Question: Finance Quesrion which requires examples and long explanations. Question 3 When we use money and its role in the Islamic context, does not vary from

Finance Quesrion which requires examples and long explanations. Question 3 When

Finance Quesrion which requires examples and long explanations.

Question 3 When we use money and its role in the Islamic context, does not vary from other economic structures, we should nd monetary policy as an essential instrument available to the government to achieve macroeconomic objectives. Analyse the monetary policy operational framework for Islamic banks; and explain Islamic monetary instruments. [25 marks]

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