
HalalFund
Crowdfunding platform

The company's activities include the production, manufacture, processing, packaging, distribution, purchase, sale, and wholesale distribution of authorized goods, including various food products, beverages, cosmetics and personal care products, and agricultural products. These activities are carried out within the scope of legal permits and with the aim of meeting market needs. To carry out operations related to pistachio processing, sorting, and supply, and to provide the working capital required for these activities, the company plans to raise 200,000 million rials through the Halal Fund platform. The proceeds will be used to cover ongoing expenses related to these processes and enable activities during the projected operating period. According to the applicant's statements, the company's operating cycle is estimated at 90 days, equivalent to four times per year. Also, based on financial statements from previous years, the company's operating cycle has been approximately 70 days, and the company is required to maintain the stated minimum turnover level. This project has a flexible funding model and will be considered successful if at least 60 percent of the amount requested by the applicant is raised. Project profits (without a profit guarantee) are expected to be paid starting at the end of the third month and every 3 months thereafter; the principal will also be repaid at the end of the twelfth month together with the corresponding profit. The principal is guaranteed by the applicant. The Sepas number of the guarantee issued by Bank Keshavarzi is 2002004694569182, and it is valid until 1405/09/01 and may be extended at the request of Hesab Yari Amin Melal Company. Project symbol: Halalpesteh/ Halalpst
Project symbol: حلالپسته/Halalpst
Company name: Khorshid Forouzan Food Industries