Al Jazira lost a two-goal lead but came back with an injury-time winner to take all three points in an extraordinary 4-3 victory at Al Shabab last night.
Ali Mabkhout was the hero with a hat-trick, while Manuel Lanzini also scored for the visitors, putting them top of the table. Shabab’s initial rally brought two goals from Henrique Luvannor before a strike from Azizbek Haydarov put them ahead.
Shabab shaded the opening stages with some good attacking moves but, from a Shabab corner, the visitors broke away and stole the lead on the counter-attack in the 21st minute.
Mirko Vucinic cleared straight to Mabkhout and the UAE striker raced clear from Manei Mohamed to thump an emphatic finish beyond Salem Abdulla. Five minutes later, Jazira coach Eric Gerets’ side were 2-0 up as Lanzini slotted a calm finish into the back of the net.
Henrique headed home to cut the deficit to 2-1 and give the hosts hope before the break.
Just after the interval, Shabab had their equaliser. Carlos Villanueva cut the ball back in the area for Edgar Bruno to hold up with his back to goal and set up Haydarov to strike a deflected shot beyond Ali Kasheif. On the hour, Shabab were 3-2 ahead, Luvannor starting and finishing a clever passing move with Bruno.
The match showed no sign of slowing down and, just five minutes after falling behind, Jazira struck again to get back on level terms once more.
A corner taken quickly by Lanzini was flicked on in the area by Musallem Fayez and tapped in at the back post by Mabkhout.
As the clock ticked down, a Villanueva shot hit the woodwork.
An injury to Kasheif saw the Jazira goalkeeper forced off with five minutes to go, and the game took another turn in the third minute of stoppage time. Jazira found a last-gasp winner, Mabkhout completing his hat-trick with a header going in off the underside of the crossbar.
In Dubai, Al Wasl secured a 3-1 home win over struggling Fujairah, thanks to goals from Caio, Ali Salmeen and Ederson.
Fujairah, whose consolation goal was scored by Mohamed Khalfan, are just above the relegation zone.
After a goalless first half, Wasl needed just four minutes to open the scoring through Caio. In the 63rd minute, Salmeen made it 2-0 with a long-range strike.
With just over 10 minutes to go, Ederson cut in from the left and beat goalkeeper Ayyoub Al Marzouqi with a curling shot in at his near post. With five minutes remaining, Fujairah managed to pull a goal back via substitute Khalfan, who netted a fine finish.
Elsewhere, Khalefa Ibrahim’s 49th-minute goal netted Al Dhafra a 1-0 win at Sharjah.
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MATCH INFO
Uefa Champions League last-16, second leg:
Real Madrid 1 (Asensio 70'), Ajax 4 (Ziyech 7', Neres 18', Tadic 62', Schone 72')
Ajax win 5-3 on aggregate
How to register as a donor
1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
4) The campaign uses the hashtag #donate_hope
The BaaS ecosystem
The BaaS value chain consists of four key players:
Consumers: End-users of the financial product delivered
Distributors: Also known as embedders, these are the firms that embed baking services directly into their existing customer journeys
Enablers: Usually Big Tech or FinTech companies that help embed financial services into third-party platforms
Providers: Financial institutions holding a banking licence and offering regulated products
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.
