2016
DOI: 10.5539/jpl.v9n7p257
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Juridical (Legal) Study of Compensation of Delayed Payment (Remittance) of Cash

Abstract: 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 import… Show more

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