With reference to question in case study Session 3, please answer the following questions. 1. Apply the passive asset allocation in your portfolio and evaluate the performance. 2. From you point of view, is this technique useful in Islamic asset management? Please explain with examples. 3. Perform a simple analysis on the performance of any Islamic mutual fund as compared to a conventional one. Perform the analysis in terms of: a) Return (look into the NAV of the mutual funds) b) Risk (analyse individual level of risk) c) Marketability (are they perceived as a worthy investment in the long-run?)