{
  "riskGrade": "B",
  "fundRaised": 507658,
  "highlights": [
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_1.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_4.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_5.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_6.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_agro_3.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_10.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Shefa_Agro/Shefa_Agro_9.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/2.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/3.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/4.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/5.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/6.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/7.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/8.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/9.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/10.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Murabaha/12.jpg"
  ],
  "shortIntro": "Sold 100+ goats in their first Eid season shortly after starting the business.",
  "riskDetails": [
    {
      "text": "Death of an asset: Livestocks bear the risk of sudden death. In such cases, business incurs a loss of capital. 📌Shefa Agro’s strategy: After purchase, the business will ensure scheduled visits from the vets Having proper veterinary services available reduces the chance of death of livestocks significantly. Not getting expected growth after rearing: There is a chance of not getting the expected level of growth after rearing the bulls for the targeted timeline. This may impact the profit margin of the business. 📌Shefa Agro’s strategy: The owner, MD Saiful Islam, has had a good level of exposure in this line of business. The business will be purchasing cattle with necessary filtering, therefore, ensuring the expected growth of the cattle can be achieved. High sourcing cost & OPEX driving down profit margin: The cattle market has become quite volatile nowadays due to some unexpected market practice. On top of it, the operational cost of operating a cattle farm is increasing day by day as well, mainly due to the current inflationary pressure in the economy. 📌Shefa Agro’s strategy: The business has established a strong and reliable sourcing network over the years, enabling it to procure livestock at competitive prices while effectively managing procurement risks and price fluctuations. Moreover, the strategic location of the farm in Ashulia, Savar helps minimise operational and feeding costs, contributing to improved cost efficiency and overall business sustainability.",
      "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, 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. Shefa Agro would have the right to reject the products due to quality etc. The risk is expected to be minimal since Shefa Agro 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": "Shefa Agro 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": "Shefa Agro",
  "contractType": "MURABAHA",
  "projectFocus": "Agribusiness",
  "fundingTarget": 2000000,
  "fundProcessing": 334796,
  "projectedROIMax": 9.25,
  "projectedROIMin": 9.25,
  "ownerDetailsText": "Written by Business Hafez Mohammad Saiful Islam began his entrepreneurial journey in 2012 after completing his Dakhil and Hafezi education. In 2021, he founded Shefa Natural Food, an online brand offering organic products such as honey, nuts, spices, and jaggery. To ensure product quality, he completed professional training in honey cultivation and processing from BCIC. Building on this experience and brand trust, he launched Shefa Agro to serve the growing demand for reliable Qurbani livestock.",
  "maximumInvestment": 400000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-01-20T11:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 1127500
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-02-20T11:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 1127500
    }
  ],
  "detailPageVerified": true,
  "shariahDetailsText": "Underlying Contracts Investors appoint biniyog.io as an agent to deal on their behalf (Wakalah) and invest in the business through the buying and sale of assets under a “buy-and-sell” (Murabahah) agreement Approval from Scholars biniyog.io‘s Shariah advisors have approved the basis and application of this Murabahah contract",
