Dry Fish-3

1) Since this is a Murabaha contract (buy and sell), there is no opportunity for investors to exit in emergencies. We buy the shutkiz as products and sell them to enlisted merchants, meaning we cannot return your investment before the project closes.

2) Duration of Investment

The total investment amount will be - 92,74,700

This investment will be for 4 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 36% annually. In four (4) months, the investor will receive a halal dividend of 12% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 15,200 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every four months.

For example, if someone invests 100,000 TK (one lakh taka), they will receive 136,000 TK, excluding service charges (100,000 TK as the investment part and 36,000 TK as the profit part in a year).

5) Loss Sharing

Grow Up is a Shariah-compliant project, and according to the Murabaha Principle, investors bear no responsibility for any business losses after transferring the liability to the Grow Up authority. Any losses incurred after handing over the product to the agent/merchant are not shared with the investors. Therefore, there will be no loss sharing from the business after the handover of the product to the merchant.

6) Service Charge

Grow Up will apply a 5% service charge on investors' profit. It should be noted that all of the mentioned ROI above are provided after excluding this service charge.

7) Contract Conditions

The investor will enter a Murabaha Agreement (buy-sale) contract with Grow Up for the dry fish or Shutkiz Project. It will involve a “buy-and-sell” process where investors will initially invest in shutkiz through Grow Up and also ensure to sell those shutkiz through Grow Up's expert marketing team. Grow Up will act as an agent for the investors, purchasing the products, assuming necessary ownership and the risk of asset possession on their behalf, and then selling to enlisted merchants. The merchants have agreed to buy the products with a 43% markup on the actual cost of product procurement.

8) Risk Factor

According to our calculations, although the risk factor stands at 3%, the Grow Up highly expert team is confident in their ability to mitigate and manage these risks effectively, as outlined previously.

9) Payment Delay

Grow Up has conducted an in-house analysis of the projected returns of the business and expects to be able to repay on time, barring any unforeseen risk factors.

10) Security

Grow Up provides the following documents to investors:

- Contract Deed (300 tk Stamp)

- Security cheque

- Money Receipt

- Guarantor

- Copy of Authorized deed