Kuwait Court of Cassation principle number 3497

Entitlement to default interest, whether statutory or contractual, depends on the debt whose payment the debtor has delayed arising from a commercial obligation or commercial act. Contravention entails absolute nullity because it concerns public policy. Example. - A commercial act. An act performed by a person with speculative intent, even if he is not a merchant. - A civil act. No interest is payable thereon. The reason for this. - 590 - Commercial