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Question 2 (a) The most important challenge facing the Islamic financial system is to secure system-wide acceptance and implementation. Explain FIVE (5) constraints distorting the

Question 2 (a) The most important challenge facing the Islamic financial system is to secure system-wide acceptance and implementation. Explain FIVE (5) constraints distorting the Islamic economy. (15 marks)

(b) Discuss the challenges faced by Islamic finance in the globalization process. (10 marks)

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