The Personal Guarantee Letter is a crucial document in Saudi Arabian business and financial transactions, commonly used to secure loans, financial facilities, or commercial obligations. It provides additional security to creditors by having a third party (guarantor) commit to fulfilling the principal debtor's obligations in case of default. The document must strictly comply with Saudi law and Sharia principles, which prohibit certain conventional guarantee structures and require specific terms to ensure validity. Personal Guarantee Letters are particularly important in the Saudi business environment where personal relationships and trust play a significant role in commercial dealings. The document typically includes detailed information about all parties involved, the scope of guaranteed obligations, enforcement mechanisms, and must be properly authenticated according to Saudi legal requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Date and Place: Formal date and location of the guarantee letter execution
2. Addressee Details: Full details of the beneficiary of the guarantee (creditor)
3. Guarantor Information: Complete identification and contact details of the guarantor
4. Principal Debtor Information: Details of the person/entity whose obligations are being guaranteed
5. Guaranteed Obligations: Clear specification of the debt, obligations or liabilities being guaranteed
6. Guarantee Declaration: Express statement of guarantee and its unconditional nature
7. Guarantee Amount: Specific amount or maximum limit of the guarantee
8. Duration of Guarantee: Validity period and expiry conditions of the guarantee
9. Governing Law Statement: Confirmation of Saudi law and Sharia compliance
10. Guarantor's Signature: Formal execution block with witness requirements
1. Multiple Guarantors Clause: Required when there is more than one guarantor, specifying joint and several liability
2. Specific Payment Terms: Include when there are specific arrangements for how the guarantee will be honored
3. Asset Declaration: When the guarantee is backed by specific assets or properties
4. Demand Mechanism: Detailed process for making a claim under the guarantee, if not standard
5. Release Conditions: Specific conditions under which the guarantor may be released from obligations
6. Translation Clause: Required when the letter is bilingual Arabic/English
1. Schedule 1 - Guaranteed Obligations Detail: Detailed breakdown of the guaranteed debts or obligations
2. Schedule 2 - Asset Schedule: List and details of any assets specifically tied to the guarantee
3. Schedule 3 - Payment Schedule: If applicable, schedule of any structured payment arrangements
4. Appendix A - Required Documents: List of supporting documents required (ID copies, power of attorney, etc.)
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Real Estate
Construction
Manufacturing
Trading & Commerce
Professional Services
Retail
Hospitality
Healthcare
Education
Technology
Telecommunications
Relevant Teams
Legal
Finance
Risk Management
Compliance
Corporate Banking
Credit Administration
Treasury
Commercial Operations
Business Development
Corporate Secretariat
Relevant Roles
Chief Financial Officer
Finance Director
Credit Manager
Risk Manager
Legal Counsel
Compliance Officer
Commercial Director
Banking Relationship Manager
Corporate Banking Officer
Treasury Manager
Financial Controller
Credit Analyst
Legal Director
Company Secretary
Business Development Manager
Find the exact document you need
Dispatch Contract
A Saudi Arabian law-compliant agreement for temporary workforce provision between a dispatch company and client company, governing worker deployment and associated terms.
find out more
Contract For House (Construction)
A Sharia-compliant construction contract under Saudi Arabian law for residential house building projects, establishing terms between property owner and contractor.
find out more
Simple Service Agreement
A standard service agreement template under Saudi Arabian law that establishes terms and conditions for service provision between provider and client.
find out more
Website Agreement Contract
A Saudi Arabia-governed agreement establishing terms and conditions for website usage and operation, incorporating local regulations and Sharia compliance requirements.
find out more
Electronic Contract
A Saudi law-compliant electronic contract template for digital transactions and services, incorporating electronic signature and data protection requirements.
find out more
Business To Business Contract
A comprehensive B2B contract template compliant with Saudi Arabian law and Sharia principles, suitable for various commercial relationships within the Kingdom.
find out more
Labor Agreement
A Saudi Arabian employment contract establishing terms and conditions of employment in compliance with Saudi Labor Law and related regulations.
find out more
Client Agreement Form
A Saudi Arabian law-governed agreement establishing terms and conditions between service providers and their clients, ensuring compliance with local regulations and Sharia principles.
find out more
IT Service Level Agreement
A Saudi Arabian-compliant agreement defining IT service levels, performance metrics, and delivery standards between service providers and clients.
find out more
General Contract For Services
A Saudi Arabian law-governed agreement establishing terms and conditions for service provision between a service provider and client, incorporating local legal and Sharia requirements.
find out more
Training Agreement Between Company And Trainer
A Saudi Arabian law-governed agreement establishing terms between a company and trainer for professional training services delivery.
