'Inah

Inah (sale and Repurchase) Literally, ˜inah is a loan or an advance payment. It is said in Arabic: tana al-rajul (the man bought on credit). Technically, scholars gave different definitions to ˜inah due to their differing opinions regarding its forms, which will be mentioned later. However, the most famous definition given to it by classical scholars was: A situation whereby a person sells a commodity to another for a specific price with payment delayed until a fixed date, then he buys it back from the other person at a lower price in cash. However, Al-Mawsu'ah Al-Fiqhiyyah (The Juristic Encyclopedia) defines it on the basis of the essence of engaging in it: that it is a loan in the form of a sale in order to make the increase appear lawful. Or Technically: when one sells a commodity for a delayed payment and then buys it from the buyer for a lower price in cash. Some said: it is a loan in the form of a sale, to legitimize the excess. The majority of jurists have forbidden this sale, but al-Shafi and Ibn Hazm permitted it. See ISRA Islamic Financial System: Principles and Operations for further details.


Bai' 'Inah Transactions In The Money Market
Is It Permissible for KFH to Buy Back a Real Estate Property That Was Sold to a Customer on Deferred Payment Basis?
Can a Seller of Goods by Delayed Payment Buy Some of Them Back from the Buyer by Cash Payment?
Is It Permissible for KFH to Purchase Goods Back from the Bank and Then Sell Them to the Same Customer Who Could Not Afford to Pay the Bank for It When the Commodity Arrived?
When Does It Become bayÑ al-ÑÊnah If KFH Sells a Good for a Deferred Payment and Then Buys It After That for a Cash Payment?
Is It Permissible to Finance a Deal in Which There Exist a Suspicion of Bay’ Inah?
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 148th Meeting
The Purchase Undertaker by Deferred Payment Wants to Sell the Good before Completing the Payments
Pre-murabahah Transaction
Murabahah Transaction With A Foreign Company
Murabahah With Exporting And Importing Companies
Revisiting The Rulings On Bai' 'Inah
In a salam contract, to what extent is the buyer allowed to obtain a promise to buy at a specific price from a third party
A Sale and Buy Back without Collusion or Prior Agreement
A Sale and Buyback Deal on Real Estate
Buying a Good When the Importer Can’t Pay for It; Then Selling it to Him
Buying from a Subsidiary and Selling to the Parent Company
When Manufacturing Occurs between Sale and Buy Back
The Agent Buys the Good Back from the Principal
Sale and Buy Back without Stipulation
One Department of the Bank Buys a Commodity in Cash from a Customer Who Bought it by Deferred Payment from Another Department of the Bank
One Department of the Bank Buys a Commodity in Cash from a Customer Who Bought it by Deferred Payment from Another Department of the Bank
After Selling a Commodity for Cash, the Seller Offers to Buy It Back at a Higher Price for Deferred Payment
Can the Buyer of a Commodity Lease It Back to the Seller with a Promise to Sell It Back to Him at the End of the Lease Term?
Can an Islamic Bank Sell Goods to a Company and then Buy Them from Its Subsidiary?
Can a Financial Penalty Be Imposed for Breach of a Promise to Buy?
Is It Allowed for a Customer To Be the Executor of His Own Construction Contract?
Is It Allowed for a Partner to Sell Commodities to Other Partners?
What Parameters for the Financial Independence of Subsidiary Companies Affect the Legality of Transactions with Them?
Is it allowed to offer tawarruq on shares instead of construction materials (iron and cement)?
Is it allowed to buy petroleum equipment from the producer and sell it by murabahah to the client along with a guarantee by the producer?
Is it permissible after conducting a Murabahah contract to act as an agent for the same clients?
What Is the Ruling on Applying a Lease Contract with a Bilateral Promise to Transfer Ownership to the First Seller?
Repurchase of Negotiable Islamic Debt Certificate
Application of Bai` `Inah in Issuance of Negotiable Islamic Debt Certificate
Application of Bai` `Inah in Islamic Interbank Money Market
Application of “Sale and Buy Back” Contract
Islamic Profit Rate Swap Based on Bai` `Inah
Islamic Credit Card Based on Bai` `Inah and Wadi`ah
Commitment Fee on Unutilised Balance of Islamic Overdraft Facility or Revolving Credit
Is It Allowed for KFH to Manage Surplus by Purchasing Government Bonds Based on Bay’ al-Dayn?
Murabaha in Shares
وجود عيوب في السلعة في حالة السلم
شراء البنك سيارات وتأجيرها للبائع نفسه
عدم إكمال الزبون هامش اعتماد البضاعة وطلبه من البنك شراءها
Conditions for Validity of Bai` `Inah Contract
Stipulation to Repurchase Asset in Bai` `Inah Contract
Murabaha - Standard (25)

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