MRHB DeFi's Ethical and Inclusive Vision Strengthened by Contango Partnership

MRHB DeFi's Ethical and Inclusive Vision Strengthened by Contango
Partnership
Melbourne, Australia, Oct 5, 2021 -- Community-focused DeFi ecosystem MRHB DeFi is teaming up
with Canadian venture capital fund Contango Digital Assets to expand its reach, offering and services
beyond the crypto-fluent to excluded communities globally.
Contango has made a strategic investment into MRHB DeFi, and will work alongside the MRHB DeFi
team, providing expertise and experience across a wide variety of areas. The partnership will also
support collaboration with influencer marketing leaders in the blockchain space, Influx Group.
Faith-based, Excluded Communities, An Untapped Opportunity
The partnership is aimed at expanding the reach of MRHB DeFi beyond crypto-natives to engage new
users and communities who are attracted to a more ethical and faith-based vision.
“It’s surprising to us that such an important part of the world has not been able to participate in DeFi
opportunities yet. MRHB is opening an important door in the Muslim Community for people who wish to
benefit from decentralized finance while remaining faithful to their beliefs. We’re thrilled to be a part of
that.” – Contango Managing Director, Mike Grantis.
“We are first in building DeFi services that solve issues of faith, ethics, exclusion, and complexity. Our
user-friendly platform provides equal opportunities to everyone, not only those who share our concern
for holding crypto assets that are halal. With Contango’s support, we will continue our journey of growth
and development within Islamic communities and beyond.” – MRHB DeFi CEO Naquib Mohammed.

MRHB DeFi was founded on the principle of bringing societies and communities not familiar with
decentralized finance into the space, and has a particular focus on delivering halal DeFi services which
adhere to the tenets of Islamic faith, such as business practices that avoid interest, usury, exploitation
and other acts deemed unethical.
With more than USD 3 trillion in liquidity available in the Islamic finance market, bringing even a tiny
portion of this to DeFi will represent a major step forward in the growth of DeFi worldwide, and will
enable people with no experience of the market to share in its opportunities.
MRHB DeFi recently announced partnerships with Sheesha Finance, NewTribe Capital, Acreditus
Partners, EMGS Group and Coinsbit India, working towards expanding its reach and visibility to people
new to blockchain, as well as long time believers in the cryptocurrency and digital asset industry.
About MRHB DeFi:
MRHB DeFi is a halal, decentralised finance platform built to embody the true spirit of an “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.
Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has
encapsulated universally applicable principles of Shariah into those tenets of blockchain to render a
suite of offerings. It is a complete DeFi ecosystem whose products, protocols and crypto-assets are
governed primarily by the ethical, inclusive, sustainable and charitable investment principles associated
with the Islamic faith or ‘Islamic Finance’ (‘IF’ as it is commonly known).
The diverse team is comprised of researchers, technocrats, influencers, Islamic fintech experts &
business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will
impact society as a whole, essentially bridging the gap between the faith-conscious communities and
the blockchain world.
Read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here.
MRHB DeFi Official Channels:
Website: https://marhabadefi.com
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg
Medium: https://mrhbdefi.medium.com/
LinkedIn: https://www.linkedin.com/company/marhabadefi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/mdf_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR

About Contango:
Contango Digital Assets was launched to empower the financial revolution that is presented by
blockchain and DeFi technology. It invests in innovative projects from around the world and fosters
strategic partnerships with founders who look for more than just capital.
Learn more about Contango by visiting the official website or following the fund on Twitter.
Media Contact:
cecilia@marhabadefi.com
chris@yourPRstrategist.com
pr@yourPRstrategist.com