US judge blocks New York, at least for now, from banning guns in church
October 21, 2022, 9:30 am

US judge blocks New York, at least for now, from banning guns in church

US judge on Thursday (Oct 20) blocks New York, at least for now, from banning guns in church - Photo. Pixabay

A federal judge on Thursday (Oct 20) barred the state of New York, at least for now, from enforcing the part of a closely watched gun law that bans firearms from churches or other places of worship.

The ruling marks the latest victory for gun owners in a tug-of-war with the state of New York over its strict new statute, which as of Sept. 1 makes obtaining a license more difficult and prohibits firearms in a long list of “sensitive” public and private places.

Places of worship are among those places where guns were forbidden. Two church leaders sued last week, saying that such a constraint ran counter to the gun rights spelled out in the Second Amendment of the U.S. Constitution.

US District Judge John Sinatra agreed in a 40-page written ruling, issuing a temporary restraining order against the state of New York from carrying out the law while the court fight proceeds.

Students and adults walk along Fountain Street following a shooting at a school campus in Oakland, Calif., on Wednesday, Sept. 28, 2022. (Ray Chavez/Bay Area News Group via AP)

Sinatra cited a landmark US Supreme Court decision in June that struck down New York's previous law, which barred individuals from carrying a handgun in public without proof of special circumstances. The top court found that the statute, enacted in 1913, violated the Second Amendment.

New York legislators quickly passed new rules on gun ownership which Sinatra, in his ruling, called “even more restrictive” than the law struck down by the Supreme Court.

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“The nation's history does not countenance such an incursion into the right to keep and bear arms across all places of worship across the state,” Sinatra wrote. “The right to self-defense is no less important and no less recognized at these places.”

The judge added that, based on the Supreme Court's ruling earlier this year, the plaintiffs were likely to succeed on the merits of their lawsuit.

A spokeswoman for the New York Attorney General said the office was reviewing the decision and “considering our options in our ongoing efforts to protect New Yorkers and defend our common sense gun laws.”

Source: alarabiya

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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.