NBA Commissioner Adam Silver has stayed non-committal about when the league can resume. AFP
NBA Commissioner Adam Silver has stayed non-committal about when the league can resume. AFP
NBA Commissioner Adam Silver has stayed non-committal about when the league can resume. AFP
NBA Commissioner Adam Silver has stayed non-committal about when the league can resume. AFP

NBA 'not in a position' to discuss return until May, says Commissioner Adam Silver

The NBA was the first major North American professional league to shut down over the Covid-19 pandemic

Reuters

April 07, 2020

  • English
  • Arabic

NBA Commissioner Adam Silver has said there will be no decision on ending the league's coronavirus shutdown until May at the earliest.

Silver, speaking on the NBA's Twitter account as part of the league's new NBATogether initiative, said, "in a perfect world" the league would finish the regular season in some form and move onto the playoffs but that it was too early to make projections.

The NBA was the first major North American professional league to shut down over the Covid-19 pandemic.

"Essentially, what I've told my folks over the last week is that we just should just accept that, at least for the month of April, we won't be in a position to make any decisions," Silver said. "And I don't think that necessarily means on May 1 we will be."

In mid-March, with five weeks remaining in the 82-game schedule, the NBA suspended its season until further notice after a player tested positive for the new coronavirus.

Since then a number of other NBA players have tested positive, including former league MVP Kevin Durant of the Brooklyn Nets.

The playoffs were originally scheduled to begin on April 18 and conclude in June and while Silver said the league had been working towards a variety of scenarios to restart the season there were just so many unknowns at this point.

"When we initially shut down we were calling it a hiatus or a pause, there was a notion of 30 days because there wasn't any of the widespread view at that point that our country would in essence be entirely shut down over the next several weeks," Silver said. "The fact is now sitting here today I know less, in a way, than I did then."

Silver said the league was in "listening mode" and discussed with players and teams scenarios for restarting the season, including playing at practice facilities with no fans or moving games to a single city.

But he added that in recent weeks the NBA had gone from discussing scenarios regarding possible start-up dates to a more dialled-back approach while waiting to see what happens with the fight against the pandemic

"Initially, for the first week, two weeks, we were looking at more specific scenarios," Silver said. "If we start this date, what would it mean for the regular season? When would the playoffs begin? When would they conclude?

"And, again, what I've learned over the last few weeks is that we just have too little information to make those sort of projections."

