Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 41

State of Kuwait · Pleadings — Part One · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Payment in foreign currency is permissible, whether upon conclusion of the contract or upon its performance. Article 174, Civil Code. Issuance of an Amiri Order on 3/8/1990 contradicting this. It has no effect on the permissibility of agreeing to payment in foreign currency.
Arabic original
الوفاء بالعملة الأجنبية جائز سواء كان عند إبرام العقد أو عند تنفيذه. مادة ١٧٤ مدني. صدور أمر أميري في ٣/٨/١٩٩٠ مناقضاً لذلك. لا أثر له في جواز الاتفاق على الوفاء بعملة أجنبية.
Original Arabic judgment citations

(الطعن ٥٦/١٩٩٥ عمالي جلسة ١٣/٥/١٩٩٦ مج القسم الثالث المجلد الثالث ص ٤٥٥)

Source: Court of Cassation legal principles collection — Pleadings — Part One — Ministry of Justice — Court of Cassation — Technical Office. Printed page 345. PDF pages: 339.

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace