Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal International Journal Administration, Business & Organization Priviet Social Sciences Journal
Khan, Mian Muhammad Ajmal
Unknown Affiliation
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Islamic finance and ESG: Panel analysis of sustainability in OIC countries Khan, Mian Muhammad Ajmal; Munir, Ayesha
Priviet Social Sciences Journal Vol. 5 No. 11 (2025): November 2025
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v5i11.765

Abstract

This study investigates the relationship between Islamic finance development and environmental performance in ten Organisation of Islamic Cooperation (OIC) countries from 2010 to 2023, focusing on the moderating role of governance quality. Using the Environmental Performance Index (EPI) as a composite measure of sustainability, we employ fixed-effects panel regression models to test whether a higher share of Islamic finance in national banking sectors is associated with improved environmental outcomes and whether governance quality strengthens this relationship. Contrary to prevailing theoretical expectations, the results reveal a persistent and statistically significant negative association between the Islamic finance share and environmental performance across all model specifications. Governance quality shows a modest, positive direct effect on environmental performance, but fails to moderate the Islamic finance environment nexus in a statistically significant way. GDP per capita consistently negatively influences EPI scores, indicating a growth environment trade-off, while foreign direct investment remains insignificant. These findings challenge the assumption that Islamic finance is inherently aligned with environmental goals and highlight the need for targeted policy interventions, such as explicit environmental screening in Shariah governance, development of green Islamic finance products, and integrated sustainability mandates that the sector contributes meaningfully to environmental sustainability in OIC countries.
Governance and Compliance in PIA: A Risk-Based Framework for Achieving Financial Sustainability Khan, Mian Muhammad Ajmal; Ahmed Mehmood Qureshi; Tooba Zaheer
International Journal Administration, Business & Organization Vol 6 No 3 (2025): IJABO
Publisher : Asosiasi Ahli Administrasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61242/ijabo.25.576

Abstract

Pakistan International Airlines (PIA), founded in 1955, once symbolized national pride and success. However, after experiencing years of prosperity, it has unfortunately descended into one of Pakistan's most financially struggling enterprises, facing immense losses. This study explores the challenges that have led to the decline of Pakistan International Airlines (PIA), once a leading state-owned enterprise, focusing on management, financial oversight, and compliance issues. By applying Governance and Management theories, the research reveals how the lack of proper governance has deeply affected PIA’s economic health and day-to-day operations. Through mixed methods, quantitative data analysis, and comparative studies of PIA's financial performance from 2013 to 2023, the study highlights concerning patterns such as persistent losses, unpredictable revenue growth, and an unsustainable debt ratio. It finds that political influence, poor leadership appointments, and the absence of strong GRC processes have all played a significant role in PIA’s struggles and damaged its international standing, particularly after the 2020 fake pilot license scandal. In contrast, Emirates and Turkish Airlines have thrived globally by integrating effective ESG and GRC strategies into their operations. The findings emphasize that for PIA to regain its financial stability, comply with international standards, and compete on the global stage, comprehensive improvements in governance are necessary. This includes prioritizing professionalism, listening to stakeholders, strengthening risk management practices, and embracing ESG principles to foster long-term success.
Co-Authors Ahmed Mehmood Qureshi Munir, Ayesha Tooba Zaheer