أسباب عزوف المصارف الإسلامية عن بيع السلم : دراسة حالة المصارف الإسلامية في العراق

Abstract EN

This research aims to discuss the sale of Salam (Bai Al-Salam) from the theoretical and jurisprudential aspects, as well as explaining the importance of Bai Al-Salam in financing the agricultural sector and shedding light on the reasons for not implementing it the Islamic banks in Iraq.

The research problem of this study stems from the absence of Bai Al-Salam implementation in the Islamic banks in Iraq.

This study adopts the descriptive approach in presenting the research problem and its theoretical aspects and followed the qualitative approach using semi-structured interviews to collect and analyze the data and provide potential solutions for the application of Bai Al-Salam in the Iraqi Islamic banks.

The study revealed that Bai Al-Salam contract is an Islamic financing contract suitable for the agricultural sector.

For the sake of reducing the risks associated with Bai Al-Salam contract, a parallel Salam contract can be introduced.

It is noted that the Islamic banks in Iraq don’t implement Bai Al-Salam contract due to the lack of demand by customers, and the risks associated with it, as well as the lack of sufficient knowledge of Bai Al-Salam in Iraqi Islamic banks.

The researcher recommends that the Central Bank of Iraq encourage the Islamic banks to implement the Salam contract, as it is an important financing mean to support the agricultural sector that the country needs.