Islamabad has always denied US allegations that it harbours militants that attack Afghanistan. Khan’s trip to Washington comes as an Afghan peace process gains momentum…
This case serves as a useful backdrop for discussing a few important conceptual frameworks in the field of finance. The dilemmas are still evolving for Sharīʿah-compliant…
This case serves as a useful backdrop for discussing a few important conceptual frameworks in the field of finance. The dilemmas are still evolving for Sharīʿah-compliant asset management company (AMC); i.e. Al Meezan, and may seem complex to the students – particularly in the Pakistan’s financial structure – but framing the discussion from a market perspective ought to help the students of finance.
This case study focuses on Al Meezan Investment Management Limited (Al Meezan) journey since inception. Al Meezan is a full-fledged Sharīʿah-compliant AMC and one of the major players in the mutual funds industry of Pakistan. Al Meezan offers a comprehensive range of Sharīʿah-compliant investment solutions especially designed to meet the financial goals of their existing and potential clients. The case study covers all the key events before the inception of Al Meezan, from late 1990s till March 2020. The case is based on interview with chief executive officer (CEO) (the protagonist) of Al Meezan. The case also covers various challenges faced by Mohammad Shoaib, CEO and his senior team, to make Al Meezan a vibrant institution offering Islamic financial services.
Complexity academic level
This case is aimed at undergraduate students in their final year (i.e. taking electives in the field of Finance/Islamic Finance) or graduate students majoring in Finance/Islamic Finance.
Teaching notes are available for educators only.
CSS1: Accounting and Finance.
Outlook for Pakistan-China security relations.
Pakistan's ties with Saudi Arabia.
Outlook for bilateral relations.
This study examines the new venue of moving illegal wealth from Pakistan under the umbrella of China–Pakistan Economic Corridor (CPEC). The study first discussed the…
This study examines the new venue of moving illegal wealth from Pakistan under the umbrella of China–Pakistan Economic Corridor (CPEC). The study first discussed the features of CPEC in short and how it may bring stability and a new phase of development in the region and also in Pakistan. The review of related literature has suggested that previous studies are more focused on the advantages of CPEC and are almost neglecting the cons of the said project. Later, the research puts light on the problem of money laundering from Pakistan through CPEC and related trade transactions; Walker’s Gravity model has been used to calculate the attractiveness of money laundering. It has highlighted that China’s attractiveness for moving illegal wealth from Pakistan is increased in recent years; the risk of an increase in the amount of money laundered is also analyzed through the Fan Chart technique. Attributes which are making China more attractive for Pakistani wrongdoers are also discussed. The study aims to conclude that if the problem of money laundering will be addressed properly, the CPEC will play a vital role in bringing stability in Pakistan.
This study uses a descriptive and quantitative approach. This study uses the Walker’s Gravity Model updated by Unger et al. (2006) to measure money laundering in Pakistan. A newly developed technique for forecasting that is Fan Chart has been used to predict the trend of China’s attractiveness for money laundering as a preferred destination from Pakistan.
The study finds out that China is already increasing its ranking as a favorite destination for money laundering from Pakistan. Fan Chart analysis suggests that the attractiveness score will be increased.
The study helps in highlighting the problem of increase in money laundering from Pakistan through China under the umbrella of CPEC.
To the best of the authors’ knowledge, there is no study found on the topic of the problem of money laundering linked with CPEC, and this is the first effort to point out the problem.
This study aims to fulfill the research gap by suggesting an appropriate and adaptable e-government (e-gov) maturity model for Pakistan not just in the abstract pattern…
This study aims to fulfill the research gap by suggesting an appropriate and adaptable e-government (e-gov) maturity model for Pakistan not just in the abstract pattern relatively but also in a practical solution assured by the industry experts.
The qualitative research approach using key informants from the public sector domain; furthermore, e-gov performance artifacts were verified by the citizens through the process of focus group interviews.
The major finding of the study is the development of e-gov maturity model with implementations artifacts in proposed stages as follows: availability, interaction, integration, transactions and public participation.
This study contributes a qualitative meta-synthesis in the field of e-gov maturity models and could support researchers who are in a quest of knowledge and references to develop new maturity models for their specific countries by providing them with useful resources for further investigation and study.
This maturity model will strengthen the argument that the e-gov services are necessary for the acceptance behaviour of the citizens and the prosperous public administration by the Government in Pakistan. This research strengthens the science-policy interface that has prevented governments from delivering changes on the ground to the public, and it will also identify diversified opportunities for the e-gov sector that can reverse the lack of investment in this domain.
The study intends to provide directions to policymakers for the development of e-gov services for the citizens. Additionally, the public value of e-gov can be better understood in the form of citizens’ expectations from the government and this model will integrate public participation in the development of e-gov service.
The public value of e-gov can be better understood in the form citizens’ expectations from the government through this maturity model, furthermore, it can be recommended that the government can improve the relationship between the citizens and the state through the use of information and communication technologies which will strengthen the democratic process in Pakistan.
The geopolitical scenario in South Asia has of course assumed a new dimension at least in three fields: ethno-cultural, strategic configuration and psychological. In the…
The geopolitical scenario in South Asia has of course assumed a new dimension at least in three fields: ethno-cultural, strategic configuration and psychological. In the ethno-cultural field, South Asia has become highly volatile and explosive. In most of the states of South Asia, ethno-cultural conflicts exist: for instance, in Sri Lanka where the LTTE militant group is engaged in a bloody warfare vis-à-vis the Sri Lankan State; in Pakistan Shia-Sunni conflicts and the Mohajir Qaumi movement for autonomy; and in India the religious fundamentalism due to the rise of Hindutva that has created a panic among minority groups like Christianity. In Nepal, the Communist Party (ML) is indulged in the worst kind of political violence. These trends show the upper hand of ethno-cultural elements in the geopolitical setting of South Asia.
Academic freedom and the right to express one’s views in higher education (HE) are important for faculty and students alike, so enabling intellectual integrity and professional autonomy. However, this might not be the case for female academics in countries where females are marginalised, and their opinions are dominated and limited by the society and culture. Gender inequality and how it negatively influences the opportunities available for females to progress is a universal issue; however, although initiatives designed to tackle this problem are being seen to result in gradual improvement internationally, particularly in industrial countries, the situation in developing countries remains a concern. In developing countries, women tend to be either absent from many organisations or exist at the margins of organisational life with the result that they have fewer opportunities for development or career progression. This has a negative impact on the growth and development of a country at national level, particularly when there has been investment in female education from an earlier stage. It would seem that this certainly is the case in Pakistan where cultural norms intertwine with organisational politics thus militating against female employees. The experiences and issues discussed in this chapter highlight the social barriers faced by female academics in HE that have a significant impact on their academic freedom and expression.