Political factors

Macroeconomic factors significantly influence a country's economy and financial markets, thereby playing a pivotal role in the development of financial products. The PESTEL framework serves as a comprehensive analytical tool to examine the impact of political, economic, social, technological, environmental, and legal factors in identifying opportunities and threats for financial product development. This study utilizes the PESTEL model to analyze the impact of macroeconomic factors on the evolution of financial products and explores the associated opportunities and challenges. The research investigates macroeconomic factors such as interest rates, inflation, economic growth, political stability, societal changes, technological advancements, growing environmental consciousness, and regulatory frameworks. Data were collected from reliable secondary sources and analyzed using qualitative content analysis. Findings indicate that political stability and government support for financial innovation can foster the development of new products. Conversely, political instability and unexpected regulatory changes pose significant threatsto financial firms. Economic conditions like interestrates and economic growth exert a substantial influence on market demand and access to capital. The results suggest that lower interest rates and economic growth create favorable opportunities for financial product development.Furthermore, evolving consumer needs and preferences, coupled with technological advancements, particularly in fintech, are transforming financial processes and customer experiences, enhancing efficiency, and improving customer satisfaction. Additionally, the increasing focus on environmental issues has driven demand for green and sustainable financial products. This research recommends that financial managers and policymakers analyze and understand these factors tocapitalize on emerging opportunities and mitigate risks by adapting to environmental and technological changes. Future research can delve deeper into the intricate relationships between these factors through a more international perspective

In Afghanistan, theology forms a crucial component of the nation's cultural and societal identity, having been influenced by various political and social changes. This review article investigates the historical progression and present-day status of theology in Afghanistan, emphasizing pivotal historical periods such as the communist era, the Mujahideen governance, the Taliban governance, and the era of the Republic. It scrutinizes attempts to reconcile religious traditions with educational modernization, employing a qualitative-historical methodology. The research seeks to comprehend the shifts in theology and suggests recommendations to harmonize it with modern societal requirements. Despite the scarcity of literature, this study establishes a foundation for understanding the ways in which theology impacts Afghanistan's educational policies. By examining the evolution from 1973 to 2021, it underscores how political, social, and ideological factors have molded the substance and approaches of theology, thereby shaping Afghanistan's national identity and cultural growth. Significant fluctuations can be observed in the position, content, and teaching methods, as well as the application of theology during this period, which have directly influenced the national identity, as well as the social, and cultural development of Afghanistan. Religion and theology have been perceived as tools for gaining and maintaining power or as obstacles to the influence of power for the governments of Afghanistan over the past fifty years.