Definition of the Buy-Back Sale (‘Inah) and Its Ruling
Machine translationRead the Arabic original
Question:
We conclude this session with a question from one of the brothers. He says: There are many sales in our time, including the buy-back sale (‘inah). What is an example of it? What is its ruling? And is it permissible in our time?
Answer:
The buy-back sale (‘inah) means that you buy a commodity for a deferred price, then you sell it to someone other than the one you bought it from, whom you borrowed from, and you benefit from its price. The person in need finds no one to lend to him, so he resorts to buying a commodity for a deferred price, then selling it to someone other than the creditor, and then benefiting from its price. When the term comes due, he pays the creditor. This is permissible according to the majority of scholars due to pressing need. Yes.
We conclude this session with a question from one of the brothers. He says: There are many sales in our time, including the buy-back sale (‘inah). What is an example of it? What is its ruling? And is it permissible in our time?
Answer:
The buy-back sale (‘inah) means that you buy a commodity for a deferred price, then you sell it to someone other than the one you bought it from, whom you borrowed from, and you benefit from its price. The person in need finds no one to lend to him, so he resorts to buying a commodity for a deferred price, then selling it to someone other than the creditor, and then benefiting from its price. When the term comes due, he pays the creditor. This is permissible according to the majority of scholars due to pressing need. Yes.
Source
نور على الدرب - الفوزان - 03/051 — archive.org (15:13)
The Arabic text is a machine transcription of the audio recording.