Swiss Islamic scholar Tariq Ramadan, the grandson of the founder of Egypt's Muslim Brotherhood, has spoken at gala dinners organised by French charity CCIF. AFP
Swiss Islamic scholar Tariq Ramadan, the grandson of the founder of Egypt's Muslim Brotherhood, has spoken at gala dinners organised by French charity CCIF. AFP
Swiss Islamic scholar Tariq Ramadan, the grandson of the founder of Egypt's Muslim Brotherhood, has spoken at gala dinners organised by French charity CCIF. AFP
Swiss Islamic scholar Tariq Ramadan, the grandson of the founder of Egypt's Muslim Brotherhood, has spoken at gala dinners organised by French charity CCIF. AFP

French ‘Islamist pharmacy’ charity CCIF is forced to close


Nicky Harley
  • English
  • Arabic

A French charity linked to the Muslim Brotherhood and its founder’s grandsons, Tariq and Hani Ramadan, claims it has been forced to close by President Emmanuel Macron’s administration.

There are concerns now about where the Collective Against Islamophobia in France (CCIF) will be placing its resources after it revealed plans to transfer funds to undisclosed European groups to continue its cause.

The organisation, described as an “Islamist pharmacy” by France’s Interior Minister Gérald Darmanin, was forced to dissolve following the backlash over the beheading of French teacher Samuel Paty after he showed students cartoons of the Prophet Mohammed during a lesson.

It claims it was “reproached” for defending the rights of Muslims.

But Mr Darmanin has called the CCIF an “enemy of the Republic”.

He moved to dissolve the charity but following his announcement the CCIF, one of the largest charities in France, pre-empted the move and voluntarily closed its doors. On Saturday it removed its website and social media accounts.

The CCIF has been closely linked to two grandsons of the founder of the Muslim Brotherhood in Egypt, Hassan al Banna, and both men have represented the group as speakers at various charitable functions.

Hani Ramadan is banned from France and his assets have been frozen. He is accused of having adopted behaviour and made comments "posing a serious threat to public order on French soil".

His brother Tariq, a former professor at Oxford University, is facing five rape charges.

Last month he was fined €3,000 ($3,560), with €2,000 suspended, for repeatedly revealing the name of one of his female accusers.

The CCIF, which offered legal support to Muslims in discrimination cases, has a number of close ties to associations in Europe which have been affiliated with the Muslim Brotherhood. It denies any involvement with the Muslim Brotherhood.

The charity has announced it will now redeploy "a large part of its activities abroad".

"The assets of our association have been transferred to partner associations which will take over the fight against Islamophobia on a European scale," it said.

One expert on Islamism in Europe and North America told The National he believes the group will opt to fund a "neutral" organisation to escape controversy.

“CCIF is, of course, very deeply embedded in the overlapping Muslim Brotherhood and Turkish Islamist networks throughout Europe,” Lorenzo Vidino said.

“But they might use some other entity for various reasons, [such as] not to be accused of being a Muslim Brotherhood entity and take over some ‘neutral’ entity.”

France launched a crackdown on Islamist groups following the murder of Mr Paty.

President Emmanuel Macron has also banned pro-Hamas group the Cheikh Yassine Collective, named after the founder of Hamas, after it was accused of being directly implicated in the schoolteacher's beheading.

A Paris mosque that shared a denunciation of Mr Paty online has also been closed.

Mr Macron has said he wants to see “tangible results” to combat “an ideology of destruction of the Republic”.

"Our fellow citizens expect actions. These actions will be stepped up,” Mr Macron has said.

Prime Minister Jean Castex said authorities were targeting “all associations whose complicity with radical Islamism has been established”.

The CCIF has described its closure as “a terrible message to citizens of the Muslim faith: ‘you do not have the right to defend your rights’”.

Under French law, the Council of Ministers can dissolve an organisation by decree without requiring scrutiny of the decision.

Europe director at Amnesty International, Nils Muiznieks, said ithe move was “extremely” concerning.

“The dissolution of an organisation is an extreme measure that can be justified only in very limited circumstances, such as if it poses a clear and imminent danger to national security or public order,” he said.

“The French authorities have failed to provide to date any evidence that could justify the dissolution of CCIF.

“Amnesty International is extremely concerned about the signal that this sends to NGOs and the fight against discrimination in France. We call on the French authorities to immediately reverse this decision.”

The CCIF was founded in 2003 by Samy Debah and led legal campaigns against the banning of religious symbols in schools and the banning of full-face veils.

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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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