Islam, as a religion aims to realize social justice and to spread welfare to all segments of the society. In Islamic law, a number of necessary arrangements have been made to achieve this goal. It may be expressed that these regulations, which fall within the scope of maslaha (general interest) are intended for protecting the interests of the parties and preventing their harm. Regulations of economic life are also evaluated within this scope. During the periods of economic crises and high inflation money loses its value. As a result, a loss emerges for the creditor. According to the general principles of Islamic law, the creditor must be reimbursed for any financial loss incurred. This is only possible through providing him with the compensation for the loss of monetary value. Islamic Law has established a set of principles concerning the compensation for the loss of monetary value. This paper endeavors to specify these legal regulations.
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