MRHB.Network, the first decentralized finance platform committed to supporting ethical and halal crypto products, has listed the $MRHB token on the Bitlocus crypto exchange and now offers EUR trading against its native token. In addition to its USDT pair, the new trading pair MRHB/EUR is part of the halal token’s foray into European markets, enabling crypto users to make instant fiat-crypto conversions.

Bitlocus is the fourth global centralized exchange to list MRHB, including LBank, BitMart and CoinTiger. The token can also be traded on PancakeSwap, a leading decentralized exchange.

“This listing on Bitlocus marks another milestone for MRHB and we are pleased to expand our range and offer token holders the option to trade $MRHB against the EUR,” said MRHB DeFi Network CMO, Umut David Gulasi. “Lowering the barriers to buying crypto with fiat is a crucial step in onboarding more users. By providing a bridge between crypto and fiat, we can offer a more convenient and better trading experience for our community, taking us a step closer toward mass adoption of $MRHB.”

The listing in Bitlocus comes as part of a long term and wider partnership between the two entities, where Bitlocus will facilitate MRHB expansion to the European markets through the services and products of its various sister entities. Incidentally, Bitlocus has been one of the earliest allies and supporters of the MRHB Team since its ideation phase.

“MRHB DeFi Network is a highly respected DeFi project looking to make the cryptoverse a better place. We are delighted to list their MRHB token on our exchange to support communities looking for ethical cryptocurrency solutions,” said Andrius Normantas, CEO at Bitlocus.

The Bitlocus cryptocurrency exchange was founded in 2018. Based and registered in Lithuania, they are under the strict, trustworthy regulation of the EU. Bitlocus offers spot trading of more than 16 tokens and cryptocurrencies with EUR as the base currency, along with a fiat on/off-ramp.

The MRHB DeFi platform is built specifically to help onboard communities previously excluded from cryptocurrency, such as the world’s 1.8 billion Muslims representing a financial market worth about US$3 trillion. To ensure the decentralized finance ecosystem is halal, and therefore permissible for Muslims to use, the MRHB DeFi team employs an advisory board that vets all cryptocurrencies and services on the platform according to strict ethical and halal guidelines.

On Building a Better DeFi Platform

The flagship product and cornerstone of the MRHB DeFi platform is Sahal Wallet, a self-custodial cryptocurrency wallet available on both iOS and Android. Notably, Sahal Wallet only accepts halal tokens and acts as a gateway portal to the entire MRHB DeFi ecosystem.

“When designing our Sahal Wallet application, we took great pains to ensure the UX is as easy and friendly as possible. The majority of our 70,000 supporters are first-time crypto users and it can honestly be quite overwhelming for newcomers to enter the crypto space,” MRHB CEO Naquib Mohammed said. “MRHB DeFi is a one-stop platform where our users can be assured everything is halal without having to do a ton of extra research on their own, making Sahal Wallet their key to ethical DeFi.”

The company has had a string of strong product launches since they listed their token in December 2021 in an oversubscribed IDO, raising over US$5.5 million in funding. Including Sahal Wallet, MRHB DeFi also launched SouqNFT — a marketplace for ethical NFTs that also hosts halal compliance certificates from Shariah Experts in immutable, unforgeable NFT form. Coming up this year are a halal liquidity harvester that generates passive yields of 5% to 15%, an exchange for tokenized commodities and metals, a world-first halal DeFi staking solution and numerous enhancements to Sahal Wallet including reversible transactions.

Other ambitious products on their roadmap to be launched in 2023 include an interest-free crypto financing solution, decentralized philanthropy, an entrepreneur launchpad and decentralized autonomous governance.

MRHB DeFi Network is backed by a number of partners and investors, including Polygon Technology, Sheesha Finance, Australian Gulf Capital, NewTribe Capital, Blockchain Australia, Mozaic, Contango Digital Assets, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, Sukhavati Protocol and MKD Capital, amongst others.

About MRHB.Network :
MRHB.Network is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

About Bitlocus:
Bitlocus is a global financial technology company that operates the Bitlocus cryptocurrency exchange. The main mission of Bitlocus is to bring fiat and cryptocurrencies together via features such as fiat-to-crypto exchange, fiat-friendly gateway to DeFi protocols, payment cards, crypto payments processing, liquidity, and other services for business and retail clients. For more information please visit https://bitlocus.com/.

MRHB.Network Official Channels:
Website: https://mrhb.network
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/c/MarhabaDeFi
Medium: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Discord: https://discord.com/invite/DubSjKmkBX
Facebook: https://www.facebook.com/MRHBDeFi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Telegram (Persian): https://t.me/mrhbdefi_persian
Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi
SouqNFT Marketplace: https://souq.mrhb.network

The event (Btsfabrications.co.uk/champion-north-east-businesses/), which took place on Wednesday, welcomed fabrication businesses from across the North East to share knowledge and exchange expertise.

The team of 48 at BTS, who manufacture high-quality facades and rainscreen products for clients around the country, were at the forefront of the event, exhibiting their products and sharing reflections on their recent successful move into automation. 

