تمويل المشروعات الصغيرة والمتوسطة الواقع والمأمول

The aim of this research is to identify the reality of small and medium enterprises in Libya and the obstacles they face، which prevented the achievement of their goal of encouraging entrepreneurship and innovation، improving the competitivenessof the economy، reviving economic growth، creating job opportunities and contributing to diversifying sources of income.Emphasis was placed on the problem of financing، which represents the main obstacle to the establishment and development of these Enterprises. After reviewing the most important reasons for this obstacle، a proposal was presented to address the financing gap between small and medium enterprises and the various financing bodies. This proposal contained a set of elements، including the unification of the authorities directly supervising Supporting these Enterprises، so that the technical arm and the financing arm are combined، as well as the need to support and reform the banking system (commercial banks and specialized banks)، as the main source of funding for these Enterprises، in addition to paying attention to modern financing mechanisms، including financial leasing، venture capital and the stock market، as well as Benefit from some development programs offered by international organizations and bodies. The proposal also included a presentation of some Islamic financing formulas، as it is one of the most appropriate mechanisms for financing small and medium enterprises، which، if employed optimally، can contribute significantly to addressing the problem of financing these Enterprises. Keywords: small and medium enterprises، finance، Islamic financingformulas، Commercial Banks، Specialized Banks