them in various ways. This exploratory probe employs interviews from MoC and TDAP. The feedback is cross checked from globally operating/ expanding companies from top-five export sectors in Pakistan including textile, leather, rice, seafood, and wheat. The findings indicate that the role of public bodies remains limited and undermined

Spontaneous rupture of pyonephrosis leading to pyoperitoneum

Forniceal rupture after pyonephrosis can lead to retroperitoneal abscess but extension into peritoneal cavity is unusual. We present a case of 50 year old lady who presented with acute abdomen, CT scan of abdomen showed features suggestive of left pyelonephritis and large intraperitoneal collection. Laparotomy was planned on suspicion of intraperitoneal source of sepsis. Peroperatively no intraperitoneal source of sepsis was found. Retrograde pyelography showed forniceal rupture at lower pole of kidney extending to peritoneal cavity without any obstructing stone or lesion. This case highlights an unusual presentation of pyonephrosis with peritonitis and pyoperitoneum

HR Personnels Perception for the Importance and Success of Social Networking Sites Integration in Recruitment

Today in the period of globalization when everybody and everything appears to be associated over the globe through the progressive improvement in the field of information technology. In the present-day business world, the utilization of the Internet has turned into an integrated and fundamental tool. Consistently an ever-increasing number of organizations arrive at the digital or virtual sphere by making their organization LinkedIn profile, Twitter account, as well as a Facebook page. The purposive, nonprobability sampling technique utilized for the current study. The sample of 203 Human Resource personnel selected from private and public limited companies. All of the HR personnel’s are serving in Karachi based private and public limited companies. All respondents are power users of Social Networking Sites in the recruitment process as well as the traditional recruitment process as predefined criteria of the study. The beneficial aspects are found out by this inquiry which may lead the awareness among HR personnel’s and companies as well that the most worthy sites for the recruitment practice are LinkedIn, Indeed.com, Rozee.pk, and Facebook