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The Affidavit of Guarantee is a fundamental legal instrument in Saudi Arabian business and financial transactions, serving as a formal declaration of financial or performance responsibility. This document is commonly used when one party needs to provide security for another's obligations, whether in commercial transactions, banking arrangements, or business dealings. The affidavit must strictly comply with Saudi Arabian law and Shariah principles, particularly regarding the concept of Kafala (guarantee) in Islamic law. It requires proper authentication through authorized channels and must include specific elements such as clear identification of all parties, explicit statement of obligations, and compliance with both civil and religious legal requirements. The document is particularly crucial in securing business transactions, obtaining financing, or providing security for contractual obligations within the Saudi Arabian jurisdiction.

1. Declaration and Identification: Formal opening stating this is an affidavit of guarantee, including the date and place of execution, and full identification of the guarantor including ID/Iqama number

2. Legal Capacity Statement: Declaration that the guarantor is of sound mind, legally competent, and acting under free will in accordance with Shariah law

3. Principal Debtor Details: Complete identification of the principal debtor and their obligations

4. Beneficiary Details: Full identification of the party in whose favor the guarantee is being made

5. Guarantee Scope: Detailed description of the obligations being guaranteed, including specific amounts and conditions

6. Duration of Guarantee: Clear statement of the time period for which the guarantee remains valid

7. Payment Terms: Specific conditions under which the guarantee becomes payable

8. Guarantor's Acknowledgment: Express confirmation of understanding the obligations and accepting liability

9. Governing Law Declaration: Statement confirming Saudi law and Shariah principles govern the guarantee