COVID-19 vaccine is permissible for Muslim use, preservation of life is key consideration: MUIS
SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said on Sunday (Dec 13) that it "holds the position that a COVID-19 vaccine is permissible for Muslim use".
"We would advise and encourage Muslims to be vaccinated once it is available and when the vaccine has been medically authorised as safe and effective, as this is a basic necessity to protect lives in the context of a global pandemic," said MUIS.
The council made its religious position on the vaccine known in a media release.
It said that the objectives of introducing a COVID-19 vaccine and the processes involved in producing vaccines are "largely aligned to established Islamic principles and values".
Islamic jurisprudence places great importance on the sanctity and safety of human life and the protection of livelihoods, it said.
Efforts to protect human life from any form of danger and harm, such as the development of vaccines, are therefore highly encouraged in Islam, it added.
Without taking into consideration future dilution, SJ Securities has set a target price of RM1.80 for Inix on a projected basic earnings per share of 10.6 sen and forward price earnings ratio of 17 times.
BATU KAWAN: Iconic Worldwide Bhd aims to become a leading glove maker in the world following its investment of RM155 million for a new personal protective equipment (PPE) manufacturing plant here in Penang.
Its managing director Datuk Tan Kean Tet said the group's wholly-owned subsidiary, Iconic Medicare Sdn Bhd, intends to manufacture and trade latex and nitrile gloves for household, industrial and medical use, as well as two main types of disposable face masks.
"According to the Malaysian Rubber Glove Manufacturers Association, the world demand for gloves is estimated to be 33 billion pieces a year and after the completion of our new manufacturing facility, we are capable of producing 3.3 billion pieces of gloves, which is equivalent to one per cent of the global demand.
"The demand for gloves has been on the rise of 10 per cent per annum pre-COVID, but it is expected to rise over 30 per cent per annum due to the pandemic. We have set our sights on producing 17 billion pieces of gloves which commands a global share of approximately five per cent," he said.
Tan said this at the ground breaking ceremony of Iconic Medicare's PPE manufacturing facility by Chief Minister Chow Kon Yeow here today.
He said the new facility will be installing and commissioning glove and disposable face mask production lines which are expected to yield a minimum production capacity of approximately 330 billion pieces of gloves and approximately 220 million pieces of face mask per annum.
"We expect the glove production to generate a potential revenue of RM1 billion a year while the production of disposable mask is expected to generate a potential revenue of RM100 million per annum once it's fully operational.
"In total, Iconic Worldwide is expected to generate a potential gross profit of RM450 million a year," he said.
He said the new manufacturing facility sited on 2.2 hectares is scheduled to be completed in July next year and operational in September 2021
somehow i very uncertain on inix glove ventuy since the bos commit criminal. but for those who can stay then stay, who just wanna buy, i prefer contra. its obviously going to sideway for several weeks, mybe month.
mizz raya, thats y its a good time for contra. 1 day can make 10%. 10days u can make 100% already during sideway. later shark masuk then u make another 100%. why choose to be stupid when u can act smart.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Selina888
306 posts
Posted by Selina888 > 2020-12-13 19:50 | Report Abuse
I will consider if the price drop below 35.....because risk too high .