MRHB.Network Releases its One-Year Performance Report

mrhb 1 year.jpg

🎉It was an incredible year for halal crypto startup MRHB.Network! Their numerous accomplishments during 2022 are detailed in their one-year performance report.

✅ Oversubscribed IDO - Marhaba DeFi’s token launch raised nearly US$5 million from 1,000 investors.

“ From Day One, our platform put ethics together with a trusted ‘community first’ mission — a concept whose importance was highlighted by the numerous failures and frauds of 2022… We are continuing to build a safe and diverse crypto community that wants to participate in this extraordinary new sector that we hope will drive more creativity, entrepreneurship, investment and commerce opportunities for all involved.” - MRHB CEO & Founder Naquib Mohammed

✅ Three world’s first halal DeFi solutions:
Sahal Wallet, launched in February 2022, is the first self-custodial and chain-agnostic mobile crypto wallet that screens out non-halal tokens. Known as the ‘Easy Wallet’ because of its user-friendly interface, it also acts as a gateway to MRHB’s entire ecosystem of halal DeFi products.

TijarX, the first halal DEX (decentralized exchange) built specifically for tokenized commodities.

Souq NFT, the first halal NFT marketplace and B2B NFT solution. It also hosts image NFTs as well as the world’s first NFT-based halal compliance certificates and supports minting of Soulbound tokens.

✅ Partnerships - MRHB secured over 30 strategic partnerships. A few notable partnerships are with the Organisation of Islamic Cooperation (OIC), Ainslie Bullion, and Polygon Technology.

Khalid H., Chairman, who leads MRHB’s institutional outreach, said “It’s a very challenging business environment but the need for innovative financial channels for greater financial inclusion, freedom and system safety has never been greater. Global market stresses have crushed several very high profile centralized banks and crypto institutions, highlighting a real need for DeFi. The bear market has allowed the dedicated team to focus on building useful products and — despite token pressures — we are seeing greater recognition of the MRHB project’s ethics, quality, transparency and credibility.”

✅Marhaba won a lot of rewards in 2022 and was named the “BEST New Islamic Crypto Platform” 💪