Gherbal National Gazette

Law

Criminalising Usury

Type
Law
Date of the text
24/06/1939
Official Gazette
published in 1939
Status today
In force as of 27/08/2026
Articles
11

What it provides

This law criminalises usury, treating a non-commercial loan carrying interest above 9% as a usurious debt. It imposes fines and prison terms on the lender, doubles the penalty for repeat offences, and provides for publication of the judgment and referral of usury rulings to the public prosecutor.

The full text

This act was published in the Lebanese Official Gazette in 1939. Its full text and the original scan are in the Gherbal National Gazette archive.

Search the archive on eljaride.org