Finance legal-AI skills in General

31 legal AI skills for finance in General.

Promissory Note (سند أذني / Billet à Ordre)

MITGeneralFinance

Use when drafting a promissory note — an unconditional written promise to pay a certain sum on demand or at a future date. Covers the mandatory elements for negotiable-instrument status (Geneva Convention / commercial codes), optional provisions (interest, acceleration, cross-default, endorsement), and critical MENA-specific issues (KSA Sharia interest treatment, UAE criminal dishonor risk, LB/EG commercial code requirements). Triggers on "promissory note", "note payable", "iou", "acknowledgment of debt", or "سند أذني" requests.

SAFE — Simple Agreement for Future Equity

MITGeneralFinance

Use when drafting a SAFE (Simple Agreement for Future Equity) for a startup funding round — based on the Y Combinator post-money SAFE standard, adapted for DIFC/ADGM/Delaware, or adapted for civil-law jurisdictions (LB/FR as "promesse de souscription") or KSA (where convertible debt may be preferable). Covers key economic terms (valuation cap, discount rate, MFN), conversion mechanics (equity financing, liquidity event, dissolution), jurisdictional adaptations, and the critical distinction from convertible notes. Triggers on "SAFE", "simple agreement for future equity", "convertible instrument", "pre-seed funding", or "startup financing" requests.

Security Agreement

MITGeneralFinance

Use when drafting a security agreement, charge, pledge, mortgage, or any instrument that grants a secured creditor rights over specific collateral to secure an underlying obligation. Covers asset-based lending, real property mortgages, share pledges, floating charges, and Sharia-compliant security structures across DIFC, ADGM, UAE onshore, KSA, LB, UK, and EU. Flags perfection requirements per jurisdiction — missing perfection renders security subordinate in insolvency.

Security Documenter

MITGeneralFinance

Designs, drafts and closes security packages over transaction assets and rights. Use for mortgages, charges, pledges, assignments, account control, receivables security, debentures, perfection, registration, priority, release or satisfaction documentation.

Sharia Compliance Check When Relevant

MITGeneralFinance

Use when a matter involves Saudi onshore parties, Islamic finance structures, personal status of Muslim parties in MENA, KSA real estate, or any instrument that may be subject to Sharia-compliance review in a GCC jurisdiction. Identifies the key Sharia-law concerns (riba, gharar, maisir, penalty clauses, inheritance fixed shares, takaful) and surfaces them proactively before drafting or advising. Also covers the UAE Federal Law 41/2022 civil option for non-Muslims and Lebanon's confession-based personal-status system.

Stablecoin Issuance Framework

MITGeneralFinance

Use when a company planning to issue a stablecoin needs a legal framework memo covering reserve requirements, regulatory classification, redemption rights, audit obligations, consumer disclosures, and the applicable regulatory regime. Covers MENA-specific frameworks including UAE VARA Virtual Assets Regulation and CBUAE Payment Token Services Regulation, DIFC/ADGM virtual asset frameworks, EU MiCA, and the general architecture of stablecoin regulation globally.

VC Term Sheet (Priced Round)

MITGeneralFinance

Use when drafting a non-binding term sheet for a priced VC investment round (Seed, Series A, or later). Covers all standard VC term sheet provisions including share type, pre-money/post-money mechanics, option pool, anti-dilution, liquidation preferences, protective provisions, board composition, ROFR/co-sale/drag, information rights, founder vesting, and the no-shop. Marks binding vs non-binding sections explicitly. Notes that DIFC and ADGM are increasingly the preferred jurisdictions for MENA tech VC rounds in preference to onshore UAE or KSA.