Potato

1) As this is a Murabaha contract (production and sale), there is no opportunity for an emergency exit for investors. We will cultivate the potatoes to ensure their raising and sell them to enlisted merchants. Therefore, we cannot return your investment amount before the project closure.

2) Duration of Investment

The total investment amount will be - 30,00,000

This investment will be for 3 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 20% annually. In three (3) months, the investor will receive a halal dividend of 5% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 20,000 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every three months.

For example, if someone invests 100,000 TK (one lakh taka), they will receive 120,000 TK, excluding service charges (100,000 TK as the investment part and 20,000 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 into a Murabaha Agreement (Production - Sale) contract with Grow Up for the Potato Project. It will involve a "Production-and-Sell" process where investors will first invest in cultivating potatoes through Grow Up and ensure their raising for sale through Grow Up.

Grow Up will act as an agent for the investors, cultivating the potatoes, assuming necessary ownership and risk of asset possession on their behalf, and selling them to enlisted merchants on behalf of the investors.

8) Risk Factor

According to our calculations, although the risk factor is 2%, Grow Up's Seeds & Raising Expert Cultivators and excellent marketing team are capable of managing the risk associated with these matters, as mentioned above. Additionally, as per the investor's request, we can provide an insurance policy to offer further assurance.

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

- Insurance