Due Diligence Q&A

Real Questions. Honest Answers.

These are the actual due-diligence questions asked by prospective owners, answered directly by Aliyah Rizq Holdings. No sugar-coating.

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The questions below were submitted by prospective participants during their due-diligence process. The answers are from Aliyah Rizq Holdings directly. We believe every serious prospect deserves straight answers before making a 36-month commitment.
What programme documents will I receive?

The programme is governed by three core documents:

1. Sheep Purchase Agreement (SPA), the contractual evidence of your livestock ownership.

2. Letter of Appointment / Service Agreement (LOA), the Wakalah arrangement appointing Aliyah Rizq as your farm management agent.

3. EOI & PDPA Consent Form, Expression of Interest and data-protection consent.

All documents, appendices, and terms are provided for your review before you sign. You are encouraged to have them reviewed by your own legal adviser at your own cost, we welcome this approach for any significant commitment.

How is the S$15,000 Apprentice package broken down?

The OwnerSheep Programme is a livestock ownership and breeding programme, not an ownership scheme. Accordingly, Aliyah Rizq does not use "investment amount" to describe the programme fee.

For the 4-sheep Apprentice package, the breakdown is:

Sheep purchase: S$4,500
36-month Wakalah management / service fee: S$10,500
Total: S$15,000

This breakdown is reflected in both the contractual documentation and the official invoice. The management fee covers agreed livestock care, breeding, and farm-management services throughout the tenure.

What exactly is guaranteed versus projected?

This is an important distinction, and one we answer directly.

Contractually committed: The stated flock number at maturity is a contractual commitment, subject to the applicable contractual provisions. Where a shortfall occurs within the Service Provider's responsibility, an applicable top-up mechanism applies.

Not guaranteed: The S$280–S$320 per sheep sale value is not guaranteed. It is an indicative market reference subject to prevailing market conditions at the time of sale. Actual proceeds depend on livestock market prices at maturity.

We believe it is important that every participant understands this distinction before committing.

What are the breeding projections based on?

Projections are based on sheep breeding cycles and the potential for single, twin, triplet, and in some cases quadruplet births. The higher-tier projections incorporate multiple-birth assumptions based on historical data collected from the farm.

These are projections built on real farm data, not theoretical models. However, they are projections, not guarantees. Actual breeding outcomes depend on the health, fertility, and natural cycles of your specific flock.

Can I see historical performance data from past cohorts?

Aliyah Rizq can share available participant testimonials and relevant programme experiences upon request. Individual participant reports and records cannot be disclosed due to PDPA obligations.

Where existing owners have consented to be contacted as references, arrangements can be made to facilitate a direct conversation. Testimonials from owners including Sabariah, Salleh, and others are available, contact us via WhatsApp to request these.

How are my sheep individually identified and recorded?

The Sheep Purchase Agreement (SPA) is the contractual evidence of ownership, supported by the relevant ownership documentation. Livestock are managed through the farm's flock and data-management system.

Given the scale of commercial livestock operations, animals are not maintained in individually segregated pens for each owner and may be reallocated as part of normal farm management. Your ownership is recorded contractually and tracked at the flock level through the farm management system.

This is standard practice for commercial livestock programmes. Your rights are protected by the SPA, not by physical pen segregation.

What happens if a sheep dies, gets sick, or is injured?

Routine illness, injury, and livestock management are handled by the farm as part of the Wakalah service. This is included in the management fee.

Where replacement is applicable under the programme terms, this is managed by the Service Provider. The farm's livestock data-management system tracks the flock continuously.

Participants receive bi-annual reporting after the first year to provide greater visibility into flock health and status. The natural breeding cycle over 36 months also means that new additions to the flock typically offset individual mortality over time.

Can I exit early? What if Aliyah Rizq cannot continue operating?

The programme is structured for the full 36-month tenure. Early termination is subject to the contractual provisions, including an applicable calculation of any refund or adjustment. A nominal administrative fee may also apply depending on the circumstances.

The contracting entity is Aliyah Rizq Holdings Pte. Ltd. (Singapore), notwithstanding farm operations being conducted in Malaysia. Singapore law governs the agreements, with the agreed dispute-resolution mechanism applying. This means your rights as an owner are enforceable under Singapore law.

We encourage prospective owners to read and understand the contractual provisions on early termination before committing.

How is the sale price at the end of 36 months determined?

The S$280–S$320 figure is an indicative market reference, not a guaranteed sale price. Actual proceeds depend on prevailing livestock market conditions at the time of maturity.

Aliyah Rizq facilitates the sale of the flock through their halal livestock supply chain across Southeast Asia at the end of the cycle. Where a participant does not provide alternative instructions within the stipulated timeframe, the Service Provider may facilitate the sale in accordance with the LOA.

The programme returns presented are based on the stated programme economics with no further deductions at maturity beyond those already accounted for in the programme structure.

Are the projected returns net of all fees and deductions?

Yes. The programme returns presented are based on the stated programme economics with no further deductions at maturity. The Wakalah management fee (S$10,500 for the Apprentice package) is paid upfront as part of the programme fee, it is not deducted again at the end of the cycle.

The proceeds you receive at maturity represent your share of the flock sale value with no additional hidden costs.

Can I see Aliyah Rizq's financial statements?

Aliyah Rizq Holdings Pte. Ltd. is a privately held company and does not publicly distribute internal financial statements or management accounts to prospective participants.

Prospective owners are welcome to obtain independent legal or regulatory advice from their own appointed advisers. We believe this is a prudent and reasonable approach for any significant three-year commitment, and we actively encourage it.

What is the legal and regulatory structure?

The programme has been structured as a direct livestock ownership and management arrangement, rather than a conventional financial product or pooled vehicle. The contractual documents have undergone legal review.

Key facts:

Contracting entity: Aliyah Rizq Holdings Pte. Ltd. (Singapore registered)
Governing law: Singapore law
Dispute resolution: As per the agreed mechanism in the contractual documents
MAS regulation: Not applicable, this is physical livestock ownership, not a capital markets product. Participants own physical animals, not fund units.

The programme is not a collective investment scheme, financial product, or capital markets service. If you require an independent legal or regulatory opinion for your own peace of mind, you are free to obtain one from your own advisers, we welcome this level of scrutiny.

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Ask us directly. There are no commitment obligations from asking, just send us a WhatsApp and our team will answer honestly.

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