A Pakistani boy accused of blasphemy has been taken in to protective custody, after his release on bail sparked attacks on a Hindu temple in the country.
The boy, 8, a member of the minority Hindu community, reportedly entered a mosque in the village of Bhong, in eastern Rahim Yar Khan district in Punjab.
After being reprimanded by a local cleric, Muhammad Ibrahim, the boy involuntarily urinated on the carpet.
The next day Mr Ibrahim registered a case against the boy for urinating in a place where religious books are kept.
He was arrested on blasphemy charges, which can carry the death penalty in Pakistan.
The boy was released on bail last Wednesday after a week in custody, which angered conservative Muslims in the area.
A crowd of about 150 people later set the main gate of the temple on fire and damaged religious statues inside.
Footage on social media showed an angry crowd vandalising the Hindu temple with iron bars and sticks.
Fearing backlash, authorities placed the boy in protective custody of police.
Hundreds of troops were sent to quell communal unrest in the area.
“Police have arrested 50 people who attacked the temple and are hunting 100 other attackers who are on the run. Our teams are conducting raids to arrest them soon,” Ahmad Nawaz, spokesperson for the Rahim Yar Khan District police told The National
Prime Minister Imran Khan condemned the attack in a statement shared on Twitter.
He said he had ordered the provincial police chief to take action against officers on duty, whose negligence led to the attack.
He promised his government would restore the temple.
The attack forced many members of the local Hindu community to flee the city.
“Police failed to protect the temple and the delayed response led to its destruction and panic among the Hindu community, who locked their houses and fled,” Ramesh Kumar, head of Pakistan’s Hindu Council and a lawmaker, told The National.
India’s external affairs ministry summoned a Pakistani diplomat to protest the attack on the temple and demand protection for Hindu families living in Muslim-majority Pakistan.
Kapil Dev, a human-rights activist, told The National that “fear and panic has gripped the area as many Hindus living there have fled to other areas for their safety and protection”.
He said it was good to see the prime minister and Supreme Court chief justice had taken notice of the situation immediately, but it would have been better if Mr Khan himself had paid a visit to the affected community.
“This gesture would have restored the lost trust and pulled them out from fear and insecurity,” Mr Dev said.
“Such incidents elsewhere in Canada or New Zealand, their prime ministers would have visited the affected community the very next day, but unfortunately no one from the top tier of the state has visited them,” he said.
Osama Malik, a legal expert said religious minorities were at risk in Pakistan.
“Despite the constitutional guarantee of freedom of religion, and freedom from religious discrimination, guaranteed by Article 20 of the Pakistani Constitution, and multiple conventions to which Pakistan is party to, the state has abysmally failed to protect minorities," he said.
"The weaponisation of blasphemy laws has reached a point where even 8-year-old children are not safe from it.”
In December last year, a large crowd of hardline Islamists demolished a century-old Hindu temple in the northwestern province of Khyber Pakhtunkhwa.
According to a May report by the US Commission on International Religious Freedoms, Pakistan reported the highest number of incidents of mob activity, mob violence and threats of violence against people accused of blasphemy.
The report covered incidents documented through surveys between 2014 and 2018.
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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Fuel economy, combined 11.7L / 100km
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Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Profile Periscope Media
Founder: Smeetha Ghosh, one co-founder (anonymous)
Launch year: 2020
Employees: four – plans to add another 10 by July 2021
Financing stage: $250,000 bootstrap funding, approaching VC firms this year
Investors: Co-founders
Brief scoreline:
Wales 1
James 5'
Slovakia 0
Man of the Match: Dan James (Wales)
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Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Company%20profile
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Meydan card
6.30pm: Al Maktoum Challenge Round-1 (PA) Group 1 US$65,000 (Dirt) 1,600m
7.05pm: Conditions (TB) $100,000 (Turf) 1,400m
7.40pm: UAE 2000 Guineas Trial (TB) $100,000 (D) 1,600m
8.15pm: Handicap (TB) $175,000 (T) 1,200m
8.50pm: Al Maktoum Challenge Round-1 (TB) Group 2 $350,000 (D) 1,600m
9.25pm: Handicap (TB) $175,000 (D) 1,900m
10pm: Handicap (TB) $135,000 (T) 1,600m
SCORES
Yorkshire Vikings 144-1 in 12.5 overs
(Tom Kohler 72 not out, Harry Broook 42 not out)
bt Hobart Hurricanes 140-7 in 20 overs
(Caleb Jewell 38, Sean Willis 35, Karl Carver 2-29, Josh Shaw 2-39)
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
KILLING OF QASSEM SULEIMANI
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Last-16
France 4
Griezmann (13' pen), Pavard (57'), Mbappe (64', 68')
Argentina 3
Di Maria (41'), Mercado (48'), Aguero (90 3')
OIL PLEDGE
At the start of Russia's invasion, IEA member countries held 1.5 billion barrels in public reserves and about 575 million barrels under obligations with industry, according to the agency's website. The two collective actions of the IEA this year of 62.7 million barrels, which was agreed on March 1, and this week's 120 million barrels amount to 9 per cent of total emergency reserves, it added.
Brief scoreline:
Tottenham 1
Son 78'
Manchester City 0