Shikha Prokashoni [2]

{
  "riskGrade": "B",
  "fundRaised": 0,
  "highlights": [
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    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shikha_Prokashoni/Shikha_Prokashoni_2.jpg",
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  "shortIntro": "65+ years in publishing and a strong presence in local and international book markets.",
  "riskDetails": [
    {
      "text": "Supply Chain Disruptions: Shikha Prokashoni relies on uninterrupted access to quality paper, printing materials, and distribution channels to maintain its publishing schedule. Any disruption, such as price hikes in raw materials or delays from local paper suppliers could hinder book production timelines, particularly during high-demand periods like the Ekushey Book Fair or Ramadan season. 📌Shikha Prokashoni’s Strategy: The business maintains strong relationships with multiple suppliers and sources paper in bulk (rim) to avoid last-minute shortages. They also strategically stock key materials in advance of major publishing seasons to reduce production delays and ensure timely book launches. Market Competition: The Bangladeshi publishing industry is competitive, with both legacy publishers and newer entrants targeting the same reader demographics. Digital platforms have further intensified competition by enabling self-publishing and low-cost book production. Maintaining visibility among a growing number of players is a challenge. 📌Shikha Prokashoni’s Strategy: To stay competitive, the business focuses on quality content, leveraging its rich author portfolio and long-standing reputation. They actively participate in international book fairs and invest in online visibility through platforms like Rokomari.com and Wafilife, helping broaden its reach beyond traditional retail. Inventory and Author-Related Risk: Recent controversies involving a few iconic authors—some of whose books are currently in Shikha Prokashoni’s inventory pose a reputational and sales risk. Additionally, reduced demand for science fiction and politically sensitive writers may lead to slower inventory turnover. 📌Shikha Prokashoni’s Strategy: The company is gradually diversifying its author lineup and investing in emerging genres like Islamic literature and history, which show growing demand. This pivot is designed to balance sales performance and ensure sustainability across varying market preferences. Economic Instability: Macroeconomic challenges such as inflation and reduced consumer spending affect the affordability of books, especially non-essential or premium-priced literary works. 📌Shikha Prokashoni’s Strategy: To mitigate economic pressures, Shikha Prokashoni offers a diverse price range, from affordable editions to premium collectibles. This flexibility allows the company to appeal to a broader customer base and maintain steady sales even in times of financial uncertainty. Additionally, the economic instability effect will be equal for all the industry players. .",
      "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 Shikha Prokashoni within a very short time frame. Shikha Prokashoni would have the right to reject the product due to quality and other order specifications. The risk is expected to be minimal since the 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": "Shikha Prokashoni 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 along with security cheques in the contract for adding an extra layer of security.",
      "type": "Security"
    }
  ],
  "businessName": "Shikha Prokashoni",
  "contractType": "MURABAHA",
  "projectFocus": "Printing & Publishing",
  "fundingTarget": 1000000,
  "fundProcessing": 0,
  "projectedROIMax": 17,
  "projectedROIMin": 17,
  "ownerDetailsText": "Written by the business I am Kazi Nafizul Islam, the current proprietor of Shikha Prokashoni. I completed my BBA in 2012 and spent five years working in the banking sector before joining my father in the family business in 2017. Shikha Prokashoni was originally founded by my grandfather, Kazi Shajahan, a pioneer in the publishing industry. After his passing in 1997, my father, Kazi Nazrul Islam, took over the reins and led the business with dedication until his untimely death due to COVID-19 in 2020. Driven by a vision to bridge literature and lifestyle, I aspire to expand Shikha Prokashoni beyond publishing by launching a chain of book cafés in Bangladesh and abroad. Inspired by iconic spaces like Bengal Books, Batighar, and The Reading Café, I aim to create hubs where readers can enjoy coffee, browse books, and engage with cultural dialogues.",
  "maximumInvestment": 300000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-07-29T11:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 70200
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-08-29T11:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 70200
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-09-29T11:30:00.000Z",
      "instalmentNumber": 3,
      "minExpectedAmount": 70200
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-10-29T11:30:00.000Z",
      "instalmentNumber": 4,
      "minExpectedAmount": 70200
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-11-29T11:30:00.000Z",
      "instalmentNumber": 5,
      "minExpectedAmount": 70200
