Singapore, Oct 12th, 2021 — While normally specially reserved for big-time institutional investors, MRHB DeFi is opening up its private sale to its public members. Now anyone of its 20,000 (and more) members can register for its Pre-Public Sale Round 1 and gain privileged pricing and early access.
“In line with our ethos of inclusion, MRHB DeFi is pleased to offer this unique opportunity to our loyal community who has supported us from the beginning,” said Naquib Mohammed, MRHB DeFi’s CEO
He also added on that MRHB’s vision for a more inclusive and ethical defi will continue to inform and influence the project in all future and current operations, for example the token launch.
The New Halal DeFi Ecosystem
MRHB was built with the mission of bringing trust and ethnics into decentralized finance, to help open up the Cryptoverse to communities and groups that had not been originally included in its rise. To provide halal financial services in the space, that follow Islamic principles on ethical financial practice and avoid usury, exploitation and interest.
With several institutional investors like NewTribe Capital, Contango Digital Assets, Sheesha Finance and Mozaic of New World Group, to name a few, backing MRHB, it is already onto a better start than most DeFi startups. These partnerships and strategic investments give support and access in many fields, including networking, advisory and marketing.
As part of its mission to mass-adopt crypto among those still unfamiliar with crypto, it has recently been working on 8 different Shariah-compliant DeFi products, with its first one being Souq NFT, an NFT market and creation platform that supports multi-chain solutions. Following Souq NFT’s launch would be the Sahal Wallet, a non-custodial, multi-asset, wallet that makes it convenient to invest in halal crypto assets with in-built shariah-screening.
Considering the general craze and buzz surrounding NFTs, along with Islamic Finance’s over US$3 trillion liquidity cap, should Souq NFT prove itself, it likely would help grow MRHB’s footprint in the non-cryptosphere. The combined forces of Islamic Finance and the NFT-craze could potentially grow the global DeFi market beyond its already staggering US$150 billion.
About MRHB DeFi
MRHB DeFi is a halal, 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. Everyone can then 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 Shariah into those tenets of blockchain to render a suite of offerings.
The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, shariah, 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