Spot & Margin Trading

MRHB Network (MRHB)

Published on 2022-03-02 06:28

1. Project Introduction

MRHB DeFi is the first halal, decentralized finance (DeFi) platform built to embody the true spirit of ethics and inclusion by following faith-based financial and business principles where all excluded communities can benefit from the full empowerment potential of DeFi, the majority of whom have thus far been excluded due to lack of halal compliance, complexity and product fragmentation in crypto and DeFi offerings.

The first of its kind to address this major gap, MRHB focuses on providing excluded and crypto-cautious communities greater access to the growing opportunities and utilities of the crypto space. While inclusive of all faiths, the project is underpinned by faith-based DeFi offerings which adhere to the ethical investment and financing principles rooted in Islamic Finance. Many values upheld by the halal platform also align with the United Nations Sustainable Development Goals. Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing. These principles have universal appeal far beyond the faith conscious community.

Currently, the Islamic Finance market is around USD 3 trillion in size, growing and serves over 1,000,000,000 people globally. Bringing even a small portion of this liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

2. Token Info