The Principle of Immediate Execution of Contractual Obligations In Imamiyyah Jurisprudence and Principles of International Commercial Contracts

The principle of immediate performance of contractual obligations is a fundamental goal in both domestic and international contracts, which has been addressed in both Shia jurisprudence (Fiqh Imamieh) and the principles of international commercial contracts. This paper, employing a library-based study and a descriptive-analytical approach, demonstrates that Shia jurisprudence benefits from several key advantages: "clarifying the structure of the conceptualization of this principle," "explicitly stating the principle of the immediate performance of contract terms," "the urgency of executing contractual obligations without dependence on a demand for performance," and "conditioning the acceptance of early performance on the absence of disproportionate harm to the obligee." By adopting a more contemporary and realistic perspective, Shia jurists can enhance the effectiveness and applicability of legal rulings in today’s fast-paced commercial transactions by referencing sources such as "commercial customs and practices" and by incorporating the condition of immediate performance, which is emphasized and advocated by UNIDROIT.

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Publication Details

Journal
Scientific-Research Quarterly Journal of Law Knowledge
Published
2024-09-20
DOI
https://doi.org/10.62134/srqjl/v2.i4.202409.2
Primary Topic
Legal Studies and Policies
Type
article
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article

The Principle of Immediate Execution of Contractual Obligations In Imamiyyah Jurisprudence and Principles of International Commercial Contracts

Sayied Yaqub Arifi
Scientific-Research Quarterly Journal of Law Knowledge
Legal Studies and Policies
article

The Principle of Immediate Execution of Contractual Obligations In Imamiyyah Jurisprudence and Principles of International Commercial Contracts

Sayied Yaqub Arifi
article en

Abstract

The principle of immediate performance of contractual obligations is a fundamental goal in both domestic and international contracts, which has been addressed in both Shia jurisprudence (Fiqh Imamieh) and the principles of international commercial contracts. This paper, employing a library-based study and a descriptive-analytical approach, demonstrates that Shia jurisprudence benefits from several key advantages: "clarifying the structure of the conceptualization of this principle," "explicitly stating the principle of the immediate performance of contract terms," "the urgency of executing contractual obligations without dependence on a demand for performance," and "conditioning the acceptance of early performance on the absence of disproportionate harm to the obligee." By adopting a more contemporary and realistic perspective, Shia jurists can enhance the effectiveness and applicability of legal rulings in today’s fast-paced commercial transactions by referencing sources such as "commercial customs and practices" and by incorporating the condition of immediate performance, which is emphasized and advocated by UNIDROIT.

Scientific-Research Quarterly Journal of Law KnowledgeVol. 2(4)
Environmental Law Institute (US)
Openalex Percentile: Top 44%
Legal Studies and Policies
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