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The Simple Loan Agreement Between Friends is designed for use in Qatar when individuals wish to formalize a personal lending arrangement. This document becomes relevant when friends or acquaintances decide to document a loan transaction to ensure clarity and legal protection for both parties. It's particularly important in Qatar's legal framework, where personal lending must comply with both civil law requirements and Sharia principles. The agreement provides a structured way to document the loan amount, repayment terms, and obligations while maintaining the informal nature of a friendship-based transaction. It's simpler than commercial loan agreements but still provides legal enforceability under Qatar law. The document should be used when the loan amount is significant enough to warrant formal documentation but not so complex as to require commercial lending structures.

1. Parties: Identification of the lender and borrower with full legal names and contact details

2. Background: Brief context of the loan arrangement between the friends

3. Definitions: Key terms used in the agreement

4. Loan Amount: Specification of the principal amount being lent

5. Repayment Terms: Details of how and when the loan will be repaid, including payment schedule

6. Default: Consequences of failing to repay as agreed

7. Representations and Warranties: Basic statements about the parties' capacity to enter into the agreement

8. Governing Law: Confirmation that Qatar law governs the agreement

9. Signatures: Execution block for both parties