Saahib al-'iinah(redirected from Saahib al Iinah)
In Islamic law, the borrower in a bai al-inah. In this contract, the borrower buys an item on credit and immediately sells it back to the original owner at a lower price for cash. This effectively creates a loan at interest, which is prohibited in Islam.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved