Sydney Builds The World’s First “Shariah-Guided” DeFi Platform
Sydney is building the world’s first “Shariah-guided” decentralized finance (DeFi) platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance. It has been reported that the Marhaba Decentralized Financial Platform (as Marhaba means “welcome” in Arabic) is expected to launch in the coming months and seeks to offer the Islamic world a DeFi platform informed by the core tenets of Shariah. Naquib Mohammed, the Chief Innovation Officer of Block