Written by SupplyLine- verified by biniyog.io ✅
SupplyLine offers a one stop solution of retail distribution through its network and enables banks and financial institutions to provide Invoice Financing for Retailers against their purchases through the platform. SupplyLine procures the products from renowned FMCG brands having a distributor licence, and using their distribution channel, they supply the products to retailers. They have an order management tool too, which they analyse to help provide collateral-free financing. They have a unique business model which is backed by Accelerating Asia and Hustle Fund.
Website link: Click here to visit
Media Coverage: View here
Crunchbase link: Click here to visit
Office address: 270, Old Sonali Bank Building, Ibrahimpur Primary School Road, Dhaka – 1216
💡 Is the business Shariah-compliant?
- The business model (selling grocery 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.