Islamic Scholars View on Bai Al-nah and Al-tawarruq

Abstract

This paper presents the most important views of Muslim scholars on one of the most important transactions in Islamic economics. Bai Al-inah and Al-tawarruq. Focusing on summarizing these important Islamic financial transactions. Also, the paper summarizes the linguistic definition and meaning of both concepts in the Arabic language. It explains the two approaches uncomplicatedly and how to address them. And highlights some opinions of religious scholars in both transactions. How some see these transactions as permissible in Islam and while others see the opposite. It simplifies some differences in both transactions.