Kuwait Court of Cassation principle number 3195

The secured creditor. His reliance on his good faith. Its condition. That the mortgaged real property is owned by the debtor. - Sale with a right of redemption. What is stipulated therein. The seller’s retention of the right to recover the thing sold in exchange for returning the price. The legislature’s adoption of the practice followed before promulgation of the Civil Code of treating the contract as a loan secured by a possessory pledge and applying the provisions governing possessory pledges to it without regard to the procedures imposed by law for the seller’s protection. - 625 - Loan