1) Project Overview

This is a Mudaraba project, which is a profit-loss sharing agreement. In the Mudaraba principle, the investors are termed as Saheb-al-Mal and Agro Next as the Mudarib. Investors will invest their money, and Agro Next will invest effort, expertise, and time. In this project, investors' money will be used to buy animal feed,  storeroom rent, utility bill, labour cost, shariah fee and other cost are included . After selling the amimal feed, we will share the net profit with the investors every month. There will be no opportunity for investors to exit in case of emergencies. We cannot return your investment before the project closure.

2) Duration of Investment

The total investment amount will be 12,00,000 TK.

This investment will last for 9 months.

3) Projected ROI (Return on Investment)

As this is a Mudaraba project, the return on investment is not fixed. However, the projected ROI will be between 16% and 19% over 9 months. After every month, the investor will receive a halal dividend.

Profit distribution:

Agro Next: 60%

Investors: 40%

4) Investment Part

The minimum investment is 5,000 TK, but investors can invest up to 30% of the project limit. Halal dividends will be disbursed every month.

5) Loss Sharing

In Mudarabah-based investments, if a loss occurs without any negligence or misconduct from the Mudarib, then according to Shariah, the loss will first be covered from any available profit, and if the profit is insufficient, the investors will bear the loss proportionately to their investment, potentially losing part of their capital, while the Mudarib will lose their effort, time, and expertise.

6) Service Charge

There are no service charge for this project.

7) Contract Conditions

Investors will enter into a Mudaraba contract, which is a profit-loss sharing agreement. The profit will be distributed at the end of every month to the investors. Agro Next will return the invested amount after the successful completion of the project. This project may be extended for a few additional days, and investors will be notified in advance.

8) Risk Factor

Fire: In the event of an accidental fire in the feed store room, there is a risk of loss due to the destruction or damage of feed.

Theft: In the event of a theft in the feed store room, there is a risk of loss due to stolen or missing feed.

Note: "If a loss occurs despite all necessary precautions being taken by Agro Next, Clause No. 5 shall apply."

9) Payment Delay

Agro Next has conducted an in-house analysis of the projected returns for this business and expects to repay on time. This project may be extended for a few additional days, 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. If this is not done, Agro Next will reject the investment.

11) Security

Agro Next provides the following documents to investors:

Money Receipt from Agro Next

Contract Deed between the Investor and Agro Next (with a 300 TK stamp)