8 months (4 installments)

Min. Investment

৳ 10,000

Projected ROI

16% per annum

Risk Grade



BSFFP Ltd. (Bangladesh Seasonal Fruits & Food Processing Limited) has been producing fruit drinks for the past 2 years, focusing on Mango flavor. Before that, they had around 14 years of business experience under a different company name. They are looking to raise funds to buy raw materials for production, especially targeting Ramadan and summer season. This is a halal “buy-and-sell” campaign, and investors will be able to enjoy an ROI of around 10.5%* for an investment period of 8 months (approximately 16% per annum).

*Subject to investment risk (details below)

Mohammadpur, Dhaka, Bangladesh

JUICEE Fruit Drinks

৳ 1,455,000 Raised
৳ 0 Being Processed
0 Days Left
Goal: ৳ 1,500,000
The campaign is successful.
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The Business

Accordion Content

Bangladesh Seasonal Fruits & Food Processing Limited (BSFFP Ltd.) has been operational for 2 years, with an aim to deliver natural, organic, preservative-free and safe products to consumers. They sell some of their products under the name Protina HM Food, and their products are backed by Protina Research Foundation. They have BCSIR certification and can avail the facilities in their premises to produce natural fruit drink. Due to strict lockdowns during 2020 and 2021, the business was heavily impacted and activities were hampered significantly. 

Currently, their focus is on mango fruit drink production under the trade name JUICEE Fruit Drinks. They have an MoU to produce 20,000 litres per day with a factory in Savar, and another agreement to use the facilities of BCSIR. They are in the process of receiving purchase orders from several sources, and are looking to raise financing to cater to those orders.

The requirement is immediate as they are targeting to distribute before the start of Ramadan.

Address:  11/9, Iqbal Road,  Mohammadpur, Dhaka 1207

The CEO of the company, Masuda Islam, is a veteran in her field with more than 20 years of experience in working with 50+ types of fruit processing and fruit drinks. She has received several national awards and recognitions (YouTube) for her work regarding fruit processing and research. She is highly passionate about her work, advocating against the use of chemicals and non-natural substances in food. Her aim is to deliver safe and natural products to Bangladeshi consumers.

  • Business run by knowledgeable and passionate woman entrepreneur with a rich experience and network in this field
  • Quality of production ensured and regularly tested at BCSIR 
  • High demand of fruits drinks in Bangladesh, around BDT 800 crore annually and growing at 8-10% per year

The Contract

Accordion Content

The investment is for a period of 8 months, from April 2022 to Dec 2022

Projected ROI (for the duration of the project): 10.67%
Projected ROI (annualized): 16%

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 approximately a total of BDT 110.6k within December 2022 in installments. 

  • Investors will go into a Murabaha agreement (sale contract) with BSFFP Ltd
  • It will be a buy-and-sell contract, where BSFFP Ltd will be buying raw materials (sugar, pulp, beta carotene etc.) from investors at a markup price and pay the amount in pre-agreed installments.
  • 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 BSFFP Ltd
  • biniyog.io has proposed that a markup price of 10.67% on actual cost will be charged to the business for the raw materials, and BSFFP Ltd has agreed that it’s a fair price for both the business and the investors
  • Investors can expect to get their returns in 4 installments:
    •  20% in first 3 installments (first week of June, August, October 2022)
    • Remaining 40% in the first week of December 2022

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

Business Assessment: The market for raw materials (special sugar for fruit drink production, pulp, beta carotene etc) has been volatile for some time. Previously, the prices remained stable and the profit margin could be estimated accurately. Currently, with inflating prices, the profit margins are thinning, and businesses may need to increase the price of fruit drinks in order to remain sustainable. 

biniyog.io has analysed the rising prices and found that in the worst case scenario, there is a 7% chance of the business making a loss with the current selling price. However, that is unlikely too, as the selling price should also increase.

The CEO is an experienced and knowledgeable person, but her age is a risk to the business. There is no clear direction whether the business will be able to sustain itself if the CEO faces any health issues.

Having said that, biniyog.io has found her to be a highly energetic and passionate leader.

Also, it’s a limited company so, legally speaking, the liability to return investors’ money would still remain with the company.

If Covid situation deteriorates and lockdowns are imposed, the business may face delays in payment.  

To mitigate payment delay, the business has asked for an incentive in the form of a discount on early repayment, which can only come in effect if the investors agree.

Following example is an illustration:

If the business repays within 6 months, the markup profit can be 8.5%, if it repays within 4 months, it can be 6%.

In any case, this would be a term that benefits both parties – the business has to pay back less and investors get their money back faster at a higher annual rate of return (e.g. 6% in 4 months means 18% per annum)

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

However, in most cases, the responsibility of transportation will be taken by the wholesaler (i.e., from whom biniyog.io will buy) or the factory (where the fruit drink will be produced), hence the risk is partly mitigated.

Investors will have to keep in mind that if any damage still occurs during transportation, investors will have to take responsibility for such damage.

BSFFP Ltd. will share a post-dated cheque with biniyog.io, which will be kept as a security 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.

  • 22-03-2022

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 15 lac with a stretch goal of BDT 25 lac.
  • 27-03-2022

    Campaign deadline extended

    The business is in urgent need of funds and has requested that the campaign be extended till 2nd April, 2022.
  • 04-04-2022

    Final Stretch

    The campaign will be closed on 6th April, 2022.