Ginger Project – 2

1. Mudaraba Project Overview
   This is a Mudaraba project, which follows a profit-loss sharing agreement. Under the Mudaraba principle, the investors are referred to as Saheb-al-Mal and Agro Next acts as the Mudarib. In this arrangement, investors will contribute their capital, while Agro Next will invest its efforts, expertise, and time. The investors' funds will be used to finance farmers in the cultivation of ginger. Upon completion of the cultivation, the produce will be sold, and the profits will be shared with the investors. Please note that investors will not be able to exit the project in the event of an emergency, and the invested capital will not be returned before the project’s closure.

2. Duration of Investment
   The total investment amount is BDT 25,00,000.
   The investment duration is 10 months.

3. Projected Return on Investment (ROI)
   As this is a Mudaraba project, the return on investment is not fixed. However, the projected ROI is expected to range between 22% and 25%. After 10 months, investors will receive a halal dividend.

Profit Distribution:

• Investors: 70%

• Agro Next: 20%

• Farmers: 10%

4. Investment Part
   The minimum investment amount is BDT 5,000; however, investors are welcome to invest up to the project’s maximum limit.

5. Loss Sharing
   In accordance with the Mudaraba principle, if any loss occurs, the investors will bear 100% of the loss. Investors will lose their invested capital, while Agro Next will forfeit its time, effort, and expertise.

6. Service Charge
   No service charge will be applicable for this project.

7. Contract Conditions
   Investors will enter into a Mudaraba contract, which is a profit-loss sharing agreement. Profits will be distributed to the investors after 10 months. Agro Next will return the invested capital following the successful closure of the project. In case of any extension beyond the initial project duration, investors will be notified in advance.

8. Risk Factors

• Ginger Plant Diseases:
  Several diseases may affect ginger plants, potentially hindering their growth and causing significant losses. If these diseases are not adequately managed, they can reduce both the quality and quantity of the harvest.

• Preventive Measures:
  To mitigate the impact of these diseases, regular spraying of the ginger plants will be implemented. In addition, Agro Next will ensure consistent care and monitoring to maintain plant health, thereby minimizing the risk of disease-related damage.

• Natural Disasters:
  In the event of unforeseen natural disasters, such as heavy rainfall or flooding, the ginger crop may be adversely affected. These environmental factors may damage the plants and lead to potential losses. Agro Next will carefully manage the risk associated with such disasters to minimize their impact on the ginger production.

9. Payment Delay
   Agro Next has conducted a thorough in-house analysis of the projected returns for this business and anticipates timely repayment, barring any unforeseen risks.

10. Authorization Letter
    At the time of submitting the investment form, investors must download, complete, and submit the authorization letter. If this is not done, Agro Next will reject the investment.

11. Security
    Agro Next will provide the following documents to investors:

• Money Receipt from Agro Next

• Contract Deed between the Investor and Agro Next (with a BDT 300 stamp duty)