Grand Ayatollah Shirazi remarks on settling financial disputes, role of Jurist

The daily scholarly meeting of Grand Ayatollah Seyyed Sadegh al-Hosseini al-Shirazi was held on Sunday, the 24th of Jumadi al-Thani. In this session, just like the previous meetings, the Marja answered the questions of the attendees about various jurisprudence issues.

Grand Ayatollah Shirazi discussed the ruling on cancellation in some cases of “Sulh” (a settlement grounded upon compromise negotiated by the disputants). He said: If someone transfers a piece of land in a Sulh settlement when its price was low, and then regretted it after a while when the price of that land increased, their regret is of no effect in the settlement as Sulh is a binding contract, and the deal is finalized, just as it is in a process of sale.

Regarding the ruling on some transactions in which the price of goods will increase with the passage of time, the Marja said: If someone sold goods to another person, and the buyer did not pay for it at the time, and decided to fulfill the debt a few years later, in this case, the buyer owes the seller the current value of the goods.

In relation to the cases of disputes between the buyer and seller, or any financial dispute between two people, his Eminence said: If such disputes arise between two people, and each of them considers themselves to be rightful, their mutually-achieved agreement will be the settlement of dispute if realized. But, if they do not reach an agreement, they must refer to the ‘Ruler of Sharia’ and the well-qualified jurist to resolve their dispute, so that he resolves the dispute between them with his Sharia-based ruling.