tiktok成人版

Loan Contract for Saudi Arabia

Loan Contract Template for Saudi Arabia

A comprehensive legal agreement governed by Saudi Arabian law that establishes the terms and conditions for the provision of financing between a lender and borrower. The document incorporates both conventional banking practices and mandatory Sharia compliance requirements, detailing the financing amount, repayment terms, security arrangements, and obligations of all parties. It includes specific provisions required by Saudi Arabian banking regulations and Islamic finance principles, ensuring the transaction is both legally enforceable and religiously compliant.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Loan Contract?

This Loan Contract template is designed for use in Saudi Arabia where all financial transactions must comply with both civil law and Sharia principles. The document is suitable for various financing scenarios, from corporate lending to personal finance, and includes all necessary provisions required by Saudi Arabian banking regulations and the Saudi Arabian Monetary Authority (SAMA). The contract comprehensively covers loan terms, disbursement conditions, repayment schedules, security arrangements, and default provisions, while ensuring adherence to Islamic finance principles that prohibit conventional interest (riba). It is structured to be adaptable for different financing needs while maintaining compliance with local laws and religious requirements.

What sections should be included in a Loan Contract?

1. Parties: Identification of the lender and borrower, including full legal names, addresses, and registration details

2. Background: Context of the loan agreement and confirmation of Sharia compliance

3. Definitions: Definitions of key terms used throughout the agreement

4. Facility Details: Amount, purpose, and nature of the loan facility

5. Disbursement Terms: Conditions and process for disbursement of the loan

6. Repayment Terms: Schedule, method, and conditions of repayment

7. Security: Details of collateral or other security arrangements

8. Representations and Warranties: Statements of fact and assurances from the borrower

9. Covenants: Positive and negative obligations of the borrower during the loan term

10. Events of Default: Circumstances constituting default and consequences

11. Undertakings: Specific promises and commitments made by the borrower

12. Fees and Expenses: Administrative fees, costs, and other charges (structured in compliance with Sharia)

13. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction

14. Notices: Process and requirements for formal communications between parties

What sections are optional to include in a Loan Contract?

1. Guarantees: Required when there is a third-party guarantor for the loan

2. Islamic Structure Details: Detailed explanation of the Islamic financing structure (e.g., Murabaha, Ijara) when specific Islamic financing methods are used

3. Assignment and Transfer: Include when the loan may be transferable or syndicated

4. Early Payment Provisions: Terms for early repayment or prepayment of the loan

5. Multiple Currency Provisions: Required for loans involving multiple currencies

6. Tax Provisions: Detailed tax arrangements when cross-border elements exist

7. Force Majeure: Provisions for unforeseen circumstances affecting loan performance

What schedules should be included in a Loan Contract?

1. Repayment Schedule: Detailed breakdown of repayment dates and amounts

2. Security Details: Comprehensive description of all security assets and registration requirements

3. Conditions Precedent: List of documents and conditions required before loan disbursement

4. Fee Schedule: Breakdown of all applicable fees and charges

5. Form of Disbursement Request: Template for requesting loan disbursements

6. Form of Compliance Certificate: Template for periodic compliance reporting

7. Authorized Signatories: List of persons authorized to act on behalf of each party

8. Islamic Structure Documentation: Required documentation for the specific Islamic financing structure used

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Saudi Arabia

Document Type

Agreement Contract

Cost

Free to use

Find the exact document you need

Selling Real Estate Contract

A Saudi Arabian real estate sales contract template compliant with local laws and Sharia principles, facilitating property transfers and ensuring regulatory compliance.

Download

Wholesaling Real Estate Contract

A Saudi Arabia-compliant wholesale real estate contract governing bulk property transactions under local law and Shariah principles.

Download

Non Binding Agreement

A non-binding agreement template for use under Saudi Arabian jurisdiction, combining Sharia law principles with modern commercial practices to document parties' intentions without creating legal obligations.

Download

Non Compete Form

A Saudi Arabian legal document restricting post-employment competitive activities, governed by Saudi Labor Law and Sharia principles.

Download

Agreement For Job Work

A Saudi Arabian law-governed agreement between client and contractor defining terms and conditions for specific job work or project-based services.

Download

Non Disclosure Form

Saudi Arabia-compliant Non-Disclosure Agreement template for protecting confidential information exchange under Saudi law and Shariah principles.

Download

Videography Contract

A Saudi Arabian law-governed agreement for professional videography services, ensuring compliance with local regulations while defining service terms and deliverables.

Download

Subscription Agreement

A Saudi law-governed agreement establishing terms for subscription-based services, compliant with local regulations and Shariah principles.

Download

Production Contract

A Saudi Arabian law-governed agreement establishing terms and conditions for manufacturing or production activities, ensuring compliance with local regulations and Sharia principles.

Download

Novation Agreement (Real Estate)

A Saudi Arabian law-governed agreement transferring real estate contract rights and obligations from one party to another, ensuring compliance with Shariah principles and local property regulations.

