Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3749

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

English translation of the principle

Payment in currency is permissible, whether upon conclusion of the contract or upon its performance. Article 174, Civil Code. - The issuance of an Amiri Order on 3/8/1990 contrary thereto. It has no effect on the permissibility of agreeing to payment in foreign currency.
Arabic original
الوفاء بالعملة جائز سواء كان عند إبرام العقد أو عند تنفيذه. م 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 ١١٣٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 631. PDF pages: 631.

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