Harvest Time
10 months
Date Molasses Export
ROI
5.00% - 8.00%
Cost Per Unit
৳10,000.00 BDT
Invest End Date
31 Oct, 2025
Project Overview
1)Since this is a Murabaha contract involving buying, selling, or exporting abroad, investors do not have the option for emergency exits. We purchase the products and export them abroad, thus we cannot return your investment before the project closure.
2) Duration of Investment
The total investment amount will be - 47,73,700
This investment will be for 4 Months.
3) Projected ROI(Return of Investment)
The return on investment (ROI) will be 35% annually. In four (4) months, the investor will receive a halal dividend of 11.67% (excluding service charges).
4) Investment Part
Here, the minimum investment would be 25,000 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every four months.
For example, if someone invests 100,000 TK (one lakh taka), they will receive 135,000 TK, excluding service charges (100,000 TK as the investment part and 35,000 TK as the profit part in a year).
5) Loss Sharing
Grow Up is a Shariah-compliant project, and according to the Murabaha Principle, investors bear no responsibility for any business losses after transferring the liability to the Grow Up authority. Any losses incurred after handing over the product to the agent/merchant are not shared with the investors. Therefore, there will be no loss sharing from the business after the handover of the product to the merchant.
6) Service Charge
Grow Up will apply a 5% service charge on investors' profit. It should be noted that all of the mentioned ROI above are provided after excluding this service charge.
7) Contract Conditions
- Investors will engage in a Murabaha Agreement with Grow Up Authority for buying, selling, or exporting abroad.
- The process will involve buying and selling or exporting abroad, where investors will initially purchase products through Grow Up and subsequently export or sell them through Grow Up as well.
- Grow Up will act as an agent for the investors, purchasing the products on their behalf, assuming necessary ownership and asset possession risks, and then selling or exporting them abroad.
8) Risk Factor
According to our calculations, although the risk factor stands at 3%, the GrowUp highly Expert team is confident in their ability to mitigate and manage these risks effectively, as outlined previously.
9) Payment Delay
Grow Up has conducted an in-house analysis of the projected returns of the business and expects to be able to repay on time, barring any unforeseen risk factors.
10) Security
Grow Up provides the following documents to investors:
- Contract Deed (300 tk Stamp)
- Security cheque
- Money Receipt
- Guarantor
- Copy of Authorized deed
Project About
Date molasses, a thick syrup made from the extraction of the juice of dates, is a traditional sweetener rich in flavors and nutrients. With its origins in Middle Eastern cuisine, date molasses is now gaining international attention as a natural sweetener and health food. Known for its versatility, it can be used in various culinary applications, making it a valuable export product for countries that cultivate dates, especially those in the Arabian Peninsula, North Africa, and parts of South Asia.
Importance of Date Molasses
Rich in vitamins and minerals, date molasses offers numerous health benefits. It is high in antioxidants, potassium, magnesium, and iron, making it a wholesome alternative to refined sugars. The product is also known for its natural sweetness, distinctive flavor, and thick consistency, making it a favored ingredient in baking, cooking, and as a topping.
Date molasses serves as a natural sweetener in many dishes, including desserts, marinades, dressings, and even as a replacement for sugar in beverages. Additionally, the rising interest in healthier eating habits among consumers has boosted the demand for natural sweeteners, positioning date molasses as a popular choice.
Production Process
The production of date molasses begins with the careful harvesting of dates, which are typically picked when they are fully ripe. The extraction process involves removing the pits and crushing the dates to obtain their juice. This juice is then cooked down to create a thick syrup, which is filtered to ensure purity and consistency. The final product retains the natural flavor and nutritional value of dates, making it an attractive option for health-conscious consumers.
When exporting date molasses, producers must adhere to international quality standards. This includes proper processing methods and packaging to maintain the product’s shelf-life and flavor integrity. Understanding food safety regulations and providing necessary certifications are crucial steps for producers looking to enter global markets.
Global Markets and Export Opportunities
The global market for date molasses is growing, primarily driven by increasing consumer interest in organic and natural products. Key markets include the United States, Europe, and Southeast Asia, where demand for health products is on the rise. Countries with strong date cultivation, such as Tunisia, Saudi Arabia, Egypt, and the United Arab Emirates, are well-positioned to capitalize on this trend.
To effectively capture these markets, date molasses producers should focus on marketing strategies that highlight the product's health benefits, versatility, and unique flavors. Emphasizing organic or sustainable practices can also appeal to the conscious consumer.
Establishing relationships with distributors and retailers in target markets can enhance export opportunities. Participating in trade shows and health food exhibitions can provide a platform for producers to showcase their products, gain visibility, and connect with potential buyers.
Conclusion
In conclusion, date molasses represents a valuable and nutritious product that caters to the growing demand for natural sweeteners in the global market. With the right production practices, marketing strategies, and compliance with international standards, producers can successfully export date molasses and meet the needs of health-conscious consumers worldwide.
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