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Mutual rescission (iqālah) is a dissolution of the contract; it is permissible before the buyer has taken possession of the goods, provided it is done for the original price. It carries neither any further option nor a right of pre-emption.
والإقالة: فسخ فتجوز قبل قبض المبيع بمثل الثمن "ولا خيار" فيها ولا شفعة.