Document background
This document serves as a standardized Installment Agreement template designed for use in the United Arab Emirates, providing a legally compliant framework for transactions involving periodic payments. It is commonly used in both business-to-business and business-to-consumer contexts where goods, services, or assets are to be paid for in multiple installments. The agreement incorporates essential elements required under UAE law, including Civil Code and Commercial Code provisions, and can be customized to accommodate various transaction types while maintaining Sharia compliance where necessary. It is particularly valuable for businesses operating in the UAE market that need to establish clear, enforceable payment terms while protecting both parties' interests through properly structured installment arrangements.
