Arjwan
Yes. Arjwan (أرْجُوان) is a classical Arabic lexical item meaning a purple or crimson hue, attested in poetry and lexica.
It has been adopted historically and in modern times within South Asian Muslim naming practice as a poetic, color-based feminine name.
No specific religious significance; the name is aesthetic and lexical rather than a Quranic or Hadith-based personal name.
Arjwan evokes luxury, fine textiles, floral and dye imagery, refinement, and the rare beauty associated with purple/crimson hues.
It is uncommon but can be encountered in South Asian Muslim (including Bengali) contexts as a poetic, stylistic choice.