This is a red ceramic incense burner / light holder. It has applied painted details and silver decoration featuring the Hand Of Fatima. The Hand Of Fatima is a palm-shaped amulet used as a sign of protection. The Hand Of Fatima or Hamsa Hand is traditionally believed to provide defense against the evil eye.
The holder stands about 6.5" or 16cm tall and is in a clean, unchipped vintage condition.