F A Q
Shariah-based profit calculation starts from the day after the end of the campaign or the day after the investment in the said project is closed. Accordingly, you will get back the profit along with the capital on the day after the expiry of your invested project.
The information of investor section Withdraw Request must be filled correctly. For example: Bkash / Cash / Bank Account / Those who wish to receive money through any means, write the information accurately in the Withdraw Request Option and submit within 3 working days, the money will be received in his payment gateway or Bank Account.
Because your investment money in Grow Grain is paid to your wallet after cross matching. In that case, 6 hours (Pick hour) is required for NPSB Transfer and 12 hours (Pick Hour) for BEFTN transfer.
Those customers who are interested in Re-Investing, they can directly invest in the expected project without giving a Withdrawal Request after receiving the capital received from the previous investment. If you are interested in withdrawing any amount of money, then in that case the investor can submit the Withdraw Request by specifying the amount of money before submitting the Withdraw Request. Note: Withdrawal amount will be paid directly to the investor's payment gateway or bank after the Withdrawal Request submission, so the Withdrawal Amount will be blocked for 2 working days, after which the above amount cannot be invested in ongoing projects.
The halal profit along with the invested capital is added to the wallet the day after the project expires or matures i.e. if your project expires today then money will be added to your wallet tomorrow.
A minimum of 7 working days is required to complete the Deed of Agreement
Based on the Murabaha agreement, the investor is never a sharer of the loss, so the amount of risk factor & service charge is not deducted from the investor's share, but the investor receives his invested capital and the promised total halal profit in the Grow Grain project. But in case of Mudaraba agreement the investor shares equally in profit and loss.
Capital is the biggest obstacle for the farmers of Bangladesh. From seeds to agricultural implements to pesticides, constraints are faced due to lack of capital. They don't have the legal knowledge and the ability to take documents like taking bank loans. Therefore, they can't take any profit from middlemen's manipulation and money laundering. Due to the social context that is deprived of farmers and agriculture, the children of farmers don't want to be farmers anymore. That's why Grow Grain is working in solidarity with agriculture and farmers to achieve Shariah-based halal profit and prosperity of the country and agriculture. So it cannot be called crowd funding but it can be called a fintech company.
As we are committed to Smooth Disbursement but If the Grow Grain defaults on its payments and fails to cure said default within one month a reasonable amount of penalty and any accrued benefit will be immediately due and payable. But Grow Grain has conducted an in-house analysis of the projected returns of the business , and they expected to be able to repay on time , barring any unforeseen risk factors.
Grow Grain has been working with agricultural farmers and investors for years. You know that agriculture will last as long as humans live so your hard-earned money will be protected by investing in agriculture. Moreover, investing through Shariah-based contracts gives you a golden opportunity to earn profits in a halal way, which is your safety shield in this world and the hereafter. There is also... 1) Authorize Invoice as per Company Act 1994 after investment in Grow Grain project from minimum unit price up to Tk 2 lakh taka. 2) Get Authorize Invoice + Security Cheque according to Company Act 1994 for investment in Grow Grain project above 2 lakh taka . 3) Deed of Agreement + Security Cheque + Authorize Invoice according to Company Act 1994 on investment of 4 lakh taka or Above in Grow Grain project.
Neel Komol , House # 100 , Level - 6 , Road # 11 , Block # C , Banani , Dhaka - 1213
