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Seven water-based sports to try in the UAE


  • English
  • Arabic

Water sports are often associated with hotel kids’ clubs and summertime activities. Luckily for us adults, water sports are more than just a fond childhood pastime, but rather another way to keep in shape. The US Centers for Disease Control states that just 2.5 hours of aerobic physical activity a week, such as swimming, can decrease the risk of chronic illnesses. It has also been reported that people enjoy water-based exercise more than exercising on land. What’s more, water-based sports are typically low-impact, making them ideal for those who are looking to avoid injury, or currently recovering from one. Whatever you enjoy, be it sailing or stand-up paddling, we round up some of our favourite water-based sports in the UAE.

Sailing: Think of sailing and the image that comes to mind is likely to be something that resembles a Ralph Lauren advertisement. However, for all its poshness and exclusivity, at the very core of it, sailing requires strength, agility and the ability to make decisions at a moment's notice. Hoisting of the main sail – or jib – requires the use of your arms, core and legs. And the windier it is, the more demanding this task becomes. Pulling lines can really work wonders for your hand-eye coordination and motor skills, increasing your agility and flexibility. Even something as basic as walking around the top deck – particularly if the sea is choppy – will require core strength to prevent yourself from falling overboard. Equipment is minimal and boats are typically rented. Comfortable clothes should be worn along with closed-toed, non-marking, non-slip trainers. A life jacket will also be required, although this is typically provided when renting a boat. And while boating is physically demanding, there is a reason it's often associated with the likes of the Kennedys and other high-flying figures: it's expensive. Ignoring the fact that buying a boat can set you back more than Dh80,000 – and that's for a small vessel – a two-day beginner course at Watercooled Dubai (www.watercooleddubai.com) starts from about Dh1,750. Still, those who are looking to learn will find several sailing clubs and courses throughout the UAE. Try the Dubai Offshore Sailing Club (www.dosc.ae) and the Abu Dhabi Sailing & Yacht Club (www.adsyc.ae).

Swimming: If you're worried about your joints or are recovering from an injury, why not consider swimming? Both relaxing and low-impact, swimming builds endurance and tones your muscles. It also keeps your heart rate up, improving your overall cardiovascular fitness. There is a variety of strokes that work different parts of your body, from the freestyle to the more advanced butterfly stroke. Luckily, swimming is a relatively cheap sport, requiring only a few pieces of equipment. Investing in a well-made, properly fitting swimsuit – particularly for women – is a must, while goggles and a swim cap should be worn to protect your eyes and hair from the chlorine. These items are available in just about any sports shop, from Go Sport (www.go-sport.com) to Sun & Sand Sports (www.sunandsandsports.com) and even name-brand stores such as Adidas (www.adidas.com/middle-east). Those who are new to the sport or need to brush up on their skills will find a number of swimming classes throughout the UAE, often available through local gyms. Fitness First members in Abu Dhabi and Dubai can take advantage of classes with group courses starting from Dh60 for members and Dh75 for non-members. The Arabian Swim Academy (www.arabianswimacademy.com) in Abu Dhabi offers adult swimming courses while Sports Life UAE (sportslife-uae.com) in Dubai offers 45-minute sessions for adults, based on any level.

Dragon boat racing: While it might sound like something out of Game of Thrones, dragon boat racing is a great way to meet people, engage in healthy competition and, best of all, keep fit. An activity that originated in China about 2,500 years ago, the actual sport involves teams racing one another in boats with dragon heads placed at the front. Typically there are 20 individuals in a boat and one "drummer" – the individual who keeps the pace. Because the boat is human-powered, dragon boat racing is a particularly good core workout and helps increase your strength, endurance and coordination – rowing in time with the rest of the team takes a lot more concentration than one would imagine. Aside from the boat and paddles, the equipment you'll need is pretty basic. Typically participants wear short-sleeved shirts and shorts made from synthetic fibres – to wick away moisture – and sunglasses and a hat. Here in the UAE we even have an organisation dedicated to dragon boat racing. The UAE Dragon Boat Association (www.dubaidragonboat.com) is the official governing body for the sport throughout the Emirates. Those interested in participating can find out about teams and upcoming events around the region on the association's website.

