Definition of 'Inah and Explanation of Its Ruling
Machine translationRead the Arabic original
Question:
This person asks and says: Regarding the issue of 'inah, I hope you will mention an example of it in buying and selling. May you be rewarded. What is its ruling?
Answer:
The issue of 'inah is one of the issues of riba (usury or interest), because it is a stratagem to reach riba. It is when a person sells a commodity for a deferred price, then buys it back from the one who sold it to him. The buyer buys it from the seller for a spot price that is less than the deferred price. This is 'inah, because it is essentially an exchange of dirhams for dirhams, and the commodity is made a means to riba and a stratagem. This is the issue of 'inah. It is called 'inah because the seller returns to the actual substance of his money, and he returns with an increase in the price. Yes.
The presenter:
May Allah reward you.
This person asks and says: Regarding the issue of 'inah, I hope you will mention an example of it in buying and selling. May you be rewarded. What is its ruling?
Answer:
The issue of 'inah is one of the issues of riba (usury or interest), because it is a stratagem to reach riba. It is when a person sells a commodity for a deferred price, then buys it back from the one who sold it to him. The buyer buys it from the seller for a spot price that is less than the deferred price. This is 'inah, because it is essentially an exchange of dirhams for dirhams, and the commodity is made a means to riba and a stratagem. This is the issue of 'inah. It is called 'inah because the seller returns to the actual substance of his money, and he returns with an increase in the price. Yes.
The presenter:
May Allah reward you.
Source
نور على الدرب - الفوزان - 03/002 — archive.org (7:00)
The Arabic text is a machine transcription of the audio recording.