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Islamic Law of Transaction - Meaning of Sale
A sale (bayʿ) means exchanging one item for another. In Arabic, the word bayʿ is used for both buying and selling, as mentioned in the Qur’an in verses [12:20] and [2:102].
The word bayʿ comes from the Arabic word bāʿ, which means “arm,” because during a sale a person stretches out his arm to give or receive something. Another explanation is that people would stretch out their hands to shake hands after completing a sale. Because of this, another Arabic word used for a sale agreement is ṣafqa, which literally means “a handshake.”
A sale (bayʿ) means exchanging one item for another. In Arabic, the word bayʿ is used for both buying and selling, as mentioned in the Qur’an in verses [12:20] and [2:102].
The word bayʿ comes from the Arabic word bāʿ, which means “arm,” because during a sale a person stretches out his arm to give or receive something. Another explanation is that people would stretch out their hands to shake hands after completing a sale. Because of this, another Arabic word used for a sale agreement is ṣafqa, which literally means “a handshake.”
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