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-12-29T11:30:00.000Z",
      "instalmentNumber": 6,
      "minExpectedAmount": 117000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-01-29T11:30:00.000Z",
      "instalmentNumber": 7,
      "minExpectedAmount": 175500
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-02-28T11:30:00.000Z",
      "instalmentNumber": 8,
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    {
      "status": "SCHEDULED",
      "expectedDate": "2027-03-31T11:30:00.000Z",
      "instalmentNumber": 9,
      "minExpectedAmount": 117000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-05-01T11:30:00.000Z",
      "instalmentNumber": 10,
      "minExpectedAmount": 117000
    }
  ],
  "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 Over 65 years of trusted publishing excellence. Over 200 titles available on Rokomari.com and Wafilife. Published works by Bangladesh’s most iconic authors. Regular presence in major international book fairs. Introduction to the Business Written by the business Since its inception, Shikha Prokashoni has been contributing significantly to Bangladesh's publishing industry by producing high-quality literary works from the country's most iconic writers. With a rich history spanning more than six decades, the publishing house has earned national and international recognition, consistently participating in global book fairs across the US, Europe, and Asia. Their books are widely available online through platforms like Rokomari.com and Wafilife, making them accessible to readers across the globe. In the 2025 Dhaka International Book Fair, Shikha Prokashoni drew a notable crowd, reflecting its continued popularity and strong reader base. In light of recent market trends showing a sharp rise in the popularity of Islamic and historical literature, Shikha Prokashoni plans to invest in bulk paper purchases to support its upcoming publishing projects in these genres. This strategic expansion aims to cater to growing reader interest and strengthen the company’s presence in both local and international markets. Address: 38/2K North Brook Hall Road, Banglabazar, Mannan Market, 4th Floor, Dhaka-1100. Explore: Facebook FAQ: 💡 Is the business Shariah-compliant? The business model (selling books) 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 April 2026 to May 2027. Projected ROI (Return on Investment) Projected Return on Investment (ROI): 17% biniyog.io will be charging investors a 3% success fee after successful repayments. Example: If an investor invests BDT 100,000, is expected to make a profit of BDT 20,000 in 12 months; biniyog.io will charge a 3% (this % may vary slightly due to changes in calculation success fee) on the repayment amount meaning BDT 3000 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 Shikha Prokashoni for purchasing papers. It will be a “buy-and-sell” process where investors will first buy the products through biniyog.io. Shikha Prokashoni 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 Shikha Prokashoni. biniyog.io has proposed a price to Shikha Prokashoni for the products after considering a minimum 20% profit on the actual cost of product procurement. Shikha Prokashoni 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 3 installments: 🗓️ 12% in October’ 2026 🗓️ 18% in January’ 2027 🗓️ 70% in May’ 2027 বিনিয়োগের সময়কাল এই বিনিয়োগটি এপ্রিল ২০২৬ থেকে মে ২০২৭ পর্যন্ত ১২ মাসের জন্য করা হয়েছে। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) বিনিয়োগের উপর প্রত্যাশিত আয় (ROI): ১৭% সফলভাবে অর্থ পরিশোধের পর biniyog.io বিনিয়োগকারীদের কাছ থেকে ৩% সফলতা ফি নেবে। উদাহরণ: যদি কোনো বিনিয়োগকারী ১,০০,০০০ টাকা বিনিয়োগ করেন এবং ১২ মাসে ২০,০০০ টাকা লাভ করার প্রত্যাশা করেন; তাহলে biniyog.io পরিশোধিত অর্থের উপর ৩% (সাকসেস ফি গণনার পদ্ধতির পরিবর্তনের কারণে এই শতাংশ সামান্য পরিবর্তিত হতে পারে) চার্জ করবে, অর্থাৎ সাকসেস ফি হিসাবে ৩,০০০ টাকা কেটে নেওয়া হবে। এর মানে হলো, বিনিয়োগকারীরা নেট লাভ হিসাবে ১৭,০০০ টাকা রাখতে পারবেন। biniyog.io-এর সাকসেস ফি বাদ দেওয়ার পর, ১২ মাসে বিনিয়োগকারীদের নেট ROI হবে ১৭%। চুক্তির শর্ত বিনিয়োগকারীরা কাগজপত্র ক্রয়ের জন্য শিখা প্রকাশনীর সঙ্গে একটি মুরাবাহা চুক্তি (বিক্রয় চুক্তি) করবেন। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে, যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io-এর মাধ্যমে পণ্যগুলি কিনবেন। এরপর শিখা প্রকাশনী বিনিয়োগকারীদের কাছ থেকে বাকিতে সেই পণ্যগুলি কিনবে এবং ১২ মাস পর টাকা পরিশোধ করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং তাদের পক্ষে প্রোডাক্টগুলো ক্রয় করে, সম্পদের প্রয়োজনীয় মালিকানা ও দখলের ঝুঁকি গ্রহণ করবে এবং তারপর শিখা প্রকাশনীর কাছে তা বিক্রি করবে। biniyog.io পণ্য সংগ্রহের প্রকৃত খরচের উপর ন্যূনতম ২০% লাভ বিবেচনা করে শিখা প্রকাশনীকে পণ্যগুলির জন্য একটি মূল্য প্রস্তাব করেছে। শিখা প্রকাশনী এতে সম্মত হয়েছেন। বিনিয়োগকারীরা তাদের লাভের উপর biniyog.io-এর পরিষেবা চার্জ বাদ দেওয়ার পর মোট ১৭% লাভ পাবেন। বিনিয়োগকারীরা ১২ মাসের বেশি সময়ের রিটার্ন ৩ কিস্তিতে পেতে পারেন।কিস্তি: 🗓️ ২০২৬ সালের অক্টোবরে ১২% ২০২৭ সালের জানুয়ারিতে ১৮% ২০২৭ সালের মে মাসে ৭০%",
  "fundUtilizationScope": {
    "bn": "মুদ্রণ ও প্রকাশনা",
    "en": "Printing & Publishing"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 5000,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "Business has completed 70% payment of the first campaign and is expected pay the rest of the amount on time."
}