3 months

Min. Investment

৳ 10,000

Projected ROI

18% per annum

Risk Grade



1 instalment


Golden Touch is a backpack production business that sells in-house made school-college bags, office bags, ladies bags and similar items to different layers of buyers. The business needs funding for fulfilling a work-order of 3,500 bags ordered by a renowned university. Investors can expect to get an ROI of 4.5%* over 3 months. *subject to investment risk (details below)

The business has a good repayment history from their previous campaign with biniyog.io.

Signboard, Dhaka, Bangladesh

Golden Touch [2]

৳ 405,000 Raised
৳ 0 Being Processed
0 Days Left
Goal: ৳ 400,000
The campaign is successful.
By Saif
62 Campaigns | 0 Loved campaigns

The Business

Accordion Content

Written by Golden Touch  – verified by biniyog.io ✅

Golden Touch is a manufacturing business that makes different types of bags. Starting in the year 2018, it has been producing quality bag products like school-college bags, laptop bags, office bags, ladies bags made of leather, polyester fabric and rexine along with jute products. As a result, bags have been supplied to many well-established companies in the country. Golden Touch has been able to retain a fixed number of repeat customers. 

There is a huge demand for these bags every year in the domestic market. Various studies and statistics show that there is a market of about 12 crore bags in Bangladesh every year. There is ample room of opportunities for Golden Touch to expand their business by serving new customers. Therefore, Taking on investments through biniyog.io will enable the business to enhance the production and customer acquisition capacity. 

The business has worked with biniyog.io before (Check the previous campaign). The business has been able to maintain on time repayments.  

Office/Factory Address: New Town Residential Area, Signboard, Demra, Dhaka
Explore: Facebook page

💡 Is the business Shariah-compliant?

  • The business model (manufacturing and selling different types of bag items) 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.

Md. Fazlur Rahman is the owner of Golden Touch .


Mr. Fazlur Rahman holds Bachelors and Masters degrees from Jagannath University. While studying in the university, he faced many economic problems while working with various social organizations. Having worked with various organizations, he felt confident about starting his own business. He has been involved in this line of business from the final year of his university. Moreover, as the son of a  small rice trader, there was a distinct inclination towards business in the family. Mr. Fazlur Rahman  has received training from Jute Diversification & Promotion centre soon after starting Golden Touch.

  • Well-educated founder with direct knowledge of and involvement in the manufacturing process.
  • Well-managed workforce and supply-chain.
  • Good level of networking for procuring work-orders from renowned organizations.
  • Consistent revenue stream with a satisfied client base.

The Contract

Accordion Content

The investment is for a period of 3 months, from the mid of September 2023 to the mid of December 2023.

Projected ROI (annualized): 18% per annum

Projected ROI: 4.5% 

biniyog.io will NOT charge the investors any fees for this service. 

Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 104.5k by December ‘23.

  • Investors will go into a Murabahah agreement (sale contract) with Golden Touch  for purchasing raw materials for making shoulder bags.
  • It will be a “buy-and-sell” process where investors will first buy products through biniyog.io. Golden Touch  will then buy those items from investors on credit and pay the amount over 3 months in a single repayment.
  • 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 Golden Touch .
  • biniyog.io has proposed a price to Golden Touch  for the products after considering a minimum 4.5% profit on actual cost of product procurement. Golden Touch  has agreed to it.
  • Investors can expect to get their returns over 3 months in a single repayment:
    • 100% in December’23

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
  • Delay in payments: As a manufacturer and wholesaler, Golden Touch supplies products to many different parties such as retailers, second-party wholesalers, corporate houses (customized orders), etc. Dealing with such parties often results in credit sales. The collection of receivables can take more time than expected. This results in cash being stuck in a cycle that ultimately hurts the profit margin. If the payment from such parties is delayed by a significant time, the profitability of the business can be hurt badly.
    • Golden Touch’s strategy: The business deals with parties through such agreements so that the payment collection schedules do not go off-track. For example, the business often takes some advance payment from certain parties to mitigate the “cash being stuck in a cycle for too long” issue. Additionally, the business has a good connection with the authority who has issued the current work-order of shoulder bags. The chance of any significant delay in getting the payment from them is low.  
  • Inflation and macroeconomic issues: Investors should already be aware that prices of materials are going up worldwide and coupled with the devaluation of taka, this is making products costlier. This is also impacting the lifestyle and purchasing power of consumers. However, the probability of the demand going down for backpacks and similar items is low. But volatility of the raw materials price can hurt the profit margin of the business significantly.
    • Golden Touch’s strategy: The business has a somewhat stable sourcing channel. Moreover, buying raw materials in bulk will allow the business to enjoy extra discounts that will increase the margin slightly. 
  • Lower profit margin on overall turnover during off-season: The business makes considerably lower profit in the off-season due to the overall sales being slow. Sometimes, there are shortages of customized orders from universities, corporates and other organizations. This leads to a drop in their overall profit margin as the business has to offer competitive price to get hold of bulk orders.   
    • Golden Touch’s strategy: The business has a good rapport build up in different organizations. This lets the business enjoy the opportunity of serving customized bulk orders at lesser competitive rates. The business also delivers quality work to ensure the retention of its current “bulk order” client base.  

  • Possibility of political turmoil following the upcoming election: Our assessment assumes that there will be some macroeconomic turmoil towards the end of 2023 before the general election. This may impact any business.

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, if not hugely impacted by macroeconomic issues.

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

Golden Touch  would have the right to reject the products due to quality etc. The risk is expected to be minimal since Golden Touch  themselves will be choosing the items before biniyog.io buys them.

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

Golden Touch  will share installment cheques with biniyog.io. A personal guarantee security cheque will also be kept from the business owner. Moreover, a guarantor will be introduced in the contract for adding an extra layer of safety 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.

  • 30-08-2023

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 4 lac.