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UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades


by Peter Mwangi
for CoinEdition
UAE's Ruya Offers First Sharia-Compliant Crypto Trade
  • Ruya becomes first Islamic bank to offer Shari’ah-compliant crypto trading in-app  
  • UAE sees $30B in virtual asset inflows amid growing digital economy integration  
  • Ruya and Fuze partner to provide secure, ethical access to compliant digital assets

Ruya, a digital Islamic bank based in the UAE, now lets customers buy and sell cryptocurrencies directly through its mobile app. The bank confirmed this marks the first time a Shari’ah-compliant institution has offered crypto trading within a regulated banking framework, reflecting Ruya’s push to blend modern finance with Islamic banking ethics.

According to Ruya, customers can trade selected digital assets, including Bitcoin (BTC), via a secure, integrated mobile platform. This service is part of the bank’s wider investment options designed for ethical, long-term wealth creation. Importantly, Ruya emphasized that all available digital assets have been vetted for Shari’ah compliance, assuring users of their religious permissibility.

To power this new feature, Ruya partnered with Fuze, a licensed digital asset infrastructure provider. This collaboration ensures the service meets high technical security sta…

The post UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades appeared first on Coin Edition.

Read the article at CoinEdition

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UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades


by Peter Mwangi
for CoinEdition
UAE's Ruya Offers First Sharia-Compliant Crypto Trade
  • Ruya becomes first Islamic bank to offer Shari’ah-compliant crypto trading in-app  
  • UAE sees $30B in virtual asset inflows amid growing digital economy integration  
  • Ruya and Fuze partner to provide secure, ethical access to compliant digital assets

Ruya, a digital Islamic bank based in the UAE, now lets customers buy and sell cryptocurrencies directly through its mobile app. The bank confirmed this marks the first time a Shari’ah-compliant institution has offered crypto trading within a regulated banking framework, reflecting Ruya’s push to blend modern finance with Islamic banking ethics.

According to Ruya, customers can trade selected digital assets, including Bitcoin (BTC), via a secure, integrated mobile platform. This service is part of the bank’s wider investment options designed for ethical, long-term wealth creation. Importantly, Ruya emphasized that all available digital assets have been vetted for Shari’ah compliance, assuring users of their religious permissibility.

To power this new feature, Ruya partnered with Fuze, a licensed digital asset infrastructure provider. This collaboration ensures the service meets high technical security sta…

The post UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethena Secures $20M From UAE’s M2 Holdings as Synthetic Dollar Protocol Expands Market Reach

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M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has committed $20 mi...
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