INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

‘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.