UAE Commercial Transactions Law

Article 474 — Article (474)

Book Three: Banking Transactions · Part Six: Commercial Transactions of Islamic Financial Institutions · Chapter One: General Provisions: Article (468)

Financial obligations arising from commercial transactions and contracts governed by the provisions of this Part shall be of specific and definite sum, and shall be deemed debts whose sums may not be increased where their maturity dates are deferred, and any agreement to the contrary shall be null and void.

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