Al Noor Trading W.L.L. (Demo)

in progressRating R05
CAM-0002/2026 · Corporate Banking · Overdraft USD 12.0 MM · Current stage: 5. Independent Risk Review
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  1. OriginationCompleted
  2. PreparationCompleted
  3. BusinessCompleted
  4. Credit AdminCompleted
  5. 5Risk ReviewIn progress
  6. CommitteeLocked
  7. RegulatoryLocked
  8. DocumentationLocked
  9. DisbursementLocked
  10. MonitoringLocked
Stage 5 of 10 · Owner: Risk Management

Independent Risk Review

Independent review: validate or override the risk rating, attach Conditions for Approval, concur or return.

  • Validate / override rating
  • Attach Conditions for Approval
  • Reviewed by / Concurred by
  • Concur / return
Gate: Risk concurrence
2 requirement(s) outstanding.

CAM summary

1 section(s) are still unapproved AI drafts.

Open full CAM document
Facility
Overdraft · USD 12.0 MM
Tenor / pricing
1 yrs · 3M QIBOR + 3.00%
Rating
R05
Approval level
Level 1
I. Nature of Request

The Business Unit requests renewal and enhancement of the working-capital facilities of Al Noor Trading W.L.L. (Demo) from QAR 36.5 MM to QAR 43.8 MM (USD 12.0 MM equivalent at parity 3.65), comprising an overdraft of QAR 29.2 MM priced at 3M QIBOR + 3.0% p.a. and a letter-of-credit line of QAR 14.6 MM. The facilities are secured by a first-ranking mortgage over the company's warehouse (valued USD 19.2 MM, 2025) and personal guarantees of the shareholders.

XI. Recommendation
  1. Long-standing relationship with satisfactory conduct.
  2. Consistent profitability and improving leverage.
  3. Adequate tangible security coverage.

The Business Unit recommends the renewal and enhancement of facilities for the committee's consideration.

Risk rating — validate or override

Business proposed R05. Confirm or override; your rating becomes the final rating on the CAM.

Ratios vs bank thresholds

MetricValueAssessmentNote
borrowerDebt service coverage (DSCR) (FY2025)3.83xgoodDebt service proxied by finance cost (no principal schedule extracted)
borrowerInterest coverage (EBITDA / interest) (FY2025)3.83xgood
borrowerLeverage (total liabilities / tangible net worth) (FY2025)1.27xgood
borrowerCurrent ratio (FY2025)1.49xacceptable
borrowerRevenue trend (latest year) (FY2025)11.4%good
borrowerProfitability (net margin) (FY2025)6.0%good
borrowerSecurity coverage (collateral / exposure)160%acceptable
borrowerLTV on pledged securities / fund units63%acceptable

Red flags · 0 open

Raised by AI extraction and by rule checks (missing documents, stale valuations, audit opinions, trends). Resolving a flag records who cleared it and why.

  • No open red flags.

Conditions for approval

Entered by Risk Management; rendered on the sign-off page and carried to the approval pack.

0 item(s)
  • None yet.

Risk Management sign-off

Reviewed by → Concurred by.

Reviewed by
Risk designation 1
  • Fatima Hassan
    Senior Credit Administrator
    e-signed 26 Aug 2026 18:25
Concurred by
Risk designation 2