It does! but you can't use anything Disney added (the tiger, the talking bird, etc..) and your production values would have to be super high to avoid looking like a store-brand knockoff. It's hard to deny that the Disney version does damage the original story in some way

Very likely yes. I was very familiar with this story, and other "Arabian" tales, well before Disney made the original animated version.

We also had Grimm's fairy tales, which I loved reading, and nowadays am reading to my daughter, to her delight. Yes, with beheadings and child-eating monsters and witches.