we hosted an amazing AMA with Marhaba on the 29th of June
Q1:Unlike the majority of DeFi projects, Marhaba DeFi has the added requirement of being shariah-compliant across its entire suite of offerings. Could you briefly tell us how Marhaba governs & ensures that in a manner whereby it truly adds a lot of value alongside peace-of-mind to its users?
"Financial exclusion is one of the major problems in the world. Many researchers have found that financial inclusion can contribute to eliminating poverty. Marhaba Defi is focusing on financial inclusion. Shariah compliance is the main ingredient of $MHB token and Marhaba platform that aims to bring ethical and social values to the defi world".
To put it into context, we have an internal Sharia team (Sharia Experts) that of very accredited Sharia scholars from the field of Islamic Finance. Not only do we have an internal team, but we will also get an external team to audit our products and services.
"The scholars at Marhaba looked at the products that are being offered in a DeFi ecosystem, and how these products are traded. Whatever we think is acceptable from an Islamic perspective, we will keep and whatever we think is not acceptable, we will reject it. So for Marhaba, we will allow only those existing tokens that we feel are shariah-compliant to be traded on the platform. For example, we will not allow tokens created for gambling purposes etc. Similarly, the methods of trading that are unislamic, we will adapt them to make them shariah compliant. For example, conventional forward trading is not shariah-compliant, but with few changes to its structure, we could make it Islamic."
Q2: You’ve had a good run with your initial rounds of investment, what are your criteria for investors right now? And e.g how would someone attending this AMA explore investing into Marhaba DeFi if they wanted to?
We have succeeded in closing the preseed round with private investors. This gives us a strong foot, as the initial supporters are the strongest belivers. The investments we are accepting as based on the value proposition the VCs or crypto funds bring us. We are not a token sale money making defi project. We are here to stay, and so we need those, who believe in these principles....,Just to add to that. One of the key reasons we were all really excited about being here in your community is because one of largest supporters of inclusive, ethical finance is Iran.
Q3: What would motivate a non-muslim to use Marhaba DeFi from a financial gains perspective beyond Shariah-compliance?
There is absolutely no question or discrimination based on culture or religion at MarhabaDeFi. The motive of building this ecosystem is that every one should be part of it. As part of the benefits are concerned, we are ensuring that there are sufficiently rewarding returns from our liquidity harvesting mechanisms. We are all working towards making the wealth returns lucrative for everyone. At our core, Marhaba is all about collaboration, not competition
Q4 : What plans do you have to help drive demand and scarcity of your Platform Native Token $MMHB
At Marhaba, we have an extensive plan in regards to our roadmap which is a very enticing solution for the global faith-based investors and also general investors. You can read more about the solutions on our website (https://marhabadefi.com/#about). Most of these solutions and services will be linked to the MHB token- thus directly or indirectly driving demand for the token. In addition to that, we have a very well planned Tokonomics that is rug pull-proof and focused on long term growth, In the future, we are working on engaging strategic partnerships that will put MHB in a position of high use and demand.
Q5: How do you ensure the safety of User Funds and How do you assure us that you are not RUGPULL after the pre-sale?
We will have every contract audited by firms such as Certik - considered one of the best audit firms in the world. All our code is open-sourced and will be verified on chain. We will provide transaction hashes for events such as liquidity lock up without an ability to override. Trust is our utmost principal in an ethical platform and we will do whats necessary to protect that value.
Part2
Q1:Are you an well experienced team and devs? Can you tell us more about team background and are they anonymous?
We are a team of researchers, technocrats, influencers, reputed islamic fintech experts and senior business entrepreneurs, & doxxed devs who came together to ensure that we bring a DeFi solution, that will impact the society as a whole. And not we aren’t anonymous at all - that in fact is a testament of how serious, committed, and ethical-minded the entire team is about MarhabaDeFi’s long term sustainability.
Q2: What are the marketing strategies of your $Marhaba token project? What will you do so that your project will be visible in crypto field and people come to explore your project!
We've got a very extensive marketing plan across both crypto-centric & non-crypto-centric marketing mediums that's being activated on a global scale at an intentional pace. Infact MarhabaDeFi gained a ton of traction before we even began actively marketing. For example we were already featured on CoinTelegraph a while ago. We will share the link shortly here for all of you read that. Almost everything from community engagement, to gamified campaigns, to social media virality, to listicle efforts on reddit and other known upvoting platforms, etc -- and so much more is being done at a tactical level. On a higher, more strategic level - strategic partnerships with some very reputable global players are underway and will be announced in the coming weeks as well. And the icing on the cake, a super commited & engaged team who's here to serve, alongside influencers coming up soon as well who are just as passionate about Marhaba's mission of Ethics, Inclusivity and Unification as we are..
Q3: Trust is very important in business, what makes investors, customers and users feel safe when working with your project ?
