MRHB Awarded ‘Best New Islamic Crypto Platform’, Incubated

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MELBOURNE, Aus­tralia, Jan. 31, 2023 (GLOBE NEWSWIRE) — MRHB, the world’s first halal decen­tral­ized finance (DeFi) ecosys­tem, has recent­ly bagged two awards from Sin­ga­pore-based World Busi­ness Out­look. This suc­cess comes on the back of win­ning a 2022 Glob­al Brand Award from UK-based Glob­al Brands Mag­a­zine ear­li­er in the year. In addi­tion, the project was also select­ed last month by the Islam­ic Coop­er­a­tion Youth Forum (ICYF) incu­ba­tor, Inter­na­tion­al Incu­ba­tion Cen­ter (IIC), an ini­tia­tive sup­port­ed by the Invest­ment Office of the Pres­i­den­cy of the Repub­lic of Türkiye and Bil­işim Vadisi Tech­nol­o­gy Devel­op­ment Zone of the Repub­lic of Türkiye.

MRHB_Awards_ICYF_Incubation

“This is a great way to start off 2023,” said MRHB CEO and founder Naquib Mohammed. “We are very grate­ful that our quest to build a halal Web3 econ­o­my plat­form has been rec­og­nized by inter­na­tion­al award pan­els and also deeply hon­ored that we have been hand­picked by the ICYF for their pres­ti­gious incu­ba­tion pro­gram. We want to thank our val­ued com­mu­ni­ty for their con­tin­ued sup­port through­out 2022 and will use this momen­tum of wins to fur­ther pro­pel our ongo­ing jour­ney to becom­ing the bench­mark eth­i­cal DeFi solu­tion!

“We are pleased to wel­come MRHB to our ICYF incu­ba­tor and excit­ed for the oppor­tu­ni­ty to help them expand halal web3 & decen­tral­ized finance for Mus­lim com­mu­ni­ties every­where,” said ICYF Young Busi­ness Hub CEO Sami Ser­dar. “As an orga­ni­za­tion focused on help­ing young com­pa­nies sus­tain­ably devel­op Islam­ic com­mu­ni­ties and economies across the OIC region, ICYF is high­ly sup­port­ive of projects like MRHB that have demon­strat­ed a strong com­mit­ment to their ambi­tious roadmap and loy­al com­mu­ni­ty of sup­port­ers.

On 26–28 Jan­u­ary, led by the Inter­na­tion­al Incu­ba­tion Cen­ter, MRHB par­tic­i­pat­ed at the Mobile­fest Com­mu­ni­ca­tion Tech­nolo­gies Fair & Con­fer­ence, the biggest and most influ­en­tial ICT event in Eura­sia, along­side oth­er IIC tech star­tups DERIVATIVE, Robo­Labs, Fato­ra and Workiom.

Hat Trick Award Wins for MRHB DeFi

MRHB DeFi won two World Busi­ness Out­look Award titles in the Aus­tralia cat­e­go­ry as the “Most Eth­i­cal DeFi Net­work Aus­tralia 2022” and the “Best New Islam­ic Cryp­to Plat­form Aus­tralia 2022”. The Glob­al Brand Award that MRHB DeFi took home ear­li­er this year was for the “Best New Islam­ic Cryp­to Plat­form’ in the Crypto/FOREX category.

World Busi­ness Out­look is a pub­li­ca­tion that focus­es on glob­al busi­ness updates. Their annu­al ‘World Busi­ness Awards’ are con­duct­ed on a nation­al and inter­na­tion­al lev­el to rec­og­nize orga­ni­za­tions that demon­strate core val­ues of busi­ness inno­va­tion, sus­tain­abil­i­ty and cus­tomer sat­is­fac­tion, among oth­er cri­te­ria. The eval­u­a­tion process for the rewards focus­es on indus­try lead­er­ship and val­ue or net worth, as well as indus­try tal­ents, strate­gies for suc­cess and poten­tial in the inter­na­tion­al land­scape. Notably, MRHB DeFi was one of only two Aus­tralian com­pa­nies to receive the awards.

More than 18,000 com­pa­nies from 130 coun­tries were eval­u­at­ed for the 2022 Glob­al Brand Awards, which are rec­og­nized inter­na­tion­al­ly as bench­marks iden­ti­fy­ing top glob­al brands. Glob­al Brands Mag­a­zine is a UK-based pub­li­ca­tion that pro­vides news and infor­ma­tion about the best-in-class brands around the world. The com­pa­ny grants the annu­al awards to com­pa­nies that stand out as hav­ing a unique vision, excep­tion­al ser­vice, inno­v­a­tive solu­tions and con­sumer-cen­tric prod­ucts.

“The awards this year were quite elab­o­rate with more than 18,000 com­pa­nies being eval­u­at­ed across var­i­ous cat­e­gories and cri­te­ria. The com­bined brand val­ue of these com­pa­nies was more than 5 tril­lion pounds,” said Jay Red­dy, Head of Brand­ing at Glob­al Brands Mag­a­zine. “The com­pa­nies place the great­est val­ue on build­ing long-term brand val­ue through long-term cus­tomer satisfaction.”

Expand­ing Oppor­tu­ni­ties Across the Glob­al Halal Ecosystem

MRHB.Network has been select­ed to par­tic­i­pate in the Islam­ic Coop­er­a­tion Youth Forum (ICYF) incu­ba­tion pro­gram at the Inter­na­tion­al Incu­ba­tion Cen­ter (IIC) and will receive a six-month start­up sup­port in the Turk­ish metrop­o­lis, Istan­bul. Notably, this ini­tia­tive is backed by the Pres­i­den­cy of the Repub­lic of Türkiye Invest­ment Office and Bil­işim Vadisi Tech­nol­o­gy Devel­op­ment Zone of Türkiye.

