Kuwait Court of Cassation principle number 1652
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
Prohibition on exchange companies accepting cash deposits and opening current accounts. Current account. Its nature. Its condition. 11- Mudarabah partnership:-
Arabic original
حظر قبول الودائع النقدية وفتح الحسابات الجارية على شركات الصرافة. الحساب الجاري. ماهيته. شرطه. ١١- شركة مضاربة:-Original Arabic judgment citations
(الطعن ٢٥١/٨٨ تجاري جلسة ١٢/٢/١٩٨٩ مج القسم الثاني - المجلد الثالث ص ٥٢)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 289. PDF pages: 289.
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