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1. Parties: Identification of the finance provider and recipient, including full legal names and addresses
2. Background: Context of the financing arrangement and confirmation of Sharia compliance
3. Definitions: Definitions of key terms used throughout the agreement
4. Facility Details: Description of the financing facility, amount, and purpose
5. Conditions Precedent: Conditions that must be satisfied before the financing becomes available
6. Profit Rate and Payments: Sharia-compliant profit rate calculation method and payment schedule
7. Security: Details of any security or collateral provided
8. Representations and Warranties: Statements of fact and assurances given by the finance recipient
9. Undertakings: Positive and negative obligations of the finance recipient
10. Events of Default: Circumstances that would constitute a default and consequences
11. Sharia Compliance: Specific provisions ensuring compliance with Islamic finance principles
12. Notices: Communication requirements and contact details
13. Governing Law and Jurisdiction: Confirmation of Saudi law governance and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Islamic Insurance (Takaful): Required when insurance of assets is part of the agreement
2. Agency Provisions: Used when an agent is appointed to manage the facility
3. Security Agent: Needed for syndicated facilities with multiple finance providers
4. Assignment and Transfer: Include when rights to assign or transfer the facility are required
5. Late Payment Charges: Sharia-compliant provisions for delayed payments (must be charitable)
6. Additional Finance Recipient Obligations: For specific industry or regulatory requirements
7. Tax Provisions: Required when tax implications need specific addressing
8. Currency Provisions: Needed for cross-border or multiple currency facilities
1. Schedule 1 - Facility Details: Detailed breakdown of the facility amount, profit rate, and payment schedule
2. Schedule 2 - Conditions Precedent: List of required documents and conditions
3. Schedule 3 - Form of Drawdown Notice: Template for requesting disbursement of funds
4. Schedule 4 - Security Documents: Forms of security documents and perfection requirements
5. Schedule 5 - Payment Schedule: Detailed amortization or payment schedule
6. Schedule 6 - Sharia Structure: Diagram and explanation of the Islamic finance structure used
7. Appendix A - Required Documents: List of supporting documents required from the finance recipient
8. Appendix B - Form of Compliance Certificate: Template for periodic compliance certification
Banking & Financial Services
Islamic Finance
Real Estate & Construction
Manufacturing
Trading & Commerce
Healthcare
Education
Technology
Transportation & Logistics
Energy & Utilities
Telecommunications
Retail & Consumer Goods
Legal
Finance
Treasury
Risk Management
Compliance
Islamic Banking
Corporate Banking
Credit
Business Development
Operations
Documentation
Regulatory Affairs
Chief Financial Officer
Finance Director
Legal Counsel
Sharia Compliance Officer
Treasury Manager
Credit Risk Manager
Corporate Finance Manager
Investment Manager
Relationship Manager
Compliance Officer
Financial Controller
Business Development Manager
Corporate Banking Head
Islamic Banking Specialist
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