Investigation of Juristic Essentials of Lawfulness of Demand of Late Payment Damages from Islamic Sects’ Perspectives

Based on automatic liabilities,general rules of transactions,juristic rules,and rules of principle of jurisprudence,the present research discusses and surveys lawfulness of demand of late payment damages.According to such essentials,one can assert that money is not merely a fungible property to be treated only on the basis of rules and effects of fungible properties;rather,one can make judgment that late payment damages caused by depreciation of monetary value should be indemnified even beyond conditions mentioned in the article no.522 of principles of civil litigation due to analogies made between money and merchandise as well as procrastination and usurpation,destructing others’ properties,preparing grounds for damaging others, juristic rules of “there is no damage in Islam,”negation of hardship,prohibition of consumption of others’ properties in vanity,etc.on the one hand and such definite religious principles as justice,negation of ignorance in contracts,fulfillment of promises as well as judgment of the custom,public interest,and this fact that nature of credit monies is nothing but purchasing power.Making such religious judgment seems necessary,for the modern era has its own necessities and limiting religious precepts to appearance of religious proofs as well as jurists’ verdicts would allow opponents to blame the perfect,thorough Islamic law as being insufficient and fanaticism