For years Bahrain has been pioneering innovation in Islamic finance. Earlier this year the Central Bank of Bahrain (CBB) adopted a new program that facilitates a regulatory sandbox for fintech start-ups, enabling them to have access to work with banking tools and solutions. Just last month, the Bahrain Economic Development Board (EDB) and Singapores Fintech Consortium announced the launch of Bahrain Fintech Bay (BFB), the largest dedicated fintech hub in the Middle East and Africa. Read understand and interpret the role of Fintech in Islamic Finance and answer the following questions.

a. Appraise the role of Fintech in economic development of Bahrain.

b. Analyze the role of Fintech in achieving SME development in Bahrain.

c. Evaluate the programs undertaken by Fintech.

d. Critically analyze the difference between Auto Ijarah and conventional lease with suitable exam