Quality Mineral Industries [3]

{
  "riskGrade": "A",
  "fundRaised": 11135963,
  "highlights": [
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  ],
  "shortIntro": "A pioneer in masterbatch production, serving the plastic industry since 1998",
  "riskDetails": [
    {
      "text": "Environmental Activism Against Polythene: Increasing awareness and activism around environmental issues could lead to stricter regulations against plastic products, including polythene, which may impact the demand for plastic-related raw materials like masterbatch. 📌Quality Mineral Industries’s Strategy: The company monitors regulatory trends closely and works on promoting sustainable practices by exploring eco-friendly alternatives and ensuring compliance with environmental laws to minimize potential disruptions. Market Competition: The plastic industry in Bangladesh is highly competitive, with many players offering similar products. Competitors with lower pricing or greater market presence could challenge Quality Mineral Industries’ position in the market. 📌Quality Mineral Industries’s Strategy: To remain competitive, the company focuses on providing the best quality masterbatch at the most affordable prices. It also strongly emphasizes customer service, building strong relationships with clients to maintain loyalty and market share. Moreover, the business gets some notable advantage in offering bid winning pricings due to being one of the first movers in this line of business.. Import-Related Risks: Quality Mineral Industries imports essential raw materials like CaCO₃ from international suppliers. Any disruptions in global trade, delays in shipments, or fluctuations in import duties could affect production timelines and costs. 📌Quality Mineral Industries’s Strategy: The company maintains strong relationships with multiple suppliers across various countries, ensuring a diversified and reliable supply chain. Additionally, the company keeps buffer stocks of critical raw materials to reduce the impact of potential delays or supply chain issues. Economic Instability: Economic downturns, inflation, or fluctuations in currency values may affect the purchasing power of both businesses and consumers, leading to reduced demand for plastic products and raw materials resulting in significant drop in sales. 📌Quality Mineral Industries’s Strategy: By offering products at varying price points and keeping production costs competitive, Quality Mineral Industries can continue to cater to a wide range of clients, adjusting to economic conditions while maintaining profitability.",
      "type": "Business Assessment"
    },
    {
      "text": "The installment structure has been arranged such that the business can run operations smoothly without being burdened by repayments. biniyog.io has done in-house analyses of the projected returns of the business, and they are expected to be able to repay on time.",
      "type": "Payment Delay"
    },
    {
      "text": "biniyog.io will buy the products on behalf of investors first and secure ownership. The products will then be handed over to Quality Mineral Industries within a very short time frame. Quality Mineral Industries would have the right to reject the product due to quality and other order specifications. The risk is expected to be minimal since Business will choose the items before biniyog.io buys them. This is a necessary risk to ensure Shariah compliance of the transaction.",
      "type": "Possession of assets"
    },
    {
      "text": "Quality Mineral Industries will share installment cheques with biniyog.io. A guarantee security cheque will also be kept from the business owner. Additionally, the business will introduce two guarantors and security cheques will be kept from both and would be updated in the contract for adding an extra layer of security.",
      "type": "Security"
    }
  ],
  "businessName": "Quality Mineral Industries",
  "contractType": "MURABAHA",
  "projectFocus": "Plastic raw material manufacturer",
  "fundingTarget": 15000000,
  "fundProcessing": 2084763,
  "projectedROIMax": 17,
  "projectedROIMin": 17,
