Kuwait Court of Cassation principle number 3295

Sale with a right of redemption. It is a sale in which the seller reserves the right to recover the thing sold from the buyer in return for repayment of the price. The legislature adopted the practice prevailing before the issuance 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 observing the procedures imposed by law for the seller's protection. - The judgment's conclusion that the sale contract in dispute is a loan secured by a possessory pledge, treating the agreement therein that the appellant would acquire ownership of the property upon repayment of the price as void, on reasonable grounds. No defect.