____________________________

The American sports stars donating to fight against coronavirus

  • Utah Jazz player Rudy Gobert, who was the first NBA player to test positive for Covid-19, announced he would be donating $500,000 (Dh1.836 million) to various causes: $200,000 would be provided to game-day staff, while $100,000 will be donated to families impacted by the virus in Utah and Oklahoma City, and the other $100,000 will got to France, Gobert's home country. Reuters
    Utah Jazz player Rudy Gobert, who was the first NBA player to test positive for Covid-19, announced he would be donating $500,000 (Dh1.836 million) to various causes: $200,000 would be provided to game-day staff, while $100,000 will be donated to families impacted by the virus in Utah and Oklahoma City, and the other $100,000 will got to France, Gobert's home country. Reuters
  • Atlanta Hawks CEO Steve Koonin said two weeks before the NBA went into lockdown that "we have to take care of our part-time employees", although what those measures might be has not been made public. AFP
    Atlanta Hawks CEO Steve Koonin said two weeks before the NBA went into lockdown that "we have to take care of our part-time employees", although what those measures might be has not been made public. AFP
  • After Brooklyn Nets player Spencer Dinwiddie tweeted that the organisation has to "take care of the non salary arena staff", team owner Joe Tsai said the Nets were putting a plan in place for the Barclays Center staff. AP
    After Brooklyn Nets player Spencer Dinwiddie tweeted that the organisation has to "take care of the non salary arena staff", team owner Joe Tsai said the Nets were putting a plan in place for the Barclays Center staff. AP
  • Cleveland Cavaliers player Kevin Love was the first player in the NBA to donate money when he pledged $100,000 to staff at Rocket Mortgage FieldHouse - the home of the Cavs. AFP
    Cleveland Cavaliers player Kevin Love was the first player in the NBA to donate money when he pledged $100,000 to staff at Rocket Mortgage FieldHouse - the home of the Cavs. AFP
  • Dallas Mavericks owner Mark Cuban was quick to announce that all employees who work events and games at the American Airlines Center would be paid in full during the NBA lockdown. The Mavs also released a statement saying they will reimburse employees for breakfast and lunch bought at Dallas-area restaurants to both ease their financial burden while helping out local businesses. AFP
    Dallas Mavericks owner Mark Cuban was quick to announce that all employees who work events and games at the American Airlines Center would be paid in full during the NBA lockdown. The Mavs also released a statement saying they will reimburse employees for breakfast and lunch bought at Dallas-area restaurants to both ease their financial burden while helping out local businesses. AFP
  • Detroit Pistons player Blake Griffin said he would be donating $100,000 to the workers and employees who work at the Little Caesars Arena in Detroit. AFP
    Detroit Pistons player Blake Griffin said he would be donating $100,000 to the workers and employees who work at the Little Caesars Arena in Detroit. AFP
  • Golden State Warriors superstar Steph Curry and his wife, Ayesha, announced they were partnering with a food bank to provide one million meals to students in Oakland who cannot attend school during the pandemic. The Warriors as a franchise, including owners, players and coaches, will contribute $1m to a relief fund for Chase Center employees. AFP
    Golden State Warriors superstar Steph Curry and his wife, Ayesha, announced they were partnering with a food bank to provide one million meals to students in Oakland who cannot attend school during the pandemic. The Warriors as a franchise, including owners, players and coaches, will contribute $1m to a relief fund for Chase Center employees. AFP
  • Houston Astros player George Springer said he would donate $100,000 to employees at Minute Maid Park, where the Astros play their home games. AFP
    Houston Astros player George Springer said he would donate $100,000 to employees at Minute Maid Park, where the Astros play their home games. AFP
  • NBA teams Los Angeles Lakers and LA Clippers and NHL team LA Kings, who share the Staples Center, announced they have created a joint-fund to compensate all the part-time and contract staff that work at the arena for NBA and NHL games. Getty
