Crypto Shuttle News

Tag: MRHB

  • MRHB DeFi Partners With Masary Capital to Launch Halal Retail and Institutional Crypto in the UAE | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Partners With Masary Capital to Launch Halal Retail and Institutional Crypto in the UAE | by Bit Media Buzz | Dec, 2021

    [ad_1]

    Bit Media Buzz

    Dubai, UAE, December 14th, 2021 — MRHB (Marhaba) DeFi, the world’s first halal and ethical Decentralized Finance (DeFi) platform, is proud to announce their partnership with UAE-based crypto pioneer Masary Capital to bring DeFi opportunities to both retail and institutional clients in the United Arab Emirates and beyond, for the first time in the Islamic Finance space — a market estimated at around USD 3 trillion globally.

    The agreement was signed between Masary CEO, Mr. Khalil Abdullah, and MRHB CEO & Founder, Mr. Naquib Mohammed, in Dubai, UAE, a fast emerging global crypto hub for the sector.

    MRHB DeFi will be providing an entire ecosystem of eight innovative and shariah-compliant DeFi products for distribution through Masary Capital’s retail platform that provides easy access to crypto payments, investments, services and global remittance facilities. Together, they will encourage maximum UAE participation in the crypto space for those consumers who are focussed on halal services and opportunities.

    “Our pioneering crypto platform will provide a seamless path for our businesses, institutions and consumers to participate. Our partnership with MRHB DeFi is aimed at giving access to the full potential of DeFi to our Islamic customers,” said Masary Capital CEO, Mr. Khalil Abdullah.

    Masary Islamic is one of the key product suites of Masary Capital that will be “Powered by MRHB”. Under the leadership of Mr. Khalil, Masary Capital aims to unlock transactional efficiencies of blockchain technology to shape a new financial system that is both highly efficient and productive.

    “We are proud that Masary Capital has chosen us to be their preferred DeFi partner,” said MRHB DeFi CEO Naquib Mohammed. “This partnership will drive both retail and crucial institutional growth in the region and support our vision of providing DeFi to over 1 Billion people who find themselves excluded from the cryptosphere due to faith, lack of access and complexity.”



    [ad_2]

    Source link

  • WANTED: ARTISTS & CREATORS for the Souq NFT Marketplace Powered by MRHB DeFi | by Bit Media Buzz | Dec, 2021

    WANTED: ARTISTS & CREATORS for the Souq NFT Marketplace Powered by MRHB DeFi | by Bit Media Buzz | Dec, 2021

    [ad_1]

    Bit Media Buzz

    Be among the first to experience an ethical NFT marketplace with Souq NFT.

    Kyiv, Ukraine, 8 Dec 2021 — MRHB DeFi, the first inclusive and ethical DeFi ecosystem platform is set to launch its NFT marketplace — Souq NFT. For its debut launch, MRHB DeFi is pleased to partner with DEV Challenge Season 18!

    DEV Challenge is a Developer Championship that holds the title for being the largest European IT competition since 2012. As the largest championship created for developers and designers in Ukraine, DEV Challenge has been supporting the technical potential of developers in Ukraine. To date, more than 20,000 developers have participated in this challenge.

    Introducing Souq NFT an NFT marketplace powered by MRHB DeFi

    Souq NFT is a marketplace for digital art and other halal NFT objects. Artists will participate in creating digital artwork for the first halal NFT marketplace in the world, following image, audio and video content guidelines such as: no nudity (ideally no body art at all), no hate speech, no racism and must be an original piece (no rip-offs of existing NFTs).

    Perfect for Artists and Creators

    Artists and Creators are invited to participate in an upcoming NFT competition set within the framework of the DEV Challenge Championship. This challenge is perfect for you if:

    In order to properly guide and assist you during the competitive process, the organizers are implementing an online workshop, where you will be guided through the platform and taught how to correctly upload your artwork to the NFT Marketplace.

