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Question 4 (25 Marks) a. Islamic finance has been growing rapidly since the past decades and gaining in popularity as an alternative to conventional finance and is currently the fastest growing banking segment. Based on your understanding, what are the differences between Islamic finance and conventional finance and briefly explain the concepts of riba(interest) and how returns are made by Islamic Financial instruments. (15 Marks) b. The accountancy profession has evolved from just traditional reporting into a new dynamic of accounting, due to technological advancement. Based on your opinion, debate the implication of technology towards accounting. (10 Marks) END OF QUESTIONS