As such, MRHB will be able to uti­lize the IIC’s tech­no­log­i­cal infra­struc­ture and lab­o­ra­to­ries through the incu­ba­tor, and have access to its wide glob­al net­work, also ben­e­fit­ing from a num­ber of ser­vices that the incu­ba­tor offers, includ­ing investor and part­ner­ship meet­ings, net­work­ing oppor­tu­ni­ties, invest­ment sum­mits, and glob­al fund­ing and indus­try access.

Launched in 2004 after the For­eign Min­is­ters of the Orga­ni­za­tion of Islam­ic Coop­er­a­tion (OIC) adopt­ed a res­o­lu­tion at the June 14–16 sum­mit, ICYF is an inter­na­tion­al, non-com­mer­cial, non-par­ti­san orga­ni­za­tion and its IIC pro­gram focus­es on incu­bat­ing star­tups build­ing in the OIC, which con­sists of an alliance of 57 coun­tries in which Islam plays a sig­nif­i­cant role. Cur­rent mem­ber coun­tries are locat­ed pri­mar­i­ly in North Africa, the Near East, and South Asia, with a pop­u­la­tion of over 1.95 bil­lion. This cor­re­sponds to about 24.7 per­cent of the world’s population. 

Togeth­er with the OIC youth wing, MRHB will be estab­lish­ing the Blockchain Cen­tre of Excel­lence in Istan­bul, and focus­ing on upskilling and boost­ing young Turks and youths of the OIC Mem­ber coun­tries on the prospects and future of dis­trib­uted ledger tech­nolo­gies (DLTs).

The IIC incu­ba­tor is a crit­i­cal oppor­tu­ni­ty for us to con­nect even more deeply with the halal busi­ness ecosys­tem, as well as the wider glob­al faith-based com­mu­ni­ty of almost 2 bil­lion peo­ple,” said Khalid Howladar, MRHB Advi­so­ry Board Chair­man. “Web3 is being adopt­ed rapid­ly in the West and in many parts of Asia. Par­tic­i­pa­tion in this incu­ba­tor rep­re­sents a means for us to help spread the adop­tion of blockchain tech­nol­o­gy in the OIC.”

MRHB’s Ongo­ing Jour­ney to Sup­port Finan­cial Inclu­sion and Ethics

MRHB DeFi launched their $MRHB token in Decem­ber 2021 in an over­sub­scribed IDO that raised over US$4.5 mil­lion. The token went on to be fea­tured as a “killer cryp­to” by Nas­daq and Investor­Place in ear­ly 2022.

The com­pa­ny oper­ates the MRHB.network suite of halal DeFi prod­ucts and ser­vices acces­si­ble through the Sahal Wal­let, its d’App por­tal. Exist­ing prod­ucts on their plat­form include the SouqN­FT Mar­ket­place, where, in addi­tion to halal art NFTs, SouqN­FT also hosts the first halal com­pli­ance cer­tifi­cates in NFT form. TijarX, their com­modi­ties DEX that cur­rent­ly fea­tures tok­enized gold and sil­ver offer­ings, with oth­er com­modi­ties in the works, has been fea­tured in both Coin­tele­graph and Forbes.

A num­ber of launch­es are planned for 2023, includ­ing the first halal liq­uid­i­ty har­vester (Empli­fAI) and its native stak­ing solu­tion (MIRO), as well as decen­tral­ized phil­an­thropy (DePhi), an entre­pre­neur launch­pad, inter­est-free financ­ing and decen­tral­ized autonomous governance.

Win from a Prize Pool of US$10,000 Worth of Tok­enized Gold Plus a Lucky Draw

MRHB’s com­mu­ni­ty of over 70 thou­sand sup­port­ers now have a chance to win Gold Stan­dard ($AUS) — tok­enized gold — as part of a pro­mo­tion­al TijarX Gold Rush con­test tak­ing place from Jan­u­ary 16 – 31, end­ing on Jan 31st 23:59 GMT.

Any­one who pur­chas­es at least US$100 worth of AUS on MRHB’s com­mod­i­ty DEX TijarX dur­ing the con­test peri­od has a chance to win the top prizes of $5,000, $3,000 and $1,000 worth of AUS as well as one of 10 AUS lucky draws worth US$100 each.

As the com­pe­ti­tion ranks win­ners accord­ing to net buys and not trad­ing vol­umes, even late­com­ers to the con­test stand as good a chance as ear­ly entrants to bag the top prizes!

More details can be found here: https://www.mrhb.network/blog/tijarx-gold-rush

TijarX Gold Rush reg­is­tra­tion link: https://docs.google.com/forms/d/e/1FAIpQLScvDuST9_2MA5cZZ5e4y_8e4ytAEiW6TjpRiwf8BW2sAkjHDQ/viewform?pli=1

A step-by-step guide on how to buy gold (or sil­ver) on TijarX:
https://www.mrhb.network/blog/how-to-buy-gold-tijarx

About MRHB.Network
MRHB.Network 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 impacts soci­ety as a whole, essen­tial­ly bridg­ing the gap between faith-con­scious com­mu­ni­ties and the blockchain world.

MRHB DeFi Net­work Offi­cial Chan­nels
Web­site: https://mrhb.network
Twit­ter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announce­ments: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/c/MarhabaDeFi
Medi­um: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Dis­cord: https://discord.com/invite/DubSjKmkBX
Face­book: https://www.facebook.com/MRHBDeFi
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

Media Con­tact
cecilia@marhabadefi.com
dean@yourPRstrategist.com

A pho­to accom­pa­ny­ing this announce­ment is avail­able at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee23f880-5237–4009-9437–52437a595099



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