find out more
Supply Agreement Contract
A Saudi law-governed agreement establishing terms for supply of goods, incorporating local regulatory requirements and Sharia principles.
find out more
Service Bond Agreement
A legally binding agreement under Saudi law where an employee commits to serve an organization for a specified period after receiving employer-funded training or education.
find out more
Reservation Contract
A Sharia-compliant reservation agreement under Saudi Arabian law that establishes terms for booking services or facilities, including payment and cancellation terms.
find out more
Public Service Agreement
Saudi Arabia-governed agreement template for public service provision between government entities and service providers, incorporating local law requirements and Vision 2030 guidelines.
find out more
Operation And Maintenance Contract
A Saudi law-governed agreement establishing terms for facility operation and maintenance services, including service scope, standards, and compliance requirements.
find out more
Enterprise Subscription Agreement
Saudi Arabian law-governed agreement for enterprise subscription services, incorporating Shariah principles and local regulatory requirements.
find out more
Development Services Agreement
A Saudi Arabian law-governed agreement for development services, outlining service scope, deliverables, and compliance with local regulations including Sharia Law.
find out more
Admission Agreement
A Saudi Arabian-governed agreement establishing the legal relationship between an educational institution and student, outlining admission terms and mutual obligations.
find out more
Administrative Contract
Saudi Arabia administrative contract template for government-private sector arrangements, compliant with local procurement laws and Sharia principles.
find out more
Transfer Contract
A Saudi Arabian law-governed document facilitating the transfer of assets, rights, or property between parties, incorporating local commercial law and Sharia compliance requirements.
find out more
Shared Services Agreement
A Saudi Arabian law-governed agreement establishing shared business support services between entities, detailing service delivery, costs, and compliance requirements.
find out more
Installation Agreement
A Saudi law-governed agreement outlining terms and conditions for equipment or system installation, including technical specifications, timeline, and compliance requirements.
find out more
Payment Settlement Agreement
A Saudi Arabian law-governed agreement that establishes terms for settling outstanding payment obligations between parties, ensuring Sharia compliance and local legal enforceability.
find out more
Web Development Agreement
A Saudi Arabian law-governed agreement for website development services, outlining development scope, deliverables, and obligations while ensuring Sharia compliance.
find out more
Staffing Agreement
A Saudi Arabian law-governed agreement establishing terms for staffing services provision, ensuring compliance with local labor laws and regulations.
find out more
Personal Services Contract
A Saudi Arabian law-governed agreement for professional services provision, defining service terms and ensuring compliance with local regulations and Shariah principles.
find out more
Staff Contract
Saudi Arabian employment agreement compliant with local labor laws and Sharia principles, establishing terms and conditions of employment.
find out more
Volunteer Agreement
A Saudi Arabian law-compliant agreement governing the relationship between an organization and a volunteer, outlining terms of voluntary service and mutual obligations.
find out more
Home Construction Contract
A Saudi Arabian law-governed contract for residential property construction, establishing terms between property owner and contractor under local regulations and Sharia principles.
find out more
Real Estate Purchase Contract
A Saudi Arabian law-governed agreement for the purchase and sale of real estate property, incorporating all necessary terms and conditions in compliance with local regulations and Sharia principles.
find out more
Data Processing Agreement
A Saudi Arabian law-compliant agreement governing personal data processing between controllers and processors under PDPL requirements.
find out more
Graphic Design Contract
A Saudi Arabian law-governed contract establishing terms and conditions for graphic design services, including project scope, deliverables, and intellectual property rights.
find out more
Company Contract Agreement
A Saudi Arabian law-governed agreement establishing company formation, structure, and governance, aligned with local legal requirements and Sharia principles.
find out more
Web Design Contract
A Saudi Arabian law-compliant agreement governing website design services, outlining terms, deliverables, and rights between designer and client.
find out more
Internal Service Level Agreement Between Departments
A Saudi Arabia-governed internal service level agreement defining service arrangements between organizational departments.
find out more
House Rental Form
Saudi Arabia-compliant residential lease agreement template for house rentals, aligned with local law and Sharia principles.
find out more
Equipment Rental Form
A comprehensive equipment rental agreement template compliant with Saudi Arabian law and Sharia principles, establishing terms and conditions for equipment rental transactions.
find out more
Design Services Agreement
Saudi Arabian law-governed agreement for professional design services, outlining scope, deliverables, and compliance requirements.
find out more
Simple Consulting Agreement
A Saudi Arabian law-governed agreement establishing terms and conditions for professional consulting services between a consultant and client.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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
.png)