Capsicum

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

2) Duration of Investment

The total investment amount will be - 76,82,000

This investment will be for 5 Months.

3) Projected ROI(Return of Investment)

The return on investment (ROI) will be 38% annually. In five (5) months, the investor will receive a halal dividend of 15.8% (excluding service charges).

4) Investment Part

Here, the minimum investment would be 13,700 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every five months.

For example, if someone invests 100,000 TK (one lakh taka), they will receive 138,000 TK, excluding service charges (100,000 TK as the investment part and 38,000 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 investors will enter into a Murabaha Agreement (production-sale) contract with Grow Up for the Capsicum Project. It will entail a "production-and-sell" process where investors will first invest in cultivating Capsicum through Grow Up Authority and ensure the sale of the Capsicum by the Grow Up marketing team.

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

8) Risk Factor

According to our calculations, although the risk factor is 5%, GrowUp's Capsicum Expert team would be able to effectively manage the risk associated with those 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