Selling a property stipulating purchasing

Q. Some people sell their property with the condition of buying the same later from the buyer at a higher price. Are such deals valid?

A: Such fraudulent deals are ḥarām and void because they are not really intended and they serve as a means to obtain a ribā-bearing loan. However, if the sale was concluded seriously and in a shar‘ī way, there is no harm in buying the property back from the buyer later for the same price or even at a higher one in cash or in credit.
 

 

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