MRHB Receives “Best New Islamic Cryptography Platform” Award, Incubated by ICYF International Incubation Center in Istanbul, Turkey


MRHB Wins Best Islamic Crypto Platform, Selected for International Incubator by ICYF

The Halal DeFi MRHB platform recently won awards from World Business Outlook and Global Brands Magazine and was selected to participate in a Turkish government-backed incubator by the Islamic Cooperation Youth Forum (ICYF).

The Halal DeFi MRHB platform recently won awards from World Business Outlook and Global Brands Magazine and was selected to participate in a Turkish government-backed incubator by the Islamic Cooperation Youth Forum (ICYF).

MELBOURNE, Australia, Jan. 31, 2023 (GLOBE NEWSWIRE) — MRHBthe world’s first halal decentralized finance (DeFi) ecosystem, recently won two awards from the Singapore-based company Global Business Outlook. The success comes after winning a 2022 Global Brand Award from the UK-based company Global Brands Magazine earlier in the year. In addition, the project was also selected last month by the Islamic Cooperation Youth Forum (ICYF), International Incubation Center (IIC), an initiative supported by the Investment Office of the Presidency of the Republic of Turkey and Bilişim Vadisi Technological Development Zone of the Republic of Türkiye.



“It’s a great way to start 2023”, said the CEO and founder of the MRHB Naquib Mohamed. “We are very grateful that our quest to build a Halal Web3 economy platform has been recognized by international juries and also deeply honored to have been handpicked by ICYF for their prestigious incubation program. We would like to thank our valued community for their continued support throughout 2022 and we will use this momentum of victories to further propel our continued journey to becoming the go-to ethical DeFi solution!

“We are happy to welcome the MRHB in our ICYF incubator and excited for the opportunity to help them develop halal web3 and decentralized finance for Muslim communities around the world,” said the CEO of ICYF Young Business Hub. Sami Serdar. “As an organization focused on helping start-ups to sustainably develop Islamic communities and economies in the OIC region, ICYF strongly supports projects like MRHB that have demonstrated a strong commitment to their track record. ambitious road and their loyal community of supporters.

From January 26 to 28, under the leadership of the International Incubation Center, the MRHB participated in the Mobilefest Communication Technologies Exhibition and Conference, Eurasia’s largest and most influential ICT event, alongside other tech startups IIC DERIVATIVE, RoboLabs, Fatora and Workiom.

Hat Trick Award Wins MRHB DeFi

MRHB DeFi won two World Business Outlook Award titles in the Australia category as “Australia’s Most Ethical DeFi Network 2022” and the “Best New Islamic Crypto Platform Australia 2022”. The Global Brand Award that MRHB DeFi brought home earlier this year was for the “Best New Islamic Crypto Platform”‘ in the Crypto/FOREX category.

World Business Outlook is a publication that focuses on global business updates. Their annual “World Business Awards” are held nationally and internationally to recognize organizations that demonstrate core values ​​of business innovation, sustainability and customer satisfaction, among other criteria. The awards assessment process focuses on industry leadership and value or net worth, as well as industry talent, strategies for success, and potential in the international landscape. Notably, MRHB DeFi was one of only two Australian companies to receive the awards.

More than 18,000 companies from 130 countries were evaluated for the Global Brand Awards 2022, which are internationally recognized as benchmarks identifying the best global brands. Global Brands Magazine is a UK-based publication providing news and insights from the best brands around the world. The company presents the annual awards to companies that are distinguished by a unique vision, exceptional service, innovative solutions and consumer-centric products.

“This year, the awards were quite elaborate with over 18,000 companies evaluated across various categories and criteria. The combined brand value of these companies was over £5 trillion,” said Jay Reddy, Chief Brand Officer at Global Brands Magazine. “Companies place the highest value on building long-term brand value through long-term customer satisfaction.”

Expanding Opportunities in the Global Halal Ecosystem

MRHB.Network has been selected to participate in the Islamic Cooperation Youth Forum (ICYF) incubation program at the International Incubation Center (IIC) and will receive six-month start-up support in the Turkish metropolis, Istanbul. In particular, this initiative is supported by the Investment Office of the Presidency of the Republic of Turkey and Türkiye Bilişim Vadisi Technological Development Zone.

