Cultivated Crop Land - Mango

1) Since this is a Murabaha contract concerning ownership of the Mango Orchard, investors won't have the option for an emergency exit. We'll register the 5 shatak (in Bengali) land in their name, along with 16 (Katimon) mango trees. Once the mangoes are produced, we'll sell them and share the profits with the investor. Therefore, we cannot return your investment amount before the project is completed.

2) Duration of Investment

The total investment amount will be - 4,87,00,000

This investment will be for a lifetime.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 40% annually. In six (6) months, the investor will receive a halal dividend of 20%, equivalent to 60,000 tk (excluding service charges).

4) Investment Part

Minimum investment required would be 3,00,000 tk, and the halal dividend would be disbursed every six months.

For example, if someone invests 1,00,000 tk (One lac taka), they will receive 1,40,000 tk excluding service charges (1,00,000 tk as the investment part and 40,000 tk as the profit part in a year).

5) 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.

6) Contract Conditions

The investor will enter into a Murabaha Agreement with Grow Up Special Project concerning Mango Orchard Ownership. This involves purchasing land in the investor's name, benefiting from cultivation and production on the land, and receiving dividends every six months from the sale of mangoes produced on the land. Grow Up will serve as an agent for the investors, assisting in the purchase of mango orchards and managing the land for mango production on behalf of investors. Additionally, Grow Up will sell these Katimon Mangoes to merchants.

7) Risk Factor

According to our calculations, although the risk factor stands at 3%, GrowUp's highly expert team is equipped to handle these matters, as mentioned above. Furthermore, upon the Mango Orchard owner's request, we can also ensure an insurance policy.

8) 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.

9) Security

Grow Up provides the following documents to investors:

- Land registration in the owner's name

- Contract Deed (300 tk Stamp)

- Security cheque

- Money Receipt

- Guarantor

- Copy of Authorized deed

- Insurance