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PERMISSIBLE SALES (:fire:bay' al-muqayadah (the direct exchange of a…
PERMISSIBLE SALES
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:fire: Bay' al-juzaf
The sale of a measurable, countable, or weightable commodity without determining its quantity, number of units, or weight
usually involves foodstuffs such as meat, vegetables
:fire:Bay' al-inah
the selling of an asset with a mark up price on deferred payment, with the intention to sell the same asset to the debtor with lower cash price, which is meant to settle his debt
:fire:bay' al-tawarruq
Buying a commodity with deferred payment and selling it to a person other than the buyer for a lower price with immediate payment.
:fire:bay' al-istisna'
a contractual agreement with manufacturer to produce items with specified description at a determined price, and manufactured from his own materials with his own effort.
:fire:bay' al-muzayadah
A transaction that involves the sale (bay') of an asset in the open market based on the process of bidding amongst potential buyers.
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:fire:Bay' bithaman ajil
sale contract in which the payment of the price is deferred and payable at a certain particular time in the future
:fire:Bay' al-urbun
Earnest money which forms part payment of the price of goods or services paid in advance, but will be forfeited in the event the transaction is cancelled
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:fire:Bay' al-wafa'
A sale in which the seller has the right, as stipulated in the contract, to repurchase the underlying property (an estate like a house or land) from the buyer by refunding the purchase price.
:fire:Bay' al-istijrar
A contract whereby a supplier agrees to deliver a specific commodity/item to a customer, on an ongoing basis (weekly, monthly, etc), at an agreed price and method of payment
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