Overview
This law provides the foundation for the State of Kuwait's financial and banking systems. It outlines the regulatory authority and responsibilities of the Central Bank of Kuwait, including currency issuance, supervision of banking institutions, and regulation of financial entities like finance companies, investment companies, and e-payment providers. Key provisions were later amended, such as those introduced under Decree Law No. (130) of 1977. The law aims to maintain monetary stability and support economic development in Kuwait. The official text is only available in Arabic, with an English translation provided for reference by CBK.