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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Difference Between Tawarruq and the Issue of 'Inah

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Question:
He says: What is the difference between the sale of tawarruq and the issue of 'inah?

Answer:
Tawarruq and 'inah: in 'inah, a person buys a commodity for a deferred price, then sells it to the same creditor for a spot price that is less than the deferred price. This is the issue of 'inah, and it is forbidden. It is called 'inah because the seller returns to him the very substance of his money. It is also said that it is called 'inah from "ayn," which is gold, because the aim of it is to obtain cash. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (096) لمعالي الشيخ صالح الفوزان بتاريخ [1436-07-03] - كبار العلماء — youtube.com (30:41)

The Arabic text is a machine transcription of the audio recording.

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