1.      This standard covers syndicated financing carried only between institutions and individuals

Which of the below is not a mode for providing syndicated financing to customers

It is not permissible by Shariah for an Islamic institution to be partners with a conventional bank when conducting syndicated financing.

 It is permissible for the partners in a syndicating financing to receive their share of profit and entitlement in any currency

 It is not permissible for a partner to offer guarantee for the other partner in syndicated financing

Only a non-Islamic bank can be the lead arranger if33% of syndicated financing is from conventional sources

It is prohibited for Islamic financial Institution to provide syndicated financing to a part of the project that also received financing from conventional modes

It is permissible for the leading institution to receive commission for performing the preparatory tasks such as conducting feasibility studies

In Paid-agency the agent will be entitled to remuneration only if profit is materialized.

 After getting approval from a Shariah advisor , syndicated financing can be channeled towards investment activities that are non-permissible in Shariah,