Kuwait Court of Cassation principle number 930

Although the legislature prohibited—as a general rule—charging interest on accrued interest or interest exceeding in total the - 180 - Obligation principal, it excepted cases in which the Commercial Code permits charging compound interest, including what it provides regarding current accounts with banks while the account remains open, provided that interest is not calculated before three months have elapsed from the date on which the interest was entered in the account, in keeping with banking custom.