Celebrating the bold patterns, luxurious materials and meticulous techniques that went into crafting carpets for historic royalty, Doha’s Museum of Islamic Art (MIA) and the Hong Kong Palace Museum (HKPM) have teamed up for a unique exhibition.
On show until October 6 at the Hong Kong Palace Museum, Gallery 9, Wonders of Imperial Carpets: Masterpieces from the Museum of Islamic Art delves into the rich artistic and cultural exchanges that have flourished between Islamic and Chinese civilisations over centuries.
The exhibition is the first in Hong Kong to present such a comprehensive study of Islamic imperial carpets, bringing almost 100 historic objects – including carpets, manuscripts, ceramics, metalwork and jade from between the 16th and 18th centuries – primarily drawn from the MIA’s collection, alongside loans from Beijing’s Palace Museum and the HKPM. For some of the objects, it’s their first time being shown outside of Qatar.
“The exhibition highlights how artistic traditions from Safavid, Mughal, and Ottoman periods intersected with those of China through centuries of trade, diplomacy, and shared visual language,” Mounia Chekhab Abudaya, MIA’s deputy director of curatorial affairs tells The National.
“Despite their geographic distance, Islamic and Chinese civilisations have long interacted through trade, diplomacy, and migration. The Silk Road played a crucial role in facilitating these exchanges, allowing for the flow of ideas, materials, and motifs between East and West.
“These dynasties all engaged with China, and these interactions influenced artistic traditions on both sides,” she adds. “While Islamic and Chinese carpets were shaped by distinct aesthetic traditions, there are notable points of convergence.
“Islamic carpets were often made of luxurious materials such as silk and gold thread, and featured intricate geometric, floral, and figural patterns. Chinese carpets, like those from the Xinjiang region during the Qianlong period, also used floral motifs and were designed for imperial use.”
The only key difference between the two culture’s carpets was symbolism, tied to religious art and motifs. Islamic carpets could feature prayer niches or talismanic symbols, such as the Ottoman Cintamani prayer rug shown in the exhibition, decorated with an auspicious motif of three circles, known as cintamani (“wish-fulfilling jewel”) in Sanskrit.
Associated with good luck and power, the motif was very popular at the Ottoman court. Depicted at the centre of the rug is a prayer niche; at the bottom is an abstract representation of the Prophet’s sandals.
Chinese carpets instead depicted motifs related to Taoism or imperial iconography. The Carpet with Flowers, made in the Xinjiang region during the Qianlong period (1736–1795), is a prime example, with stunning floral patterns used in the imperial palace.
Displayed alongside is a piece of Safavid silk fabric with golden brocade, which features a similar design, showing how fluid the visual language between both cultures was.
“A highlight piece of the show is the Kevorkian Hyderabad Carpet, measuring nearly 16 metres long. This grand durbar (audience chamber) carpet is one of the longest Islamic carpets held in any museum,” Chekhab Abudaya says. “Used in Mughal ceremonial courts, it will be displayed in its entirety – a rare opportunity for visitors.
“These objects not only represent extraordinary craftsmanship but also serve as tangible evidence of centuries-long cultural interaction and mutual influence.”
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Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
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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.”
