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It was a charged exchange that brought tensions in the British Parliament over Gaza to a head, and one that could be reference point for politics in the future as the role of Muslim voters continues to increase.
A diamond-shaped cluster of Labour MPs sat on the Commons benches giving support to one of their own, minutes after Prime Minister Rishi Sunak demanded that Labour's Zarah Sultana personally “call on Hamas and the Houthis to de-escalate the situation” in the Red Sea.
Ms Sultana stood to defend herself from the association with Hamas, asking another Conservative MP to withdraw his remarks. Her female Labour colleagues, most of them also Muslims, backed her.
Experts are working hard to determine how the growing Muslim vote will come into play as constituencies are rearranged before the general election this year.
The Conservatives could well lose several seats as a result of their failure to recognise Islamophobia and their support for Israel in the Gaza conflict, a leading Labour Muslim MP has told The National.
Afzal Khan, who chairs the Labour Muslim Network, believes a record number of Muslim MPs are expected to enter Parliament this year, surpassing the current total of 19 from all parties.
“Britain is our home and [Muslims] need to be fully engaged,” said Mr Khan. “You've got to be playing football to score a goal. If you're not playing, the most you can do is cheer the side.
“Nobody can put a case better than yourself so that's why they need to be more engaged.”
This view was reinforced by election surveys, said Chris Hopkins of polling company Savanta.
“As this group grows as a proportion of the population then their influence over British politics will only increase,” he said.
“In the last 10 years there's been a real growth in Muslim community leaders becoming more prevalent in front-line politics.
“Some are now taking this a step further and running for parliament because ultimately representation matters.”
Boundary scramble
With population movement largely to the south of England, new constituencies have been created for the 2024 election through boundary changes.
On paper, this favours the Tories, and has left MPs with the task of determining the ethnic make-up of the new constituencies.
It is highly likely that, given the growing Muslim population in urban areas, there could be an increase from the 19 Muslim MPs elected in 2019.
That number has steadily risen since the first Muslim member was elected in 1997, with eight MPs in the 2010 election and 13 in 2015.
The community is also young, “full of energy” and eager to participate, as there is “no shortage of issues that they face”, said Mr Khan.
An in-depth constituency analysis by political scientist Ben Ansell of the University of Oxford found that the boundary changes give Labour an advantage in every seat that is more than 10 per cent Muslim or 20 per cent Asian.
“You can see how predicted votes in the next election will mean that only Labour represents constituencies with large numbers of ethnic minorities or Muslims,” Prof Ansell wrote. “It also helps explain why Gaza has been such a difficult topic for Keir Starmer.”
Prof Ansell also argued that the Conservatives are highly dependent on constituencies where the population is three-quarters white British, adding that Labour would win every seat where white British were a minority.
The Conservative support base is now largely over 65 and white British, and if the Tories “double down” on policies that benefit this group then they would “tie themselves to a declining proportion of the population”, Prof Ansell said.
Islamophobia charges
Mr Sunak has not helped his party’s situation after he was accused of using an “Islamophobic trope” by demanding that Ms Sultana “call on Hamas and the Houthis”.
Another prominent Labour Muslim MP, Naz Shah, said his comment was a “painful blow” and called on Mr Sunak to apologise, which he refused to do.
While Mr Khan said there was little evidence of Islamophobia in Parliament, he agreed that Mr Sunak should have withdrawn his remarks and apologised, as “we all need to work together” to end the Gaza conflict.
Voting intentions suggest that 64 per cent of Muslims will support Labour, with only 19 per cent likely to back the Conservatives, a Savanta poll published last month suggested.
This could lead to a significant increase in Muslim MPs, said Mr Hopkins. “If people see the other high-profile MPs getting seats or ministerial posts that breeds the next generation of community leaders.”
The Conservative approach to Muslims, which in part explains the party's falling popularity in the community, involves a refusal to accept an official definition of Islamophobia. As the definition is very similar to that of anti-Semitism, this is “just not acceptable”, said Mr Khan.
“There is a duty for government to resolve this issue,” he argued. “Even the Home Office figures tell you that almost half of all religious hate crimes are being committed against Muslims. That's huge.”
Mr Khan argues that the government's failure to engage with the Muslim Council of Britain has also had a significant impact.
“I find it absolutely shocking that in this 21st century Britain, which celebrates this richness and diversity, you have a community of four million plus with an umbrella organisation of more than 500 organisations and yet government feels fit to ignore it,” he said.
While in previous elections the Tories have attracted ethnic voters, and indeed have high-profile Muslim figures, such as former chancellors Nadhim Zahawi and Sajid Javid, their standing has been knocked by these two issues.
Israel criticism
When Labour leader Keir Starmer refused to call for a unilateral ceasefire in the Israel-Gaza war, Mr Khan sacrificed his front-bench post to support a parliamentary motion supporting a ceasefire.
That depth of anger was vividly demonstrated at meeting hosted by Angela Rayner, deputy Labour leader, on Thursday, when activists verbally attacked her over the party’s stance.
One female protester shouted “two women dead every day [in Gaza]”, before she was wrestled out of the venue by police officers.
“Let this haunt Labour every single step of their election campaign,” one party member later wrote on social media.
Labour’s stance could cost it votes, much as US President Joe Biden’s support for Israel is likely to cost him Democratic Muslim voters in November's presidential election.
“My difficulty with the Labour Party's position is the way that they've handled this, I don't think it’s good,” said Mr Khan, who was the joint founder of the Muslim-Jewish Forum of Greater Manchester.
“But the Labour Party is certainly moving in the right direction, and I hope it carries on until we get this ceasefire.”
While Gaza has had an impact on Mr Starmer’s popularity among Muslims, it still ranked fourth in importance after inflation, the NHS and the economy in the Savanta poll.
“Ultimately, what matters to Muslim voters, as much as anyone else, is still the cost of living and the realities of living in the UK,” said Mr Hopkins.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
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Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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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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MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
Company info
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Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
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Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
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