1) Project Overview
This is a Mudaraba project, which is a profit-loss sharing investment structure. Under the Mudaraba principle, the investors are Sahib-al-Mal, and Agro Next acts as the Mudarib.
Investors will contribute capital, while Agro Next will contribute effort, expertise, and management. The invested funds will be used for cultivating various winter vegetables. Project expenses include seeds, fertilizers, labour, Shariah supervision fees, and other necessary costs.
After harvesting, the vegetables will be sold in the local market, and the net profit will be shared between the investors and Agro Next.
There is no early exit option. Investments cannot be withdrawn before project completion.
2) Duration of Investment
The total investment requirement is 39,00,000 BDT.
Project duration: 4 months.
3) Expected ROI (Return on Investment)
Since this is a Mudaraba project, the ROI is not fixed.
The expected ROI is 8%–11% over 4 months.
After completion, investors will receive a halal dividend.
Profit Distribution:
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Investors: 50%
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Agro Next: 50%
4) Investment Participation
The minimum investment amount is 5,000 BDT.
Each investor may invest up to 30% of the total project cost.
Halal dividends will be disbursed after project closure.
5) Loss Sharing
Under Mudaraba rules, if a loss occurs without negligence or misconduct from Agro Next, then:
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The loss will first be adjusted from any available profit.
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If profit is insufficient, investors will bear the remaining loss proportionate to their investment.
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The Mudarib (Agro Next) will lose its time, effort, and expertise.
6) Service Charge
There are no service charges for this project.
7) Contract Conditions
Investors must enter into a formal Mudaraba Agreement (profit-loss sharing contract).
Profit (halal dividends) will be distributed after project completion.
Agro Next will return the invested capital after successful project closure.
If the project requires extension for operational reasons, investors will be notified in advance.
8) Risk Factors
1. Heavy Rain & Flooding
Heavy rain and flooding may cause waterlogging, root rot, and severe damage to winter vegetable crops.
2. Heavy Fog & Cold Waves
Heavy fog and cold waves can reduce sunlight, slow plant growth, and increase fungal diseases.
3. Pest Attacks
Pest attacks such as aphids and caterpillars can damage leaves and reduce overall yield.
4. Market Price Drop
A sudden drop in market price may result in financial losses despite good production.
Note: If a loss occurs despite all necessary precautions being taken by Agro Next, Clause 5 (Loss Sharing) will apply.
9) Payment Delay
Agro Next has conducted an internal analysis of the expected returns and is confident about timely repayment.
However, the project may be extended for a few additional days if required, and investors will be notified in advance.
10) Authorization Letter
During the investment form submission, investors must download, fill out, and submit the Authorization Letter.
Failure to submit this document will result in investment rejection.
11) Security Provided to Investors
Agro Next will provide the following documents:
