Question: Please answer the questions properly atar Global Sukuk Case Stud Please read carefully the following Qatar Global Sukuk's Summary and answer the questions bello Qatar

Please answer the questions properly
 Please answer the questions properly atar Global Sukuk Case Stud Please
read carefully the following Qatar Global Sukuk's Summary and answer the questions

atar Global Sukuk Case Stud Please read carefully the following Qatar Global Sukuk's Summary and answer the questions bello Qatar Global Sukuk QSC was incorporated as a joint stock company in Doha during October 2003, and established a joint-venture special purpose vehicle (SPV) by the government of Qatar, Qatar International Islamic Bank (QIIB) and HSBC. On 8h October, 2003 the government of Qatar issued US $700 million worth of Trust Certificates (sukuk) due 2010. The proceeds from this issuance were utilised to finance the construction and development of the Hamad Medical City located in Doha, Qatar Each certificate holder has an undivided beneficiary right to a land parcel (which is the medical complex) between October 2003 and 2010. Under the arrangement the SPV buys the parcels from the government of Qatar and re-sells them to the buyers of the issues. It does so by buying the beneficiary rights and keeping them as a trust and issuing trust certificates (sukuk) to the investors. The distribution dates are the ninth day of every April and October. The SPV. on behalf of the investor, leases the land parcel back to the Government of Qatar in conformity with the Master Ijarah Agreement. Under the terms of the agreement between the issuer (lessor) and government (lessee) the rental payments are to be calculated semi-annually (in Apl and October) with reference to LIBOR plus the margin, and will equal the periodic distribution amounts payable on the respective dates

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