Is it permissible to purchase jewelry in installments and transfer the remaining amount after it has been manufactured and its images seen, knowing that the payment is made through a bank or fast money transfer centers?
It is not permissible to sell gold or silver for currency on a deferred basis, as this involves the forbidden riba an-nasi'ah (usury of delay). The solution is to purchase raw gold or silver and pay its price immediately, then hire someone to fashion it for a known fee. As for other jewelry besides gold and silver, it is permissible to use the istisna' (manufacturing contract) method, paying part of the price in advance and deferring the remainder.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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