Brunei's First Public Debts Through Sukuk Al-Ijarah

The Brunei Government will have its first public debt very soon. The Finance Ministry officially launched the short term Brunei Dollar Islamic Bond Sukuk Al-Ijarah yesterday. The questions which a lot of people are asking - what is sukuk and why is the government issuing this?To the completely uninitiated, a bond is basically an IOU note issued by the government which you buy and the government