• A Shiite Muslim pilgrim sits by lit candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
    A Shiite Muslim pilgrim sits by lit candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
  • Shiite Muslim pilgrims gather outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
    Shiite Muslim pilgrims gather outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
  • Muslims perform evening prayer at the Sunni shrine of Abdul-Qadir al-Gailani ahead of the upcoming Muslim fasting month of Ramadan in Baghdad, Iraq, Saturday, April 10, 2021. Ramadan is the ninth month of the Islamic lunar calendar and the holiest time of the year for Muslims. (AP Photo/Khalid Mohammed)
    Muslims perform evening prayer at the Sunni shrine of Abdul-Qadir al-Gailani ahead of the upcoming Muslim fasting month of Ramadan in Baghdad, Iraq, Saturday, April 10, 2021. Ramadan is the ninth month of the Islamic lunar calendar and the holiest time of the year for Muslims. (AP Photo/Khalid Mohammed)
  • Shiite Muslim pilgrims gather outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
    Shiite Muslim pilgrims gather outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
  • Shiite Muslim pilgrims light candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
    Shiite Muslim pilgrims light candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
  • A Shiite Muslim pilgrim lights candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF
    A Shiite Muslim pilgrim lights candles outside the Shrine of Imam Mohammed al-Mahdi during the Shaabaniya ceremony, marking the middle of the Islamic month of Shaban and two weeks before the start of the holy fasting month of Ramadan, and on which Twelver Shiites commemorate the birth of Imam Mahdi (the sect's final Imam), in Iraq's central holy shrine city of Karbala on March 28, 2021. / AFP / Mohammed SAWAF

Ramadan 2021 in Iraq: all you need to know about the holy month during Covid-19


Sinan Mahmoud
  • English
  • Arabic

Iraqis are preparing to observe Ramadan during a new wave of the coronavirus pandemic and an economic crisis.

The country reported 8,331 cases on Wednesday, the highest number of daily infections since the outbreak began.

With healthcare infrastructure in Iraq devastated by years of war, the health authorities are struggling to contain the virus.

They say people are failing to comply with social distancing regulations, and the government has blamed the public for the rise in cases and has threatened impose stricter measures.

The Arab nation of about 40 million people is in the throes of a severe financial crisis resulting from the impact of plummeting oil prices on its oil-dependent economy.

The national poverty rate soared last year to 31.7 per cent, up from 20 per cent in 2018. It is expected to increase and become more apparent during Ramadan, because the economy usually contracts during the holy month when businesses scale back their activities.

Here’s everything you need to know about Ramadan 2021 in Iraq:

What is Ramadan?

Ramadan is the ninth and holiest month of the Islamic calendar. It is believed to be the month the Quran was revealed to the Prophet Mohammed.

Muslims fast from sunrise to sunset every day of the month, which is typically of 29 or 30 days’ duration.

As well as abstaining from food and drink, Ramadan is a time when Muslims strengthen their faith through prayer and increased recitation of the Quran.

When does Ramadan begin?

Unlike many countries in the region, it is uncommon for all Iraqis start Ramadan on the same day as is the case with the start of each month in lunar or Hijri calendar.

The country’s Shiite majority are likely to start the holy month on April 14, after announcements from the most senior Shiite clerics such as Grand Ayatollah Ali Al Sistani.

For Iraq’s Sunni population, Ramadan may commence on either on April 12 or 13 in accordance with what the Sunni Endowment Office announces.

The dates will ultimately be determined by each sect’s religious authority, because of the different moon-sighting techniques that some Shiites and Sunnis follow. Many Shiites prefer to see the crescent with their naked eye, while Sunnis often use telescopes or follow Saudi Arabia’s lead.

What are the Covid-19 rules in Iraq during Ramadan?

The Iraqi government has yet to declare the restrictions during Ramadan, but new measures are expected to be put in place as cases continue to rise.

A partial lockdown from 9pm to 5am is in place.

Mosques, restaurants and shopping malls are allowed to open.

Last year, Ramadan started a few weeks after the Iraqi authorities imposed full nationwide lockdown to curb the spread of the virus.

Measures were eased during the holy month. Residents were allowed to move freely between 6am and 7pm, but mosques, restaurants, shopping malls and parks were kept closed.

What are the rules for businesses during Ramadan?

With the exception of a few licensed venues, restaurants and cafes are not allowed to operate during fasting hours. Liquor stores and bars are not allowed to open for the whole month.

Working hours in government offices will be shortened by at least one hour.

Are charity drives in Iraq operational this year?

Like last year, charity banquets are not allowed, but people and organisations will be permitted to distribute Ramadan packages to poor families in different districts.

It will be difficult for the government to restrict those who plan to throw street charity iftars, especially in heavily populated areas or in those that include shrines.

What etiquette should I follow if I’m not fasting this Ramadan?

Food and drink must not be consumed in public areas during the holy month.

Ramadan 2021 and Covid-19 restrictions: All you need to know by country

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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.”