    NBA teams Los Angeles Lakers and LA Clippers and NHL team LA Kings, who share the Staples Center, announced they have created a joint-fund to compensate all the part-time and contract staff that work at the arena for NBA and NHL games. Getty
  • Milwaukee Bucks star Giannis Antetokounmpo announced he and his family would be donating $100,000 to staff at the Fiserv Forum, tweeting: ""It's bigger than basketball". AFP
    Milwaukee Bucks star Giannis Antetokounmpo announced he and his family would be donating $100,000 to staff at the Fiserv Forum, tweeting: ""It's bigger than basketball". AFP
  • Minnesota Timberwolves player Karl-Anthony Towns said he is pledging $100,000 to the Mayo Clinic in Minnesota to assist in the testing facilities for the coronavirus. AFP
    Minnesota Timberwolves player Karl-Anthony Towns said he is pledging $100,000 to the Mayo Clinic in Minnesota to assist in the testing facilities for the coronavirus. AFP
  • New Orleans Pelicans rookie star Zion Williamson said he would be covering the wages of all workers at Smoothie King Center for the next 30 days. "This is a small way for me to express my support and appreciation for these wonderful people who have been so great to me and my teammates," Williamson wrote on Instagram. Reuters
    New Orleans Pelicans rookie star Zion Williamson said he would be covering the wages of all workers at Smoothie King Center for the next 30 days. "This is a small way for me to express my support and appreciation for these wonderful people who have been so great to me and my teammates," Williamson wrote on Instagram. Reuters
  • Former NBA player Jeremy Lin said he was donating $300,000 in total: $150,000 was provided to Unicef and the same amount to China Foundation. AFP
    Former NBA player Jeremy Lin said he was donating $300,000 in total: $150,000 was provided to Unicef and the same amount to China Foundation. AFP
  • USA soccer star Kealia Ohai and husband JJ Watt, the NFL player, have donated $350,000 to Houston Food Bank. Getty
    USA soccer star Kealia Ohai and husband JJ Watt, the NFL player, have donated $350,000 to Houston Food Bank. Getty
  • Charlotte Hornets issued a statement on Sunday confirming that the franchise would be covering the salaries of all part-time workers at Spectrum Center who were scheduled to work any upcoming games that have since been cancelled. Reuters
    Charlotte Hornets issued a statement on Sunday confirming that the franchise would be covering the salaries of all part-time workers at Spectrum Center who were scheduled to work any upcoming games that have since been cancelled. Reuters
  • Chicago Bulls announced over the weekend that they and NHL team Chicago Blackhawks would pay game-day workers who will miss out due to cancelled NBA and NHL games. AP
    Chicago Bulls announced over the weekend that they and NHL team Chicago Blackhawks would pay game-day workers who will miss out due to cancelled NBA and NHL games. AP
  • Indiana Pacers owner Herb Simon has said he has given financial aid to the part-time workers at Bankers Life Fieldhouse - the Pacers' home arena. Reuters
    Indiana Pacers owner Herb Simon has said he has given financial aid to the part-time workers at Bankers Life Fieldhouse - the Pacers' home arena. Reuters
  • Memphis Grizzlies said the franchise would be compensating all game-day employees for any games missed through the end of the year. AP
    Memphis Grizzlies said the franchise would be compensating all game-day employees for any games missed through the end of the year. AP
  • Philadelphia 76ers have said the organisation will cover the wages of hourly and part-time workers at the Wells Fargo Center for cancelled games. AP
    Philadelphia 76ers have said the organisation will cover the wages of hourly and part-time workers at the Wells Fargo Center for cancelled games. AP
  • Washington Wizards owner Ted Leonsis said that all stadium workers and employees will be paid through March 31 for any Wizards and Washington Capitals games they were scheduled to work. AFP
    Washington Wizards owner Ted Leonsis said that all stadium workers and employees will be paid through March 31 for any Wizards and Washington Capitals games they were scheduled to work. AFP
DUBAI WORLD CUP CARNIVAL CARD

