Unishopr is a unique platform that allows customers to pre-order products from foreign countries (US, India, Malaysia). They facilitate the purchase on behalf of customers and sells to them after importing.
UniShopr ensures this convenient digital logistics service through a sharing economy and crowd-sourcing model. Cross-border travellers can monetize their unused luggage space which in turn supports the local consumers who wish to shop from international marketplaces. In a broader perspective, this concept aims to ignite a significant growth of the global e-commerce industry.
The platform has been growing fast in both B2B and B2C spaces. Currently they are targeting big ‘Sale campaigns’ (like Black Friday) to generate substantial pre-orders. After getting the pre-orders, they will need financing to actually purchase the products within a very short window. They have already raised financing from biniyog.io once and has repaid two instalments within due time.
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💡 Is the business Shariah-compliant?
- The business model (purchasing and importing from abroad) 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.