** avoid plagiarism, No need copy answer from net, unique answer

1. As we have studied Fair Value Accounting from the book, in your opinion, how does fair value accounting work in general and how it is being used in the Kingdome of Saudi Arabia? (1 mark)
2. With reference to the Saudi Arabians banking systems, what do you mean by Financial Institutions? (1.5 mark)

What are the main functions of Financial Institutions?

Who is authorize to issue rules, regulations and licenses to the banking and non-banking financial institution? List the finance firms are operating in Saudi Arabia.

3- Briefly explain Sukuk in your own words, what are the basic difference between the traditional bond and the sukuk? What is the plan of Saudi Arabia to invest in sukuk bond market? (1.5 marks)

4- As we have studied in chapter 3 Thrift in the light of Credit Risk topic, How to assess the credit risk management of Saudi Banks? Briefly explain in your own words. (1 mark)

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