People shopping duing Ramadan at the Dubai Mall in Dubai (Satish Kumar / The National)
People shopping duing Ramadan at the Dubai Mall in Dubai (Satish Kumar / The National)
People shopping duing Ramadan at the Dubai Mall in Dubai (Satish Kumar / The National)
People shopping duing Ramadan at the Dubai Mall in Dubai (Satish Kumar / The National)

Why we don’t need 10 days off for Ramadan


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On the FNC agenda last week was a proposal to make the last 10 days of Ramadan public holidays. Musabeh Al Ketbi (Sharjah) wanted to discuss the idea with Hussein Al Hammadi, the Minister of Education and the chairman of the Federal Authority for Government Human Resources.

Mr Al Ketbi said that work performance during this period slows down, thus affecting productivity, as people stay up late to worship and need more time during the day to shop for Eid food or clothes, or to visit family members.

But as The National reported, the minister did not attend the session and said in a written statement that the authority will look into the suggestion from all perspectives and present it to the relevant authorities for consultation and discussion.

But is making the last 10 days of Ramadan public holidays really a good idea?

While the proposal would seem convenient for many fasting employees, especially during the summer heat, having a 10-day holiday will hit the national economy hard.

An emerging economy like the UAE’s needs to maximise its workforce’s productivity to catch up with the top economies of the world. We already have a law reducing working hours to six hours instead of eight to make it easier for those who fast during the holy month.

However, it’s not merely prudent economics.

Even from an Islamic perspective, I believe working to earn a living is actually a commendable act of worship. The Prophet Mohammed encouraged people to work and taught them that one needs to find a balance and harmony between worship and work.

Working while fasting is indeed difficult and requires both willingness and strength.

However Ramadan should not be used as an excuse for not working to one’s usual level of commitment and productivity. It is important to remember one’s obligations to employers and to the society in this month, as well as in the rest of the year.

But unfortunately, many people slack off during the month of Ramadan, doing the least amount of work possible, sleeping on the job, procrastinating or neglecting their work requirements.

This type of behaviour is inconsistent with the very spirit of Ramadan – the month of worship and hard work.

Many people have turned Ramadan into a month of inactivity, staying up late to watch TV, spending even more on food than in other months.

Sheikh Abdal Hakim Murad (formerly Timothy John Winter), the dean of the Cambridge Muslim College (which trains imams for British mosques), who was voted Britain's most influential Muslim thinker, tackled this issue in his 2011 campaign "Let's make this a Fairtrade Ramadan!"

During the launch of the campaign he asked Muslims to rethink the concept of work, especially during the month of Ramadan, the time when, as he puts it, many people tend to be worry about how to nurture their “spiritual” self while coping with a demanding work environment.

He says that the struggle during work hours to finish work and get home or to a mosque to really “find God” again is actually unnecessary.

Despite the widespread assumption across all religions that God is only found in “sacred places”, Sheikh Abdal Hakim says that “everywhere belongs to God and everywhere is to be a place where God is celebrated” and that even at work “Muslims are invited to find ways of sanctifying every moment of those experiences”.

Our religion teaches us that we can make our own lives sacred by the intentions we make and the actions we do everyday.

The Prophet invoked God’s mercy towards not only those who do religious duties, but also on those who perform their work with diligence, efficiency and fairness in order to preserve public interests. Even those who fast have to fulfill their job not only for the societal obligation but also as a religious obligation.

I therefore think there is really no need to make the last 10 days of Ramadan public holidays.

Visiting family members and shopping for Eid (as Mr Al Ketbi noted) can all be done in the evening after work and one can do them if time is organised properly.

Those who wish to take the last 10 days off to rest while fasting or to focus on religious rituals can do it by taking from their annual leave – an option that already exists.

It’s time that we rethink our attitudes and “make this a Fairtrade Ramadan”.

aalmazrouei@thenational.ae

@AyeshaAlmazroui

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Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.

Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.

Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.

Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.

Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.

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The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the 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.”

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Sukuk

An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.