Is it Allowed to Issue a Performance Bank Guarantee in Favor of a Local Bank as a Security for the Payment of Debt Incurred by a Deceased Parent?

Back
Question: A customer requested the Credit Department to issue a performance bank guarantee in favor of a local bank as security for the payment of debt incurred by his deceased father, who had stood surety for a non-Kuwaiti. This led...
Premium Content

Unlock full fatwa content by subscribing.

Subscribe to Premium