Bai' Muajjal
بيع مؤجل
Pronunciation: BY-uh moo-AJ-jal
A credit sale where delivery is immediate and payment is deferred to an agreed future date.
Definition
A credit sale: the buyer takes the goods now and pays the agreed price at a fixed later date or in installments. The term describes the payment timing, so a Murabaha with deferred payment is also a Bai' Muajjal.
Conditions are that the price and due dates are fixed at signing, the seller owns and delivers the goods, and no increase is charged for late payment. It is the mirror image of Salam, where payment is immediate and delivery is deferred.
Related Terms
Bai' Bithaman Ajilبيع بثمن آجل
A deferred-payment sale: the price is fixed up front and paid in installments, usually higher than the cash price.
Murabahaمرابحة
A cost-plus sale where the seller discloses the original cost and adds a transparent, agreed-upon markup.
Salamسلم
A forward sale - full payment upfront for goods delivered at a future date.
Bay'بيع
A sale contract - the foundational transaction type in Islamic commercial law.
Sarfصرف
Currency exchange: trading money for money, which must be settled on the spot to avoid riba.
Khiyarخيار
An option to confirm or cancel a sale within a set period or on a set condition.
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Bai' Muajjal (بيع مؤجل) - A credit sale where delivery is immediate and payment is deferred to an agreed future date. A credit sale: the buyer takes the goods now and pays the agreed price at a fixed later date or in installments. The term describes the payment timing, so a Murabaha with deferred payment is also a Bai' Muajjal.
- A credit sale where delivery is immediate and payment is deferred to an agreed future date.
- Category: Contracts
- Related: Bai' Bithaman Ajil, Murabaha, Salam, Bay', Sarf, Khiyar
- Compare related Shariah-compliant products on HalalWallet
Source: HalalWallet (halalwallet.ca)
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Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-10-01
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