The inadequacy of the rule of qimi and mithli on the question of the devaluation of money

Document Type : Original Article

Authors

1 P.h.D , Department of Private Law, Kish International College of- University of Tehran , Kish, Iran

2 Professor of Private Law, College of Farabi University of Tehran, Qom, Iran

Abstract

The devaluation of money in Iran has led to interference in determining the precise extent of the liability of a debtors in responsibility of devaluation of money in contractual and non-contractual obligations. Lawyers and jurisprudents will not consider the new dimensions of changes in the nature of money in their analysis. Contemporary jurists simply based on the rule of qimi and mithli deal with the problem of devaluation to of money. But others have deepened the analysis and analyzed the money at a specific time and over time. In this research, we are looking for the question of whether it is relevant to compensate for the devaluation based on the rule of compensation in Imamia jurisprudence. In this regard, we use the descriptive-analytical method to analyze that the jurists have outlined for the enforcement of that rule. The results show that the rule of qimi and mithli about credit money does not have adequacy and for devaluation of money according to the rule of alal Yad and ehsan are more efficient.

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