| Originator: | Sinadarou Labs Company |
| Issue Date: | August 6, 2019 |
| Type of asset: | earnings from the inhaler spray product line |
| Issue Size: | 1,000,000 Million IRR |
| Exchange: | TSE |
| Structure: | Manfaah |
| Tenor: | 4 years |
| Payment Periods: | Every three months from start date |
| Face value of each paper: | 1,000,000 IRR |
| Sukuk rate: | 19% annually |
| Issuer (SPV): | Esfand III |
| Sale agent: | Ayandeh Negar Kharazmi Brokerage Co. |
| Guarantor: | Kharazmi Investment Co. |
| Agent of payment: | Central Securities Depository of IRAN (CSDI) |