Australian-Based Crypto Platform Marhaba DeFi to Release a Suite of New Products Which Align with Islamic Law by the End of 2022

Australian-based crypto platform Marhaba DeFi to release a suite of new products which align with Islamic law by the end of 2022. Marhaba DeFi founder and CEO Naquib Mohammed said the first is TijarX, what he says is the first halal DEX for commodity-backed tokens, a halal DeFi staking solution, a liquidity harvesting platform, and a new version of its existing halal NFT marketplace. "The fundamental property of blockchain is its transparent, it's immutable, so bringing Islamic finance onto the blockchain makes perfect sense. Because of that transparency blockchain is the perfect puzzle piece that fits this gap." The first cryptos launching this month on the TijarX DEX will be tokenized silver and gold backed by real and audited bullion reserves. Mohammed says there's more to be added to the platform such as tokenized wheat, barley, soya, and cocoa. Mohammed says discussions are already underway but nothing is added to the platform without a vetting process which ensures not only that the provider has enough liquidity to handle the volume but also is complying with Islamic laws.