UAE Islamic Bank ruya Breaks Ground With Bitcoin Investment Access via App
The post UAE Islamic Bank ruya Breaks Ground With Bitcoin Investment Access via App appeared on BitcoinEthereumNews.com. Ruya has made history by becoming the first Islamic bank to offer Shari’ah-compliant access to Bitcoin and other virtual assets. The crypto-friendly approach of the UAE, combined with Donald Trump’s initiatives for digital assets, is pushing forward innovations like Ruya’s Bitcoin investment products. Ruya, a digital-native Islamic community bank that seamlessly blends innovative technology with the core principles of Islamic finance, has now become the world’s first Islamic bank to offer customers direct exposure to virtual asset investments, such as Bitcoin (BTC), through its mobile app. This new service is the result of a partnership between Ruya and Fuze, a regulated digital assets infrastructure provider that offers banks tools to integrate digital asset services securely. Together, they’ve made sure that the operations adhere to Shari’ah law, giving customers the confidence that their investments align with the core values of Islamic finance. Ruya will make virtual asset investing more accessible by offering expert support through community hubs and call centers, helping customers make informed choices. Commenting on this, Christoph Koster, CEO of ruya, stated, “At ruya, we are committed to transforming the financial landscape in the UAE by offering forward-thinking services while staying true to our mission of ethical Islamic banking. By integrating virtual assets into our investment platform, we aim to empower our customers to participate in the digital economy sustainably and responsibly.” Mohammed Ali Yusuf, Co-Founder and CEO of Fuze, added, “Partnering with Ruya is a big step towards making virtual assets a seamless part of everyday banking. Together, we’re combining Fuze’s cutting-edge infrastructure with Ruya’s commitment to ethical Islamic banking.” Islamic Finance with Digital Assets Ruya’s decision marks a big change in the Islamic banking space, where there’s usually a lot of caution around cryptocurrencies because of concerns about volatility and adhering to Shari’ah laws. By building a…
The post UAE Islamic Bank ruya Breaks Ground With Bitcoin Investment Access via App appeared on BitcoinEthereumNews.com.
Ruya has made history by becoming the first Islamic bank to offer Shari’ah-compliant access to Bitcoin and other virtual assets. The crypto-friendly approach of the UAE, combined with Donald Trump’s initiatives for digital assets, is pushing forward innovations like Ruya’s Bitcoin investment products. Ruya, a digital-native Islamic community bank that seamlessly blends innovative technology with the core principles of Islamic finance, has now become the world’s first Islamic bank to offer customers direct exposure to virtual asset investments, such as Bitcoin (BTC), through its mobile app. This new service is the result of a partnership between Ruya and Fuze, a regulated digital assets infrastructure provider that offers banks tools to integrate digital asset services securely. Together, they’ve made sure that the operations adhere to Shari’ah law, giving customers the confidence that their investments align with the core values of Islamic finance. Ruya will make virtual asset investing more accessible by offering expert support through community hubs and call centers, helping customers make informed choices. Commenting on this, Christoph Koster, CEO of ruya, stated, “At ruya, we are committed to transforming the financial landscape in the UAE by offering forward-thinking services while staying true to our mission of ethical Islamic banking. By integrating virtual assets into our investment platform, we aim to empower our customers to participate in the digital economy sustainably and responsibly.” Mohammed Ali Yusuf, Co-Founder and CEO of Fuze, added, “Partnering with Ruya is a big step towards making virtual assets a seamless part of everyday banking. Together, we’re combining Fuze’s cutting-edge infrastructure with Ruya’s commitment to ethical Islamic banking.” Islamic Finance with Digital Assets Ruya’s decision marks a big change in the Islamic banking space, where there’s usually a lot of caution around cryptocurrencies because of concerns about volatility and adhering to Shari’ah laws. By building a…
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