Ruya, the first Islamic digital bank in the United Arab Emirates (UAE), is making a significant impact by partnering with Fuze Finance. They now allow customers to buy and sell crypto assets like Bitcoin (BTC) directly through their services.
What Makes This Service Special? The services from Ruya Bank are claimed to comply with Islamic finance principles, ensuring that Bitcoin can be bought and sold in a halal manner. Partnering with Fuze Finance guarantees that this investment aligns with Sharia principles.
Crypto Market Growth in the UAE
Since June 2024, the UAE has received over $30 billion in virtual assets, with a growth rate of 42%—four times faster than the average of other regions at only 11.7%.
CEO of Ruya, Christoph Koster, Commented: "We are committed to transforming the financial landscape in the UAE and ensuring that all virtual assets we offer to customers are Sharia-compliant, providing the certainty needed."
UAE Becomes a Pioneer of Crypto in the Arab World
Ruya Bank is not the only one paving the way for crypto in the UAE. Previously, Liv Digital Bank and Emirates NBD Bank have also provided crypto trading services, marking the UAE as a country ready to embrace the future of digital finance.
Why Is This Important for You? With the growing adoption of crypto, especially in countries with strict regulations like the UAE, halal crypto investment opportunities are opening wide. This is the right time to engage in the safe and Sharia-compliant world of crypto!
🔑 Join the Digital Financial Revolution and follow in the footsteps of leading banks that support Sharia-compliant crypto innovations!