Purpose of the study: This research deals with Manufacture Contract (Istisna'a contracts) Arabic (الإستصناع) in terms of their concept, importance, and risks related to them; as one of the means used by Islamic banks to meet the individuals special needs of goods and products that require special specifications.

Methodology: The study is based on the descriptive approach that gave a clear picture of Istisna'a is a contract and as a financing formula. It is meant by the terms and conditions of its validity and legitimacy, distinguishing it from the other financing forms witnessed by the banking reality, the methods and procedures of its application and its importance.

Results: it does not stipulate what is required in the peace contract to accelerate the price, a contract that recognizes contemporary jurisprudence in need of modification and development to be removed from its traditional image to a new image through which it is able to accommodate the fate Greater than the requirements for industrial finance. Given the importance of this contract in the field of industrial investments carried out by Islamic banks, the many questions that may be raised about its legitimacy, its relevance to other contracts, the risks faced by banks in applying it, and the solutions that must be prepared to address it, we have chosen it to be the subject of this study.

Applications of this study: This research can be used for the universities, teachers, and students.

Novelty/Originality of this study: In this research, the model of Manufacture Contract (Istisna’a), Concept, Importance & Risks is presented in a comprehensive and complete manner.


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