SECURE YOUR INVESTMENT WITH
COMMUNITY-DRIVEN PROTECTION
Investor Protection Pool, a Shariah-compliant safety net for your investments.
Opt in, contribute a little extra, and get peace of mind.
What is Investor Protection Pool?
The Investor Protection Pool is a mutual support fund designed to protect biniyog.io investors from unexpected losses or repayment delays.
It works according to the spirit of Takaful model — a Shariah-compliant system based on solidarity and donation (tabarru’), where investors contribute a small portion of their investment to help fellow investors when needed.
Have questions? Interested to know more? Explore the FAQ section of this page for details.
WHY INVESTOR PROTECTION POOL
Shariah First
Shariah-compliant and ethically structured.
The entire structure, terms, and operational mechanism have been reviewed and approved by our respected Shariah Advisors.
Community-backed
Based on voluntary donations and contributions.
Members voluntarily contribute a portion of their investments to support fellow investors in case of unforeseen losses or delays in repayments.
Capital Protection
If a member experiences a delay in repayment from an invested project for 6 months beyond the final scheduled date, s/he will be automatically eligible and can unlock up to 60% compensation of the remaining unpaid Principal Amount.
HOW IT WORKS
1
Opt-in for Membership
Join the Investor Protection Pool directly from your biniyog.io app. Only available for registered biniyog.io investors.
2
Automatic Contribution
After you opt-in; each time you invest, a small portion (1%~1.5%) of your investment is automatically donated to the protection fund. You will be able to see the detailed breakdown in the payment summary breakdown section.
3
Mutual Coverage
If an invested campaign fails to repay within six months after the due date, you become automatically eligible to claim compensation from the fund.
4
Applicable Campaigns Only
Coverage applies to campaigns with a duration of six months or longer.
5
Ethically Managed with Care
The fund is managed by biniyog.io under Shariah supervision by IFA Consultancy (biniyog.io’s official Shariah advisory body), ensuring full compliance with Islamic principles.
6
Membership Withdrawal
Members can opt out anytime via the Investor Protection Pool Section in the app. If a member chooses to opt out, no further deductions will be made from their upcoming investments.
WHY IT WORKS
→ Encourages mutual responsibility and community care among investors
→ Offers a safety cushion against project-specific risks
→ Reinforces trust in halal, transparent investing
→ No riba (interest), no gharar (uncertainty), no maysir (gambling) — 100% Shariah-compliant
SHARIAH COMPLIANCE
The Investor Protection Pool is structured in alignment with the core principles of Takaful, which is a Shariah-compliant mutual assistance system based on donation (tabarru’) and solidarity. The pool embodies the Takaful spirit of mutual cooperation and risk-sharing, where members help one another in times of financial distress.
→ It operates as a Waqf-based fund, where members voluntarily contribute a portion of their investments to support fellow investors in case of unforeseen losses or delays in repayments. → Contributions to the fund are made voluntarily by members as tabarru’, not as investments or in exchange for returns, avoiding the element of commercial transaction. Contributions are considered non-refundable donations and not linked to any guaranteed return. → The fund strictly avoids elements of riba (interest), gharar (excessive uncertainty), and maysir (gambling), ensuring full compliance and adherence with core Islamic finance principles.
→ Compensation is given only when certain Shariah-compliant conditions are met and subject to fund availability—there’s no guarantee of payout, which keeps it Shariah-aligned.
→ The entire structure, terms, and operational mechanism have been reviewed and approved by IFA Consultancy, biniyog.io’s Shariah advisory body, confirming its adherence to Islamic guidelines.
→ Unlike conventional insurance, the Protection Pool is not a commercial contract or profit-driven scheme. It’s based on voluntary mutual support, where members contribute to help one another without expectation of return.
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OUR SHARIAH GUIDELINES
IFA Consultancy is a pioneer institution in Bangladesh that provides training and consultancy on Halal & Islamic Finance, aiming towards a Halal & Sustainable Economy. IFAC’s team of experts includes Certified Shari’ah Advisors & Auditors from Bahrain-based AAOIFI, Certified Muftis from recognised Shari’ah institutions, and other globally recognised Shari’ah scholars, Islamic Finance experts and practitioners. AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) is a Bahrain-based international autonomous non-profit body that prepares governance, ethics, and Shari’ah standards for Islamic financial institutions worldwide.
FREQUENTLY ASKED QUESTIONS
Looking for a simpler explanation in Bangla?
We’ve prepared a simplified Bangla version to help you understand this better.
Visit our Bangla page for an easy-to-understand simplified explanation of this investor protection pool.
Activate the Investor Protection Pool
Don't Wait! Opt In Today!
Your Investment Deserves an Extra Layer of Protection. Contribute a little extra, and get peace of mind.
Activate the Investor Protection Pool and contribute to a collective safety net designed to support the investor community guided by Shariah Principles and ethical compliance.
Any confusion? Feel free to contact our support.
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Our halal investments are structured in accordance with the strictest Islamic principles.
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Contact +880 1886 064 046
