The study aims to empirically investigate the applicability of the downside risk based Capital Asset Pricing Model (CAPM) for four south Asian countries e.g. Bangladesh, India, Pakistan and Sri Lanka. Fama-MacBeth methodology is used for monthly data from January 2007 to December 2017. The results partially supported the predictors of the model for all the four equity markets and can be concluded that the downside risk based CAPM better suits the emerging equity markets. All market players may be benefited with the results concluded in the study. The region have large similarities and the setup of the equity markets is also quite identical, making them suitable for an integrated stock market.

Financial crisis shows the ambiguous role of the corporate governance system. Hence, the main purpose of this paper is to assess the impact of corporate governance on Non-performing loans of the banking industry of Pakistan. The time period selected from 2006 to 2016 and source of data is annual reports of respective banks and the World Bank. In order to explain the relationship between the governance system and non-performing loans used descriptive, correlational and panel data analyses. The results revealed a negative and significant effect of corporate governance on nonperforming loans of sample firms of the study. Therefore, suggested for the banking industry of Pakistan to implement and make sure their reports according to corporate governance code compliance to control non-performing loans.

Pan Islam in Sindh played a vital role as a radical wave of the time. First World War was an outcome that significantly awakened Indian Muslims during the Ottoman Collapse. It aimed to unite Muslims of the world under Ottomans' rule against Westernization, promoting the followers of Islam converting to Pan-Islamic sentiments. Besides, Pan-Islamism and actual Islam differ to the core in concepts and even played a role in the historical events that unfolded in the Indian Subcontinent,which emerged as a parallel movement to the Indian Khilafat movement. Moreover, the research paper aims to analyze the role of Pan-Islamism in Indian politics with special reference to Sindh during the Ottoman dissolution, the Muslim Pious Saltant. Hence, the present study's findings would unlock the lanes for investigators, literate, disciplined, and others. Lastly, the proposed research underpins accentuating the contemporary history works on account of modern Sindh, the British colonial period.