This is a very important question.
We understand the value of honesty, trust, and transparency. Our organization is managed through the highest ethical standards, we are transparent about our solution and plateform. Our team is comprised of very highly achieved and marketed individuals.
1) We have a globally trusted and respected Shariah Board (you can see who they are through our website and SM)
2) Our tech team is lead by individuals who have experience building many previous successful projects
3) Our marketing team is lead by a very well branded individual - someone who has won awards and lead TED talks about the work they have done
4) Our founder has more than a decade of experience in FinTech, and all of them are publicly working on this project, which you only see in trusted high-value projects ,In addition to this superior team and transparency, we will be audited by a third-party Shariah team. The technology being produced- such as Sahal wallet and others are going through vigorous testing for safety and protection, rest assure all of these will meet the highest industry standards.
Q4: How can i stay updated with your project? Can you share your telegram, Twitter, website and social link where are we find you?
My recommendation is that you & anyone else interested join this community and stay here to keep up-to-date: https://t.me/mdf_official
Furthermore you can also visit https://marhabadefi.com/ and run through all the information there. And if you scroll right down to bottom, you will find links to most of our social media handles there too
Q5:How can i be part of you? Do u have any ambassador program?
Yes, we do have plans for an ambassador programme in the near future. Keep your eyes fixed on this community for those announcements & how to be a part of it within the next few weeks as we launch that.
Q6 :Can you list 1-3 killer features of $marhaba that makes it ahead of its competitors?
Complexity Solved - There is no other solution out there for faith-based investors and we at Marhaba provide a screened and approved crypto-financial ecosystem,Fragmentation Solved - The platform is extremely user-friendly and consumer-centric, which helps her understand the new way of dealing with finance. Now you will have a solution where you understand more and get confused less. Faith Issues Solved - Be excited because you will not need to jump across platforms to access the various products. Imagine one app that lets you do everything and make profits from all permissible methods!
Q7 : Many projects are already offering similar solutions with you, What’s your recipe for success and plan to outplay possible competitors and remain relevant in the foreseeable future?
Actually according to our market research, most projects offer only a portion of what MarhabaDeFi provisions as a holistic suite of offerings. Yes there are players out there doing singular offerings, e.g. a wallet offering that may or may not be shariah compliant...or other peicemeal attempts... But overall there isn’t really one collective eco-system that binds several "lego" pieces of the DeFi landscape into a unified, easy-to-use platform like MarhabaDeFi is doing.
Q8 : "STAKING" is one of the STRATEGIES to ATTRACT USERS and HOLD Them long term.Does your GREAT PROJECT have plan about Staking?
This is a great question! We've got something really special in store for our users when it comes to Staking, and it's called "Ultra-Staking". And NO, that isn't just a marketing label, its so much more - but I'm going to leave that to our epic CTO, Deniz to share more in the foreseeable future as we get closer to launching that particular offering within our MarhabaDeFi ecosystem.
Q9 : What is current & future development strategies of Marhaba platform?
Our goal is to develop an all-in-one platform for everyone.
Our current roadmap is:
Multi Currency
Non-Custodial Wallet
Cross-chain mobile wallet and gateway to the entire Marhaba Ecosystem
- Known as the “SAHAL” (Easy) Wallet, it will strictly hold approved and screened tokens only. The wallet will act as a gateway to the entire Marhaba Ecosystem, by showcasing powerful dApps on the users device
Multi Chain
NFT Marketplace
Borderless, unique, cheap and authentic NFT creation and comprehensive marketplace
- Branded as “SOUQ NFT”, it will serve as a lifeline for individual artists and creators to reap the benefits of crypto by digitizing & selling their work as NFTs
Liquidity Harvesting
Liquidity across chains with minimal slippage.
- The shariah compliant way of investing digital assets in a portfolio offering highly optimized returns with minimum risk. This investment product will use very complicated strategies to achieve its objective and continuously move the assets around all the time between different platforms to maximize the returns.
Cross Chain
Dex Aggregator
Optimized Portfolio of highly profitable digital assets
- Chain agnostic DEX aggregator, aka “DEXREGATOR”, enables crypto traders to access a wide range of trading pools across blockchains via one single dashboard
We have many other solutions inline but those are focused on Roadmap Phase 2
Follow us on our social media for updates on this.
ℹ️ℹ️ Useful links ℹ️ℹ️
Website : http://marhabadefi.com
Twitter : https://twitter.com/marhabadefi
instagram :
Telegram : https://t.me/mdf_official Doce: https://marhabadefi.com/info-centre.php
Linkdin :https://www.linkedin.com/company/marhabadefi/
ℹ️ℹ️Coinex persian Useful linksℹ️ℹ️
Telegram channel : https://t.me/CoinExIran
Telegram Group : https://t.me/CoinEx_fa
Twitter : https://twitter.com/AmirMP99