Many approaches and tools have been utilized throughout the globe by public and private sector organizations to curtail the deprivations and enhance welfare of the poor. Islamic Microfinance is one of them and is rapidly getting popular in Muslims as well as non-Muslims majority population countries. This study was conducted to gauge the impact of Islamic microfinance on the household welfare of the target clients by observing its impact on health, education, income, expenditures and assets of the poor who took loan from Islamic Microfinance institutions (IMFIs). Study is based on primary data and assessment was made rendering pre and post project approach by employing paired sample t-test and Regressionanalysis as statistical tools. Respondents were selected from three microfinance institutions, namely Akhuwat Foundation, Farz Foundation and NAYMET. Results delineate statistically significant differences in Pre and Post borrowing scenarios in the welfare indicators of the target households. It has been observed that borrowing from Islamic Microfinance institutions has not only significantly raised monthly income; expenditures on food, education and health; and incremented households' assetsbut also surprisingly raised borrowed amount of loan which negatively affected income. This requires some further investigation and it is recommended that practitioners and policy makers must keep IMF on its top agenda to enhanceliving standards of the poor in developing countries.
The purpose of this paper is to find out the impact of Human Resource practices on employee performance. Job embeddedness, Perceived organizational support and Trust were taken as mediators and they were investigated for their mediation effect on the relationship between human resource practices and employee performance. Organizational citizenship behavior and task performance were taken as two dimensions of Employee Performance. Data was collected through questionnaires from faculty members of seven campuses of a Public sector University in Pakistan. Results support that job embeddedness, perceived organization support and trust have partial or full mediation role for Human Resource PracticesPerformance relationship of teaching faculty of Higher Education sector.
Islamic Microfinance (IMF) is an emerging mode for empowering the poor. The current study has been devised to observe the implications of IMF on the assets and poverty status of the households who borrowed from three pioneering organizations i.e. Akhuwat Foundation, Farz Foundation and NAYMAT based in Lahore, Punjab, Pakistan. Pre and post project approach was rendered to observe the impacts of microfinance on the targeted respondents. In this regard, purposive sampling was employed for data collection to avoid randomized error where self-administered structured questionnaires were used for data collection. Foster, Greer and Thorbecke measures of poverty assessment were used to achieve the objectives of the study. Results exhibited positive impacts of Islamic microfinance on the lives of the poor. This study is a contribution in the literature as there is no empirical study about the impact casted by the Islamic microfinance in Pakistan.
Purpose- The primary purpose of the study is to determine the impact of organizational justice (OJ) on employee sustainability. Along with that, it also describes how organizational commitment mediates this direct relationship. This study includes all dimensions of OJ which are distributive, procedural and interactional (interpersonal & informational) within the context of a developing country (Pakistan). Design/Methodology- This study has considered employees working in the banking sector of Pakistan. Two hundred ten questionnaires were received back from employees. Regression analysis was used to analyze direct relationships between variables, while smart partial least squares (PLS) were used for mediation analysis. Findings- Results demonstrated that all hypothesis were accepted and it was also confirmed that organizational commitment (OC) mediates the direct relationship between OJ and employee sustainability (ES). Originality/value- Multidimensional construct of organizational justice was tested in this study, in the context of a developing country (Pakistan), to address the research gap.
Unemployment is a syndrome which is a common feature of all developing nations. Masses are either unemployed or self-employed due to lack of opportunities and distorted public policies regarding employment generation in these countries. Microenterprises financing through microfinance institutions are playing a pivotal role in creating employment opportunities for their target households. This study observes the impact of Islamic microfinance on self, family and community employment generation activities. In this regard, data were collected from 168 clients of three pioneering Islamic microfinance institutions working in Lahore, Pakistan. The study uses descriptive analysis and probability econometric modeling to achieve its objectives. The results show that the Islamic microfinance played a significant role in starting and extending existing businesses of the target households. Moreover, it also helps households and community members to get absorbed in the microenterprises apart from borrowers themselves. Therefore, it is concluded that Islamic microfinance does go beyond self-employability.
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