4 months

Min. Investment

৳ 10,000

Projected ROI

15% per annum

Risk Grade



Ahlan Agro is a growing cattle business looking to raise funds for purchasing cattle. This is their 3rd time of fundraising through the platform. They have raised 20 lacs in their 1st campaign and completed the repayments on time. They have successfully completed their first repayment of their 2nd campaign (almost 30% of the amount raised) . They are planning to purchase bulls which they will rear and sell targeting Eid-ul Adha. This is a halal buy-and-sell campaign, and investors will be able to enjoy a projected ROI of 5% for an investment period of 4 months (approximately 15% per annum).

Bosila, Dhaka, Bangladesh

Ahlan Agro [3]

৳ 3,207,550 Raised
৳ 0 Being Processed
0 Days Left
Goal: ৳ 2,500,000
The campaign is successful.
By Saif
62 Campaigns | 0 Loved campaigns

The Business

Accordion Content

Ahlan started their business in 2015 with organic products and spices. Over the years, they have ventured into eggs, poultry, honey and cattle.

In 2021, the business explored Qurbani project by rearing around 19 cattle for 2 months prior to Eid and also renting out the shed to 100+ cattle. During the Eid-ul Adha 2022, they purchased 24 bulls using financing from biniyog.io, this time they reared the cattle for 4+ months.

They again bought 30 bulls in a 2nd financing through biniyog.io and have successfully completed the first repayment (30% of the total amount) instalment. 

The business promises to deliver cattle to consumers which are free from steroids, growth hormones, antibiotics and are given organic diet only. They are located in Bosila and investors are free to visit their premises.

Address: Ahlan Agro, Bosila Garden City, Hakkar Par, Bosila, Mohammadpur (Near Meghdubi Agro, opposite of Simba Agro)

Mr. Abul Hasnath (Sagor), owner of Ahlan Agro, started his own venture as a side-project in 2015, while working for an autonomous institution. He is the founder of Zosh Gear, Baggaging and Ahlan. He completed his BBA and MBA from IBA (Jahangirnagar University).

Given his academic and family background, he always had a keen interest in business and this passion has led him to grow Ahlan over the years. Sagor wants to leave an impact with quality products and service in the food industry.

He currently runs multiple businesses under Ahlan Corporation, which includes cattle, selling organic items through his shop, customized bag for B2B customers and perfume business.

  • Established customer base regularly purchasing fresh meat (individuals and businesses)
  • Planned approach with clear selling proposition to return investor funds
  • Good track record of timely repayments

The Contract

Accordion Content

The investment is for a period of 4 months, from beginning of March 2023 to July 2023.

Projected ROI (total): 5%
Projected ROI (annualized): 15%

biniyog.io will NOT charge the investors any fees for its services. 

Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 105k  by first week of July 2023.

  • Investors will go into a Murabaha agreement (sale contract) with Ahlan Agro
  • It will be a “buy-and-sell”process where investors first buy the bulls through biniyog.io, and Ahlan Agro will be buying bulls from investors at a markup price and pay the amount after the Eid-ul Adha 2023.
  • biniyog.io will act as an agent for the investors and buy the products and take necessary ownership and risk of asset possession on their behalf, and then sell to Ahlan Agro
  • biniyog.io has proposed that a markup price of 5% on actual cost will be charged to the business for each bull, and Ahlan Agro has agreed that it’s a fair price for both the business and the investors
  • Investors can expect to get their returns within 10th July 2023

Shariah Compliance

Accordion Content

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 fixed return (Bai Murabaha) agreement.

biniyog.io‘s Shariah advisors have approved the basis and application of this Murabahah contract.

Potential Risks

Accordion Content
  • Death of an asset: Livestocks bear the risk of sudden death. In such cases, business incurs a loss of capital.
    • Ahlan Agro’s strategy: After purchase, the business gets the livestock checked by good vets. Having proper veterinary services available reduces the chance of death of livestocks significantly. Even with a 10% potential loss (e.g., 3 out of 30 bulls), the business can still earn enough profit by selling the rest 90% and will be able to repay investors


  • 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.
    • Ahlan Agro’s strategy: The owner, Mr. Sagor Hasnath, has good experience in this line of business. He has over 3 years of experience of rearing and selling bulls. Therefore, he is able to track and predict the achievable level of growth of bulls that he buys.


  • Sales drop due to the contractionary economy: The overall economy of our country has started to feel the heat of the economic downturn initiated due to the pandemic and Russia-Ukraine war. As a result, consumers are reducing their spending to manage the situation. This can affect the sale of bulls during Eid-Ul-Adha, Ahlan Agro’s revenue will be impacted negatively as most cattle farms get their major chunk of revenues from selling bulls during Eid.
    • Ahlan Agro’s strategy: The business has opened a shop very recently where milk, honey, flour, fresh meat, bull organs, cooking oil, perfume, dates, etc. are sold. This has opened the business to a diversified stream of revenues and also spread operational cost. Moreover, the business is selling meat of in-house slaughtered bulls and the organs online.   

biniyog.io will buy the bulls on behalf of investors first and secure the ownership for some time.
This is a necessary risk to ensure Shariah compliance of the transaction.

In this case, the business wants biniyog.io to buy the cattle from a market outside Dhaka to get better prices. biniyog.io will therefore buy cattle through a trusted agent and hand over ownership of the cattle at a suitable location. So investors will have to bear the risk before handover is complete.

While chances of any damage occurring to the cattle is low during possession, investors will have to keep in mind that responsibility for such damage cannot be borne by the product buyer (Ahlan Agro) during that period of time.

This is a project based investment. Hence, delay is not expected after Eid ul Adha in mid-July 2023.

Ahlan Agro will share a security cheque with biniyog.io, which will be encashed in case of any breach of contract.


This investment opportunity is based on a first come first serve basis. Your investment is secured only after your transfer-proof has been received. If the investment quota is already filled, your transferred amount shall be returned.

Return of your capital is NOT guaranteed. Investment, by default, requires a risk appetite. Past performance is not a guaranteed indicator of future outcomes.

biniyog.io only acts as a consultant to the investor and the business, and does NOT manage funds for any party.

biniyog.io does risk assessment to a certain extent, but will NOT be liable if the business does not perform as per expectation.

For any questions, please use the chat icon on the right or leave a message.

  • 14-02-2023

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 20 lac with a stretch goal of BDT 30 lac.