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Bay’ Al-Inah (Buy Back Sale) and Its Position in Modern Islamic Finance

  • Mohd Ma’Sum Billah
Chapter

Abstract

The Chapter focuses on a certain type of transaction discussed by old Muslim jurists and different opinions with variable justifications and reasoning have been arisen on. That is Bay’ Al-’Inah”. Therefore, I will offer a comparative view and assessment about it, and then analyze the applications possible when implementing this kind of transaction into an active banking system.

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Islamic Economics InstituteKing Abdulaziz UniversityJeddahSaudi Arabia

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