Publisher's Synopsis
Despite their importance, SMEs still face many problems, such as, in particular, access to finance, a typical challenge in developing countries. Islamic banking finance products may help solve this problem. The main principle of the Islamic financial system can be summarized as follows: prohibition of interest and risk sharing and prohibition of activities with the element of uncertainty and prohibition of gambling activities and ban production and sale of prohibited goods and services in Islam. The sanctity of contracts and the moral dimension and zakat. The aim of this book is to study the developmental role of small and medium enterprises. Moreover, the attempts to investigate the challenges and constraints facing the use of Islamic finance to promote small and medium-sized enterprises (SMEs). Finally, this book attempts to answer the question of how Islamic institutions can solve the financing gap facing small and medium enterprises.
