Marhaba: The First Decentralized Sharia Compliant Crypto

Marhaba ICO Launched for Global, Shariah Compliant, Decentralized Finance Platform

7 min readMar 27, 2022

Introducing About Marhaba the Universal Islamic Finance Platform

Marhaba — Essential features of Marhaba are derived from Shariah compliant principles, Islamic Finance is a call for ultimate intention. It seeks to establish an economic system based upon the consideration of the needs of others, fairness, justice and mercy, and profits are reinvested into productive businesses that will increase the wealth among the less fortunate members of society.

Marhaba aims to engage with the community, including financial investors and technology providers by providing clear guidance with regards to permissible and impermissible activities.

Finance is a complex field that attracts a lot of challenges and obstacles along the way. Currently, buying, selling, investing and other financial activities are restricted to the financial institute only.

Such a system only caters to the needs of people who have access to these institutes, which leaves out a vast segment of society. Marhaba’s Blockchain-based decentralized finance platform is aimed at giving Shariah compliant alternatives to the growing community of Muslim investors.

What Is Marhaba (MRHB) Financial Platform?

In the world of Crypto, we have only seen a couple Muslim specific Coin offerings. Marhaba is striving to become the first Shariah compliant offering token. Marhaba Network is a decentralized finance platform for Everyone in an inclusive Ecosystem that allows for any level and type of financial participation.

Muslims have little options when it comes to cryptocurrency due to their Shariah requirements, with ICOs and STOs being the only way they can participate in this emerging market. At Marhaba, we are working towards building an ecosystem with every activity that is Shariah compliant, as well as being an inclusive platform for all Muslims and non-Muslims.

The Marhaba ecosystem is a decentralized Islamic finance platform that helps entrepreneurs and developers to get their Shariah compliant apps and solutions connected to the market in a very easy manner. It comprises of a fintech platform and a digital currency called MRHB.

Marhaba New Start-Up Issues New Standard in Decentralized Finance

With this in mind, Marhaba Team is working decisively in bringing the best financial products to global pool of Halal assets.

Marhaba is defined as a place of peace, tranquility and love, which is what we strive to bring to everyone using our platform, eager to take part in the world of decentralized finance.

Marhaba offers a Shariah compliant alternative to the existing financial ecosystem. Marhaab offers masternodes to investors who would like to earn staking rewards in the form of MRHB tokens by “staking” their collateral tokens.

Marhaba is a blockchain based decentralized finance platform which conforms to shariah law

Through Marhaba, we ensure that all transactions, deposits, and loans adhere to Shariah law. This helps us maintain the integrity of our ecosystem and keep it free from undesirable decisions.

At Marhaba we recognize the potential of digital assets to uplift the Muslim community by offering greater access to opportunities than would have traditionally been available. We are dedicated to delivering a safe, user-friendly platform that allows you to follow your Allah given rights, using Islamic financial guidelines and principles that preserve Shariah compliance.

Shariah Advisory Council (SAC) brings in an atmosphere of seriousness and transparency for the Marhaba platform. In addition to this, SAC also verifies all products and services issued on the platform to ensure it complies with the social accountability standards of Shariah.

Marhaba is a Sharia compliant dApp

With a vision to be the best Islamic finance platform and support many more features and services in the long run, Marhaba ecosystem dApp is being managed and developed by the team who believe that they are taking part in building a better community by contributing their hard work towards the Islamic finance based ecosystem dApp.

