Loans of “ŠU.LAL MÁŠ NU.TUK” from the Old Babylonian Period

Abstract

 Loans are one of the most mimportant cuneiform sources that helped to understand the nature of the economic and financial systems in the ancient Iraqi society. These loans gave us a clear picture of the nature of the borrowing system that prevailed in the ancient Babylonian society, which included two basic types of borrowing texts , the first one represented by interest loan contracts , and the second one is interest-free loan contracts ; As well as the legal and social consequences arising from it.

The Legitimate article problem is to know the real causes behind the common of the interest-free loan , and what the benefit that the lender will get it.

 We have adopted in our study on tow unpublished loans from the Old Babylonian Period. And after highlighting the nature of these loans we concluded that probably these lenders may have been agents or tools of the ruling power that are used to create a kind of equilibrium for the lending system.