The Bahraini government sold a plot of land to XYZ company. The land was then leased to the government by XYZ company for a 5-year period, which corresponded to the duration of the trust certificates. The XYZ company declared that it would hold these assets in trust for the trust certificate holders. The lease rental payment from the government to XYZ company will exactly match the trust certificates' periodic distribution payments

1, Determine the government's sole purpose for issuing this Sukuk

2, Determine the many parameters that must be met to convert this form of Sukuk to Sukuk Mudaraba. (it is possible to rewrite the case scenario)

3, Analyze how The assets underpinning the sukuk separated from other assets of the originator.

subject ( islamic banking and finance)