    A tutorial guide to creators (digital artists, 2D, 3D designers, etc.) on how to mint your NFTs on the Souq NFT Marketplace will also be provided, where you will be assisted in setting up your accounts through which you can receive funds from NFT sales.

    Please register for the Workshop.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    Source



    [ad_2]

    Source link

  • MRHB DeFi Expands Asia Presence with Strategic Investment from Sinofy Group | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Expands Asia Presence with Strategic Investment from Sinofy Group | by Bit Media Buzz | Dec, 2021

    [ad_1]

    Bit Media Buzz

    Melbourne, Australia, December 2nd, 2021 — The world’s first inclusive and ethical DeFi ecosystem platform MRHB DeFi has received a strategic investment from Sinofy Group, a tech consulting management firm headquartered in Shanghai. Sinofy supports revolutionary tech companies to help them gain prominence in the world’s most digitally connected regions — China and Southeast Asia.

    A Partnership that goes beyond financial investment

    The investment includes a strategic partnership which sees MRHB DeFi join hands with Sinofy to fulfil the former’s vision of bringing an ethical, community-first focus to the world of decentralized finance. Sinofy Co-founder and angel investor Amirsan Roberto has taken the partnership a step further and joined the halal DeFi ecosystem startup as the Head of Investments and Partnerships.

    “Joining as Head of investments and Partnerships is a reflection of my commitment to and conviction in Marhaba’s vision,” explains Amirsan Roberto. “This is the first step we are taking in establishing our group venture fund and we are honored to have MRHB DeFi as our first institutional investment.”

    “We welcome Amir and Sinofy Group as part of the Marhaba family of partners and investors,” says Naquib Mohammed, CEO and founder of MRHB DeFi. “Since our early beginnings, Sinofy has actively supported our marketing efforts and aligning Marhaba with Sinofy’s deep regional expertise will bring us more visibility across Asia and beyond.”

    A Technical and Intellectual Collaboration

    Indeed the partnership will also see the parties collaborating on Sinofy East European Division’s upcoming We_Challenge 2021 Hackathon in Ukraine. With a gathering of 1,500 participants, 50 global media partners, 20 IT communities and 10 strategic partners, the hackathon is gearing up to be one of the most anticipated developer conventions in the region.

    MRHB DeFi will be coming on as an Official Sponsor at the event, with CTO Deniz Daikilic providing a keynote address as well as engaging in a panel discussion that includes CEO Naquib Mohammed and Head of Investments & Partnerships Amirsan Roberto.

    The Focus on Community and Ethics

    MRHB DeFi recently closed its Pre-Public Sale 2, an open, community-focussed offering to provide pre-IDO access and pricing to its loyal community members. The rousing success of the sale is further validation of the massive interest for DeFi services rooted in ethics and inclusion.

    MRHB DeFi was founded with a vision of providing excluded and crypto-cautious communities greater access to the growing opportunities and utilities of the cryptoverse. The project is underpinned by offering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many values upheld by the halal platform also align with the United Nations Sustainable Development Goals. Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing. These principles have universal appeal far beyond the faith conscious community.

    With the Islamic Finance market sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    Sinofy Group has now joined the host of strategic investors in MRHB DeFi who are on board to bring DeFi innovation to the Islamic finance industry. To date, investors include Sheesha Finance, Blockchain Australia, Mozaic, Contango Digital Assets, NewTribe Capital, Acreditus Partners, EMGS Group, MKD Capital and a grant from Polygon Technology.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    About Sinofy Group

    Sinofy Group is an end-to-end tech consulting management firm headquartered in Shanghai, offering a range of services across blockchain, fintech, cybersecurity, robotics, medtech, gaming, AI/ML and AR/VR industries.

    The company deals with customized solutions built to “Sinofy, Fund, and Empower” tech companies in the world`s most digitally connected region — China and Southeast Asia. To date, they have worked with innovative tech brands seeking to expand their digital reach and penetrate into new markets. Their vast global network brings a world-class blend of expertise and support.



