Peace contract and its role in financing for small and medium enterprises

Abstract

The sale of peace is one of the most important financing formulas practiced by Islamic banks for sustainable economic development, and one of the most prominent sectors targeted by Islamic finance through peace and other financing formulas is small and medium-sized enterprises, because of the latter's pivotal role in economic and social development and compensation for the rentier economy, which depends primarily on the hydrocarbon sector; Peace in the financing of small and medium enterprises, by demonstrating the legitimate truth of peace, its economic advantages and characteristics, while demonstrating the reality of Islamic finance, and what SMEs are, and then presenting the areas of peace application as a financing formula for small and medium enterprises.