SUTAN EMIR HIDAYAT and RONALD RULINDO look at how Shariah compliant syndicated financing can meet the objectives of both Islamic bankers and Islamic economists. For decades, syndicated financing has been regarded as an important element of the financial services industry. This financial arrangement promotes effectiveness of financial services particularly for a deficit unit, for both business entities that demand huge amount of funds to energize their business, and government agencies that require enormous resources to promote the country’s development. In....