  "ownerDetailsText": "Written by the business Haji Md. Salah Uddin is a seasoned B2B entrepreneur with decades of experience in the plastic industry, coming from a family deeply rooted in business. Since starting his journey in 1985, he has successfully led Quality Mineral Industries, establishing it as a pioneer in the masterbatch sector. Alongside his two sons, who are actively involved in the business and his key support in operating the business, he efficiently manages the company’s operations, including three offline retail shops and a dedicated workforce of 32 mid-level employees along with 40+ workers. Under his leadership, the company has earned multiple certifications, including recognition from the International Plastic Fair (2019-2025), ISO certification, and various industry excellence awards. With a vision for growth, he aims to expand the company’s product range and venture into new business projects in the future. His strategic leadership, commitment to quality, and strong industry presence continue to drive the success of Quality Mineral Industries in both local and international markets.",
  "maximumInvestment": 3750000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-10-10T11:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 2925000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-11-09T11:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 2925000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-12-10T11:30:00.000Z",
      "instalmentNumber": 3,
      "minExpectedAmount": 2925000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-01-09T11:30:00.000Z",
      "instalmentNumber": 4,
      "minExpectedAmount": 2925000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-02-09T11:30:00.000Z",
      "instalmentNumber": 5,
      "minExpectedAmount": 2925000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-03-11T11:30:00.000Z",
      "instalmentNumber": 6,
      "minExpectedAmount": 2925000
    }
  ],
  "detailPageVerified": true,
  "shariahDetailsText": "Underlying Contracts Investors appoint biniyog.io as an agent to deal on their behalf (Wakalah) and invest into the business through buy and sale of assets under an advanced buy-and-sell (Bai’ Murabaha) agreement. Approval from Scholars biniyog.io's Shariah Advisors have approved the basis and application of this Murabahah contract.",
  "businessDetailsText": "Value Propositions One R&D expert for innovative masterbatch solutions. A strong sales team of seven professionals. Customer base ranging from corporate clients to retailers. Three shops in Puran Dhaka Plastic Market to ensure retail sales. Provides the best quality masterbatch at the best price in the market. Introduction to the Business Written by the business Since its establishment in 1998, Quality Mineral Industries has been a pioneer in the plastic industry in Bangladesh. It is a trusted supplier of filler masterbatch, known for its high-quality raw materials that enhance plastic products. Quality Mineral Industries is one of several concerns, including Sharp Plastics, SAM A Bangladesh, and Quality Plastic, all of which are dedicated to producing filler masterbatch, color masterbatch, black masterbatch, and a range of finished plastic products such as bottles, caps, and baby toys. With a vast level of experience and a strong customer base, the business continues to meet the growing demand for its products. Quality Mineral Industries plans to increase production and enhance production capabilities to better serve its clients and strengthen its market presence. Business has successfully completed 100% repayment of the 1st campaign. Investors can expect early repayment for the 2nd campaign. Office & Factory: 438, Asrafabad, Kamrangirchar, Dhaka - 1216. Explore: Facebook FAQ: 💡 Is the business Shariah-compliant? The business model (selling plastics and plastic raw materials) is Shariah-compliant. However, according to our Shariah Advisors, biniyog.io and the investors will NOT be liable if the day-to-day operations of the business are not fully Shariah-compliant. This is because investors will be going into a Murabaha (sale contract), not profit-sharing or partnership. Please find contract details in the “Contract” section below. 💡 Is there any investment risk involved? Investments have risks by definition, especially if they are halal. Please find possible risk details for this campaign in the “Risk” section below.",
