🟢 The first Islamic bank with Bitcoin: ruya launches an investment platform for Sharia-compliant crypto
— The ruya bank from the UAE has become the first Islamic bank in the world to offer direct investments in Bitcoin and other virtual assets — directly through a mobile application.
— All of this is within the framework of Islamic law (Sharia), thanks to a partnership with Fuze, a licensed provider of crypto infrastructure.
📲 What this means:
— Crypto investments are becoming part of everyday banking in the UAE
— The product is focused not on speculation, but on ethical and long-term investments
— Client support through consultation centers and call centers is already available
📈 Context:
— The UAE accepted more than $30 billion in crypto assets in 2024, which is 42% more than the previous year — the region is actively emerging as a leader in digital finance in MENA
💬 CEO of ruya, Christoph Koster:
"We want to give people access to the digital economy without violating the principles of Islamic banking"
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