    [ad_2]

    Source link

  • MRHB DeFi backed by Polygon Technology to build new Decentralised Philanthropy Protocol DePhi in World’s 1st Halal Ecosystem | by Bit Media Buzz | Nov, 2021

    MRHB DeFi backed by Polygon Technology to build new Decentralised Philanthropy Protocol DePhi in World’s 1st Halal Ecosystem | by Bit Media Buzz | Nov, 2021

    [ad_1]

    Bit Media Buzz

    Melbourne, Australia, November 19, 2021 — Ethereum’s biggest DeFi chain Polygon and ethical DeFi platform MRHB DeFi are leading the charge on the next big thing in DeFi — decentralized philanthropy — or DePhi for short which is estimated at over USD 300 billion each year in Muslim countries alone with around USD 1.5 trillion in assets held by around 160,000 foundations globally.

    “Polygon has become one of the leading full-stack scaling solutions for Ethereum, given its speed and scalability,” says Deniz Dalkilic, MRHB DeFi CTO. “As Marhaba strives to achieve its end goal of building a comprehensive, secure and scalable ecosystem where liquidity is a priority, we are thrilled to announce our integration with Polygon. To expand our presence on Polygon we have received a grant from Polygon to optimise our solutions for their network.”

    The Polygon team has been enthusiastic in its support of the ethics-based startup, recognizing that MRHB DeFi is the first Islamic finance d’App. Polygon has agreed to support MRHB DeFi’s plan to develop a sidechain solution that opens up DeFi to millions globally. The two parties have recently signed an agreement which puts into writing their aim to bring philanthropy to the crypto space, stating that:

    Quadratic funding is a technique that applies mathematics to ensure the optimal funding — more democratic, more scalable — of community and social, charitable initiatives.

    Bringing Philanthropy — a Key Pillar of the Islamic Faith — to DeFi

    DePhi forms a key part of MRHB DeFi’s strategic plans for its protocol. As part of MRHB’s approach to supporting a more ethical and community focused approach to decentralized finance, DePhi seeks to bring a key pillar of the Islamic faith — charity or zakat — to what is still a sector driven by self-interest. Once the DePhi protocol is implemented, MRHB DeFi users will have the option to send a portion of their crypto asset wealth to charities which would be linked to the platform, thus fulfilling their voluntary or faith-driven obligations.

    End users who wish to donate will be able to deposit funds and generate rewards via trading fees on liquidity pools created by MRHB DeFi. After depositing the donation, assets would be locked for 60 days before being distributed to one of pre-approved charities nominated by the donor.

    In addition, MRHB DeFi will set aside five percent of its DAO treasury to be invested in these pools as a form of crypto endowment, as such, this will generate wealth in perpetuity for charitable causes.

    CTO Dalkilic adds: “Decentralized philanthropy represents a significant step forward in sharing the benefits of DeFi globally and allowing for community- and public good- focused initiatives to be supported from the cryptoverse. Polygon is one of the most respected projects in the crypto space, and we’re excited to align our vision of using DeFi for good causes, with theirs.

    “Being the first d’App on Islamic finance, we have received strong support from the Polygon team to bring the project to the community. Polygon is the latest in a long line of partnerships we are fostering and developing as we work to grow our vision of an ethics-first platform and project. ”

    MRHB DeFi recently partnered with Ethereum scaling and privacy engine zkSync, a leading ZK-Rollup solution for Ethereum. It has also received strategic investments and backing from Blockchain Australia, Mozaic, Contango Digital Assets, NewTribe Capital, Sheesha Finance, Acreditus Partners, EMGS Group, MKD Capital and Sinofy Group.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralised finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team is comprised of researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    About Polygon

    Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

    If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

    Website | Twitter | Ecosystem Twitter | Developer Twitter | Enterprise Twitter | Studios Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn



    [ad_2]

    Source link

  • Catch MRHB DeFi Charmain at the 15th Islamic Financial Services Board (IFSB) Summit | by Bit Media Buzz | Nov, 2021

    Catch MRHB DeFi Charmain at the 15th Islamic Financial Services Board (IFSB) Summit | by Bit Media Buzz | Nov, 2021

    [ad_1]

    Bit Media Buzz

    November 8, 2021, Monday — Coming up this Wednesday, November 10, 2021 is the 15th Islamic Financial Services Board (IFSB) Summit where leading members in the Islamic Financial Services Industry (IFSI) will be in attendance to converse and assess new and disruptive trends and advancements in digital finance and fintech across the IFSI world.

    Event Details

    Date | Wednesday, 10 November 2021

    14:45–16:00 KSA (Kingdom of Saudi Arabia)

    Session Chair: Mr. Ayman

    Sejiny, Chief Executive Officer, Islamic Corporation for the Development of the

    Private Sector (ICD)

    Session Line-up:

    Prof. Dr. Mohamad Akram

    Laldin, Executive Director, International Shari’ah Research Academy for Islamic

    Finance (ISRA).

    Mr. Khalid Jamal Al Kayed,

    Chief Executive Officer, Bank Nizwa

    Mr. Zeiad Idris, Chief

    Executive Officer, Algrba

    Mr. Khalid Howladar, Head

    (Credit & Sukuk Advisory), RJ Fleming & Co

    The Islamic Financial Services Board is a discussionary forum dedicated to meeting and talking about the Islamic Financial Services Industry (IFSI) where leaders in the field can propose ways to grow the market, argue strategies and give one another’s expertise and experience.

    The general topic of the IFSB Summit will be crypto-investments, digital assets and halal crypto. Representing MRHB DeFi at the summit is Khalid Howlader, Chairman of MRHB’s Governance Board, where he will meet with policymakers, financial industry leaders, experts, and many other stakeholders in Islamic Finance. Khalid Howlader, is also the Senior Managing Director and Head of Credit & Sukuk for R.J. Fleming & Co. for institutional and sovereign clients. With his global perspectives, he is a recognised authority in his field and has addressed investors worldwide as well as audiences at the World Bank, IMF, ECB and IIF.

    The main purpose of the event is to spread awareness about recent changes in the IFSI world, bringing to the forefront of Islamic Finance topics like regulatory frameworks and effective jurisdiction along with trade-offs and questions regarding ethics and innovation.

    About MRHB DeFi

    MRHB (pronounced ‘Marhaba’) DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

    Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

    The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here.

    MRHB DeFi Official Channels:

    MRHB DeFi Website: https://marhabadefi.com/

    MRHB DeFi Twitter: https://twitter.com/marhabadefi

    MRHB DeFi Telegram: https://t.me/mdf_official



    [ad_2]

    Source link

  • Halal MRHB DeFi integrates zkSync’s ZK-RollUp solution for Ethereum | by Bit Media Buzz | Oct, 2021

    Halal MRHB DeFi integrates zkSync’s ZK-RollUp solution for Ethereum | by Bit Media Buzz | Oct, 2021

    [ad_1]

    Bit Media Buzz

    Dubai, U.A.E., October 28, 2021 — MRHB DeFi the world’s first inclusive and ethical DeFi platform is integrating the Ethereum scaling solution zkSync, developed by software experts Matter Labs.

    The move will mean that the MRHB DeFi ecosystem will benefit from the low fee transactions zkSync enables, while developers will be able to utilize zkSync technology on the platform’s architecture to improve efficiency, speed, scalability, security and privacy.

    ZK RollUp solves Ethereum Scalability with Zero Security Compromises

    zkSync is an innovative technology that is already live on the Ethereum mainnet. It allows for extremely low transaction fees, relies on a trustless protocol, and keeps funds cryptographically secure. Transactions use zero-knowledge proofs and on-chain data availability to keep users’ funds safe, with computation and storage being performed off-chain.

    “At Marhaba, we strongly believe zkSync will lead the way as a ZK-RollUp solution for Ethereum,” said Deniz Dalkilic, CTO of MRHB DeFi. “Given its ability of 100% Solidity compatibility, fast finality with low fees while having the ability to secure unlimited amounts of TVL($), it makes it the perfect L2 solution for DeFi.”

    Built on ZK Rollup architecture, zkSync ensures that it strictly inherits the security guarantees of the underlying L1. Unlike sidechains, Rollup validator(s) can never be corrupted. Smart-contract friendly, exchange friendly, the technology allows for contract-interoperability and atomic swaps on different exchange protocols and even includes native support for NFTs.

    MRHB CTO Dalkilic highlighted that Vitalik Buterin has declared that “in the medium to long term, ZK rollups will win out in all use cases as ZK-SNARK technology improves.”

    The technology is already in use by a wide range of leading blockchain projects, including Curve, Argent, and Balancer, and was supported in its ecosystem funding round by leading names in the blockchain space, including Binance, Huobi, Coinbase and many more.

    An Ethical and Inclusive DeFi Vision

    MRHB DeFi was founded with a vision of providing greater access to the growing opportunities and utilities of the cryptoverse for excluded and cautious communities, and has a particular focus on delivering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many of which align with the United Nations Sustainable Development Goals. Such business practices include those that avoid interest, usury, social exploitation and other acts deemed unethical as well as support sustainability, asset/utility backed financing, transparency and equitable risk/reward sharing.

    With the Islamic Finance industry sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    MRHB DeFi has also received strategic investments from Blockchain Australia, Mozaic, Contango Digital Assets, NewTribe Capital, Sheesha Finance, Acreditus Partners and EMGS Group.

    About MRHB DeFi

    MRHB (pronounced ‘Marhaba’) DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

    Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

    The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/mdf_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    About zkSync

    zkSync is taking a cryptography-first approach to scaling blockchains and spearheading the scaling revolution by offering the cheapest token transfers on Ethereum. Next, they are launching general programmability, EVM-Compatibility, and off-chain data availability for a seamless developer and user experience, for the lowest transaction fees.

    Website: http://zksync.io

    Medium: https://medium.com/matter-labs

    Twitter: https://twitter.com/zksync

    Telegram: https://t.me/zksync_community

    Discord: https://discord.com/invite/px2aR7w



    [ad_2]

    Source link

  • MRHB DeFi Gets Support Down Under from Blockchain Australia | by Bit Media Buzz | Oct, 2021

    MRHB DeFi Gets Support Down Under from Blockchain Australia | by Bit Media Buzz | Oct, 2021

    [ad_1]

    Bit Media Buzz

    Melbourne, Australia, Oct 21st, 2021 — In a move set to broaden the appeal of decentralized Islamic Finance down under, ethical and faith-based MRHB DeFi has been backed by Australian Institutions such as Blockchain Australia.

    Blockchain Australia is a Melbourne-based technology products and services company that provides industry and company-specific blockchain solutions for startups and entrepreneurs, investors, corporate teams, and venture capitalists and at the same time encourages new ideas by incubating them with the required guidance and mentorship.

    The blockchain firm made strategic investments in MRHB DeFi, a halal ecosystem DeFi platform built on Islamic principles of fairness and benevolence. It aims to bring an ethical, community-first focus to the world of decentralized finance, which has grown in popularity and size from a market with a total value locked of USD1 billion less than a year and a half ago, to USD220 billion today.

    “I would like to thank Blockchain Australia for their support,” said MRHB DeFi CEO Naquib Mohammed. “It is crucial for us to work with organisations that are in a position to help shape the way blockchain and decentralized finance can develop in Australia. I look forward to working with Blockchain Australia to forward our shared goals, and deliver an ethics-focused brand of blockchain to Australia and beyond.”

    Ralph Kalsi, CEO and Founder of Blockchain Australia, expressed solidarity with the vision of the ecosystem startup: “We believe in Marhaba’s vision, which is a unique offering encompassing Islamic trading principles with smart contract-based transparency and open not only to the Islamic community but to the entire world — a laudable ethical cause that has motivated us in Blockchain Australia to back the initiative and help ensure its success.”

    Ethical, Inclusive and Transparent DeFi Ecosystem

    MRHB DeFi was founded with a vision of providing greater access to excluded and cautious communities to the growing opportunities and utilities of the cryptoverse, and has a particular focus on delivering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many of which align with the United Nations Sustainable Development Goals. Such business practices include those that avoid interest, usury, social exploitation and other acts deemed unethical as well as support sustainability, asset/utility backed financing, transparency and equitable risk/reward sharing.

    With the Islamic Finance industry sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    Besides Blockchain Australia, MRHB DeFi has also received strategic investments from Mozaic, Contango Digital Assets, Influx Group, NewTribe Capital, Sheesha Finance, Acreditus Partners and EMGS Group.

    About MRHB DeFi

    MRHB (pronounced ‘Marhaba’) DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

    Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

    The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR



    [ad_2]

    Source link

  • MRHB DeFi Receives Strategic Investment from Mozaic, New World Group’s Technology Investment Arm | by Bit Media Buzz | Oct, 2021

    MRHB DeFi Receives Strategic Investment from Mozaic, New World Group’s Technology Investment Arm | by Bit Media Buzz | Oct, 2021

    [ad_1]

    Bit Media Buzz

    Mozaic focuses on investing in innovative tech companies seeking to re-invent their industry ecosystems — across emerging, growth and mature markets.

    London, United Kingdom — Oct 14th, 2021 — Community-focused DeFi platform MRHB DeFi has received a strategic investment from London-based investment platform Mozaic to support its transformative vision of bringing the value of the cryptoverse to financially excluded communities around the world. Mozaic is part of New World Group — a global diversified investment company with more than USD 2.5 Billion of group assets-under-management.

    The UK presents a key opportunity to nurture a financially inclusive cryptoverse and this investment is aimed at expanding the reach of MRHB DeFi beyond its core Asia and Middle East base to support the engagement of new UK users and communities who are seeking a more ethical and or faith-based approach to crypto market participation.

    “With a current market capitalisation of USD 2 trillion and growing — the crypto asset space represents an exciting growth opportunity for us and MRHB DeFi’s focus on ethical and inclusive finance resonates strongly with Mozaic’s investment thesis,” says New World Group Partner Sonny Gupta.

    “The strength and commitment of the MRHB team made them natural partners for our inaugural investment into the decentralised finance sector,” he adds.

    “Mozaic’s investment focus on robust and scalable technology businesses with a mindset of long-term value creation, made them natural partners for us as we build the world’s first ethical DeFi platform” says MRHB DeFi CEO Naquib Mohammed.

    “The UK represents a key strategic investor community for MRHB DeFi — and one which we hope to engage better with high quality institutional partners,” he also notes.

    MRHB DeFi was founded with a vision of providing greater access to excluded and cautious communities to the growing opportunities and utilities of the cryptoverse, and has a particular focus on delivering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many of which align with the United Nations Sustainable Development Goals. Such business practices include those that avoid interest, usury, social exploitation and other acts deemed unethical as well as support sustainability, asset/utility backed financing, transparency and equitable risk/reward sharing.

    With the Islamic Finance industry sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    The investment from Mozaic follows investments from Contango Digital Assets, NewTribe Capital, Sheesha Finance, Acreditus Partners and other institutional investors.

    About MRHB DeFi

    MRHB DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

    Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

    The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/mdf_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    About New World Group & Mozaic

    New World Group is a global diversified investment company with offices in London and Kuala Lumpur. The firm builds, acquires, invests, and scales businesses focusing on long-term growth. New World Group adds value to its partners and portfolio companies through origination and execution to value realisation.

