One of the steps to follow to develop an investment fund which has been structured to adhere to Shari'ah principles whilst at the same time making use of forfaiting assets was screening is required to ensure that the products underlying the LCs do not run counter to Shari'ah principles. the fund sponsors had to be careful in ensuring that the pool of non-Islamic forfaiting assets was not used to directly satisfy the Islamic compliant obligations under the commodity and trade financing arrangements. there had to be a sign off by Islamic scholars to verify that Shari'ah strictures had been met with. all of the options Under the terms of Islamic finance (Shari'ah) charging interest is OK, but short selling stock is forbidden. selling debt at a reduced value is strictly forbidden. buying low and selling high is forbidden. none of the options