Business and Dealings

Procedure of a Lay-by sale

Q: A person wishes to purchase some goods from a certain furniture store but does not have the money at present. The seller tells him that he can buy the furniture on lay-by. Will it be permissible for him to purchase the goods on lay-by and how does lay-by actually work? Through lay-by, does one become the owner of the goods immediately or only when the goods are completely paid for?

Sale item not being specified

Q: I went to buy some jewellery. A salesman there told me that there is a scheme where I have to pay 11 instalments in advance and the 12th instalment will be paid by the jewellery company as a bonus or discount. I can then buy any gold jewellery of my choice after 11 months. Is this allowed in Islam?