diff --git a/src/interface.jl b/src/interface.jl
index d04c1ded..6a51f1a5 100644
--- a/src/interface.jl
+++ b/src/interface.jl
@@ -158,3 +158,6 @@ link_libraries!(::CompilerJob, mod::LLVM.Module, undefined_fns::Vector{String})
 
 # whether pointer is a valid call target
 valid_function_pointer(::CompilerJob, ptr::Ptr{Cvoid}) = false
+
+# whether we should compile in imaging mode
+extern_policy(::CompilerJob) = false
diff --git a/src/jlgen.jl b/src/jlgen.jl
index d55d527f..f6a21d3c 100644
--- a/src/jlgen.jl
+++ b/src/jlgen.jl
@@ -213,7 +213,7 @@ function compile_method_instance(@nospecialize(job::CompilerJob), method_instanc
     # generate IR
     native_code = ccall(:jl_create_native, Ptr{Cvoid},
                         (Vector{MethodInstance}, Base.CodegenParams, Cint),
-                        [method_instance], params, #=extern policy=# 1)
+                        [method_instance], params, extern_policy(job) ? 2 : 1)
     @assert native_code != C_NULL
     llvm_mod_ref = ccall(:jl_get_llvm_module, LLVM.API.LLVMModuleRef,
                          (Ptr{Cvoid},), native_code)
diff --git a/src/native.jl b/src/native.jl
index 58543c63..85fb3a46 100644
--- a/src/native.jl
+++ b/src/native.jl
@@ -7,6 +7,7 @@ export NativeCompilerTarget
 Base.@kwdef struct NativeCompilerTarget <: AbstractCompilerTarget
     cpu::String=(LLVM.version() < v"8") ? "" : unsafe_string(LLVM.API.LLVMGetHostCPUName())
     features::String=(LLVM.version() < v"8") ? "" : unsafe_string(LLVM.API.LLVMGetHostCPUFeatures())
+    reloc::LLVM.API.LLVMRelocMode=LLVM.API.LLVMRelocDefault
 end
 
 llvm_triple(::NativeCompilerTarget) = Sys.MACHINE
@@ -16,12 +17,17 @@ function llvm_machine(target::NativeCompilerTarget)
 
     t = Target(triple=triple)
 
-    tm = TargetMachine(t, triple, target.cpu, target.features)
+    optlevel = LLVM.API.LLVMCodeGenLevelDefault
+    reloc = target.reloc
+    tm = TargetMachine(t, triple, target.cpu, target.features, optlevel, reloc)
     asm_verbosity!(tm, true)
 
     return tm
 end
 
+GPUCompiler.extern_policy(job::CompilerJob{NativeCompilerTarget,P} where P) =
+    job.target.reloc == LLVM.API.LLVMRelocPIC
+
 
 ## job
 
diff --git a/test/native.jl b/test/native.jl
index c044c0c8..8a8ae589 100644
--- a/test/native.jl
+++ b/test/native.jl
@@ -307,6 +307,70 @@ end
     end
 end
 
+using Libdl
+
+function generate_shlib_fptr(f, tt, name=GPUCompiler.safe_name(repr(f)))
+    mktemp() do path, io
+        source = FunctionSpec(f, Base.to_tuple_type(tt), false, name)
+        target = NativeCompilerTarget(;reloc=LLVM.API.LLVMRelocPIC)
+        params = TestCompilerParams()
+        job = CompilerJob(target, source, params)
+        obj, _ = GPUCompiler.codegen(:obj, job; strip=true, only_entry=false, validate=false)
+        write(io, obj)
+        flush(io)
+        # FIXME: Be more portable
+        run(`ld -shared -o $path.$dlext $path`)
+        ptr = dlopen("$path.$dlext", Libdl.RTLD_LOCAL)
+        fptr = dlsym(ptr, "julia_$name")
+        @assert fptr != C_NULL
+        atexit(()->rm("$path.$dlext"))
+        fptr
+    end
+end
+
+@static if VERSION >= v"1.7.0-DEV.600"
+@testset "shared library emission" begin
+    f1(x) = x+1
+    @test ccall(generate_shlib_fptr(f1, (Int,)), Int, (Int,), 1) == 2
+    f2(x,y) = x+y
+    @test ccall(generate_shlib_fptr(f2, (Int,Int)), Int, (Int,Int), 1, 2) == 3
+    f3(str) = str*"!"
+    @test_skip ccall(generate_shlib_fptr(f3, (String,)), String, (String,), "Hello") == "Hello!"
+    function f4()
+        # Something reasonably complicated
+        if isdir(homedir())
+            true
+        else
+            false
+        end
+    end
+    @test ccall(generate_shlib_fptr(f4, ()), Bool, ())
+    f5() = :asymbol
+    @test_skip ccall(generate_shlib_fptr(f5, ()), Symbol, ()) == :asymbol
+    f6(x) = x == :asymbol ? true : false
+    @test_skip ccall(generate_shlib_fptr(f6, (Symbol,)), Bool, (Symbol,), :asymbol)
+    @test_skip !ccall(generate_shlib_fptr(f6, (Symbol,)), Bool, (Symbol,), :bsymbol)
+    #= FIXME
+    function f7(A, sym)
+        if sym != :asymbol
+            A[] = true
+        else
+            A[] = false
+        end
+        return nothing
+    end
+    A = Ref(false)
+    ccall(generate_shlib_fptr(f7, (Base.RefValue{Bool}, Symbol)), Nothing, (Base.RefValue{Bool}, Symbol), A, :asymbol); @test A[]
+    ccall(generate_shlib_fptr(f7, (Base.RefValue{Bool}, Symbol)), Nothing, (Base.RefValue{Bool}, Symbol), A, :bsymbol); @test !A[]
+    =#
+    y = [42.0]
+    function cf1(x)
+        x + y[1]
+    end
+    @test ccall(generate_shlib_fptr(cf1, (Float64,)), Float64, (Any, Float64,), cf1, 1.0) == 43.0
+end
+end
+
 end
 
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