It’s Official — MRHB Is The “Best New Islamic Crypto Platform” and “Most Ethical DeFi Network” in 2022

3 min readDec 20, 2022


As an Islamic crypto company, MRHB (pronounced ‘Marhaba’) has held on to its vision of an ethical DeFi (decentralized finance) ecosystem to satisfy the needs of faith-based and ethically conscious communities. With the release of three halal DeFi products that uphold its values, MRHB is proud to announce that we have been awarded the following titles in 2022:

  • Best New Islamic Crypto Platform (Australia) — World Business Outlook
  • Most Ethical DeFi Network (Australia) — World Business Outlook
  • Best New Islamic Crypto Platform (Global) — Global Brands Magazine

MRHB Is The Most Ethical DeFi Network in Australia

World Business Outlook, a Singapore-based media publication providing global business updates, recently announced its official 2022 award winners. The evaluation process focused on industry leadership, value or net worth, as well as industry talents, strategies for success and potential in the international landscape.

MRHB DeFi has won two titles for the Australian category:

  • Most Ethical DeFi Network Australia 2022
  • Best New Islamic Crypto Platform Australia 2022

MRHB is honored to have its mission of providing financially inclusive and ethical interest-free DeFi opportunities in Web3 recognized in Australia.

MRHB Is The Best New Islamic Crypto Platform Worldwide

In addition to the above awards, MRHB was also in the running for the 2022 Global Brand Awards presented by Global Brands Magazine (GBM), a UK-based magazine that provides its readers with the latest news and information on best-in-class brands across the globe.

Each year, GBM develops a series of awards for companies that stand out and have a unique vision, exceptional service, innovative solutions, and consumer-centric products among their industry leaders. This year, more than 18,000 companies from 130 countries were evaluated.

For the Global Crypto/FOREX category, MRHB DeFi was awarded the title:

  • Best New Islamic Crypto Platform (Global)

2022 has been nothing short of a blessing to MRHB and the team is truly grateful for the recognition. Moving forward, MRHB will continue to build more halal DeFi solutions to achieve its vision.

MRHB Roadmap: Building an Ethical DeFi Future

To date, MRHB has released three halal DeFi products:

  1. Sahal Wallet multi-asset self-custodial wallet that lists only halal crypto tokens or assets with token swapping features.
  2. Souq NFT multichain NFT marketplace for creative endeavors as well as B2B or B2C use cases.
  3. TijarX decentralized commodity exchange for asset-backed tokens like gold and silver.

In the next two years, MRHB will endeavor to release the rest of the products as planned in the roadmap.

If you are interested in being a part of an ethical DeFi future, download Sahal Wallet to access the entire MRHB DeFi ecosystem.