The Ramadan buzz is in the air, with the month of fasting beginning this weekend and bringing a sense of joy, togetherness and fulfilment.
For some of us, there's also anxiety – will I be able to do this? – along with excitement and last-minute runs to the supermarket. Cupboards, fridges and freezers in Muslim households world over are being stocked and meal planning for the month is under way.
All this while we reflect on the holier aspects of the month, including thinking of those who do not have enough food on the table during any month of the year. Ramadan is a time to focus on faith and discipline.
It's also about cutting back on indulgence, of simplicity and a reallocation of time to spiritual and communal pursuits. But often, for women these bring even more paradoxes: love for traditions to be upheld, but exhaustion created by additional work. Cherishing the roles we play during the month, but wishing it wasn’t taken for granted. Finding meaning in giving to those we love and supporting their spiritual journey and pursuits at the expense of our own.
I often joke that in Ramadan, many of us get to be "peak Muslim", but the implications of that are that the challenges also reveal themselves in the most acute way, if only we care to look.
The point isn’t whether women should or should not manage Ramadan in traditional ways – but that women should decide for themselves
Ramadan isn’t observed in a one-size-fits-all manner. For some women, it’s a joyful time of shared labour and spiritual connection. For others, it’s a juggling act between demanding jobs, childcare, and late-night prayers. Some are single mothers observing Ramadan alone, while other households share responsibilities equitably.
It is worth pausing to ask, what does Ramadan reveal about power in society?
Power should be about dignity, recognition of humanity and our advocacy and actions in a world that affects others and shapes our own trajectory.
There are men who step up as equal partners, single fathers, and families where traditional gender roles have shifted. And there are women who love the role they play during Ramadan but still feel the weight of expectation.
The point isn’t whether women should or should not manage Ramadan in traditional ways – but that women should decide for themselves and be aware that the power in being the chief architect of Ramadan needs to be named – by everyone, especially women.
I know several women feel that they disappear into Ramadan having to deal with hangry menfolk, the societal pressure to perform perfect iftars and to be Instagram-ready – and yes, women put pressure on themselves too.
This female experience of Ramadan has my attention every year. I even address the notion of the power of women in my podcast, Muslim Women Talk Ramadan.
In a world of increasing strong man archetypes, how do we recognise different forms of power, locating power wisely, compassionately, in ourselves, our homes and in public spaces?
Ramadan is clearly and unequivocally a divine gift. What I’m discussing is opening our eyes and identifying who is running the practicalities of Ramadan, and doing the things that we associate with its everyday experiences.
Setting boundaries isn’t selfish or a modern deviation. It is the real-life application of the discipline of Ramadan, which is all about boundaries. And women have as much right to those boundaries and the naming and exercise of the power they wield as anyone else.
Women’s boundaries can and should ensure that their own spiritual needs are met and their dignity and recognition acknowledged alongside their responsibilities – just like anyone else.
Ramadan isn’t just about what happens inside the home. It’s also about who gets to be seen, heard and included in public spaces. The questions can then be like: Why wouldn’t I lead a Ramadan charity initiative? Why wouldn’t I be part of public Ramadan discussions? Why wouldn’t I go to the mosque to pray? Why wouldn’t I take my children to prayer spaces to pray with me?
There may of course be practical reasons, but in principle, naming where power can be unlocked – even if it’s not right for us at the time – is the essence of Ramadan, the peak Muslim moment that sets us up for the next 12 months.
The positive effects of leaning into women’s power is that it grows when it’s acknowledged, named and protected. The more we name women’s role in Ramadan, the more women’s impact is recognised. The more boundaries are set, the more the experiences are valued – often something women need to do more of themselves.
The classic pushbacks to women naming their power, identifying and setting their own terms are about creating discomfort or shame for women, or failing in their duties. In discomfort, it’s helpful to ask: "Am I OK with that?"
Naming the power of women in Ramadan? I’m OK with that.
How to join and use Abu Dhabi’s public libraries
• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.
• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.
• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.
• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.
• For more information visit the library network's website.
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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.”
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The Great Derangement: Climate Change and the Unthinkable
Amitav Ghosh, University of Chicago Press
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UAE currency: the story behind the money in your pockets