Home Credit Contract Template for United Arab Emirates

1. Islamic Finance Compliance: Required when the facility needs to be Sharia-compliant, including relevant structure and principles

2. Guarantor Provisions: Required when there is a guarantor for the credit facility

3. Property Under Construction: Required when the credit facility relates to an off-plan or under-construction property

4. Co-borrower Provisions: Required when there are multiple borrowers

5. Foreign Currency Provisions: Required when payments are made in a currency other than UAE Dirhams

6. Insurance Requirements: Detailed insurance requirements when specific insurance types are mandatory

7. Special Payment Arrangements: Required for non-standard payment arrangements or grace periods

1. Schedule 1 - Property Details: Detailed description of the property including title details and location

2. Schedule 2 - Payment Schedule: Detailed amortization schedule showing payment dates and amounts

3. Schedule 3 - Fees and Charges: Comprehensive list of all applicable fees and charges

4. Schedule 4 - Insurance Requirements: Detailed insurance requirements and minimum coverage levels

5. Schedule 5 - Special Conditions: Any special conditions applicable to the specific credit facility

6. Appendix A - Required Documents: List of documents required from the borrower

7. Appendix B - Direct Debit Authorization: Form for setting up automatic payments

8. Appendix C - Property Valuation Report: Summary of the property valuation