Islamic DeFi $MRHB Token featured on Nasdaq Top 7 in Jan to List on LBank Global Exchange

“We are pleased to onboard the $MRHB token to our exchange,” said LBank CEO, Allen Wei. “We’ve
discovered that LBank shares many values with MRHB, one in particular, is inclusion. Our collaboration
will certainly help the both of us reach out to a wider audience.”
Wei is referring to MRHB’s strong focus on excluded communities and ethical business practices
in its outreach to a wider audience of previously unreachable demographics, including the more
than one billion-strong Muslim community seeking a halal entry to cryptocurrency investments.
Founded in 2015, LBank is an established centralized cryptocurrency asset trading platform known for
being a safe and convenient platform. Over US$1 billion in trading volume is transacted on LBank every
day. At the time of this writing, the CEX is ranked Top 23 on Coinmarketcap.
Another Month of Strong Traction for the MRHB Project and Token
The $MRHB token listing on LBank this month follows a successful over-subscribed IDO at the end of
December. Including private funding rounds, MRHB DeFi raised investment worth US$5.5 million, over
85 percent of which came directly from their own enthusiastic community of more than 60K supporters.
“We are excited to announce the MRHB token listing on LBank, our first centralized exchange,” said
MRHB DeFi CEO Naquib Mohammed. “The listing is strategically timed just before our next product
launch — the Sahal Wallet, the world’s first non-custodial wallet for users who need an easier
way to access ethical and halal crypto assets. The wallet also serves as a community gateway
to our ambitious eight-product ecosystem.”
MRHB DeFi’s strong traction and vision have not gone unnoticed. The project token was picked as one
of ‘7 Killer Cryptos to Buy for January on Nasdaq and InvestorPlace last month. The Center for
Global Muslim Life also listed MRHB DeFi as one of ‘The 10 Most Innovative Global Muslim
Blockchain & Metaverse Projects to Watch in 2022’.
Opening the Doors to DeFi
MRHB DeFi was created to bridge a perceived gap — to provide excluded and crypto-cautious
communities greater access to the growing opportunities and utilities of the cryptosphere. 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 and 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.
“Blockchain and cryptocurrency have immense potential and represent a new paradigm in
finance that the world can benefit from,” added CEO Naquib. “As such, it is important for these
opportunities to be open to all communities, for none to be excluded.”