{
  "riskGrade": "B+",
  "fundRaised": 222996,
  "highlights": [
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/1.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/2.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/3.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/4.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/5.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/6.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/BD_Star_Agro_Food/7.jpg"
  ],
  "shortIntro": "Selling spices and processed foods to 500+ retail stores and  one export based client",
  "riskDetails": [
    {
      "text": "Food Safety and Quality Assurance: Contamination during processing or packaging could compromise the safety and quality of the food products. Inadequate quality control measures may result in a drop in the quality of the products reaching the market. 📌BD Star Agro Foods’ Strategy: The business has implemented strict hygiene practices in its factory, and kept proper equipment to minimize contamination risks. Supply Chain Risks: Dependence on a limited number of suppliers might disrupt the supply chain, which in turn may affect production. Besides that, volatility in the prices of raw materials may impact profit margins. 📌BD Star Agro Foods’ Strategy: The business is collecting the required raw goods from multiple suppliers of the wholesale market. They have a good connection with the supply chain. As the business is selling premium products, a rise in the raw materials will allow the business to increase the price of final products. This will mitigate such issues to a tolerable point. Market and Consumer Risks: Changes in consumer preferences or trends may impact the demand for specific products. Intense competition in the food industry can lead to price wars or loss of market share. 📌BD Star Agro Foods’ Strategy: The business is currently providing 140+ products (which includes some signature products as well) ranging from spices to snacks required in every household. This diversified offering of products makes their market footing considerably stronger. Logistical and Distribution Risks: Risks related to transportation, such as delays, damages, or temperature control failures affecting product quality. Difficulties in managing an effective distribution network may lead to stockouts or overstock situations. 📌BD Star Agro Foods’ Strategy: The business maintains an in-house delivery facility for delivering the products to multiple stores. Moreover, they have some commissioned based sales representatives who carry a certain quantity of products to their designated sales areas. This lets the business cover some distant (but responsive) areas while keeping their logistical cost in control to some extent.",
      "type": "Business Assessment"
    },
    {
      "text": "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 considering their cash flow unless one of the risk factors comes into play.",
      "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 BD Star Agro Food within a very short time frame. BD Star Agro Food would have the right to reject the product due to quality and other order specifications. The risk is expected to be minimal since BD Star Agro Food 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": "BD Star Agro Food will share installment cheques with biniyog.io. A guarantee security cheque will also be kept from the business owner. Additionally, the business will introduce a guarantor in the contract for adding an extra layer of security.",
      "type": "Security"
    }
  ],
  "businessName": "BD Star Agro Food",
  "contractType": "MURABAHA",
  "projectFocus": "Organic food",
  "fundingTarget": 800000,
  "fundProcessing": 540454,
  "projectedROIMax": 12.375,
  "projectedROIMin": 12.375,
  "ownerDetailsText": "Written by Business Afzal Hossain is the owner of BD Star Agro Foods. He started this business on his own in 2017. With his hard work and experience, he grew the business over time. He is moving forward with a plan of providing service to all the districts of Bangladesh and creating employment opportunities for people.",
  "maximumInvestment": 400000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-09-10T17:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-10-10T17:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-11-09T17:30:00.000Z",
      "instalmentNumber": 3,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-12-10T17:30:00.000Z",
      "instalmentNumber": 4,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-01-09T17:30:00.000Z",
      "instalmentNumber": 5,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-02-09T17:30:00.000Z",
      "instalmentNumber": 6,
      "minExpectedAmount": 112375
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-03-10T17:30:00.000Z",
      "instalmentNumber": 7,
      "minExpectedAmount": 224750
    }
  ],
  "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 (Murabaha) agreement. Approval from Scholars biniyog.io‘s Shariah advisors have approved the basis and application of this Murabaha contract.",
