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The question

What is the meaning of Bay' al-Inah (sale with back-to-back repurchase agreement)?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Bay' al-'Inah is the sale of a commodity for a deferred price, then purchasing it for a lower price. It was named 'Inah because of the immediate cash received and the return of the capital itself to the seller. Its prohibition has been mentioned in the hadith of Ibn 'Umar.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
55914
Imported
Translation status
Source text, unreviewed
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