Thus, the MRHB will be able to use the technological infrastructure and the laboratories of the IIC through the incubator, and will have access to its vast global network, also benefiting from a certain number of services offered by the incubator, in particular investor and partnership meetings, networking opportunities, investment summits, global funding and industry access.

Launched in 2004 after the Foreign Ministers of the Organization of Islamic Cooperation (OIC) adopted a resolution at the June 14-16 summit, the ICYF is an international, non-commercial and non-partisan organization and its program IIC focuses on incubating startups in the OIC, which consists of an alliance of 57 countries in which Islam plays a significant role. Current member countries are located primarily in North Africa, the Middle East and South Asia, with a population of over 1.95 billion. This corresponds to approximately 24.7% of the world’s population.

In collaboration with the youth wing of the OIC, the MRHB will establish the Blockchain Center of Excellence in Istanbuland focusing on upskilling and stimulating young Turks and young people from OIC member countries on the prospects and future of Distributed Ledger Technologies (DLT).

The IIC Incubator is a critical opportunity for us to connect even more deeply with the Halal business ecosystem, as well as the broader global faith community of nearly 2 billion people.,” said Khalid Howladar, Chairman of the Advisory Council of the MRHB. “Web3 is rapidly being adopted in the West and in many parts of Asia. Participation in this incubator represents for us a way to help spread the adoption of blockchain technology in the OIC.”

MRHB’s ongoing journey to support financial inclusion and ethics

MRHB DeFi launched its $MRHB token in December 2021 in an oversubscribed IDO that raised over US$4.5 million. The token has become Featured as “killer crypto” by Nasdaq and InvestorPlace in early 2022.

The Company operates the suite of Halal DeFi products and services accessible through the Sahal Wallet, its App portal. Existing products on their platform include the SouqNFT Marketwhere, in addition to halal art NFTs, SouqNFT also hosts the first halal compliance certificates in NFT form. TijarXtheir DEX commodities which currently have tokenized gold and silver offerings, with other commodities in the works, have been featured in both Cointelegraph and Forbes.

Several launches are planned for 2023, including the first halal cash collector (EmplifAI) and its native staking solution (MIRO), as well as decentralized philanthropy (DePhi), an entrepreneur launch pad, interest-free financing and governance autonomous decentralized.

Win from a prize pool of 10,000 USD in tokenized gold plus a raffle

The community of more than 70,000 MRHB supporters now has a chance to win Gold Standard ($AUS) – tokenized gold – as part of a promotion TijarX Gold Rush competition taking place from January 16 to 31 and ending on January 31st 23:59 GMT.

Anyone who buys at least $100 of AUS on the MRHB Commodity DEX TijarX during the contest period has a chance to win first prizes of AUS$5,000, $3,000 and AUS$1,000 as well as one of 10 AUS raffles worth US$100 each.

Because the contest ranks winners based on net purchases and not transaction volumes, even latecomers to the contest have just as much of a chance as early entrants of winning the top prizes!

More details here:

TijarX Gold Rush Registration Link:

A step-by-step guide on how to buy gold (or silver) on TijarX:

About MRHB.Network
MRHB.Network is a halal and decentralized finance platform designed to embody the true spirit of “Ethical and Inclusive DeFi” by following faith-based finance and business principles where all excluded communities can benefit from the full empowerment potential of DeFi.
The diverse team includes researchers, technocrats, influencers, Islamic fintech experts, entrepreneurs and industry professionals, all of whom have come together to ensure that MRHB DeFi wins in a way which impacts society as a whole, essentially bridging the gap between faith communities. and the blockchain world.

Official channels of the MRHB DeFi network
Announcements by telegram:
Telegram (Arabic):
Telegram (Russian):
Telegram (Turkish):
Telegram (Persian):
Telegram (Urdu/Hindi):
SouqNFT market:

Media Contact
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A photo accompanying this ad is available at

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