Kuwait enacts Decree-Law No. 114/2026 to modernize housing finance and default protocolsPublished on: November 6, 2026 4:46 PM
Pakistan, Nov. 6 -- Kuwait Ministry of Finance confirmed the enactment of Decree-Law No. 114/2026, establishing new individual real estate financing options for citizens eligible for state housing assistance. Under the supervision of the Central Bank of Kuwait (CBK), qualified citizens can now access mortgage financing through local commercial banks and licensed financial firms. Furthermore, this new legal framework serves as a flexible alternative to traditional construction and purchase loans administered by the Kuwait Credit Bank (KCB). Consequently, state officials anticipate that involving commercial lenders will significantly expand residential housing supply across the country. Therefore, the executive regulations supporting the la...
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