6.30pm Handicap US$135,000 (Turf) 2,410m

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

9.25pm Handicap $135,000 (D) 2,000m

 

The National selections

6.30pm: Gifts Of Gold

7.05pm Final Song

7.40pm Equilateral

8.15pm Dark Of Night

8.50pm Mythical Magic

9.25pm Franz Kafka

While you're here
What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3EDual%20permanently%20excited%20synchronous%20motors%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E516hp%20or%20400Kw%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E858Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle%20speed%20auto%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E485km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh699%2C000%3C%2Fp%3E%0A
Kibsons%20Cares
%3Cp%3E%3Cstrong%3ERecycling%3Cbr%3E%3C%2Fstrong%3EAny%20time%20you%20receive%20a%20Kibsons%20order%2C%20you%20can%20return%20your%20cardboard%20box%20to%20the%20drivers.%20They%E2%80%99ll%20be%20happy%20to%20take%20it%20off%20your%20hands%20and%20ensure%20it%20gets%20reused%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EKind%20to%20health%20and%20planet%3C%2Fstrong%3E%3Cbr%3ESolar%20%E2%80%93%2025-50%25%20of%20electricity%20saved%3Cbr%3EWater%20%E2%80%93%2075%25%20of%20water%20reused%3Cbr%3EBiofuel%20%E2%80%93%20Kibsons%20fleet%20to%20get%2020%25%20more%20mileage%20per%20litre%20with%20biofuel%20additives%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESustainable%20grocery%20shopping%3C%2Fstrong%3E%3Cbr%3ENo%20antibiotics%3Cbr%3ENo%20added%20hormones%3Cbr%3ENo%20GMO%3Cbr%3ENo%20preservatives%3Cbr%3EMSG%20free%3Cbr%3E100%25%20natural%3C%2Fp%3E%0A
The%20stats%20and%20facts
%3Cp%3E1.9%20million%20women%20are%20at%20risk%20of%20developing%20cervical%20cancer%20in%20the%20UAE%3C%2Fp%3E%0A%3Cp%3E80%25%20of%20people%2C%20females%20and%20males%2C%20will%20get%20human%20papillomavirus%20(HPV)%20once%20in%20their%20lifetime%3C%2Fp%3E%0A%3Cp%3EOut%20of%20more%20than%20100%20types%20of%20HPV%2C%2014%20strains%20are%20cancer-causing%3C%2Fp%3E%0A%3Cp%3E99.9%25%20of%20cervical%20cancers%20are%20caused%20by%20the%20virus%3C%2Fp%3E%0A%3Cp%3EA%20five-year%20survival%20rate%20of%20close%20to%2096%25%20can%20be%20achieved%20with%20regular%20screenings%20for%20cervical%20cancer%20detection%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2025%20to%2029%20should%20get%20a%20Pap%20smear%20every%20three%20years%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2030%20to%2065%20should%20do%20a%20Pap%20smear%20and%20HPV%20test%20every%20five%20years%3C%2Fp%3E%0A%3Cp%3EChildren%20aged%2013%20and%20above%20should%20get%20the%20HPV%20vaccine%3C%2Fp%3E%0A
Explained
Tomorrow 2021
The%20Beekeeper
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EDavid%20Ayer%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EJason%20Statham%2C%20Josh%20Hutcherson%2C%20Emmy%20Raver-Lampman%2C%20Minnie%20Driver%2C%20Jeremy%20Irons%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
While you're here
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP5
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%20Main%20%E2%80%93%206.7%22%20FHD%2B%20Dynamic%20Amoled%202X%2C%202640%20x%201080%2C%2022%3A9%2C%20425ppi%2C%20HDR10%2B%2C%20up%20to%20120Hz%3B%20cover%20%E2%80%93%203%2F4%22%20Super%20Amoled%2C%20720%20x%20748%2C%20306ppi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Qualcomm%20Snapdragon%208%20Gen%202%2C%204nm%2C%20octa-core%3B%20Adreno%20740%20GPU%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20256%2F512GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2013%2C%20One%20UI%205.1.1%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2012MP%20ultra-wide%20(f%2F2.2)%20%2B%2012MP%20wide%20(f%2F1.8)%2C%20OIS%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%204K%4030%2F60fps%2C%20full-HD%4060%2F240fps%2C%20HD%40960fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2010MP%20(f%2F2.2)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%203700mAh%2C%2025W%20fast%20charging%2C%2015W%20wireless%2C%204.5W%20reverse%20wireless%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%205G%3B%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Samsung%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Nano-SIM%20%2B%20eSIM%3B%20no%20microSD%20slot%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Cream%2C%20graphite%2C%20lavender%2C%20mint%3B%20Samsung.com%20exclusives%20%E2%80%93%20blue%2C%20grey%2C%20green%2C%20yellow%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Flip%204%2C%20USB-C-to-USB-C%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh3%2C899%20%2F%20Dh4%2C349%3C%2Fp%3E%0A
Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Tu%20Jhoothi%20Main%20Makkaar%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELuv%20Ranjan%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Shraddha%20Kapoor%2C%20Anubhav%20Singh%20Bassi%20and%20Dimple%20Kapadia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
More coverage from the Future Forum
While you're here
While you're here

The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
SPECS
%3Cp%3E%3Cstrong%3EEngine%3C%2Fstrong%3E%3A%202-litre%20direct%20injection%20turbo%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%207-speed%20automatic%20%0D%3Cbr%3E%3Cstrong%3EPower%3C%2Fstrong%3E%3A%20261hp%20%0D%3Cbr%3E%3Cstrong%3ETorque%3C%2Fstrong%3E%3A%20400Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3C%2Fstrong%3E%3A%20From%20Dh134%2C999%26nbsp%3B%3C%2Fp%3E%0A
Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

Spider-Man: No Way Home

Director: Jon Watts

Stars: Tom Holland, Zendaya, Jacob Batalon 

Rating:*****

match info

Athletic Bilbao 1 (Muniain 37')

Atletico Madrid 1 (Costa 39')

Man of the match  Iker Muniain (Athletic Bilbao)

%3Cp%3EMATA%0D%3Cbr%3EArtist%3A%20M.I.A%0D%3Cbr%3ELabel%3A%20Island%0D%3Cbr%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
While you're here
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching