• Miscellaneous >> Halal & Haram

    Question ID: 160702Country: India

    Title: Can I buy any item from a shop on easy monthly installment?

    Question: Can I buy any item from a shop on easy monthly installment?

    Answer ID: 160702

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 935/665/SN=8/1439)

     

    If the shopkeeper deals it directly not through a bank and at the time of dealing the total price of the goods and the duration of installments is fixed then it shall be lawful to buy the goods in installment. Hence in the question mentioned above you may buy the goods in installments from the shop while maintaining the above mentioned conditions.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India