Bai al inah

Resource type: Glossary item

Status: Maintained

A sale and buy-back transaction, where a customer sells an asset to a financial institution and then buys it back at a higher price. The transaction is designed to provide the customer with a cash sum.

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  • Resource ID: 3-367-4017
  • Products:  IP&IT, PLC UK Commercial, PLC UK Environment, PLC UK Finance
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
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  • Islamic FinanceIslamic Finance (http://finance.practicallaw.com/3-201-5201)
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