Two stations funded by Zakir Naik's charity have been fined a total of £300,000 after broadcasting hate speeches. Jeff Topping / The National
Two stations funded by Zakir Naik's charity have been fined a total of £300,000 after broadcasting hate speeches. Jeff Topping / The National
Two stations funded by Zakir Naik's charity have been fined a total of £300,000 after broadcasting hate speeches. Jeff Topping / The National
Two stations funded by Zakir Naik's charity have been fined a total of £300,000 after broadcasting hate speeches. Jeff Topping / The National

Peace TV stations fined £300,000 for hate speeches as it pulls out of the UK


Nicky Harley
  • English
  • Arabic

Two UK television stations, whose founder has been banned from the country for almost a decade, have been fined £300,000 for inciting murder and broadcasting hate speeches.

The media regulator Ofcom found that four programmes on Peace TV and Peace TV Urdu breached broadcasting rules on incitement to commit crime, hate speech, abuse and offence after it aired diatribes that described people  “worse than animals” and advocated the execution of magicians.

It ruled that the broadcasts were “very serious” and could encourage vulnerable viewers to commit killings.

The watchdog had threatened to strip the stations, which claimed to reach 200 million viewers, of the licences but both voluntarily surrendered them last November.

“In this case, the potential for very serious harm if this material incited others was clear, “ the watchdog said.

“Ofcom was concerned that the statements made by the scholar had the clear potential to influence impressionable viewers by encouraging serious crime, up to and including murder, and/or leading to disorder in relation to members of the public, in particular to Muslim people practicing magic as part of their faith.

“We also found that the scholar’s religious standing gave his statements greater weight and authority with the viewer, which compounded the seriousness of the breach. Ofcom considers the potential harm arising from such hate speech to be very serious.”

Both the satellite stations are funded by UK registered charity the Islamic Research Foundation International.

The licence for Peace TV was held by Lord Productions Limited, which has been fined £100,000, and Club TV, which held the licence for Peace TV Urdu, has been fined £200,000 over the breaches.

“In reaching its decision on the imposition of a sanction in this case, Ofcom has taken full account of the need to ensure that any penalty acts as a deterrent, including to other broadcasters,” it added.

“In this case Ofcom believed that a financial penalty was necessary to reflect the serious nature of the Code breaches and to act as an effective incentive to comply with the Code, for other licensees.”

Club TV and Lord Productions Limited are both owned by parent company Universal Broadcasting Corporation Limited.

Ofcom previously fined Club TV £65,000 for hate speech violations in 2016.

Indian-born Islamic preacher Zakir Naik, who is based in Malaysia, founded UBCL and is also the founder and chair of the IRFI charity.

Two of the breaches related to him.

The 53-year-old, who preached on the stations, is banned from the UK, India and Bangladesh and is accused by the Indian government of laundering £23m.

India and Bangladesh have accused him of inspiring terror acts, after the perpetrators of two separate attacks had allegedly followed his sermons.

In 2010, Britain banned Mr Naik from entering the country, citing “unacceptable behaviour”, although it never spelled out the nature of the behaviour.

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Premier League, kick off 7.30pm (UAE)

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The match will be broadcast live on the My Sports Eye Facebook page

 

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Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish

 

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Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.

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The Emirates is the world’s third largest per capita water consumer after the US and Canada.

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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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