INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

‘Islam forbids infringement on intellectual property rights’

Islam forbids infringement on intellectual property rights and requires a person to respect the rights of others. AFP
  • The Committee for Ifta pointed out that ideas have value according to the regulations issued in this regard, and therefore an infringement on them is not permissible
  • The Committee warned against taking possession of the intellectual rights of others, benefiting from them, or taking compensation for them except with the permission of their owner

 Islam forbids infringement on intellectual property rights and requires a person to respect the rights of others, warning against seizing these rights or benefiting from them without the permission of their owners, the Permanent Committee for Ifta said

In a statement on intellectual rights, the Committee pointed out that ideas have value according to the regulations issued in this regard, and therefore an infringement on them is not permissible. It further said that the material and financial effects resulting from intellectual rights are the right of their owners and shall not be infringed on or taken without the permission of their owners with a contract or permit.

The Committee warned against taking possession of the intellectual rights of others, benefiting from them, or taking compensation for them except with the permission of their owners, recommending everyone to fear Allah Almighty and beware of infringing on the rights of others.

The Grand Mufti of the Kingdom, Chairman of the Council of Senior Scholars, General President of Scholarly Research and Ifta, Sheikh Abdulaziz bin Abdullah Al Al-Sheikh, praised the contents of the statement, noting that it seeks to achieve a noble goal of raising awareness of intellectual property rights, protecting the Kingdom from violating such rights and promoting respect for them.