Islamic Co-Op Strategy
- An organization that operates based on Islamic principles, emphasizing collective ownership, ethical business practices, and community engagement.
- 1. Ethical Framework: Islamic cooperatives adhere to Islamic ethics and principles, such as justice, transparency, and accountability. They strive to conduct their business activities in a manner that aligns with Islamic teachings and values.
- • 2. Sharia Compliance: Islamic cooperatives ensure that their operations comply with Sharia principles, which include avoiding interest (riba), promoting fair trade, avoiding unethical practices, and upholding social and economic justice.
Principals & Values
1. Non-interest -based investment for all the projects (Capital raised through membership).
2. The Co-Op business strategy & operations will be according to Islamic Shariah and ensuring rights of the
members of the Co-Op.
3. Produce, process, packaged and distribute 100% halal food products according to traditional Islamic Fiqh.
Class of C0-Op Membership
• General Members:
– Members of this class will buy common shares and run the Co-Op.( min 20 to Max 50 Shares.)
• Business Members:
– Members will sell and promote the Co-Op products and services. (min 20 to Max 100 Shares)
• Consumer Members:
– Members of this class will purchase goods &
services for personal consumption. (min 1 to Max
19 Shares)
General Member
Rights
• Voting rights in the cooperative’s decision-making processes, such as electing the board of directors and approving key policies.
• Right to attend general meetings and voice opinions or concerns regarding the cooperative’s activities
• Right to access information about the cooperative’s financial performance, activities, and plans.
Benefits
• Profit-sharing: General members may receive dividends or profit shares based on their participation and the cooperative’s financial performance.
• Access to cooperative services and facilities at preferential rates or discounted prices.
• Educational and training opportunities to enhance their knowledge and skills related to cooperative activities.
• Networking and collaboration opportunities with other members and industry professionals.
Business Member
Rights
• Voting rights in the cooperative’ s decision-making processes, such as electing the board of directors and approving key policies.
• Right to attend general meetings and voice opinions or concerns regarding the cooperative’ s activities
• Right to access information about the cooperative’ s financial performance, activities, and plans.
Benefits
• Profit-sharing: General members may receive dividends or profit shares based on their participation and the cooperative’s financial performance.
• Access to cooperative services and facilities at preferential rates or discounted prices.
• Educational and training opportunities to enhance their knowledge and skills related to cooperative activities.
• Networking and collaboration opportunities with other members and industry professionals.
Consumer Member
Rights
• Access to quality halal products or services provided by the cooperative.
• Right to provide feedback and suggestions regarding product offerings, quality, or service improvements.
• Right to participate in promotional activities or loyalty programs offered by the cooperative.
Benefits
• Access to a reliable source of halal products that adhere to Islamic principles and standards.
• Discounts or preferential pricing on cooperative products or services.
• Assurance of product authenticity and halal certification.
• Education and awareness programs about halal practices arid dietary guidelines.
• Enjoy the periodic dividends of the cooperative declared by Co-Op Management
Organizational Structure
- The Board of Directors:
- Founder members/Elected members, Islamic
Scholar, Business Members
- Founder members/Elected members, Islamic
- Executive/ Steering Committee:
- Project Manager, CEO/President, Task Force
Manager
- Project Manager, CEO/President, Task Force
- Operational Team:
- Field operation team in plant, Marketing, sells &
distribution.
- Field operation team in plant, Marketing, sells &
- * Subjects to business operation requirements
Project - 1: Tayyiban Halal Slaughtering House -- Phase-1
Executive Summery:
The Halal Meat Slaughtering House and Meat Processing Business is a startup venture in Canada aimed at
meeting the growing demand for Halal meat products. Our mission is to provide high-quality Halal meat to the Muslim community while adhering to strict Halal practices and maintaining the highest standards of hygiene, animal welfare, and customer satisfaction. With a focus on modern slaughtering and processing techniques, we aim to become a trusted provider of Halal meat in the region.
Our key objectives include:
• Establishing a state-of-the-art Halal slaughtering facility and meat processing plant
• Sourcing animals from reputable and certified suppliers
• Ensuring compliance with Halal certification requirements
• Offering a diverse range of Halal meat products to cater to various consumer needs
Tayyiban Halal Meat Plant:
The First Project will be Ontario licensed Halal meat slaughtering house
situated at 8794 Indian Line, Hagersville, ON N0A 1H0. Where we will be capable to
-Slaughter and process animal, birds for sell
among the Muslim community
-Fee-based meat processing service to other meat business owners.
Total plant and property details with value
Plant & Property, ($)
Land (20.53 acres)
Building ( Including 4 Bedroom Residential House)
Dirt work, roads, connections
Refrigeration
Hide building
Commercial septic tank & drain field
Concrete slab for compost
Animal receiving pens/concrete
Total 2.1 Mil
Disclaimer: The costs represented in Table conceptual only based on company experience with similar-sized operations.
Budget of the Projects and fund collection
- Project Purchase Cost: 2.1 Mil
- Total value including closing cost
- Repairs and Plant Capacity Extension (Phase 1): 0.5 Mil
- Urban designing and approval from city county
- Civil construction
- Additional machinery and equipment
- Store front retail outlet
- Working Capital & Contingency: 0.4 Mil
- Livestock purchase
- Employee Salary
- Utilities Etc.
Products & Services:
Our business will focus on two main areas: Halal slaughtering and meat processing.
1. Halal Slaughtering:
• We will provide Halal slaughtering services for
cattle, sheep, goats, and poultry.
• Adhering to Islamic dietary laws, our
slaughtering process will involve humane
handling, quick and effective stunning
methods, and precise halal cutting
techniques.
• Our facility will have designated areas for
animal holding, stunning, and slaughtering,
ensuring a safe and hygienic environment.
2. Meat Processing:
• We will offer a range of Halal meat products,
including fresh cuts, ground meat, marinated
meat, and value-added products.
• Our processing facility will follow strict quality
control measures to ensure the freshness,
taste, and safety of our products.
• We will utilize modern processing techniques,
including packaging, labeling, and freezing, to
extend the shelf life of our products while
maintaining their quality.
Market Analysis:
The Halal meat market in Canada has been growing steadily, driven by an increasing Muslim population, dietary preferences, and a demand for ethically sourced and high-quality Halal meat products. There is a need for a dedicated Halal slaughtering house and meat processing facility to cater to this market segment.
Our target market includes:
• – Muslim consumers who prefer Halal-certified meat products for their dietary requirements
• – Restaurants, hotels, and catering services that require a reliable supply of Halal meat
• – Retailers and grocery stores specializing in Halal food products
Marketing & Sells Strategy:
To effectively reach our target market and build a strong brand presence, we will
implement the following marketing and sales strategies:
– Developing a compelling brand identity that emphasizes our commitment to Halal practices, quality, and customer satisfaction
– Establishing partnerships with local Halal certification bodies and obtaining relevant certifications
– Conducting targeted marketing campaigns through various channels, including digital marketing, print media, and participation in industry events and trade shows
– Building relationships with key stakeholders in the Halal meat industry, including suppliers, retailers, and community organizations
– Offering competitive pricing, promotions, and discounts to attract and retain customers
Call: +1 877 578 8079
Email: info@tayyiban.ca
E-Transfer: tayyibancoop@gmail.com
Cheque: Tayyiban Co-Operative Ltd.(004-17912-5030270)
TD Bank Branch 17912 Account 5030270
Details & Forms Visit: www.tayyiban.ca
