LessonsParallel Salam (السلم الموازي): Two Independent ContractsQuiz

The original seller in the first Salam cannot be made the buyer in the parallel contract. That would create a buy-back arrangement.

The source also treats a wholly owned subsidiary of the first seller as effectively the same party for this purpose. Partial common ownership is treated differently from complete ownership.

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The Second Buyer Must Be a Genuine Third Party

Parallel Salam (السلم الموازي): Two Independent Contracts

The original seller in the first Salam cannot be made the buyer in the parallel contract. That would create a buy-back arrangement.

The source also treats a wholly owned subsidiary of the first seller as effectively the same party for this purpose. Partial common ownership is treated differently from complete ownership.