What is the ruling on reverse tawaruq, which some banks conduct?

Reverse Tawarruq is when a client (depositor) authorizes the bank to purchase a specific commodity, and the client pays the bank the price in cash. Then the bank buys this commodity from the client at a deferred price and an agreed-upon profit. This transaction is prohibited because it resembles the forbidden 'Inah (buy-back) transaction, falls under the concept of forbidden organized Tawarruq, and contradicts the goal of Islamic finance, which is based on linking finance to real economic activity.