Project Detail

Project Overview

1. Contract Structure

This project operates under a Murabaha contract, following a production and sale model. Grow Up will oversee the cultivation of sweet pumpkins and subsequently trade them directly to enlisted merchants at a pre-agreed marked-up price.

Given this structure, no early exit facility is available during the project period. The invested capital cannot be returned before project closure. Investors are encouraged to commit only funds they can hold for the full duration of the contract.

2. Duration of Investment

The total investment amount is 1,19,50,000 Tk.

The investment period will be 4 months.

3) Projected ROI (Return on Investment)

The projected annual return on investment (ROI) is approximately 38%. For the 4-month investment period, the investor is expected to receive an approximate halal dividend of 12.67%, excluding any applicable service charges.

4) Investment Part

The minimum investment for this project is 17,500 TK, and investors may contribute up to the full project limit. Halal dividends will be disbursed every four 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 principal and 38,000 TK as the profit over one year.

5. Loss Sharing

As a Shariah-compliant platform operating under the Murabaha principle, investors bear no financial responsibility for business losses once the cultivated produce has been handed over to Grow Up's authority for onward trading and sale. Any loss occurring after the transfer of goods to the agent or merchant is absorbed entirely by Grow Up and is not passed on to investors.

6. Service Charge

Grow Up applies a 5% service charge on investors' profit. It is important to note that all ROI figures mentioned above are stated after this service charge has already been deducted.

7. Contract Conditions

Investors will engage in a Murabaha Agreement (Production and Sale) with GrowUp for the Sweet Pumpkin Project, following a production and sale model.

Investors initially fund the cultivation of sweet pumpkins through GrowUp. Grow Up oversees the full production cycle — from cultivation to harvest — and then directly trades the produce to enlisted merchants at a pre-agreed marked-up price, generating the investor's halal profit.

Grow Up functions as an authorised agent on behalf of investors — managing cultivation, assuming full ownership and asset possession risk throughout the production and trading cycle, and executing the final sale to enlisted merchants.

8) Risk Factor

Based on Growup's internal calculations, the risk factor for this project is assessed at 3%. Growup's dedicated expert team is well-equipped to identify, monitor, and effectively manage this risk throughout the project lifecycle.

9) Payment Delay

Grow Up has carried out a thorough in-house analysis of the project's projected returns and is confident in its ability to disburse payments on schedule. Delays, if any, would only arise from unforeseen external risk factors beyond the company's control.

Key Points