Melbourne, Australia, September 8, 2021 – Following the strategic investment by Sheesha Finance of the United Arab Emirates last week, MRHB DeFi, the world’s first decentralized halal finance (DeFi) ecosystem, is pleased to announce another strategic investment – this time from those based in Dubai Innovation investors Acreditus Partners.
Passionate supporters of innovation and decentralized financing
The transaction encompasses both investments and partnerships and also includes the appointment of Acreditus founder Khalid Howladar as Chairman of the MRHB DeFi Governance Board.
As a bespoke investment and advisory firm, Acreditus are passionate supporters of innovative startups and believe in the potential of decentralized finance to democratize access to the crypto-economy.
MRHB’s strong community and ethical focus sets it apart from most of the DeFi projects that permeate the sector. Indeed, these values are in line with those of Acreditus, whose partners are experts in their respective fields and, in addition to angel capital, offer a comprehensive pool of consulting experience and skills.
“The ethical and integrative community vision of MRHB DeFi for the cryptoversum differs significantly from other projects in this area, which are fraught with failure and fraud.” says Mr. Howladar, Acreditus founder.
“Combined with the extraordinary potential to revolutionize finance, I felt compelled to provide both advice and capital to assist them along the way as soon as I could assess the team’s extraordinary combination of ethics and skills.“he adds.
Part of Mr. Howladar’s role will be to try to ensure high standards of business ethics, governance and risk management as the company seeks to evolve from a bootstrapped start-up to a more institutional quality company. Additionally, his previous leadership experience in the Islamic banking sector will help build regulatory and institutional partnerships.
“MRHB DeFi is very proud that Acreditus Partners has decided to support our project on two fronts.” says Naquib Mohammed, founder and CEO of MRHB DeFi. “As a young company, we face many challenges in all aspects of our business, and Khalid’s extensive experience in various areas such as governance, risk and communication continues to prove invaluable to our team and is therefore a natural chairman of our governance board.”
About MRHB DeFi
MRHB DeFi is a halal, decentralized financial platform that embodies the true spirit of “ethical and inclusive DeFi” by following belief-based financial and business principles where all excluded communities can benefit from the full empowerment potential of DeFi.
Based on the principles of the blockchain such as trust, transparency and security, MRHB DeFi has encapsulated universally applicable principles of Sharia law in these principles of the blockchain to provide a range of offerings. It is a complete DeFi ecosystem whose products, protocols and crypto-assets are primarily subject to the ethical, integrative, sustainable and charitable investment principles associated with the Islamic faith or “Islamic Finance” (“IF” as it is generally known) are connected.
The diverse team is made up of researchers, technocrats, influencers, Islamic fintech experts, and entrepreneurs who have come together to ensure that MRHB DeFi prevails in a way that impacts society as a whole and essentially bridges the gap between faith-conscious communities bridged and the blockchain world.
Read more about the Shariah Concept Paper, Lite and White Paper from MRHB DeFi here.
Official MRHB DeFi channels
Telegram announcements: https://t.me/marhabadefi_ANN
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/mdf_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Via Acreditus partners
Acreditus partners are recognized market leaders in their fields. In addition to bespoke advisory services, they have acted as angel investors for a diverse portfolio of startups ranging from psychedelics for mental health to halal crypto. The team has delivered over 100 briefings to international emerging market investors, risk officers, shareholders, underwriters, correspondent banks and regulators in the GCC, emerging and Islamic markets. Founder Mr. Howladar also gives regular lectures at many business schools and universities in the region.
Official Acreditus Channels
Email: mailto: firstname.lastname@example.org