Juridical (Legal) Study of Compensation of Delayed Payment (Remittance) of Cash

  •  Alireza Amini    
  •  Reza Bakhtiyari    


Compensation of delayed payment (remittance) is the harm caused by non-payment of debt (cash) in deadline to creditor which is one of the best examples of this issue in the banking. Receiving compensation for delayed payment (remittance), is a common and customary in the world and lack of it, strong enforcement to receive demands wouldn’t be there from debtors but in Islamic jurisprudence receiving additive payment on the principle of debt has been considered as an example of usury, thus considering the importance of the debate, a more detailed explanation seem necessary in view of jurists and the question is posed what is the Shiite jurists' arguments on this?

Of achievements of this study which has been done descriptive-analytic is the examination of arguments of adherents of permissibility or impermissibility of receiving compensation for delayed payment to compel the debtor to pay of his/her debt.

This work is licensed under a Creative Commons Attribution 4.0 License.