The Description of the Buy-Back Sale ('Inah) and Its Ruling
Machine translationRead the Arabic original
Question:
May Allah bless you. This questioner says: What is the description of the buy-back sale ('inah) and what is its ruling?
Answer:
The buy-back sale ('inah) is when one sells a commodity for a deferred price, then buys it back from the borrower for less than what he sold it for, also on a deferred basis. This is because it is a ruse to reach riba (usury or interest), as if he sold a sum of money for a larger sum on a deferred basis, using the commodity merely as a ruse and a means. This is because the commodity is no longer the intended object; rather, the intention is to sell money for money with an increase and a deferral. Its ruling is that it is forbidden (haram) due to the warnings and prohibitions regarding it. The Prophet (peace and blessings be upon him) said:Sunan Abi Dawud 3462Sahih (Al-Albani). The relevant part of this is his statement, "If you trade with the buy-back sale ('inah)," because it is a ruse to reach the forbidden riba. Yes.
May Allah bless you. This questioner says: What is the description of the buy-back sale ('inah) and what is its ruling?
Answer:
The buy-back sale ('inah) is when one sells a commodity for a deferred price, then buys it back from the borrower for less than what he sold it for, also on a deferred basis. This is because it is a ruse to reach riba (usury or interest), as if he sold a sum of money for a larger sum on a deferred basis, using the commodity merely as a ruse and a means. This is because the commodity is no longer the intended object; rather, the intention is to sell money for money with an increase and a deferral. Its ruling is that it is forbidden (haram) due to the warnings and prohibitions regarding it. The Prophet (peace and blessings be upon him) said:
When you enter into the inah transaction, hold the tails of oxen, are pleased with agriculture, and give up conducting jihad (struggle in the way of Allah). Allah will make disgrace prevail over you, and will not withdraw it until you return to your original religion.
إذا تبايعتم بالعينة وأخذتم أذناب البقر ورضيتم بالجهاد ورضيتم بالزرع وتركتم الجهاد سلط الله عليكم ذلا لا ينزعه حتى ترجعوا إلى دينكم
Source
قناة «العلامة الدكتور صالح الفوزان»، صفة بيع العينة وحكمه - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.