It is permissible to buy back a gift in the manner described, 
 because the giver is buying it from someone other than the one to whom it 
 was given.&nbsp;

 And Allaah is the Source of strength.&nbsp;

Gifts and Presents

Fataawa al-Lajnah al-Daa’imah, 16/185

Buying back a gift from someone other than the one to whom it was given

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