All investors of AL BARKA HOLDINGS were fully acknowledged prior that the company will be generating its major funds by trading in crypto and forex. Due to the sudden instability and volatility situation, entire market got crashed which resulted in facing huge loss for the company. Therefore, it is been mutually decided by the boards of directors of the company to windup AL BARKA HOLDINGS on positive notes through prioritizing the demands of investors and by returning back peoples invested principle amount in order to avoid any loss for investors and to maintain the trust level between investors and the company.
Considering this decision of the company, following are the terms set between investors and investee:
1. Company will declare a time frame for returning the investor’s invested amount and and request to wait patiently until the investor receives it’s amount within the given time frame, God forbid if the company fails to fulfill its promise within the declared time, investors may use their legal rights to claim their amount.
2. Term of deductions:
• After the deduction of 40% from the principle amount, only 60% of the principle amount will be returned to the investors who signed up with the company till 31st December 2021. This deduction is excluding the profit made from company.
• 100% of the principle amount will be returned to the investors who signed up with the company since 1st January 2022. This return of amount is excluding the profit made from company.