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Islamic Finance




Al-Bay’ al-Mutlaq


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

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

Al-bay’ al-mutlaq is an Arabic term that translates into absolute sale.



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