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Marhaba DeFi is the first of its kind which is addressing a major gap in the crypto world.
Marhaba is building an ethical ecosystem to provide an all-in-one solution with a range of DeFi products. While inclusive of all faiths - Marhaba is focussed on the Islamic Finance liquidity pool which is currently over $3 trillion in size, growing, and serves over 1,000,000,000 people globally. The majority of whom are excluded from Cryptocurrencies and DeFi markets due to lack of Sharia compliance, complexity, and product fragmentation.
Marhaba's product suite is compilation of years of research to lucrative opportunities to its user base while address pain points for newbies.
• A multi-chain non-custodial wallet, that would be holding only shariah-compliant tokens, with a whole range of features. Sahal Wallet will serve as the gateway to the entire ecosystem system as Marhaba grows and makes strides towards its full potential.
• Cross-Chain DeX Aggregator
• Souq NFT Marketplace; Sharia compliant cross-chain NFT marketplace that is geared towards SFW art with innovative solutions to check uniqueness of NFT.
• Liquidity Harvester; product to allow its user base to generate passive income via liquidity mining and compounding rewards across multiple chains and protocol which are deemed as Sharia compliant according to Marhabas SGB. All earnings are without interest.
• Interest-Free Lending & Borrowing solution; collateralised crypto loans
• DAO; Governance and voting for protocol level ch ages vi MRHB voting
• A world’s first auditable- ZKP based “Decentralized Philanthropy” (De-Phi) protocol to facilitate charity and zakat in crypto
• Launchpad and Incubator; a launchpad prioritising the less fortunate to conceptualise and raise funds for their ethical ventures 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 in order to claim monetary benefit. By locking $MRHB for a period of time, users will unlock certain utilities, one of which is the right (and 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 and traded via smart contracts, allowing for these assets to be fully integrated into the wider Web3 and DeFi markets. Notably, all commodities tokens to be listed on the exchange will be halal.
These products reflect only the beginning of our inclusive and ethical ecosystem vision, and Marhaba would be gradually scaling up to integrate Traditional Finance and Takaful products in our roadmap
Project Summary:
1. MarhabaDeFi is the world’s first ethical/halal DeFi ecosystem, with a first-mover advantage + a strong team of 25. IDO/IEO due December 7th.
2. $3 trillion of measured Islamic halal liquidity available vs $0 halal DeFi.
3. Marhaba DeFi targets the 1 billion+ faith-based individual, many of who are based in Europe but avoid the crypto and DeFi due to uncertainty for ethical reasons.
4. MarhabaDeFi is in very early talks with Islamic financial institutions to seek regulated access to tap into $100bn of institutional liquidity in initial core/target markets.
5. MarhabaDeFi has so far raised $2.25mm with more funds being raised through VCs currently. MarhabaDeFi has 19,000+ members across our TG groups + more than 200+ media publications.
6. All team and advisors are on long 24 month vesting schedules.
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The live MRHB DeFi Network price today is $0.004933 USD with a 24-hour trading volume of $613.12 USD. We update our MRHB to USD price in real-time. MRHB DeFi Network is up 1.12% in the last 24 hours. The current CoinMarketCap ranking is #6806, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 MRHB coins.