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About MRHB DeFi Network
- Marhaba DeFi is the first of its kind, addressing a major gap in the crypto world.
- Target market: $3 trillion Islamic Finance liquidity pool, serving over 1 billion people globally.
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Product suite:
- Sahal Wallet: multi-chain non-custodial wallet with Shariah-compliant tokens.
- Cross-Chain DeX Aggregator.
- Souq NFT Marketplace: Shariah-compliant cross-chain NFT marketplace.
- Liquidity Harvester: generates passive income via liquidity mining and compounding rewards.
- Interest-Free Lending & Borrowing solution.
- DAO:
Introducing the MRHB DeFi Network: A Pioneering Ecosystem
Marhaba DeFi pioneers a groundbreaking initiative, bridging a significant chasm in the cryptocurrency landscape.
Marhaba is forging an ethical ecosystem, offering a comprehensive suite of DeFi products. While welcoming individuals of all faiths, Marhaba is particularly focused on the Islamic Finance liquidity pool, a vast and growing market valued at over $3 trillion, serving a global community of over 1 billion people. Unfortunately, the majority of this demographic remains excluded from the benefits of Cryptocurrencies and DeFi markets, hindered by the lack of Sharia compliance, complexity, and product fragmentation.
Marhaba’s product suite is the culmination of years of research, designed to present lucrative opportunities to its user base while addressing pain points for newcomers. • A multi-chain non-custodial wallet, holding exclusively Shariah-compliant tokens, boasting a comprehensive range of features. Sahal Wallet will serve as the gateway to the entire ecosystem as Marhaba grows and makes strides towards its full potential. • Cross-Chain DeX Aggregator • Souq NFT Marketplace; a Sharia-compliant, cross-chain NFT marketplace geared towards SFW art, featuring innovative solutions to verify the uniqueness of NFTs. • Liquidity Harvester; a product enabling users to generate passive income via liquidity mining and compounding rewards across multiple chains and protocols deemed Sharia-compliant according to Marhaba’s SGB. All earnings are interest-free. • Interest-Free Lending & Borrowing solution; collateralized crypto loans • DAO; Governance and voting for protocol-level changes via MRHB voting • A world’s first auditable-ZKP-based “Decentralized Philanthropy” (De-Phi) protocol, facilitating charity and zakat in crypto • Launchpad and Incubator; a launchpad prioritizing the less fortunate, enabling them to conceptualize and raise funds for their ethical ventures, complete with built-in whale and bot protection • MIRO is the world’s first comprehensive halal staking mechanism. Coming Soon section top image Shariah Aspect MIRO staking is based on the Islamic concept of Ju’alah, whereby users are required to complete a task to claim monetary benefits. By locking $MRHB for a period, users will unlock certain utilities, including the right (but not the obligation) to participate in governance in exchange for rewards. The application of this concept is what makes MIRO a halal staking platform •TijarX is a blockchain-powered exchange that brings precious metals and other physical commodities on-chain via tokenization, traded via smart contracts, allowing for these assets to be fully integrated into the wider Web3 and DeFi markets. Notably, all commodity tokens listed on the exchange will be halal.
These inaugural products embody the genesis of our inclusive and ethical ecosystem vision, with Marhaba poised to incrementally expand its scope to seamlessly integrate Traditional Finance and Takaful products into its roadmap.
Project Summary: MarhabaDeFi pioneers the world’s inaugural ethical/halal DeFi ecosystem, boasting a first-mover advantage and a robust team of 25 experts. The IDO/IEO is slated for December 7th. Notably, a staggering $3 trillion of measured Islamic halal liquidity remains untapped, presenting a vast opportunity in the DeFi space. By targeting the 1 billion+ faith-based individuals, many of whom are based in Europe but have been hesitant to engage with crypto and DeFi due to ethical concerns, MarhabaDeFi is poised to capitalize on this underserved market. The project is currently in preliminary discussions with Islamic financial institutions to secure regulated access to an initial $100 billion of institutional liquidity in core markets. To date, MarhabaDeFi has secured $2.25 million in funding, with ongoing efforts to raise additional capital through venture capital investments. The project has garnered significant attention, with over 19,000 members across its Telegram groups and features in more than 200 media publications. Furthermore, all team members and advisors are committed to long-term vesting schedules, spanning 24 months.