ASIAN Journal of International Peace & Security (AJIPS) <p class="aboutus-text"><strong>ASIAN Journal of International Peace and Security (AJIPS)</strong> is an <strong>HEC recognized (Y category) </strong>quarterly [since 2021, previously biannual (2020 and annual 2017-2019)] double-blind peer-review research journal of the <strong>Foundation for Advancement of Independent Research and Learning for International Peace and Security (FAIRLIPS).</strong> The foundation aims to promote independent research and learning, both indispensable for securing international peace and security.</p> <p class="aboutus-text">The journal endeavors to advance the mission, principles, aims, and objectives of the foundation. It believes in the principles of strict adherence to objectivity, impartiality, and neutrality as well as access to truth and its transmission. Its main aim is to supplement the foundation’s objectives particularly: to create, promote and disseminate knowledge, and; to provide researchers from all over the world especially from the developing states such as Pakistan and other regional countries a forum to help publish their research on fast track basis.</p> Foundation for Advancement of Independent Research & Learning for International Peace & Security (FAIRLIPS) en-US ASIAN Journal of International Peace & Security (AJIPS) 2707-8809 China’s Policy towards Taliban-Ruled Afghanistan <p>Historically, China's relations with Afghanistan encompasses more than seven decades<br>of bilateral relations. From 2014 onwards, a significant shift was reflected in the<br>diplomatic relations from a less-engaged diplomatic stance to a far active engagement.<br>However, in the wake of US forces’ withdrawal and the Taliban recapturing of Kabul,<br>China’s foreign policy conduct towards Afghanistan has become a strange puzzle, which<br>needs to be deeply studied and explored. China’s tacit recognition and tactful dealings<br>with the Taliban regime demand a thorough analysis. Therefore, the objective of the<br>present research is to analyze China’s foreign policy behavior towards Afghanistan<br>under Taliban regime. To get in-depth analysis, this study has applied descriptive and<br>analytical research design and has used the qualitative data collection and data analysis<br>tools and techniques. The major findings of the research show China’s visible but a<br>slight tilt towards Taliban since the latter took control in Afghanistan in August 2021.<br>The study concludes that the major characteristic of the current China’s policy towards<br>Afghanistan is a “cautious yet engaged” policy posture, primarily due to the strong<br>interplay of core security challenges and economic interests, respectively.</p> Rashida Anis Saira Aquil Copyright (c) 2023 ASIAN Journal of International Peace & Security (AJIPS) 2024-01-01 2024-01-01 7 4 1 13 Liberal World Order and Global Security Governance: Analyzing Its Impact On the Global South Through a Case Study of Afghanistan <p>This article attempts to understand the nature of global security governance in the<br>context of relations between the West and the global South under liberal world order.<br>To do this, it asks a simple question: what the global security governance seeks to<br>secure and from whom and what to secure? Focusing on these question, this study<br>engages critically with theory and practice of liberal internationalism. This critique is<br>informed by insights from critical theory of Rober W. Cox, post-structural theory of<br>Markus Kienscherf and postcolonial theory of Alexander D. Barder. This study is<br>mainly qualitative and analytical. Besides secondary sources such as books, research<br>reports and articles etc., primary sources such as declassified documents of United<br>States government available online, as well as various reports by international<br>organizations, and, interviews from Afghan students studying in Pakistani universities,<br>have been used for this study. Using US-led twenty-year war in Afghanistan, this article<br>shows that in global security governance, under liberal world order, races and<br>civilizations of global South are considered as existential threats to the West which are<br>dealt with policies that contradict rules of liberal world order claimants.</p> Muhammad Saeed Farhan Hanif Siddiqi Copyright (c) 2023 ASIAN Journal of International Peace & Security (AJIPS) 2024-01-01 2024-01-01 7 4 14 26 Sukuk Market Development and Macro-Economic Factors: Empirical Evidence from Pakistan <p>This study is an attempt to find out the association between macro-economic variable<br>and Sukuk market development in Pakistan. Macro-economic variables are considered<br>as the mainstay for the development of Sukuk markets. Therefore, the scope of this<br>study is to find out the association between macro-economic variable viz. gross<br>domestic product, inflation, exchange rate, trade openness and Sukuk market<br>development in Pakistan. This research work is carried out by employing, explanatory<br>research design and utilizing the secondary data to assess the relationship between<br>Sukuk market development and macro-economic variables in Pakistan. Consequently,<br>VECM technique was used to assess this relationship for the period of 15 years from<br>2008-2022. The findings of this study demonstrated that only two variables i.e. GDP<br>and exchange rate have shown significant relationship with Sukuk market development<br>in the short-run. However, in the long-run all variables i.e. GDP, exchange rate and<br>trade openness, except inflation have shown significant relationship with Sukuk market<br>development in Pakistan. The results of this work may instigate the policy makers to<br>step-up with such innovative strategies, which can provide conducive growth for<br>macro-economic variables, and, consequently, lead to flourish the development of<br>Sukuk market in the country.</p> M. Razwan Sheikh Faiz-ur-Rahim Copyright (c) 2023 ASIAN Journal of International Peace & Security (AJIPS) 2024-02-15 2024-02-15 7 4 27 37