  "businessDetailsText": "Value Propositions Strong online presence and brand positioning of Shefa Natural Food is helping to grow Shefa Agro. 60+ cows sold in last Eid ul Adha 2026. Experienced owner with online business establishing experience, brand positioning, customer acquisition, and establishing organic repeated customer base. Introduction to the Business Written by Business Shefa Agro is an organic livestock farming initiative founded by Hafez Mohammad Saiful Islam, focusing on raising cattle and goats for the Qurbani market. The business started shortly before Qurbani Eid 2025 and quickly gained positive response from customers. Leveraging the strong market presence of Shefa Natural Food, the farm successfully sold all its livestock before Eid. Going forward, Shefa Agro plans to gradually expand its livestock capacity while maintaining quality, customer trust, and responsible farming practices. The goal is to become a trusted source of healthy cattle and goats for Qurbani buyers and a trusted source of meat for regular consumers, while continuing to benefit from the established brand reputation and loyal customer base of Shefa Natural Food. The last campaign achieved 100% of its repayment on time Farm Address: Uttor Baherchor, Taranogor Awal Market, Keraniginj. Explore: Facebook page FAQ: 💡 Is the business Shariah-compliant? The business model (selling livestock) 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 Bai’ 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 6 months, from August 2026 to February 2027. Projected ROI (Return on Investment) Projected ROI: 8.5%. Annualized expected return: 17%. biniyog.io will be charging investors a 1.36% success fee on repayment amount. Example: If an investor invests BDT 100,000, is expected to make a profit of BDT 10,000 over the mentioned period; biniyog.io will charge a 1.36% success fee on the repayment amount meaning BDT 1,500 will be deducted as the success fee. This means investors will be keeping BDT 8,500 as net profit. The net ROI for the investors will be 8.5% over the mentioned period (17% annualized) after deducting biniyog.io’s success fee. Contract Condition Investors will go into a Murabahah agreement (sale contract) with Shefa Agro to purchase cows and goats from rural farmers and local haats. It will be a “buy-and-sell” process where investors will first buy products through biniyog.io. Shefa Agro will then buy those items from investors on credit and pay the amount over the mentioned period. biniyog.io will act as an agent for the investors and buy the product, take necessary ownership and risk of asset possession on their behalf, and then sell to Shefa Agro. biniyog.io has proposed a price to Shefa Natural Food for the products after considering a minimum 10% profit on the actual cost of product procurement. Shefa Natural Food has agreed to it. Investors will be getting a net of 8.5% profit after deducting biniyog.io’s success fee on investor profit.. Investors can expect to get their returns in three installments: 🗓️ 100% by Feb’ 27 বিনিয়োগের সময়কাল এই বিনিয়োগটি ৬ মাসের জন্য, অর্থাৎ আগস্ট ২০২৬ থেকে ফেব্রুয়ারি ২০২৭ পর্যন্ত কার্যকর থাকবে। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) প্রত্যাশিত বিনিয়োগ ফেরত: ৮.৫%। বার্ষিক প্রত্যাশিত আয়: ১৭%। biniyog.io বিনিয়োগকারীদের পরিশোধিত অর্থের উপর ১.৩৬% সফলতা ফি ধার্য করবে। উদাহরণ: যদি কোনো বিনিয়োগকারী ১,০০,০০০ টাকা বিনিয়োগ করেন এবং উল্লিখিত সময়কালে ১০,০০০ টাকা লাভ করার প্রত্যাশা করেন; তাহলে biniyog.io পরিশোধিত অর্থের উপর ১.৩৬% সাকসেস ফি ধার্য করবে, অর্থাৎ সাকসেস ফি হিসাবে ১,৫০০ টাকা কেটে নেওয়া হবে। এর মানে হলো, বিনিয়োগকারীরা নিট লাভ হিসাবে ৮,৫০০ টাকা রাখবেন। biniyog.io-এর সাকসেস ফি বাদ দেওয়ার পর, উল্লিখিত সময়কালে বিনিয়োগকারীদের জন্য নিট ROI হবে ৮.৫% (বার্ষিক ১৭%)। চুক্তির শর্ত বিনিয়োগকারীরা গ্রামীণ কৃষক এবং স্থানীয় হাট থেকে গরু ও ছাগল কেনার জন্য শেফা এগ্রো-র সাথে একটি মুরাবাহা চুক্তি (বিক্রয় চুক্তি) করবেন। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে, যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io-এর মাধ্যমে পণ্য ক্রয় করবেন। এরপর শেফা এগ্রো বিনিয়োগকারীদের কাছ থেকে বাকিতে সেই পণ্যগুলো ক্রয় করবে এবং উল্লিখিত সময়ের মধ্যে মূল্য পরিশোধ করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং তাদের পক্ষে পণ্যটি ক্রয় করে, সম্পদের প্রয়োজনীয় মালিকানা ও দখলের ঝুঁকি গ্রহণ করবে এবং তারপর শেফা এগ্রোর কাছে তা বিক্রি করবে। biniyog.io পণ্য সংগ্রহের প্রকৃত খরচের উপর ন্যূনতম ১০% মুনাফা বিবেচনা করে শেফা ন্যাচারাল ফুড-কে পণ্যগুলির জন্য একটি মূল্য প্রস্তাব করেছে। শেফা ন্যাচারাল ফুড এতে সম্মত হয়েছে। বিনিয়োগকারীদের লাভের উপর biniyog.io-এর সাফল্য ফি বাদ দেওয়ার পর বিনিয়োগকারীরা নিট ৮.৫% লাভ পাবেন। বিনিয়োগকারীরা তিনটি কিস্তিতে তাদের রিটার্ন পাওয়ার আশা করতে পারেন: ২৭শে ফেব্রুয়ারির মধ্যে ১০০%",
  "fundUtilizationScope": {
    "bn": "গবাদি পশু ক্রয়",
    "en": "livestock purchase"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 4400,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "The last campaign achieved a 100% on-time repayment"
}