Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3711

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Discharge of an obligation in foreign currency. Its condition. The contract must contain an express stipulation to that effect. Absence thereof. Its effect. Payment must be made in Kuwaiti currency.
Arabic original
وفاء الالتزام بالعملة الأجنبية. شرطه. تضمن العقد شرطاً صريحاً بذلك. تخلف ذلك. أثره. وجوب الوفاء بالعملة الكويتية.
Original Arabic judgment citations

(الطعن ٢٦/١٩٨٥ تجاري جلسة ١١/١٢/١٩٨٥ مج القسم الأول - المجلد الثاني ص ٧٩٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 627. PDF pages: 627.

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