  "contractDetailsText": "Duration of Investment The investment is for a period of 12 months, from March 2026 to March 2027. Projected ROI (Return on Investment) Projected Return on Investment (ROI): 17% biniyog.io will be charging investors a 1% success fee after successful repayments. Example: If an investor invests BDT 100,000, is expected to make a profit of BDT 18,000 in 12 months; biniyog.io will charge a 1% (this % may vary slightly due to changes in calculation success fee) on the repayment amount meaning BDT 1000 will be deducted as the success fee. This means investors will be keeping BDT 17,000 as net profit. The net ROI for the investors will be 17% over 12 months after deducting biniyog.io’s success fee. Contract Condition Investors will go into a Murabaha agreement (sale contract) with Quality Mineral Industries for purchasing plastic raw materials to expand its product line. It will be a “buy-and-sell” process where investors will first buy the products through biniyog.io. Quality Mineral Industries will then buy those items from investors on credit and pay the amount after 12 months. biniyog.io will act as an agent for the investors and buy the products, take necessary ownership and risk of asset possession on their behalf, and then sell to Quality Mineral Industries. biniyog.io has proposed a price to Quality Mineral Industries for the products after considering a minimum 18% profit on the actual cost of product procurement. Quality Mineral Industries has agreed to it. Investors will be getting a net of 17% profit after deducting biniyog.io’s service charge on investor profit. Investors can expect to get their returns over 12 months in 2 installments: 🗓️ 33% in January’ 2027 🗓️ 67% in March’ 2027 বিনিয়োগের সময়কাল এই বিনিয়োগের মেয়াদ ১২ মাস, মার্চ ২০২৬ থেকে মার্চ ২০২৭ পর্যন্ত। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) বিনিয়োগের উপর প্রত্যাশিত রিটার্ন (ROI): ১৭% সফলভাবে ঋণ পরিশোধের পর biniyog.io বিনিয়োগকারীদের কাছ থেকে ১% সাফল্য ফি আদায় করবে। উদাহরণ: যদি একজন বিনিয়োগকারী ১০০,০০০ টাকা বিনিয়োগ করেন, তাহলে ১২ মাসে ১৮,০০০ টাকা লাভ হবে বলে আশা করা হচ্ছে; biniyog.io পরিশোধের পরিমাণের উপর ১% চার্জ করবে (গণনার সাফল্য ফি পরিবর্তনের কারণে এই শতাংশ সামান্য পরিবর্তিত হতে পারে) অর্থাৎ সাফল্য ফি হিসেবে ১০০০ টাকা কেটে নেওয়া হবে। এর অর্থ বিনিয়োগকারীরা ১৭,০০০ টাকা নেট মুনাফা হিসেবে রাখবেন। biniyog.io এর সাফল্য ফি কেটে নেওয়ার পর ১২ মাস ধরে বিনিয়োগকারীদের জন্য নেট ROI ১৭% হবে। চুক্তির শর্ত বিনিয়োগকারীরা কোয়ালিটি মিনারেল ইন্ডাস্ট্রিজের সাথে প্লাস্টিকের কাঁচামাল কেনার জন্য একটি মুরাবাহা চুক্তি (বিক্রয় চুক্তি) করবে যাতে এর পণ্য লাইন সম্প্রসারিত হয়। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io এর মাধ্যমে পণ্যগুলি কিনবেন। কোয়ালিটি মিনারেল ইন্ডাস্ট্রিজ তারপর বিনিয়োগকারীদের কাছ থেকে ক্রেডিটে সেই জিনিসগুলি কিনবে এবং ১২ মাস পরে অর্থ প্রদান করবে। biniyog.io বিনিয়োগকারীদের জন্য এজেন্ট হিসেবে কাজ করবে এবং পণ্য কিনবে, তাদের পক্ষে প্রয়োজনীয় মালিকানা এবং সম্পদ দখলের ঝুঁকি নেবে এবং তারপর কোয়ালিটি মিনারেল ইন্ডাস্ট্রিজের কাছে বিক্রি করবে। biniyog.io পণ্য ক্রয়ের প্রকৃত খরচের উপর ন্যূনতম ১৮% মুনাফা বিবেচনা করে পণ্যের জন্য কোয়ালিটি মিনারেল ইন্ডাস্ট্রিজকে মূল্য নির্ধারণের প্রস্তাব করেছে। কোয়ালিটি মিনারেল ইন্ডাস্ট্রিজ এতে সম্মত হয়েছে। বিনিয়োগকারীদের লাভের উপর biniyog.io এর পরিষেবা চার্জ বাদ দেওয়ার পরে বিনিয়োগকারীরা ১৭% নেট মুনাফা পাবেন। বিনিয়োগকারীরা ২ কিস্তির মধ্যে ১২ মাসের বেশি সময় ধরে তাদের রিটার্ন পাওয়ার আশা করতে পারেনকিস্তি: \"\"২০২৭ সালের জানুয়ারি মাসে ৩৩%\"\" ২০২৭ সালের মার্চ মাসে ৬৭%",
  "fundUtilizationScope": {
    "bn": "প্লাস্টিকের কাঁচামাল",
    "en": "Plastic raw material"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 5000,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "Business has successfully completed 100% repayment of the 1st campaign. Investors can expect early repayment for the 2nd campaign."
}