The ruling on selling a commodity on credit and then buying it for cash

The questioner:
May Allah keep you safe, I am continuing the discussion on 'inah.

The Shaykh:
There is no harm in the transaction, and there is no harm in it. They call it a promise among people. You buy a car for ten thousand and sell it for twelve thousand over twelve months, one thousand each month. You find that the profit is two-thirds of this.

The questioner:
The seller, may Allah protect them, must be in possession of the place; he must take it out.

The Shaykh:
He must take possession of it; he does not sell it while in the state of possession.

The questioner:
If he, may Allah reward him, takes a price higher than that, if he takes a price higher than the car, meaning, meaning he tests it.

The Shaykh:
The point is, if he sells it and then buys it for cash, and then sells it on installments, this is disliked. Indeed, this is disliked. The intention is that he sells it, or gets married, or pays off a debt, or builds a house. He buys the land for one hundred thousand and sells it, and gets married and builds his house. And this, if he bought it for one hundred thousand on deferred payment, in installments, one thousand each month, or two thousand each month, or ten thousand each year, or whatever, ten thousand. This is called al-wa'ibah. They call it al-tawri'ah. He buys it and sells it to him. If he takes possession of it or owns it, he sells it to him. He says, "Return it to him after two or three days," like the merchants. This is the work of merchants.

The questioner:
He says to you.

The Shaykh:
My soul, buy it and name it for him.

The questioner:
May Allah reward you. For example, some merchants have, for example, coffee or something like that. Then a buyer comes, and he buys it from the same person who benefits from the amount. Is there riba in this? May Allah reward you.

The Shaykh:
And it is not.

The questioner:
The same owner who sold it buys it from him.

The Shaykh:
He sold it on credit.

The questioner:
No, may Allah reward you. For example, he wants, for example, to buy.

The Shaykh:
For ten thousand riyals. He says, "Let it be, pay, for example, I will give you eight thousand." He himself returns and buys it from him for eight thousand riyals. Who is the one buying?

The questioner:
The seller.

The Shaykh:
This is a form of 'inah. He sold it for ten on credit and bought it for eight. So this is a form of 'inah. If he sold it for ten on credit and then bought it for eight in cash, this is a form of 'inah. If it means he gave him eight and he gives him ten, this means riba. A trick, a split trick.

The questioner:
I am just, my grandfather.

The Shaykh:
Ha, that was not my intention.

The questioner:
The matter, meaning.

The Shaykh:
And since he did this, this is his intention. And even if it was not his intention, it is a means to the intention.

The questioner:
May Allah forgive you. Now he buys the commodity for my sake, may Allah forgive you, and obligates me in it if I did not buy it.

The Shaykh:
No, it is not necessary. It is not sold until he owns it. If he owns it and then you agree, the sale is binding. But before that, no. Each one has the choice.

The questioner:
Meaning, if there is an agreement at the beginning, it is permissible.

The Shaykh:
If he did not sell it, the purchase is not valid for sale. The warning, the caution, means intimidation. Because it is, then, a devil's intimidation by Allah. End.