Bai al-wad iyah

https://islamicmarkets.com/dictionary/b/bai-al-wad-iyah
Copy URL

Dictionary term

Definition of "Bai al-wad iyah"

A sales contract in which a seller informs the buyer his actual cost and then gives a further discount on it. Thus, it is a sale at a loss.


Get access to 300+ modules today and learn from expert trainers...