  "businessDetailsText": "Value Propositions Serving many regular customers (retail stores) in Uttara, Rampura, Tongi, Uttarkhan, Dakkhinkhan, Kamarpara, Pubail, Mohakhali, Rampura, Banasree, Khilkhet, Nikunja, Gazipur and other areas through dealers. Considerably large production capacity in their factory with a good market demand. Delivering 100+ products in the market. Mostly cash transactions and a very short credit window for selected customers. Introduction to the Business Written by Business BD Star Agro Foods is a food company in Bangladesh serving domestic retail businesses. The business mainly sells processed foods, spices, nuts, condiments, snack items etc. It has its in-house facility for processing and packaging food. The business started its journey on 30th July, 2017. Over time the business expanded its operation and opened its processing and warehouse facility in Abdullahpur. With an increased production capacity and observing a rise in demand in the market, the business is seeking funds to purchase raw materials to increase its supply of products. Currently, the business has 140+ products and covers the market of Gazipur, Uttara, Rampura, Mirpur, and others. BD Stars specializes in delivering good quality premium products and moving forward to capture a larger market segment to meet the increasing demand for reliable, high-quality food options. The business has completed 100% repayments of its first 5 campaigns. They have also made 55% repayment of their 6th campaign and 75% repayment of the 7th campaign. A financing limit has been set for the business by Biniyog. Factory Address: House: 400, Faidabad, Khathaltola, Dhakhinkhan, Dhaka-1230 Explore: LinkedIn FAQ: 💡 Is the business Shariah-compliant? The business model (selling spices, dry foods, condiments, etc.) 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 9 months, from June 2026 to March 2027. Projected ROI (Return on Investment) Projected Return on Investment (ROI): 12.38% Projected ROI (annualized): 16.5% Example: If an investor invests BDT 100,000, he/she can expect to make a profit of BDT 14,250 over the mentioned period; biniyog.io will charge a 1.64% success fee on the repayment amount meaning BDT 1,875 will be deducted as the success fee. This means investors will be keeping BDT 12,375 as net profit. The net ROI for the investors will be 12.38% over the mentioned period (16.5% annualized) after deducting biniyog.io’s success fee. Contract Condition Investors will go into a Murabaha agreement (sale contract) with BD Star Agro Food for purchasing spices, dry foods, condiments, etc. It will be a “buy-and-sell” process where investors will first buy the products through biniyog.io. BD Star Agro Food will then buy those items from investors on credit and pay the amount after 9 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 BD Star Agro Food. biniyog.io has proposed a price to the business for the products after considering a minimum 14.25% profit on the actual cost of product procurement. BD Star Agro Food has agreed to it. Investors will be getting a net of 12.38% profit after deducting biniyog.io’s service charge on investor profit. Investors can expect to get their returns over 9 months in the following installment. 🗓️ 12.5% by Oct’2026 🗓️ 37.5% by Jan’2027 🗓️ 50% by early Mar’2026 বিনিয়োগের সময়কাল এই বিনিয়োগটি জুন ২০২৬ থেকে মার্চ ২০২৭ পর্যন্ত, অর্থাৎ ৯ মাসের জন্য। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) বিনিয়োগের উপর প্রত্যাশিত আয় (ROI): ১২.৩৮% প্রত্যাশিত বিনিয়োগ ফেরত (বার্ষিক): ১৬.৫% উদাহরণ: যদি কোনো বিনিয়োগকারী ১,০০,০০০ টাকা বিনিয়োগ করেন, তবে তিনি উল্লিখিত সময়কালে ১৪,২৫০ টাকা লাভ করার আশা করতে পারেন; biniyog.io পরিশোধিত অর্থের উপর ১.৬৪% সাকসেস ফি ধার্য করবে, অর্থাৎ সাকসেস ফি হিসাবে ১,৮৭৫ টাকা কেটে নেওয়া হবে। এর মানে হলো, বিনিয়োগকারীরা নিট লাভ হিসাবে ১২,৩৭৫ টাকা রাখবেন। biniyog.io-এর সাকসেস ফি বাদ দেওয়ার পর, উল্লিখিত সময়কালে বিনিয়োগকারীদের জন্য নিট ROI হবে ১২.৩৮% (বার্ষিক ১৬.৫%)। চুক্তির শর্ত বিনিয়োগকারীরা বিডি স্টার এগ্রো ফুডের সাথে মশলা, শুকনো খাবার, মসলাজাতীয় খাদ্যদ্রব্য ইত্যাদি ক্রয়ের জন্য একটি মুরাবাহা চুক্তি (বিক্রয় চুক্তি) করবেন। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে, যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io-এর মাধ্যমে পণ্যগুলো কিনবেন। এরপর বিডি স্টার এগ্রো ফুড বিনিয়োগকারীদের কাছ থেকে বাকিতে সেই পণ্যগুলো কিনবে এবং ৯ মাস পর মূল্য পরিশোধ করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং তাদের পক্ষে পণ্যগুলো ক্রয় করে, সম্পদের প্রয়োজনীয় মালিকানা ও দখলের ঝুঁকি গ্রহণ করবে এবং তারপর বিডি স্টার এগ্রো ফুড-এর কাছে তা বিক্রি করবে। biniyog.io পণ্য সংগ্রহের প্রকৃত খরচের উপর ন্যূনতম ১৪.২৫% মুনাফা বিবেচনা করে ব্যবসা প্রতিষ্ঠানটিকে পণ্যগুলোর জন্য একটি মূল্য প্রস্তাব করেছে। বিডি স্টার এগ্রো ফুড এতে সম্মত হয়েছে। বিনিয়োগকারীদের মুনাফার উপর biniyog.io-এর সার্ভিস চার্জ বাদ দেওয়ার পর বিনিয়োগকারীরা ১২.৩৮% নিট মুনাফা পাবেন। বিনিয়োগকারীরা নিম্নলিখিত কিস্তিতে ৯ মাস ধরে তাদের রিটার্ন পাওয়ার আশা করতে পারেন। অক্টোবর ২০২৬ নাগাদ ১২.৫% ​​জানুয়ারি ২০২৭ নাগাদ ৩৭.৫% ২০২৬ সালের মার্চের শুরুতে ৫০%",
  "fundUtilizationScope": {
    "bn": "বিভিন্ন ধরনের মসলা",
    "en": "Various spices"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 5000,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "On time repayments till date"
}