Loan Assignment Agreement Template for United Arab Emirates

1. Islamic Finance Compliance: Required if the original loan is Shariah-compliant, detailing compliance with Islamic banking principles

2. Security Transfer: Needed if the original loan includes security arrangements that need to be transferred

3. Tax Provisions: Required if there are specific tax implications or VAT considerations

4. Borrower Consent: Include if borrower's explicit consent is required for the assignment

5. Further Assurance: Optional section for additional actions parties may need to take to perfect the assignment

6. Confidentiality: Required for sensitive commercial transactions or when dealing with regulated entities

7. Central Bank Compliance: Required if either party is a regulated financial institution

1. Schedule 1 - Original Loan Agreement: Copy or details of the loan agreement being assigned

2. Schedule 2 - Assigned Rights: Detailed list of all rights, interests and obligations being transferred

3. Schedule 3 - Completion Requirements: Checklist of documents and actions required for completion

4. Schedule 4 - Form of Notice to Borrower: Template notice informing borrower of the assignment

5. Schedule 5 - Outstanding Amounts: Details of the current loan balance and payment status

6. Appendix 1 - Security Documents: List and copies of any security documents being transferred

7. Appendix 2 - Required Authorizations: List of regulatory or corporate approvals required