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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: FtawySummary from Ftawy's records · added here 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 of Ibn 'Umar.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Source platform
Ftawy
Original fatwa ID
55914
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy