NewTribe Capital Invests in World’s First Halal DeFi Ecosystem

NewTribe Capital, a Dubai-based venture capital private equity group, has made a strategic investment in Marhaba DeFi (MRHB DeFi), the world's first Halal decentralised finance (DeFi) ecosystem. MRHB DeFi is based out of Sydney, Australia.

Why it Matters?

NewTribe Capital's company ethos and strategic goals are slated to be in alignment with investing in the first ethical, inclusive and faith-based MRHB DeFi ecosystem platform. Naquib Mohammed, Founder and Chief Executive Officer at MRHB DeFi, remarked that this partnership opens up new prospects and connections in the industry, resulting in greater value for its community members.

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