I've been using camels quite a bit as the Moors, but TBH I haven't really noticed my Camels causing any cavalry-routs.
In contrast, other units with scaring abilities such as Coyote Priests and elephants are very noticable, which makes me wonder if the 'Scares Horses' attribute works properly.
EDIT: But give your camels a gun and its a different story...
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