Organized banking tawarruq and how banks conduct it, a jurisprudential study

This research aimed to study the subject of organized banking tawarruq that banks conduct today by explaining its reality in language and terminology and the difference between it and the sale of the sample and the difference of jurists in its ruling between what is permissible and what prevents this transaction by mentioning the opinions and evidence of the jurists and discussing what came from the likely evidence that the public who said that it is permissible and resolved these The transaction because it is a form of Islamic finance that helps cover many needs and provide cash liquidity to individuals and institutions in a legitimate way, and it has an effective impact in achieving the economic philosophy and achieving the interests of the contracting parties, and it is an important formula through which governments can finance the trade deficit and obtain the necessary cash. Many Islamic financial institutions have dealt with organized banking tawarruq as a legitimate, practical, coordinated and programmed alternative to individual tawarruq that is based on the basis of Shari’a tawarruq and its mechanism. Relative stability to protect against the risk of sharp fluctuations in market prices and then sold for cash on the market In a third, the bank does this on its behalf and with an authorization from it, provided that the purchaser of the commodity is not the bank and the bank has nothing to do with it. If tawarruq falls on this condition, it is permissible.