Is it permissible to obtain a loan from the Jordan Islamic Bank to purchase a commodity and then sell it to the same seller to obtain cash liquidity, with a prior intention to do so, and is this considered a circumvention of riba (usury)?

The majority of scholars permit Tawarruq, which is purchasing a commodity to obtain its immediate cash value. However, it is not permissible to sell it back to the original seller for less than its price before receiving the full payment. This is the issue of 'Inah, which is prohibited because it is a means to usury (riba), and a severe warning has been issued concerning it in the Hadith (definition). As for Tawarruq, which is selling the commodity to someone other than the original seller, it is permissible.