Wearix is a creative and innovative unique sports clothing brand in Bangladesh. They have a unique selling proposition and a good network among the national level sports players in Cricket, Football, Hockey etc.
By leveraging the network, they are acquiring customers both in B2B (event based and shop sales) and B2C (direct sale to customers). The business is only a year old but they are already showing potential to be a good brand.
They are seeking investment to manufacture bulk quantity of t-shirts and sports wear for some events and B2C sales.
Shop/warehouse address: Islamnagar, adjacent to Jahangirnagar University, Savar, Dhaka.
💡 Is the business Shariah-compliant?
- The business model (selling jerseys, t-shirts, jockers, shorts 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.