Qurbani Cow-1

1) As this is Shariah based Murabaha contract (buying, nurturing, and then selling), there is no opportunity for investors to exit in emergencies. We will purchase the cattle, nurture them until they grow, and also then sell them during Eid ul Adha. Therefore, we cannot return your investment before the project's closure.

2) Duration of Investment

The total investment amount will be - 2,48,78,500

This investment will be for 8 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 40% annually. In eight (8) months, the investor will receive a halal dividend of 26.67% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 46,700 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every eight months.

For example, if someone invests 100,000 TK (one lakh taka annualy ROI based), they will receive 1,40,000 TK, excluding service charges (100,000 TK as the investment part and 40,000 TK as the profit part in a year).

5) Loss Sharing

Growup is a Shariah-compliant project, and according to the Murabaha principle, investors bear no responsibility for any business losses after handing over the liability regarding the cattle's (intend to baught for Eid ul Adha) nurturing and growth for sale to the merchant during Eid ul Adha. Therefore, there will be no loss sharing from the business after transferring the Qurbani Cow 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 into a Murabaha Agreement with Grow Up for the Qurbani Cow Project. It will involve a process of "purchasing the cattle ((intend to baught for Eid ul Adha) , nurturing and raising them, and then selling them out," whereby investors will initially invest in buying cattle through Grow Up and ensure their nurturing and raising for sale through the same entity. Grow Up will act as an agent for the investors, purchasing the cattle, assuming necessary ownership and asset possession risks on their behalf, and subsequently selling them to their enlisted merchant on behalf of the investors.

8) Risk Factor

According to our calculations, although there is a 5% risk factor, Grow Up's Purchase Experts department, nurturing and raising team,Vaterinary doctor and excellent marketing team are equipped to manage these risks as previously outlined. Furthermore, in response to investor requests, we also offer an insurance policy as an additional assurance measure.

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