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October 2018 - Mushwara

Monthly Archives: October 2018

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How to Select a Business Partner

How to Select a Business Partner

When you start the new business there is a major problem how to select or find out the person who will be good for you as business partner especially when you are entrepreneur and going to do new experiences to establish his own business setup. We need to note/observe some necessary characteristics for a good and competent partner. This is the stage when you are going to perform such things which you did not experienced before, so selection of the

Double Entry System of Accounting

Double Entry System of Accounting

Why We Need Double Entry System: Each business transaction involves two aspects i.e. whenever a transaction occurs, the business will obtain something and at the same time it will be losing some other thing.For example, if a business purchases a computer system for Rs.25,000, it will affect the business in two ways and so two accounts will be hit.Firstly, a computer amounting to Rs.25,000 will be added to company’s assets and secondly,cash (another asset) will be decreased by the same amount

Divorce Laws in Pakistan

Divorce Laws in Pakistan

A marriage is a social and legal contract which createswedlock between husband and wife. In Islamic law, the sanctity of marriage is honored much. Affection and wellbeing is the base of this relationship if the same is not being maintained the parties may seek the dissolution of the marriage which is called divorce (talaaq). In Pakistan, Islamic jurisprudence regulates the institute of marriage. Divorce is a mode of dissolution of the contract of marriage. This can be done by both parties;