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88. Al-Ghashiyah/The Overpowering Event

88. Al-Ghashiyah/The Overpowering Event

I/We begin by the Blessed Name of Allah

The Immensely Merciful to all, The Infinitely Compassionate to everyone.

88:01
a. Has the news of coming of the Overpowering Event reached you?

88:02
a. It will be the Time when some faces will be downcast with fear and shame -

88:03
a. having labored in the world only to weariness - with no payback in the Hereafter.

88:04
a. They will enter the Blazing Fire.

88:05
a. They will be made to drink from a boiling spring of extremely high temperatures.

88:06
a. They will have no food other than bitter dry thorns/cactus -

88:07
a. neither nourishing them nor appeasing their hunger.

88:08
a. While, at the same Time, some faces will be blessed,

88:09
a. pleased with their striving for righteousness during the worldly life,

88:10
a. dwelling in Paradise on high,

88:11
a. wherein they shall never hear any absurdity or frivolous talk,

88:12
a. therein will be flowing spring of fresh sweet water,

732 Surah 88 * Al-Ghashiyah

88:13
a. and couches raised high,

88:14
a. and cups set in place,

88:15
a. and cushions lined up behind them,

88:16
a. and rich carpets spread out beneath them.

88:17
a. Will they - who deny the Resurrection - not observe how the camels are created,

88:18
a. and the celestial realm -
b. how it was formed and raised...

مکالمہ و مطالعہ مذاہب کا نبوی منہج

Every Human need Peace. Making peace is a matter of individual and institutional choice, as well as of individual and institutional change. Thus, peace requires a sense of inner conversion (metanoia) a change in policies and practices. Peace-making ultimately requires commitment, courage and sacrifice. Islam proved that Muslims and non-Muslims are all equal as human beings and are equal in human compassion and relation-ship. The teaching and instructions given by Islam with regard to mutual respect and moral excellence are primarily meant for Muslims; however, non-Muslims are also included in it. The Holy Prophet Muhammad. Taught his followers high morals and considerate in dealing with others. The Holy Prophet Muhammad, gave ideas concerning human rights, collective justice, tolerance, and mutual peaceful existence in the internati-onal relations. This article explains about the interfaith dialog according to the Sayings of Holy Prophet Muhammad.

Corporate Governance, Financial Constraints and Dividend Policy: Evidence from Pakistan

Corporate Governance, Financial Constraints and Dividend Policy: Evidence from Pakistan Information asymmetry between insiders and outsiders creates various issues for a firm, such as the agency problem where managers pursue their own interests even at the cost of the wellbeing of the firm’s shareholders and probable external financial constraints where external investors discount risk by causing a surge in the cost of financing. Normally, a firm manages the issues of the agency problem and external financing constraints by omitting or initiating dividend payments. In most existing studies, scholars have focused on the direct relationship between corporate governance and dividend policies and, thus far, they have produced inconclusive and contradictory results. Most probably, these studies have not considered the role of financial constraints in dividend payment decisions. Moreover, the substantial emergence of corporate scams, along with weak regulatory environments coupled with the underdevelopment of the financial sector of Pakistan, has encouraged the study of the aforesaid tradeoff. Therefore, this study investigated the impact of corporate governance on dividend policies in the presence of financial constraints using a sample of 139 non-financial firms listed in the KSE in Pakistan, where a weak regulatory framework generates agency problems and the underdevelopment of financial sector causes financing constraints for businesses. The results reveal that, in Pakistan, dividends are an Outcome of governance practices. As the quality of firm-level governance improves, shareholders are provided with the legal strength to ultimately force firm managersto pay dividends.Along with the agency problem, the availability of external financing is an important factor related to dividend payment decisions in Pakistan. When a company is confronted with the agency problem and financial constraints simultaneously, managers try to avoid costly external financing rather than reducing agency problem. The corporate regulatory machinery of Pakistan completely inherits the characteristics of low efficiency, and as a result, the issue of unsymmetrical firm-level governance practices has emerged. Eventually, the influence of financial constraints on dividend policies also varies across different corporate governance regimes.
Asian Research Index Whatsapp Chanel
Asian Research Index Whatsapp Chanel

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