Muslim women demonstrate in favour of Sharia law during a protest outside 10 Downing Street in London earlier this year. Carl de Souza / AFP Photo
Muslim women demonstrate in favour of Sharia law during a protest outside 10 Downing Street in London earlier this year. Carl de Souza / AFP Photo

Islamic groups that do not embrace 'British values' to be targeted in UK



LONDON // A campaign targeting Islamic groups that do not embrace "mainstream British values" will be announced by Prime Minister David Cameron's government today.

Targets will include universities where Islamic student societies are deemed to be breeding grounds for extremists, and community groups that receive government funding but are not encouraging Muslims to embrace democracy and liberal values.

The new, tough line in the Prevent programme, launched by the previous Labour government to stop the radicalisation of young Muslims after the suicide bombings on the London transport system in 2005, represents a victory for Mr Cameron over senior cabinet colleagues in the coalition government opposed to the campaign.

Several ministers, including the deputy prime minister and Liberal Democrat leader, Nick Clegg, and Baroness Sayeeda Warsi, chairman of the Conservative Party and the first Muslim woman to hold a British cabinet post, worry that radicals will be driven underground without open debates in which their views can be challenged.

But the Home Secretary, Theresa May, who will announce the revision of the counter-terrorism strategy, made it clear yesterday that there is to be a new, broader definition of extremism in Britain.

That definition is concentrated on groups condoning violence. Under the new policy, it will include non-violent Muslims who advocate the introduction of Islamic values in Britain, such as the adoption of Sharia law or the subordination of women.

About 20 groups receiving government funding under the £60 million (Dh220mn) Prevent programme will be cut off from further state subsidies.

The government also aims to curtail extremist propaganda on the internet and restrict access to radical websites from schools and libraries.

In an article in yesterday's Daily Telegraph, Mrs May also attacked universities for their "complacency" over tackling extremism on university campuses.

"I think for too long there's been complacency around universities," she wrote. "I don't think they have been sufficiently willing to recognise what can be happening on their campuses and the radicalisation that can take place".

"I think there is more that universities can do."

Mrs May told the newspaper that groups such as the Federation of Student Islamic Societies "need to be prepared to stand up and say that organisations that are extreme or support extremism or have extremist speakers should not be part of their grouping".

But Aaron Porter, president of the National Union of Students, said yesterday that the government's new approach was merely an attempt to cover up its own failings.

"Facing up to the challenges that non-violent extremism brings to campus life requires careful support and guidance from government, not wild sensationalism that only serves to unfairly demonise Muslim students," he said.

Nicola Dandridge, the chief executive of Universities UK, which represents the college authorities, told the BBC that there was "no evidence" of complacency and that a report produced by her group this year "showed the extent to which universities are engaging with the police and security services, working with student unions to try to deal with unlawful external speakers".

Ms Dandridge added that, in a free society, there was a right to have speakers on campus whose views "we may find repulsive, offensive".

"We need to have an open debate so that universities are encouraging young people to challenge these views," she said.

"If we ban those speakers, not only does it compromise freedom of speech in a significant way, but it means we drive the whole issue underground."

The Federation of Student Islamic Societies said in a statement that it had "consistently taken measured steps to engage with key stakeholders, including members of the government" over extremism at universities.

A month ago, however, a report from the Parliamentary Group on Homeland Security registered "grave concerns" that students were being radicalised at universities.

The Daily Mail reported yesterday that government research had identified 40 UK universities where extremism thrived.

It said that 30 per cent of young British Muslims involved in terrorist acts had been radicalised at university, including Umar Farouk Abdulmutallab, who tried to blow up an airliner over Detroit on Christmas Day 2009 with a bomb hidden in his underwear.

The new strategy will not ban specific groups but instead cut off funding and attempt to isolate them.

Haras Rafiq, director of the counter-extremism consultancy Centri, welcomed the tough strategy but said the main problem would be implementation.

"They need to build criteria to establish which organisation they fund has extremist views, which one doesn't, and ensure extremist groups do not receive funding from other pots," he said.

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

RESULTS

Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden

Turkish Ladies

Various artists, Sony Music Turkey 

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings 
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10

GULF MEN'S LEAGUE

Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2

Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers

 

Opening fixtures

Thursday, December 5

6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles

7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers

7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles

7pm, Pitch 5, Bahrain v Dubai Eagles 2

 

Recent winners

2018 Dubai Hurricanes

2017 Dubai Exiles

2016 Abu Dhabi Harlequins

2015 Abu Dhabi Harlequins

2014 Abu Dhabi Harlequins

'Champions'

Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
 

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

COMPANY PROFILE

Company name: Alaan
Started: 2021
Based: Dubai
Founders: Parthi Duraisamy and Karun Kurien
Sector: FinTech
Investment stage: $7 million raised in total — $2.5 million in a seed round and $4.5 million in a pre-series A round

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Results

7pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Dirt) 1,600m; Winner: RB Kings Bay, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)

7.30pm: Maiden (PA) Dh 70,000 (D) 1,600m; Winner: AF Ensito, Fernando Jara, Mohamed Daggash

8pm: Maiden (PA) Dh70,000 (D) 1,400m; Winner: AF Sourouh, Tadhg O’Shea, Ernst Oertel

8.30pm: Maiden (PA) Dh70,000 (D) 1,800m; Winner: Baaher, Fabrice Veron, Eric Lemartinel

9pm: Maiden (PA) Dh70,000 (D) 2,000m; Winner: Mootahady, Antonio Fresu, Eric Lemartinel

9.30pm: Handicap (TB) Dh70,000 (D) 2,000m; Winner: Dubai Canal, Tadhg O’Shea, Satish Seemar

10pm: Al Ain Cup – Prestige (PA) Dh100,000 (D) 2,000m; Winner: Harrab, Bernardo Pinheiro, Majed Al Jahouri

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

Naga

Director: Meshal Al Jaser

Starring: Adwa Bader, Yazeed Almajyul, Khalid Bin Shaddad

Rating: 4/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

Janet Yellen's Firsts

  • In 2014, she became the first woman to lead the US Federal Reserve 
  • In 1999, she became the first female chair of the White House Council of Economic Advisers 
The biog

Siblings: five brothers and one sister

Education: Bachelors in Political Science at the University of Minnesota

Interests: Swimming, tennis and the gym

Favourite place: UAE

Favourite packet food on the trip: pasta primavera

What he did to pass the time during the trip: listen to audio books

Director: Nag Ashwin

Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana

Rating: ★★★★

Squad: Majed Naser, Abdulaziz Sanqour, Walid Abbas, Khamis Esmail, Habib Fardan, Mohammed Marzouq (Shabab Al Ahli Dubai), Khalid Essa, Muhanad Salem, Mohammed Ahmed, Ismail Ahmed, Ahmed Barman,  Amer Abdulrahman, Omar Abdulrahman (Al Ain), Ali Khaseif, Fares Juma, Mohammed Fawzi, Khalfan Mubarak, Mohammed Jamal, Ahmed Al Attas (Al Jazira), Ahmed Rashid, Mohammed Al Akbari (Al Wahda), Tariq Ahmed, Mahmoud Khamis, Khalifa Mubarak, Jassim Yaqoub (Al Nasr), Ali Salmeen (Al Wasl), Yousef Saeed (Sharjah), Suhail Al Nubi (Baniyas)


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