TY  - JOUR
T1  - Financing of SMEs by Speculative Formula (Mudharabah): Empirical Study on
Islamic Banks at the Kingdom of Saudi Arabia
AU - Albukaai, Anas Hasan AU - Al-Kafry, Moustafa El Abdallah AU - Albuti, Muhammad Tawfiq Ramadan 
JO  - International Business Management
VL  - 11
IS  - 7
SP  - 1429
EP  - 1436
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.1429.1436
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.1429.1436
KW  - Finance
KW  -Islamic banks
KW  -small and medium enterprises
KW  -speculative formula (mudarabah)
KW  -development
KW  -contribution
AB  - This research studies the contribution of Islamic banks that work in The Kingdom of Saudi Arabia
(KSA) in financing SMEs by speculative formula and the issues that prevent the arrival of this funding to those
facilities. The most important findings of the research: Islamic banks in KSA do not provide funding for SMEs
by speculative formula. Islamic banks in KSA in general tend towards short-term finance by sales formulas.
Islamic banks also face difficulties limit its contribution to the financing of SMEs, the most important is the
inflexibility banking system. The research finds several proposals including: adopt a national standard
definition of SMEs. Accelerate in establishing the SMEs Development Commission and Islamic Loan Guarantee
Foundation that contributes to the advancement of the business environment of SMEs which by consequence
contributes in promoting and supporting its role in the national economy.
ER  -