Download

Option Contract (Real Estate)

A Sharia-compliant agreement under Saudi Arabian law granting the right to purchase specified real estate at predetermined terms within an agreed timeframe.

Download

Labor Contract

A Saudi Arabian employment agreement that establishes terms and conditions of employment while ensuring compliance with Saudi Labor Law and regulations.

Download

Franchise Agreement

A Saudi Arabian law-governed agreement establishing a franchise relationship, granting business operational rights while ensuring compliance with local regulations and Sharia principles.

Download

Common Agreement

A general-purpose legal agreement template compliant with Saudi Arabian law and Sharia principles, suitable for establishing business relationships in Saudi Arabia.

Download

Barter Agreement

A Saudi Arabian law-governed agreement facilitating the direct exchange of goods/services between parties, structured to comply with both Sharia and commercial law requirements.

Download

Unregistered Sale Agreement With Possession

A Saudi Arabian agreement facilitating property sale and possession transfer without immediate registration, compliant with local law and Sharia principles.

Download

Master Contract

A Saudi law-governed framework agreement establishing terms for ongoing business relationships, compliant with Shariah principles and local regulations.

Download

Notarial Contract

A legally authenticated contract under Saudi Arabian law, officially verified and certified by a licensed notary public, providing enhanced legal security and evidential value.

Download

House Rent Agreement Form

A Saudi Arabian residential lease agreement that establishes rental terms between landlord and tenant, compliant with local laws and Ejar system requirements.

Download

Partnership Agreement Form

A Saudi Arabian law-governed agreement establishing and regulating a business partnership, ensuring compliance with local regulations and Sharia principles.

Download

Landscape Contract

A Saudi Arabian law-governed contract for landscape construction and maintenance services, including works specifications and environmental compliance requirements.

Download

Guarantee Contract

A Saudi Arabian law-governed contract where a guarantor assumes responsibility for another party's obligations to a beneficiary, structured in compliance with Sharia principles and local commercial laws.

Download

Tenancy Agreement Form

A Saudi Arabian lease agreement template that establishes property rental terms between landlord and tenant, compliant with Saudi Tenancy Law and Sharia principles.

Download

Simple Rental Agreement Form

A Saudi Arabia-compliant rental agreement template for residential and commercial properties, incorporating local legal requirements and Shariah principles.

Download

Money Agreement Between Two Parties

A Sharia-compliant money agreement under Saudi Arabian law establishing financial arrangements between two parties with specific terms and conditions.

Download

Side Agreement

A supplementary agreement under Saudi Arabian law that modifies or adds to the terms of a primary agreement while ensuring Shariah compliance.

Download

Novation Contract

A Saudi Arabian law-governed agreement transferring contractual rights and obligations from one party to another, with consent of all parties involved.

Download

Mutual Agreement Between Two Parties

A bilateral agreement template compliant with Saudi Arabian law and Sharia principles, establishing mutual rights and obligations between two contracting parties.

Download

Contract For Selling A Car

A Saudi Arabian law-compliant agreement for the sale and transfer of vehicle ownership, incorporating local regulatory requirements and Sharia principles.

Download

Business Transfer Agreement

A Saudi law-governed agreement for transferring business ownership, including assets, liabilities, and operational elements from one entity to another.

Download

Tooling Agreement

A Saudi Arabian law-governed agreement establishing terms for industrial tooling supply, ownership, and usage, compliant with local commercial and Sharia law requirements.

Download

Representation Agreement

A Saudi law-governed agreement establishing the terms and conditions for commercial representation between a principal company and its Saudi representative.

Download

Notary Rent Agreement

A notarized rental agreement compliant with Saudi Arabian law and Ejar system requirements, establishing terms for property lease.

Download

Non Compete Agreement Between Companies

A Saudi Arabian law-compliant agreement restricting competitive activities between companies within specified parameters and timeframes.

Download

Land Agreement Between Two Parties

A Saudi Arabian land agreement document that formalizes property rights transfer between two parties, compliant with Sharia law and local regulations.

Download

Buyer Agency Agreement

A Saudi Arabian law-governed agreement establishing the relationship between a property buyer and their real estate agent, outlining services, obligations, and compensation terms.

Download

Commercial Lease Form

A Saudi Arabian commercial lease agreement template that establishes terms for leasing business properties, compliant with local laws and Shariah principles.

Download

Vending Machine Contract

A Saudi Arabia-governed agreement for vending machine installation and operation, compliant with local commercial law and Sharia principles.

Download

Contra Agreement

A Saudi Arabian law-governed agreement facilitating the exchange of goods/services between parties without primary monetary consideration, compliant with Sharia and local commercial regulations.

Download

Catering Contract

A Saudi Arabian law-governed agreement establishing terms for catering services provision, incorporating local regulatory requirements and Halal compliance.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it