• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

MRHB Brings Halal and Ethical DeFi Platform to Kazan Summit 2022 and World Halal Day May 19-21

May 19, 2022 By GlobeNewswire

DUBAI, United Arab Emirates, May 19, 2022 (GLOBE NEWSWIRE) -- MRHB DeFi Network is proud to showcase its world-first halal and ethical DeFi ecosystem platform at the XIII International Economic Summit, Kazan Summit 2022. As the largest Halal Expo in the Russian Federation, and in conjunction with World Halal Day, over 5,000 participants from 72 countries and 12 diplomatic missions are expected to be in attendance, ranging from industry experts to media representatives and government officials.

As the main platform for the economic cooperation amongst the member countries of the Organization of Islamic Cooperation (OIC), the aim of the Summit is to strengthen trade, economic, scientific, technical, social and cultural ties in the region.

“We are very proud to be participating in our first World Halal Day exhibition,” said MRHBDeFi.Network CEO and founder Naquib Mohammed. “Our halal DeFi platform represents a brand new innovation for Islamic Finance, with new financial possibilities for both consumers and businesses. We’re also looking forward to meeting our many supporters in the Tatarstan region and beyond.”

The MRHB Team will be led by Zokir Ibragimov, CEO of Islam Invest, who will be part of the expert panel where Muslim Scholars’ opinions on Blockchain and cryptocurrencies are discussed.

Two key topics to be addressed at the conference also include the sharing economy and the common good of the halal industry. Other topics of focus include youth diplomacy, export development, partner banking, entrepreneurship and investment. Attendees can join panels with a number of high profile speakers including the President of the Indian Economic Trade Organization, the Undersecretary of the UAE’s Ministry of Economy, and a representative from the Chamber of Commerce and Industry of the Kyrgyz Republic, amongst others.

Another theme also being promoted at the expo is the “H2WORLD Economy”, a concept used to represent how halal ideals are now being applied across a wide range of services and communications. The concept promotes how being halal today not only pertains to food, but also to responsible and ethical behaviors across all industries working together toward new economic realities.

This year marks the 1,100th anniversary of the adoption of Islam by Volga Bulgaria on May 21. Summit attendees may opt to make a pilgrimage to Great Bolgar, the sacred site associated with this holiday, which is only 140 km away from where the conference is taking place in Kazan. The expo will also host “Modest Fashion Day” on May 19, featuring a fashion show with new styles by 12 up-and-coming modest fashion designers.

Halal DeFi for the Masses

MRHB — pronounced ‘Marhaba’, meaning ‘welcome’ in Arabic — was built on the premise that all people should have equal access to decentralized finance. But prior to the project’s December 2021 $MRHB token launch, this was not possible — cryptocurrency had been seen as haram by the majority of the world’s 1.8 billion Muslims, representing an Islamic Finance market worth over US$3 trillion.

Designed for halal-minded and ethics-conscious communities, the cornerstone of the MRHB suite of decentralized financial solutions is the Sahal Wallet, a multi-chain self-custodial cryptocurrency wallet that screens out non-halal tokens. The SouqNFT Marketplace is a halal NFT market where users can browse without fear of stumbling across NSFW content. SouqNFT is also the first place in the world to host halal compliance certificates in NFT form, representing a compelling use case for NFTs. Digital NFT certificates are vastly superior to paper halal certificates as they cannot be forged and are completely transparent and easily auditable.

MRHB is also hard at work building six more halal products for the platform, all due to launch within a year.

MRHB DeFi’s vision of DeFi for all is supported by a number of partners and investors, including Polygon Technology, Sheesha Finance, Australian Gulf Capital, NewTribe Capital, Blockchain Australia, Mozaic, Contango Digital Assets, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, Sukhavati Protocol and MKD Capital, amongst others.

About MRHB DeFi Network

MRHB DeFi 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 will impact society as a whole, essentially bridging the gap between faith-conscious communities and the blockchain world.

MRHB.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
pr@yourPRstrategist.com


Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Keyrock secures FCA Registration, strengthening UK presence and regulatory credentials

July 1, 2025

Ripple (XRP) Eyes $18 in Next Rally as Little Pepe (LILPEPE) Momentum Accelerates

July 1, 2025

Little Pepe (LILPEPE) Will Outrun Shiba Inu (SHIB) in the 2025 Crypto Bull Market

June 30, 2025

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

June 30, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter