Goat - 2

1) As this is a Murabaha contract (buying for production and selling), there is no provision for emergency exits for investors. We will be responsible for procuring, nurturing, and raising the goats for production. After selling them we will return your investment amount, but not before the project concludes.

2) Duration of Investment

The total investment amount will be - 30,77,000

This investment will be for 10 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 37% annually. In ten (10) months, the investor will receive a halal dividend of 30.8% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 10,000 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every 10 months.

For example, if someone invests 100,000 TK (one lakh taka), they will receive 137,000 TK, excluding service charges (100,000 TK as the investment part and 37,000 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 liabilities related to goat production for sale to the merchant. Consequently, there will be no loss sharing from the business after the handover of the goats 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 with Grow Up for the Goat Project, which follows a "buy-production-and-sell" process. In this arrangement, investors will purchase the products through Grow Up and oversee the production, which will be sold through the same channel. Grow Up will serve as an agent for the investors, acquiring the goats, assuming ownership and the associated risks on their behalf, and subsequently selling them to the designated merchant.

8) Risk Factor

According to our calculations, the risk factor stands at 8%. However, with GrowUp's expertise in goat procurement, a dedicated nurturing and raising team, and a strong marketing strategy, we are confident in our ability to mitigate these risks effectively, as previously outlined. Additionally, in response to investor requests, we offer an insurance policy to provide 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