Native Duck Egg-1

1)Since this is a Murabaha contract (buy - nurture - sell), there is no provision for emergency exits for investors. We will purchase the duck and nurture them to ensure egg production for trading purposes. Therefore, we cannot return your investment amount before the project's closure.

2) Duration of Investment

The total investment amount will be - 87,00,000

This investment will be for 2 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 36% annually. In two (2) months, the investor will receive a halal dividend of 6% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 17,000 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every two 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 handing over the liabilities associated with purchasing the duck and nurturing them to ensure egg production for trading purposes by an agent. Once the egg is handed over to the merchant, any losses incurred thereafter will not be shared by the investors.

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

Investors will enter into a Murabaha Agreement (buy - nurture - sell) contract with Grow Up for the Native Duck Egg Project. The process will involve purchasing the duck and ensuring their nurturing to produce eggs for trading. Investors will initially buy the duck through Grow Up and also oversee their nurturing to ensure egg production for sale through Grow Up. Acting as an agent for the investors, Grow Up will purchase the duck, assume ownership and risk of asset possession on their behalf, and subsequently sell the egg on behalf of the investors.

8) Risk Factor

According to our calculations, although the risk factor is estimated at 3%, Grow Up's duck expert team, egg traders, will effectively manage and mitigate these risks 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