Stand-up paddling (SUP): When the likes of Cameron Diaz and Jennifer Aniston are spotted participating in a fitness trend, you know you're on to something good. Stand-up paddling, or SUP, as it is commonly called, is one of the newer ways of keeping fit in the water, and has gained the attention of celebrities and fitness gurus. Requiring a mix of balance – to keep yourself up on the board – and strength – to use the paddle to propel yourself – it's understandable why so many people are looking to SUP for obtaining that enviable six-pack and lean back. A great core workout, SUP also works your leg muscles and is a low-impact exercise, making it particularly great for runners who suffer from shin splints, knee or hip pain. And while on the surface it might seem like you're not doing much, you're actually burning an impressive 500 to 1,000 calories an hour. Want to really challenge yourself? Why not try SUP yoga? You've not had a challenging fitness experience until you attempt the astavakrasan yoga pose (eight-angle pose) on top of a floating board. Equipment is minimal, requiring only a bathing suit – the board and paddle are available for rent with each session. In Dubai, check out RIVA Beach Club's (www.riva-beach.com) express and group lessons with Ignite Fitness & Wellness, starting from Dh125 plus Dh85 for board hire. In Abu Dhabi, check out Abu Dhabi Stand Up Paddle (www.abudhabisup.com), which offers a 12-month membership, priced at Dh300.

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Kayaking: Typically associated with hard-core outdoor enthusiasts and summer months spent at camp, kayaking is a great way to keep fit and an increasingly popular activity in the UAE. Much like other water sports, kayaking helps to improve your cardiovascular fitness levels. You'll also find an increase in muscle strength, particularly in the back, arms, shoulders and chest, due to moving the paddle. And while sports such as SUP and dragon boat racing require only that you move the paddle side to side, with kayaking, your entire torso rotates as you power the kayak. The equipment list is a bit longer – and pricier – than with other water sports. While you'll need the standard bathing suit or synthetic shorts and T-shirt, a life vest and, if you're going out on your own, a kayak with a paddle are also necessary. The kayak alone can set you back anywhere from Dh1,100 for a basic model up to Dh11,000 for something more advanced. Luckily, most of the places that offer kayaking in the UAE also offer reasonably priced kayak and paddle hire. While there are a few places offering kayaking in Dubai (Water Sports Dubai and Seayou), Abu Dhabi, in our opinion, is the place in the UAE to go kayaking, mainly for the routes through its beautiful Mangrove National Park. There are several companies to choose from, including Al Mahara Diving Center (www.divemahara.com), X-Ventures (www.x-ventures.ae) and Noukhada Adventure Company (www.noukhada.ae).

Wakeboarding: If the idea of strapping two legs to a plank of wood and projecting yourself down a snowy mountain at full speed or taking on a giant wave with nothing more than a waxed board appeals to you, then wakeboarding should be your next fitness adventure. A blend of snowboarding and surfing, wakeboarding uses a wide board and two rubber bindings to keep your feet on the board so that you can steer. And much like surfing and snowboarding, wakeboarding is physically and mentally demanding. Improving flexibility, arm and leg strength, and reaction times, wakeboarding also improves hand-eye coordination and mental concentration – lose your focus for a moment and you'll find yourself in the water. If you intend on venturing out on your own, you'll need a board and bindings. Usually sold as a package, the board and bindings can cost anywhere from Dh1,730 to Dh2,570. Those in Dubai who are serious about taking up wakeboarding should check out Xtreme Wake UAE (www.xtremewakeuae.com). Offering a two-day, one-night package, the experience includes two 30-minute sessions per day, equipment and accommodation, starting from Dh850. In Abu Dhabi, Al Forsan International Sports Resort (www.alforsan.com) offers lessons and sessions starting from Dh125.

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Kitesurfing: Dubbed by some as the most extreme of water sports, kitesurfing has become increasingly popular around the globe over the past decade. The sport requires the use of a small surfboard with straps with the rider powered along by a large kite. Helping to develop arm and leg muscles, kitesurfing also boosts hand-eye coordination, strengthens hand muscles and refreshes and energises the mind, thanks to the combination of open air and the fast-paced nature of the sport. The kite and board can be rented, although for those who intend to take to the waters on their own, be warned: much like kayaking, it's not cheap. The kite alone can set you back as much as Dh3,850. However, for those who wish to take lessons or would prefer to rent their equipment, there are plenty of places around the UAE to do so. Kitesurfing UAE (www.kitesurfinguae.com) is your one-stop shop, with branches in Dubai and Abu Dhabi, offering lessons, rentals and equipment for sale. You can even combine kitesurfing with SUP with either a four- or six-hour package, starting from Dh200, with a minimum of six participants.

