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Islamic Finance




Absolute Sale


A sale (ba’i) that involves the exchange of an asset for specified monetary units (the price). With respect to the price (thaman), this sale subdivides into four types:

In except of bargaining sale, the other three types of absolute sale belong to the class of buyu’ al-amanah (trust-based sales).

In Arabic, absolute sale is known as ba’i mutlaq.



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