MRHB DeFi, the world’s first ethical & halal decentralized finance (DeFi) network, has on 22.2.22 announced the release of Sahal Wallet, a non-custodial cryptocurrency wallet that serves as a gateway to the broader MRHB ecosystem of inclusive and ethical DeFi products. Sahal goes live as one of MRHB DeFi’s most anticipated products in the first quarter of 2022.
“We are very proud to launch Sahal Wallet, the world’s first ethical and halal crypto wallet,” commented MRHB DeFi CEO Naquib Mohammed. “This product will act as a gateway to DeFi for the excluded communities whom we are building a trustworthy and safe space in the cryptoverse which is accessible to everyone.”
Commenting further on the just concluded launch, MRHB DeFi CTO Deniz Dalkilic said,
“Every product we build on the MRHB platform is centered around creating better access to the opportunities in crypto assets. Our wallet is the first to cater to communities that have thus far been excluded due to ethical investing and faith-based financial prohibitions, particularly those regarding interest and debt-based income. We strongly believe that we can contribute to a crypto future where ethics and community come first.”
Sahal Wallet Powers Up The Entire MRHB DeFi Suits Of Halal & Ethical Products
Sahal Wallet is presently fully integrated with MRHB DeFi’s revolutionary SouqNFT Marketplace, an NFT platform designed to be free of unethical and NSFW material. Sahal supports multi-chain tokens, including the project’s own $MRHB token, which debuted back in December 2021. More importantly, the Wallet only offers halal tokens and projects after a thorough internal review.
Other MRHB DeFi products and services in the works include a liquidity harvester, a cross-chain DEX aggregator, decentralized philanthropy (DePhi), interest-free crypto financing, and an entrepreneur launchpad, which are scheduled to launch sequentially in the coming months from Q1 2022 to Q2 2023. This suite of products will also be fully integrated with MRHB DeFi.
MRHB DeFi Offers Halal Crypto Products Based On Ethics and Inclusion.
By being community-centric, the MRHB DeFi platform is designed to reach out to a variety of communities who have previously been excluded from cryptocurrency and DeFi investment owing to a lack of faith in the ethics of the tokens and protocols involved. For example, prior to the creation of the $MRHB token, the Islamic Finance sector, which represents more than US$3 trillion in liquidity, was mostly missing from the cryptocurrency ecosystem.
MRHB also seeks to serve areas that are geographically, socially, or economically isolated. In the next months, the platform will see the debut of a variety of equal access, low-cost DeFi services, and solutions. Many of the values advocated by the halal platform, such as equality of opportunity, are also aligned with the United Nations’ Sustainable Development Goals.
Designed to be user-friendly, the MRHB platform is unarguably an excellent choice for those who have been put off by the complexities of cryptocurrency. It is intended to be straightforward, with choices for the more sophisticated user as well as for those who are new to cryptocurrency.
Recent $MRHB Listing On DEX and CEX
The $MRHB token is presently listed on a decentralized exchange (DEX) and a centralized exchange (CEX). It is available for purchase on PancakeSwap, a popular DEX on the BNB Chain (formerly Binance Smart Chain). According to a recent announcement, Liquidity providers will have access to a pool of 5 million MRHB tokens (LPs).
$MRHB was also listed on the centralized LBank global exchange just a few weeks ago. A number of promotions are underway, including a 60,000 $MRHB airdrop and a trading competition with a prize pool of 210,000 $MRHB. The trading competition also commenced on 22.2.22 in partnership with Sahal Wallet.
BKEX Global, another CEX, has also announced the upcoming listing of the $MRHB token on its site.
To date, a list of key industry heavyweights has rallied behind the vision of MRHB DeFi in a series of partnerships and investment strategies. This includes Sheesha Finance, Australian Gulf Capital, Polygon Technology, NewTribe Capital, Blockchain Australia, Mozaic, Contango Digital Assets, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, Masary Capital, Sukhavati Protocol, and MKD Capital, amongst others.
About MRHB DeFi
MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of “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, and industry professionals, who have all come together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between faith-conscious communities and the blockchain world.
MRHB DeFi Official Channels
Telegram Announcements: https://t.me/marhabadefi_ANN
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Telegram (Persian): https://t.me/mrhbdefi_persian
Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi
SouqNFT Marketplace: https://souq.mrhb.network