Quarashi was a rap/hip-hop group from Reykjavík, Iceland. It was comprised of Hössi Ólafsson (replaced by Tiny (real name Egill Ólafur Thorarensen) on the final album), who was the lead vocalist and frontman of the group, Omar Swarez (Ómar Örn Hauksson), who served as a rapper and hype man, and Steini a.k.a. Stoney (Steinar Orri Fjeldsted), who also served as a rapper and hype man.

Quarashi is the debut hip hop album by the group of the same name, released on October 13, 1997 in Iceland (see 1997 in music). Already popular in Iceland thanks to the EP, Switchstance, Quarashi released their first full-length album with more of the hip-hop infused rock, techno, and funk that brought them fame in the first place. 6,000 copies of Quarashi were made, and all 6,000 copies were soon sold, making the album go gold in Iceland. Like Switchstance, it is rare to find a copy of Quarashi today, but the CD is known to show up on e Bay every once in a while.