Conditions of Installment Sales and Writing the Contract
Machine translationRead the Arabic original
Question:
The questioner asks about the ruling on installment sales: what are their conditions? And is it permissible to mention the conditions in the written contract?
Answer:
Yes, the conditions in a sale are mentioned, whether immediate or deferred, in one installment or multiple installments. The amount of the price must be specified, and the term must be specified. Yes.
The presenter:
May Allah reward you.
The questioner asks about the ruling on installment sales: what are their conditions? And is it permissible to mention the conditions in the written contract?
Answer:
Yes, the conditions in a sale are mentioned, whether immediate or deferred, in one installment or multiple installments. The amount of the price must be specified, and the term must be specified. Yes.
The presenter:
May Allah reward you.
Source
فتاوى على الهواء 13-10-1436هـ — af.org.sa (38:04)
The Arabic text is a machine transcription of the audio recording.