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Ecosystem Features

Marhaba is a sharia compliance ecosystem for all parties involved in a financing transaction employees, business customers, investors and payment processors.
Marhaba is a Partnership Platform, Marhaba is not an ICO. Marhaba is using Blockchain to allow its Partners and Customers to be part of a complex offering of financial products and services.
Marhaba ecosystem was initiated as an open and decentralized platform based on Blockchain technology alongside its centralized counterpart, using the salient features of both technologies.
Marhaba Financial system is based on trust, integrity and transparency. Our goal is to bring this system as technology ready. That’s why we are working on this financial system to run properly without any human interference in it.
Shariah compliance and the platform will be used to help the Muslim’s especially in their finance needs. has a planned experience that can accommodate every need of today Muslim

Advantage Marhaba Features

Shariah compliant
Trustless
Immutable
Censorship-resistant
Standard
Secure
Shariah compliance through the use of smart contracts

Benefits

Control and access of your digital cash with privacy, convenience, and confidence
Innovative business model It is a technology that promises to completely solve a number of problems that have been affecting the world for decades.
Shariah compliance with security, peace of mind, and transparency The cryptocurrency is Shariah compliant, with a fixed return of investment on each invested unit.
The project is designed for Muslims as well as non-Muslims. It offers ease of use and its does not require proficiency in English.
Simple structure that targets Muslims globally, Shariah compliant financing service enabling P2P lending globally and at zero cost; Providing solutions for the unbanked making use of profit sharing programs
A platform where all Muslims, regardless of their country of residence, can participate in a Shariah-compliant manner.
Decentralized and borderless ecosystem for Islamic finance built on the Ethereum technology.
Shariah compliance and an increase in confidence in Islamic Financial Markets in crypto.
Access to Muslim investors who are missing out on the crypto movement, A seamless access to take full and other halal investment services.
Individuals and organizations can finance projects and provide liquidity in an interest free manner.
This unique platform will enable millions of Muslims around the world to confidently transact, save and manage their money in line with Islamic guidelines.

Marhaba Token (MRHB) and Sahal Wallet

MRHB: A Token that Offers Shariah Compliant Cryptocurrency

The Shariah compliance aspect of Marhaba Token is just one of the reasons why this platform will succeed. There is so much potential to make all types of transactions simple and easy while profiting from markets around the world.

From business to leisure, from real estate to finance, from services to education and careers, Marhaba Token aims to be a token that you can use for anything and everything you want to do.

At the same time, Marhaba aims to make the network as secure as possible and designed for the privacy of users or consumers, where they have complete anonymity.

Token Information

Symbol Token : MHRB
Token Supply: 1 Billion MRHB
Smart Contract: 0xd10332818D6A9B4b84bf5d87DbF9D80012FDF913
Website Official: https://marhabadefi.com/

Marhaba MHRB Token Price Information

Coinmarketcap
https://coinmarketcap.com/currencies/marhabadefi/

Buy Token On Exchange

Pancakeswap
https://pancakeswap.finance/swap
Lbank
https://www.lbank.info/exchange/mrhb/usdt
Bitmart
https://www.bitmart.com/trade/en?symbol=MRHB_USDT
BKEK
https://www.bkex.com/trade/MRHB_USDT

Sahal Wallet

Marhaba is the most user-friendly platform that leads the world in increasing compliance to Shariah law. Our platform is based on an in-built system which calculates the profit and loss on every transaction of a user.

This wallet brings the values of sharia to ensure the compliance with Islamic Finance. The Shariah committee, who is a renowned professor in the field, monitors all that we do and makes sure it is 100% compliant. So you can rest assured that this wallet is fully compliant with Islamic Banking laws.

Summary

Marhaba MRHB offers the first product using blockchain on a Shariah Compliant basis. We believe that MRHB will open the market of Islamic Finance to the world by providing instruments that allow to finance projects without bearing interest and without involving any third party Risk.

The offered finance is transmitted under a contract where financing is done by agreeing on various terms using a coded text called smart contract which has been written in accordance with the Islamic Law based on Taweelad system.

While online platforms provide flexibility in generating and utilizing financing options, there are, however, risks that the users may be exposed to. Marhaba aims to become a FinTech solution that provides financing opportunities and at the same time address the religious, moral and ethical considerations of Muslim contributors, all in a Shariah-Compliant manner.

Marhaba aspires to become a FinTech Platform for all Muslims providing them with access to a range of Halal Worldwide Investments.

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