Al-bakh

Definition of "Al-bakh"

Lit: Too little, too low, very low (price). Tech: Qur’anic term for exploitative decrement in value to others by traders in contracts of sale. The people of Madyan during the life-time of Prophet Shu‘aib used to exploit the strangers by colluding with each other and declaring genuine money (coins) of the strangers as false or spurious. The stranger would, thus, sell those coins to them at a low price. Thus, they would deprive the ignorant stranger by collusion and deceit.