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Islamic finance With increasing demand along the Panama Canal, the operators of Seaport XYZ is considering large-scale expansion to their current facilities. Their plans will

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Islamic finance

With increasing demand along the Panama Canal, the operators of Seaport XYZ is considering large-scale expansion to their current facilities. Their plans will require capital totaling US$2 billion, and to acquire the capital, they have decided to undertake their first sukuk issuance. They have hired you as the Islamic finance consultant. Using diagrams, illustrate a possible sukuk structure, with clear elaborations and steps highlighted (15 marks) With increasing demand along the Panama Canal, the operators of Seaport XYZ is considering large-scale expansion to their current facilities. Their plans will require capital totaling US$2 billion, and to acquire the capital, they have decided to undertake their first sukuk issuance. They have hired you as the Islamic finance consultant. Using diagrams, illustrate a possible sukuk structure, with clear elaborations and steps highlighted (15 marks)

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