1/ Explain how corporate Sukuk have the capability h to complement corporate bonds to finance social and economic infrastructure projects and how it can integrate more efficiently into global capital markets (Consider the GCC countries case). (400 words front size 12). 3 Marks

2/ The global market for sukuk is the fastest growing sector of Islamic finance industry especially over the last five years and this is likely to continue. Provide the reasons with evidence. (600 words Front size 12) 3 Marks.

3/ During 2020, Islamic financial institutions spent most of the year suffering from the two shocks: the pandemic and historically low oil prices. Explain with evidence how Islamic banking financing in GCC has continued to outperform the conventional banking during this period. (Use Central bank statistics and other resources to compare the banks assets growth rate between 2019-2020) (600 words front size 12). 3 Marks

4/ How have Governments of major Islamic finance markets, in particular OIC nations have taken initiatives aimed at performing Islamic finance, such as innovative laws, developing new practices areas in governance and regulatory framework? (600 words front size 12). 3 Marks