TBK National Company with foreign stocks, is it attached to Israel?

Jakarta – The Indonesian Ulema Council (MUI) issued Fatwa number 83 of 2023 regarding the Support Act for the Palestinian struggle. This Fatwa encourages Muslims to boycott pro-Israeli products or countries that support aggression against Palestine. The chairman of the Mui of Da’wah and Ukhuwah KH Cholil Nafis emphasized that the boycott movement must target companies that are the colonialism and genocide led by Israel in Palestine and attached to Israel’s business and economy. The company is therefore included in the category. So what about the national company with an open status (TBK)? Browse to continue the content to correct the issue, the chairman of the Mui section of Da’wah and Ukhuwah, KH Cholil Nafis emphasized that the TBK National Company is not necessary to become only due to ownership of minority shares. Cholil explains three important points. First, the shares of the TBK National Company are freely traded on the scholarship. The company cannot control who is buying its shares. Secondly, the shares purchased are often many minority, under 5%. This small ownership does not affect the company policy. Third, the wrong boycott can actually weaken national businesses. Investment confidence decreases and the stability of the business is disrupted. “If it does not reach 5%, the investor certainly cannot affect the policy,” Cholil explained in the Detikcom Leaders Forum some time ago. If a company like this is boycotted, it has a negative impact on the national economy. Therefore, it is recommended to perform a boycott, selling and sanctions (BDS) instead of boycotting all products. Opponents of incorrect information, strengthen the national economy in the same forum, pro-Palestinian activist Shafira UMM invites the public to incorrect information. According to him, the right boycott will actually generate the local industry. “We have human resources and unlimited creativity, ranging from fashion to food and drinks,” Shafira said. Shafira emphasizes the importance of Solidarity to strengthen the national, local and MSME economy. The government and the community were asked to unite. “This movement is not just a follow -up. It is a form of our rejection of injustice,” Shafira said. Shafira and her community actively conduct studies on Palestine. They work with non -profit institutions to present accurate information. The goal is to fight the wrong narrative that harms the national economy. In addition, his party also strives to encourage people to use local products as an alternative. “We are not anti -economic. We are actually pro -justice and independence,” Shafira said. “We encourage household products to offer their own country,” he concluded. (AKD/AKD)

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