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The sukuk bond issued by EA is of the wakala variety (comparable to principal-agent model), even though the largest block of sukuk bonds falls into

The sukuk bond issued by EA is of the "wakala" variety (comparable to principal-agent model),  even though the largest block of sukuk bonds falls into the"ijara" category (sale and lease back).



Why did the company choose this structure? Is it the right structure? Why or why not?

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