6 months

Min. Investment

৳ 10,000

Projected ROI

18% per annum

Risk Grade



Farian Textile Group is a clothing buying house(exporter) and retailing business catering to both domestic and international demands. The business is looking to raise funds to increase stocks for the EId season. 

This is a halal “buy-and-sell” (Bai’ Murabaha) contract, and investors will be able to enjoy an ROI of about 9.0%* for an investment period of 6 months (annualized expected return of 18%).

*subject to investment risk (details below)

Nikunja-2, Khilkhet, Dhaka, Bangladesh

Farian Textile Group

৳ 1,003,514 Raised
৳ 0 Being Processed
0 Days Left
Goal: ৳ 1,000,000
The campaign is successful.
By Nerob
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The Business

Accordion Content

FARIAN TEXTILE GROUP started its journey as Ready Made Garments (RMG) export buying house back in 2003 as a partnership business and in 2006 it was incorporated as a sole proprietorship business. Besides this, the business earned the leverage to acquire the domestic market. And started its own brand name LEGEND DACCA & CO in 2019.  At first it was an online based retail brand and currently the business has established two outlets in Dhaka city. 

Legend Dacca is a unique fashion clothing brand, the business provides all kinds of apparel items for Men’s & Women such as clothing, shoes, & accessories. During this pick season of Eid, the business needs financial support to cater the market demand by increasing its stock. 

Corporate Office: 14, House-48, 1st floor, Nikunja-2, Khilkhet, Dhaka-1229
Uttara Outlet: Plot-1/A, Sonargaon Janapath, Sector-12, Uttara, (Near of Rupayan city)Dhaka 1230, Bangladesh
Dhanmondi Outlet: Shop no-04, Level-3, Road-27, Shaptak Square, Dhanmondi 27, (Near of Rapa plaza) Dhaka-1209, Bangladesh

Farian Textile Group:  Linkedin 

Legend Dacca & Co: Website | Facebook 

💡 Is the business Shariah-compliant?

  • The business model (selling shirts, t-shirts, Panjabi, Cap, Shoes, Wallet winter jackets, 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.

Founder and owner of Farian Textile group Md. Shah Alam Biplob started  working in the garments sector in 1997. Initially, he started as an export buying house in 2003 as a partnership collaboration and in 2006, started his own garments export business (FARIAN TEXTILE GROUP). Later on in the year of 2019, he started a retail venture name LEGEND DACCA & CO.,a fashion retail brand in bangladesh, at first it was an online based business and currently operating through two outlets in Dhaka City. 

Founder & CEO: Linkedin

  • Founder with relevant industry experience
  • Established customer network for wholesale business
  • Established network with several suppliers (garments factories). 

The Contract

Accordion Content

The investment is for a period of 6 months, from April 2024 to the end of September 2024.

Projected ROI (for the duration of the project): 9.00%

Projected ROI (annualized): 18%

Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of about BDT 109k by September 2024.

biniyog.io will be charging investors a 10.00% fee on their profits. 

Example: If an investor invests BDT 100k and makes a profit of 10k in 6 months, biniyog.io will charge 1k as a service fee. This means investors will be keeping 90.00% of the profits generated. The net ROI for the investors will be 9.00% for 6 months (18% annualized) after deducting biniyog.io’s fee.

  • Investors will go into sale agreements(Murabaha) with Farian Textile Group to purchase finished goods from the manufacturer e;g Panjabi, T-shirt, and other clothing items. 
  • It will be a “buy-and-sell” contract, where investors will first ensure manufacturing of products from the factory through biniyog.io. Farian Textile group will then buy those items from investors on credit and pay the amount in pre-agreed installments.
  • 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 Farian Textile Group.
  • biniyog.io has proposed a price to Farian Textile Group for the products after considering 10% profit on actual cost of product procurement. Farian Textile Group has agreed to it. Investors will be getting a net of 9.00% profit after deducting biniyog.io’s service charge on investor profit.
  • Investors can expect to get their returns in 2 installments in 6 months.
    • 40% in July 2024.
    • 60% in September 2024.

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 buy-and-sell (Bai Murabaha) agreement.

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

Potential Risks

Accordion Content
  • Fluctuation of raw materials price: Due to the ongoing inflation, an increase in raw material prices would impact selling prices to all level of buyers and may result in a decrease in the volume of sales.
    • Farian Textile group’s strategy: For foreign buyers, Farian Textile Group operates on a fixed profit margin per product due to having the advantage of fixing the price in advance. Therefore, the business can mitigate this risk to a tolerable point by adjusting the price of products. 
  • Supply chain Disruption: The business collects stocks from different manufacturers and wholesalers. Any kind of disruption in the supply chain can affect the business and its reputation in the long term such as delayed product delivery, lower quality, etc. 
    • Farian Textile Group’s Strategy: The business has been working with an experienced and large network of suppliers for a long period of time which allows them to collect bulk amounts of different products and deliver those swiftly. 
  •  Market and Consumer Risks: Changes in consumer preferences or trends may impact the demand for lifestyle products. There exists intense competition in the lifestyle product industry in both online and offline markets.
    • Farian Textile Group’s Strategy: Farian Textile Group (Legend Dacca & Co.) is currently providing a vast range of products starting from clothing, shoes and accessories also. allowing them to stay ahead in the market due to its product quality and innovative design. Also, owners experience in this industry helps the business to make decisions which helps to stay ahead of the competition. 
  • Payment Delay: Delayed payments can affect the cash flow of Farian Textile Group, and hinder the operational performance of the business.This might ultimately lead to delayed repayments for the investors. 
    • Farian Textile Group’s Strategy:  The business is conducting most of its transactions in partial advance payment for its export wing. And for the retail wing the business prefers cash transactions only. 

The installment structure has been arranged such that the business can run operations smoothly without being burdened by repayments.
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.

biniyog.io will buy the products on behalf of investors first and secure ownership. The products will then be handed over to Farian Textile Group within a very short time frame.

Farian Textile Group would have the right to reject the product due to quality and other order specifications. The risk is expected to be minimal since it would be a factory that they regularly work with for similar orders.

This is a necessary risk to ensure Shariah compliance of the transaction.

Farian Textile Group will share a personal guarantee security cheque with biniyog.io. Moreover, a guarantor will be introduced in the contract to add an extra layer of security for the investors.


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.

  • 18-03-2024

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 10 lac.