    New World Group and its businesses, including Mozaic, take a global perspective across sectors in which they act as investors, operators and business builders with offices and partners across the world’s most exciting, high growth markets. The company has made 15+ investments to-date and manages more than USD 2.5 billion across 25 countries.

    Learn more about New World Group by visiting its official website.



    [ad_2]

    Source link

  • MRHB DeFi’s Khalid Howlader Leads Discussion on Inclusion at Turin Islamic Economic Forum (TIEF) | by Bit Media Buzz | Oct, 2021

    MRHB DeFi’s Khalid Howlader Leads Discussion on Inclusion at Turin Islamic Economic Forum (TIEF) | by Bit Media Buzz | Oct, 2021

    [ad_1]

    Bit Media Buzz

    If you are interested in developments in fintech, cryptocurrency and decentralized finance, the Chairman of MRHB DeFi Khalid Howlader, is set to appear on a panel at the upcoming Turin Islamic Economic Forum (TIEF), this Wednesday in Turin, Italy.

    According to the “State of the Global Islamic Economy Report” (Thomson Reuters, 2020/2021), with governments and banks encouraging Islamic finance and improving financial inclusion, both Muslim-majority and minority countries have started to recognize the untapped potential of the Islamic Finance sector. Islamic Finance is continuing to expand and the report states that it could become an important part of the future of developed nations’ ability to attract fresh capital for investment in infrastructure, new technologies, renewable energy, real estate and strategic resources.

    You can find out more about the event here: https://www.tief.it/?lang=en

    Khalid Howladar, is Chairman of MRHB DeFi, the world’s first ethical and faith-based decentralized finance platform.

    He is also Senior MD and Head of Credit & Sukuk for R.J. Fleming & Co. and was previously Global Head of Islamic Finance and Head of the GCC banking team at Moody’s Investors Service, London and Dubai. He has addressed audiences worldwide including at the World Bank, IMF, ECB and IIF.



    [ad_2]

    Source link

  • Pre-Public Sale: MRHB DeFi Offers Pre-IDO Prices to its Community Members | by Bit Media Buzz | Oct, 2021

    Pre-Public Sale: MRHB DeFi Offers Pre-IDO Prices to its Community Members | by Bit Media Buzz | Oct, 2021

    [ad_1]

    Bit Media Buzz

    Dubai, U.A.E, Oct 7th, 2021 — Socially conscious and ethical DeFi ecosystem MRHB DeFi is democratizing access to its private sale by allowing its public community members to partake in the pre-public sale rounds. Usually reserved only for the larger and institutional investors, the earlier stage private sale rounds offer early access, with investors able to enjoy privileged pricing.

    MRHB’s community has reached 20,000 members in less than four months and to better reward their early supporters, MRHB has eliminated the large minimum participation amount required, in effect, leveling the playing field for smaller investors by offering access at pre-IDO prices. MRHB has officially announced that registration for the Pre-Public Sale Round 1 starts today, 7th October at 1PM UTC.

    “In line with our ethos of inclusion, MHRB DeFi is pleased to offer this unique opportunity to our loyal community who has supported us from the beginning,” says MRHB DeFi CEO Naquib Mohammed. “Our inclusive and ethical philosophies promote equitable sharing of opportunities. This applies to our token launch as well as our products, so we stay true to our vision of empowering communities.”

    Strategic Investments and Strong Support from Partnerships

    Having onboarded institutional investors such as Mozaic of New World Group, Sheesha Finance, Contango Digital Assets and NewTribe Capital, to name a few, the DeFi ecosystem startup has received strategic investments which also comprise partnership support in various areas including advisory, marketing, networking, amongst others.

    MRHB is currently developing eight different Shariah-compliant DeFi products, with the first being its Souq NFT, an NFT creation platform and marketplace which supports multi-chain solutions.



    [ad_2]

    Source link