Egypt's Grand Mufti Dr Shawki Ibrahim Abdel-Karim Allam. Reuters
Egypt's Grand Mufti Dr Shawki Ibrahim Abdel-Karim Allam. Reuters
Egypt's Grand Mufti Dr Shawki Ibrahim Abdel-Karim Allam. Reuters
Egypt's Grand Mufti Dr Shawki Ibrahim Abdel-Karim Allam. Reuters

Egypt's Dar Al Iftaa says Muslims who quit drugs 'guaranteed a place in heaven'


Kamal Tabikha
  • English
  • Arabic

Muslims who stop taking drugs are guaranteed a place in heaven, Egypt’s official Islamic advisory board said.

Dar Al Iftaa, in a number of social media posts on Sunday, tried to raise awareness around drug abuse, particularly the increasing use of crystal meth or “shabo” as it is known in Egypt.

The Islamic month of Shaaban, the month preceding Ramadan on the Hijri calendar, is a time of reflection and penance, Dar Al Iftaa said in a Facebook post on Sunday night.

It urged Muslims to use this month to reflect on what they have done over the past year and ask God for forgiveness for any “shortcomings or disobedience”.

In another post on Sunday, the advisory singled out crystal meth by name and warned its followers that it “makes users’ minds absent” and causes severe damage to their bodies and psychological states.

“It leads to complete self-destruction and makes people put themselves in risky and dangerous situations,” it said, reminding followers that it is illegal to take meth.

Use of the highly addictive drug has been on the rise over the past 10 years when it first made its way into the Egyptian drug scene, one drug dealer told The National.

A wide range of new “designer drugs” in addition to Captagon pills and ketamine, have in recent years increased in popularity to dominate a scene where previously, hashish had been the drug of choice.

Bags containing the banned stimulant captagon seized by authorities on a shipment destined to Saudi Arabia. AFP
Bags containing the banned stimulant captagon seized by authorities on a shipment destined to Saudi Arabia. AFP

The advisory’s awareness campaign also included posts with Quranic verses underscoring the importance of taking care of one’s body and their moral health.

Egypt has been contending with one of the worst economic crises it has seen in years and a majority of its 104-million population have been struggling to make ends meet since early 2022 when prices of almost every good and service has doubled.

A 2018 study conducted by the US National Library of Medicine conclusively determined that there was a direct link between bad economic conditions and increased drug use.

The study found that around 60 per cent of participants reported a significant increase in their use of narcotics during an economic crisis.

Dar Al Iftaa urged followers to resort to a government-run addiction hotline if they need help quitting.

It promised all help would be anonymous and would include sessions to improve mental health.

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Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
Updated: February 27, 2023, 8:54 AM