Points tally

1. Australia 52; 2. New Zealand 44; 3. South Africa 36; 4. Sri Lanka 35; 5. UAE 27; 6. India 27; 7. England 26; 8. Singapore 8; 9. Malaysia 3

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%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

TWISTERS

Director: Lee Isaac Chung

Starring: Glen Powell, Daisy Edgar-Jones, Anthony Ramos

Rating: 2.5/5

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The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%203.0-litre%20six-cylinder%20turbo%20(BMW%20B58)%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20340hp%20at%206%2C500rpm%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20500Nm%20from%201%2C600-4%2C500rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20ZF%208-speed%20auto%3Cbr%3E%3Cstrong%3E0-100kph%3A%3C%2Fstrong%3E%204.2sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20267kph%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh462%2C189%3Cbr%3E%3Cstrong%3EWarranty%3A%3C%2Fstrong%3E%2030-month%2F48%2C000k%3C%2Fp%3E%0A
The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Profile of Foodics

Founders: Ahmad AlZaini and Mosab AlOthmani

Based: Riyadh

Sector: Software

Employees: 150

Amount raised: $8m through seed and Series A - Series B raise ongoing

Funders: Raed Advanced Investment Co, Al-Riyadh Al Walid Investment Co, 500 Falcons, SWM Investment, AlShoaibah SPV, Faith Capital, Technology Investments Co, Savour Holding, Future Resources, Derayah Custody Co.

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Why%20all%20the%20lefties%3F
%3Cp%3ESix%20of%20the%20eight%20fast%20bowlers%20used%20in%20the%20ILT20%20match%20between%20Desert%20Vipers%20and%20MI%20Emirates%20were%20left-handed.%20So%2075%20per%20cent%20of%20those%20involved.%0D%3Cbr%3EAnd%20that%20despite%20the%20fact%2010-12%20per%20cent%20of%20the%20world%E2%80%99s%20population%20is%20said%20to%20be%20left-handed.%0D%3Cbr%3EIt%20is%20an%20extension%20of%20a%20trend%20which%20has%20seen%20left-arm%20pacers%20become%20highly%20valued%20%E2%80%93%20and%20over-represented%2C%20relative%20to%20other%20formats%20%E2%80%93%20in%20T20%20cricket.%0D%3Cbr%3EIt%20is%20all%20to%20do%20with%20the%20fact%20most%20batters%20are%20naturally%20attuned%20to%20the%20angles%20created%20by%20right-arm%20bowlers%2C%20given%20that%20is%20generally%20what%20they%20grow%20up%20facing%20more%20of.%0D%3Cbr%3EIn%20their%20book%2C%20%3Cem%3EHitting%20Against%20the%20Spin%3C%2Fem%3E%2C%20cricket%20data%20analysts%20Nathan%20Leamon%20and%20Ben%20Jones%20suggest%20the%20advantage%20for%20a%20left-arm%20pace%20bowler%20in%20T20%20is%20amplified%20because%20of%20the%20obligation%20on%20the%20batter%20to%20attack.%0D%3Cbr%3E%E2%80%9CThe%20more%20attacking%20the%20batsman%2C%20the%20more%20reliant%20they%20are%20on%20anticipation%2C%E2%80%9D%20they%20write.%0D%3Cbr%3E%E2%80%9CThis%20effectively%20increases%20the%20time%20pressure%20on%20the%20batsman%2C%20so%20increases%20the%20reliance%20on%20anticipation%2C%20and%20therefore%20increases%20the%20left-arm%20bowler%E2%80%99s%20advantage.%E2%80%9D%0D%3Cbr%3E%3C%2Fp%3E%0A
The specs: 2018 GMC Terrain

Price, base / as tested: Dh94,600 / Dh159,700

Engine: 2.0-litre turbocharged four-cylinder

Power: 252hp @ 5,500rpm

Torque: 353Nm @ 2,500rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.4L  / 100km

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

The specs: Macan Turbo

Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

THE BIO

Favourite author - Paulo Coelho 

Favourite holiday destination - Cuba 

New York Times or Jordan Times? NYT is a school and JT was my practice field

Role model - My Grandfather 

Dream interviewee - Che Guevara

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German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

The years Ramadan fell in May

1987

1954

1921

1888

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Final scores

18 under: Tyrrell Hatton (ENG)

- 14: Jason Scrivener (AUS)

-13: Rory McIlroy (NIR)

-12: Rafa Cabrera Bello (ESP)

-11: David Lipsky (USA), Marc Warren (SCO)

-10: Tommy Fleetwood (ENG), Chris Paisley (ENG), Matt Wallace (ENG), Fabrizio Zanotti (PAR)

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Fixtures and results:

Wed, Aug 29:

  • Malaysia bt Hong Kong by 3 wickets
  • Oman bt Nepal by 7 wickets
  • UAE bt Singapore by 215 runs

Thu, Aug 30: UAE v Nepal; Hong Kong v Singapore; Malaysia v Oman

Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal

Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore

Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong

Thu, Sep 6: Final

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Company%20profile
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MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.