Is selling on installments permissible?

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

It is permissible to sell products on installments on condition the final price of the product is agreed upon at the time of sale. [1]

And Allah Ta’āla Knows Best

Abdul Hannan Nizami,
Student Darul Iftaa
Chicago, USA

Checked and Approved by,
Mufti Ebrahim Desai.