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Question 3 (2 marks) Islamic finance awareness is becoming more important nowadays, not only among investors, but also among customers. Referring to recent UAE statistics,

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Question 3 (2 marks) Islamic finance awareness is becoming more important nowadays, not only among investors, but also among customers. Referring to recent UAE statistics, how important is the awareness level regarding Islamic finance in general and Islamic banking in particular among both investors and households? (300 words) Question 4 (2 marks) Which new strategies and regulations were implemented in 2020 to regulate Islamic Finance and risk management in the UAE? (100 words) Question 5 (2 marks) Based on your readings, explain the efficiency, merits and stability of Islamic banks compared to their conventional counterparts' system, particularly considering the 2007-09 financial crisis. Make sure you discuss the moral hazard concept. (100-200 words) Question 3 (2 marks) Islamic finance awareness is becoming more important nowadays, not only among investors, but also among customers. Referring to recent UAE statistics, how important is the awareness level regarding Islamic finance in general and Islamic banking in particular among both investors and households? (300 words) Question 4 (2 marks) Which new strategies and regulations were implemented in 2020 to regulate Islamic Finance and risk management in the UAE? (100 words) Question 5 (2 marks) Based on your readings, explain the efficiency, merits and stability of Islamic banks compared to their conventional counterparts' system, particularly considering the 2007-09 financial crisis. Make sure you discuss the moral hazard concept. (100-200 words)

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