Arabic source examples:

State of Kuwait · Statutory text

Article 377 of Commercial Code

English translation

If the person ordering the opening of the credit does not pay the bank the value of the shipping documents conforming to the terms of the opening of the credit within three months from the date of his notification of the arrival of those documents, the bank may sell the goods by following the methods of execution against things subject to a commercial pledge. Section Seven Discounting
Arabic original
إذا لم يدفع الأمر بفتح الاعتماد إلى البنك قيمة مستندات الشحن المطابقة لشروط فتح الاعتماد خلال ثلاثة أشهر من تاريخ إخطاره بوصول تلك المستندات، فللبنك بيع البضاعة باتباع طرق التنفيذ على الأشياء المرهونة رهنا تجاريًا.

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