Sugar Cane Export

1) As this is a Murabaha contract concerning buying and selling or exporting abroad, there is no opportunity for an emergency exit for investors. We will purchase the products and export them abroad. Therefore, we cannot return your investment amount before the project closure.

2) Duration of Investment

The total investment amount will be - 1,87,00,000

This investment will be for 4 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 40% annually. In four (4) months, the investor will receive a halal dividend of 13.3% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 40,000 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 140,000 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

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

Investors will enter into a Murabaha Agreement regarding buying and selling or exporting abroad with Grow Up Authority.

- It will involve a "buy-and-sell or export to abroad" process where investors will first buy products (sugar cane) through Grow Up and then export or sell the product through Grow Up.

- Grow Up will act as an agent for the investors, purchasing the products, assuming necessary ownership and risk of asset possession on their behalf, and then selling or exporting abroad.

8) Risk Factor

Following our calculations, although the risk factor is 3 percent, GrowUp's highly expert team would be able to effectively manage the risk associated with these matters, as mentioned above.

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