The event, which included a factory tour, presentation and an exchange in best practice, was even granted the seal of approval by Newton Aycliffe’s Mayor, Ken Robson, who said he is “blown away at what the business has managed to achieve.”

Philip Atkinson, BTS’ managing director, said: 

"It’s such an honour to have been able to host this event at our offices, which are a showroom for exactly what we do. 

Some incredible North East industry leaders attended. These events are all about learning from one another, and that's exactly what we saw today.

I hope that everyone who came along was able to see that our investment into automation and machinery has made a huge difference to the way we work, and it is certainly the way forward for us.

This certainly won’t be the last time I invite fellow business leaders over to our offices; I love showing people around and banging the drum for our incredible workforce and for our thriving sector.”

22 people attended the event which was co-hosted by the AMF, a membership forum whose aim is to bring together the North East’s manufacturing and engineering community to create successful opportunities.

Arthur Hodgson, AMF’s forum manager, said: “We’ve had a fantastic visit and it’s been great to bring the members down to BTS.  

“All of the members I have spoken to have had a brilliant day, it’s been fascinating.

“The feedback is that I now have a hard bar to try and beat for the next event.”

The networking forum hosts monthly get togethers with local businesses so that they can exchange best practices.

The next forum is on 21 September at Tharsus, and BTS will be sure to attend to learn more about what others are doing in the industry.

For more information, please contact Phil Atkinson, on 01388 816883.

Or email him at This email address is being protected from spambots. You need JavaScript enabled to view it.. 

Address - Unit 7, Woodham Road, Aycliffe Business Park, Newton Aycliffe, County Durham, DL5 6HT https://btsfabrications.co.uk/

SGS, the world’s leading testing, inspection and certification company, has published a Consumer Compact article that details five simple things manufacturers of electrical and electronic (EE) products can do to optimize certification by a Nationally Recognized Testing Laboratory (NRTL). 

Any electrical item used in a US work environment must be certified by an NRTL. This requirement does not apply to EE for the home space but retailers often require NRTL certification so they can sell products for use in both environments.

SGS’s Consumer Compact article details the five things manufacturers should consider in order to streamline their NRTL certification process and therefore optimize their route to market.

Read the original Consumer Compact article, ‘Streamlining the NRTL Certification Process for Electrical Products’.

SGS Solution

SGS provides a comprehensive range of services to help manufacturers and retailers ensure EE products conform to OSHA and other governmental requirements. They hold NRTL accreditations covering a wide variety of products, including power tools, household appliances, lighting, medical equipment, batteries, IT equipment, audio-visual equipment, and products for hazardous and potentially explosive environments. Once a product has been certified it can bear the SGS North America Listed Mark. In the end, it’s only trusted because it’s tested.

Learn more about the SGS North America Listed Mark.

Subscribe here to receive SGS Consumer Compact direct to your inbox.

For more information, please contact: 

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/ee

LinkedIn: sgs-consumer-goods-&-retail

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 96,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.

Montreal, Canada (release-news ) July 20, 2022 - Future Electronics, a global leading distributor of electronic components, is featuring a powerful IoT System-on-Module from Laird Connectivity in the latest edition of Sense Connect Control.

The Summit SOM 8M Plus is a robust, secure and high-performance System-on-Module (SoM) built for the next generation of IoT designs.

The Summit SOM 8M Plus is powered by NXP's i.MX 8M Plus processor, and delivers reliable connectivity, global certification, a proven security architecture, long term software support, security peripherals and device management features.

PA/LNA provide excellent connectivity in difficult environments, plus enterprise support for better roaming, encryption, single SKU support, hardware LTE coex, and more. It supports up to 3 displays and features a 2.3 TOPS Machine Learning/Neural Processing Unit.

This advanced System-on-Module also comes with dedicated on-board security hardware, secure boot Linux, and a high-performance and flexible secure storage system for passwords, certificates, and data storage.

The Summit SOM 8M Plus is an ideal solution for a wide range of applications including smart buildings and appliances, robotics, industrial IoT and vision systems, printers and scanners, and medical devices.

To learn more, visit https://www.futureelectronics.com/resources/featured-products/laird-connectivity-summit-som-8m-plus-iot-system-on-module. To see the complete portfolio of Laird Connectivity products available through Future Electronics, visit www.FutureElectronics.com.

Stay on top of all sensing and connectivity information in Sense Connect Control, a go-to e-newsletter by Future Electronics for engineers. Each edition is packed with product information, datasheets or videos showcasing the most advanced new sensing and connectivity solutions.

Visit www.FutureElectronics.com/subscribe to receive the latest issues of Sense Connect Control newsletter and always stay up to date with the latest innovations of the technology world. To see the entire portfolio of products available through Future Electronics, visit www.FutureElectronics.com.

About Future Electronics

Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5500 employees are its greatest asset, with 170 offices in 44 countries. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.

Media Contact

Jamie Singerman
Corporate Vice President Worldwide
FUTURE ELECTRONICS
www.FutureElectronics.com
514-694-7710
Fax: 514-693-6051
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