Taliban set up ministry for 'propagation of virtue and the prevention of vice'
September 18, 2021, 1:09 pm

Taliban set up ministry for 'propagation of virtue and the prevention of vice'

Afghan women

The Associated Press reported, Afghanistan’s new Taliban rulers set up a ministry for the “propagation of virtue and the prevention of vice” in the building that once housed the Women’s Affairs Ministry, escorting out World Bank staffers Saturday as part of the forced move.

It’s the latest troubling sign that the Taliban are restricting women’s rights as they settle into government, just a month since they overran the capital of Kabul. In their first period of rule in the 1990s, the Taliban had denied girls and women the right to education and barred them from public life.

Separately, three explosions targeted Taliban vehicles in the eastern provincial capital of Jalalabad on Saturday, killing three people and wounding 20, witnesses said. There was no immediate claim of responsibility, but Islamic State militants, headquartered in the area, are enemies of the Taliban.

The Taliban are facing major economic and security problems as they attempt to govern, and a growing challenge by IS insurgents would further stretch their resources.

In Kabul, a new sign was up outside the women’s affairs ministry, announcing it was now the “Ministry for Preaching and Guidance and the Propagation of Virtue and the Prevention of Vice.”

Staff of the World Bank’s $100 million Women’s Economic Empowerment and Rural Development Program, which was run out of the Women’s Affairs Ministry, were escorted off the grounds Saturday, said program member Sharif Akhtar, who was among those being removed.

Mabouba Suraj, who heads the Afghan Women’s Network, said she was astounded by the flurry of orders released by the Taliban-run government restricting women and girls.

Meanwhile, the Taliban-run education ministry asked boys from grades 7-12 back to school Saturday along with their male teachers but there was no mention of girls in those grades returning to school. Previously, the Taliban’s minister of higher education minister, had said girls would be given equal access to education, albeit in gender-segregated settings.

“It is becoming really, really troublesome. ... Is this the stage where the girls are going to be forgotten?” Suraj said. “I know they don’t believe in giving explanations, but explanations are very important.”

Suraj speculated that the contradictory statements perhaps reflect divisions within the Taliban as they seek to consolidate their power, with the more pragmatic within the movement losing out to hard-liners among them, at least for now.

Statements from the Taliban leadership often reflect a willingness to engage with the world, open public spaces to women and girls and protect Afghanistan’s minorities. But orders to its rank and file on the ground are contradictory. Instead restrictions, particularly on women, have been implemented.

Source: ap

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.