One of the challenging subjects in Islamic economics is necessary or unnecessary compensation for currency devaluation in exchanges (especially in loan). In this article, eight reasons have been presented for necessity of currency devaluation compensation. On the basis of finding of this article, to sum up, currency devaluation compensation is far from definition of usury and it should be compensated necessarily. Acceptance of this term in economy will lead to changes in economic exchanges of which the minimum result will be more suitable distribution of income and wealth and non acceptance of currency devaluation compensation in term exchanges will alter justice recommended in Islam.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode