{
  "riskGrade": "B",
  "fundRaised": 682836,
  "highlights": [
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  "shortIntro": "Experience of rearing and trading 1000+ cows",
  "riskDetails": [
    {
      "text": "Death of an asset: Livestocks bear the risk of sudden death. In such cases, the business incurs a loss of capital. 📌Cattle Ranch Bangladesh’s strategy: After purchase, the business takes vet services from vets who are well-known in this line of work. Having proper veterinary services available reduces the chance of death of livestock significantly. Moreover, the business keeps an above-average level of profit margin from selling the bulls. Therefore, unfortunate accidents might be resolved by the business by taking proper measures. The point to note here is that, once the cattle has been sold to the business, investors do not bear any liability for disease or death, and the business is liable to repay investors. Mismatch with the expected level of growth after rearing: After raising the bulls for the intended period, there is a possibility that the growth won't be as anticipated. The business's profit margin might be significantly impacted by this. 📌Cattle Ranch Bangladesh’s strategy: The business maintains proper diet plans for the livestock. The business owner has ample experience of tracking and predicting the growth of the cattle. The business will be trading on a 3-month-cycle basis. Therefore, the business will be selling out the bulls with less growth along with the rest of the bulls of that batch. Price hike of cattle feed: The price of almost everything has gone up in recent days. If the price of cattle feed goes up significantly, the profit margin of the business might be hurt significantly. 📌Cattle Ranch Bangladesh’s strategy: The business owner has his own cattle feed business that lets him avail special discounts on the price. This also lets the business avoid price uncertainty.",
      "type": "Business Assessment"
    },
    {
      "text": "The business is Qurbani (Eid-ul Adha) focused. The business will receive payments right before Eid and are not expected to delay payments more than 10 days after Eid.",
      "type": "Payment Delay"
    },
    {
      "text": "biniyog.io will buy the bulls on behalf of investors first and secure ownership. The bulls will then be handed over to Cattle Ranch Bangladesh within a very short time frame. Cattle Ranch Bangladesh would have the right to reject the bulls due to quality etc. The risk is expected to be minimal since Cattle Ranch Bangladesh themselves will be choosing the bulls before biniyog.io buys them. This is a necessary risk to ensure Shariah compliance of the transaction.",
      "type": "Possession of assets"
    },
    {
      "text": "Cattle Ranch Bangladesh will share a security cheque with biniyog.io. Moreover, a guarantor will be introduced in the contract to add an extra layer of safety for the investors.",
      "type": "Security"
    }
  ],
  "businessName": "Cattle Ranch Bangladesh",
  "contractType": "MURABAHA",
  "projectFocus": "Livestock rearing and trading",
  "fundingTarget": 3500000,
  "fundProcessing": 37512,
  "projectedROIMax": 11.99999563636522,
  "projectedROIMin": 11.99999563636522,
  "ownerDetailsText": "Written by the business - verified by biniyog.io ✅ Mr. Farhan Ashraf Malik is the owner of Cattle Ranch Bangladesh. He is looking to increase stock of bulls so that he can make a premium collection for the Eid-ul-adha 2027. In his words: “I studied ACCA. After finishing my studies I joined my family business and from a young age have a fascination about bulls, which like everyone we used to buy in our religious occasion of Eid-ul Adha. From there, passion led me to achieve a goal of having my own bull farm. Now it's successful and we plan to make this farm into one of the best in town.”",
  "maximumInvestment": 1050000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-03-24T17:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 194250
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-04-24T17:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 194250
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-05-24T17:30:00.000Z",
      "instalmentNumber": 3,
      "minExpectedAmount": 3496500
    }
  ],
  "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 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 procurement connections allow the business to procure premium and good quality cows. Significant online presence lets the business to attract customers more easily. 4 successful repayments with biniyog.io. Experience of rearing and trading 1000+ cows Introduction to the Business Written by the business We started in 2018 with our first dairy project starting with 5 cows and started our first fattening project in 2019 and have been successful till these.We started with 5 bulls in 2019 and till today we have been able to rear and trade more than 900+ cattle.We have been working in this industry for 6 years and recently we have diversified our business in cattle food industry. We are recently expanding our farm capacity to increase our cow rearing and trading volume. The business has made 100% on time repayments of its four previous campaigns. Most of the repayments were made on time with some slight delays (1-2 days) due to after Eid calculation closing and reconciliation. Address: Munshi Hati Masjid road (near Badsha Mia School), Kamrangirchar, Hazaribagh, Dhaka Explore: Facebook Farm address: Munshi Hati Masjid road (near Badsha Mia School), Kamrangirchar, Hazaribagh, Dhaka Explore: Facebook FAQ: 💡 Is the business Shariah-compliant? The business model (selling bulls) 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 8 months, expected from September 2026 to the end of May 2027. Projected ROI (Return on Investment) Projected Return on Investment (ROI): 12% Projected ROI (Annualized): 16.5% Example: If an investor invests BDT 100,000, he/she can expect to make a profit of BDT 12,000 over the mentioned period; biniyog.io will charge a 0.89% success fee on the repayment amount meaning BDT 1,000 will be deducted as the success fee. This means investors will be keeping BDT 11,000 as net profit. The net ROI for the investors will be 11% over the mentioned period (16.5% annualized) after deducting biniyog.io’s success fee. Contract Condition Investors will go into a Murabahah agreement (sale contract) with Cattle Ranch Bangladesh for purchasing different price ranges and qualities of bulls. It will be a “buy-and-sell” process where investors will first buy cattle through biniyog.io. Cattle Ranch Bangladesh will purchase the cattle from investors on credit and pay the amount in 8 months. biniyog.io will act as an agent for the investors and buy the cattle, take necessary ownership and risk of asset possession on their behalf, and then sell to Cattle Ranch Bangladesh biniyog.io has proposed a price to Cattle Ranch Bangladesh for the cattle after considering a minimum 11.33% profit on the actual cost of product procurement. Cattle Ranch Bangladesh has agreed to it. Investors will be getting a net of 11% profit after deducting biniyog.io‘s service charge on investor profit Investors can expect to get their returns over 8 months in 1 installment: 🗓️ 100% in the last week of May 2027 বিনিয়োগের সময়কাল এই বিনিয়োগটি ৮ মাসের জন্য, যা সেপ্টেম্বর ২০২৬ থেকে মে ২০২৭-এর শেষ পর্যন্ত চলবে বলে আশা করা হচ্ছে। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) বিনিয়োগ থেকে প্রত্যাশিত আয় (ROI): ১২% প্রত্যাশিত বিনিয়োগ ফেরত (বার্ষিক): ১৬.৫% উদাহরণ: যদি কোনো বিনিয়োগকারী ১,০০,০০০ টাকা বিনিয়োগ করেন, তবে তিনি উল্লিখিত সময়কালে ১২,০০০ টাকা লাভ করার আশা করতে পারেন; biniyog.io একটি চার্জ ধার্য করবে। ০.৮৯% সফলতার ফিপরিশোধযোগ্য অর্থ থেকে সফলতা ফি হিসেবে ১,০০০ টাকা কেটে নেওয়া হবে। এর মানে হলো, বিনিয়োগকারীরা নিট মুনাফা হিসেবে ১১,০০০ টাকা রাখবেন। biniyog.io-এর সফলতা ফি বাদ দেওয়ার পর, উল্লিখিত সময়কালে বিনিয়োগকারীদের নিট বিনিয়োগের উপর রিটার্ন (ROI) হবে ১১% (বার্ষিক ১৬.৫%)। চুক্তির শর্ত বিনিয়োগকারীরা বিভিন্ন মূল্যসীমা ও গুণমানের ষাঁড় ক্রয়ের জন্য ক্যাটল র‍্যাঞ্চ বাংলাদেশের সাথে একটি মুরাবাহা চুক্তিতে (বিক্রয় চুক্তি) আবদ্ধ হবেন। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে, যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io-এর মাধ্যমে গবাদি পশু কিনবেন। ক্যাটল র‍্যাঞ্চ বাংলাদেশ বিনিয়োগকারীদের কাছ থেকে বাকিতে গবাদি পশুগুলো ক্রয় করবে এবং ৮ মাসের মধ্যে টাকা পরিশোধ করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং তাদের পক্ষে গবাদি পশুগুলো ক্রয় করবে, সম্পদের প্রয়োজনীয় মালিকানা ও দখলের ঝুঁকি গ্রহণ করবে এবং তারপর ক্যাটল র‍্যাঞ্চ বাংলাদেশ-এর কাছে বিক্রি করবে। বিনিযোগ.আইও পণ্য সংগ্রহের প্রকৃত খরচের উপর ন্যূনতম ১১.৩৩% মুনাফা বিবেচনা করে ক্যাটল র‍্যাঞ্চ বাংলাদেশকে গবাদি পশুর জন্য একটি মূল্য প্রস্তাব করেছে। ক্যাটল র‍্যাঞ্চ বাংলাদেশ এতে সম্মত হয়েছে। বিনিয়োগকারীরা তাদের লাভের উপর বিনিযোগ.আইও-এর সার্ভিস চার্জ বাদ দিয়ে মোট ১১% নিট মুনাফা পাবেন। বিনিয়োগকারীরা ৮ মাস ধরে ১টি কিস্তিতে তাদের রিটার্ন পাওয়ার আশা করতে পারেন: 🗓️ ২০২৭ সালের মে মাসের শেষ সপ্তাহে ১০০%",
  "fundUtilizationScope": {
    "bn": "গরু",
    "en": "Cows"
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  "protectionPoolChargeFee": [
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      "startingFrom": 4400,
      "protectionPoolFeeRate": 1
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    {
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      "protectionPoolFeeRate": 1.5
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  "previousRepaymentHistorySummary": "Most of the repayments were made on time with some slight delays (1-2 days) due to after Eid calculation closing and reconciliation."
}