Ruya, headquartered in the United Arab Emirates, has begun to invest in Bitcoin and other cryptocurrency through the mobile app. This movement is the world’s first Islamic bank, which is faithful to the Islamic financial rules, allowing to buy encryption assets directly.
According to the official report, Ruya’s new service is part of a greater plan to mix cryptocurrency investment with the Shari’AH principle.
Partnership with Fuze, a license provider
The entry into a bank’s password investment is made through a partnership with Fuze, a license digital asset infrastructure provider. This partnership says that Ruya can guarantee that all encryption products comply with Shari’ah.
In Islamic finance, investments should avoid excessive uncertainty and unfair benefits. Bitcoin and other encryption assets provided through the app are carefully handled to meet these requirements.
Ruya CERISTOPH KOSTER explained that the bank is faithful to the roots of Islamic banks but changing to emerging fiscal opportunities. He also mentioned that the bank hopes to provide people with the opportunity to invest ethically without opposing his beliefs.
Focus on ethical investment and transparency
Based on the report, Ruya’s platform aims to give the customer a reassurance through the conviction that encryption investment is consistent with Islamic standards. The bank promotes values such as fairness, transparency and responsible investment, the center of Islamic finance.
Ruya encourages my mental participation in the digital economy instead of short -term and dangerous encryption transactions. The method of this app helps people make a decision to get information rather than pursuing fast profits.
The encryption growth of the UAE supports Ruya’s movement.
The timing of Ruya is consistent with the surge in encryption activities throughout the UAE. According to the figures presented, more than $ 30 billion encryption assets were introduced into the UAE for 12 months by June 2024. It raises 42% increase from last year, suggesting that more people are turning into digital assets.
The UAE is interested in becoming a trend setter in adopting virtual assets in the Middle East and North Africa. Ruya’s movements provide investors with a way to access encryption without crossing the religious line.
Bitcoin: The core part of customer support and education
Ruya has a wide range of degrees in relation to customer support. The bank provides professional advice to community groups and well -purified call centers so that users can safely know the risks and opportunities of encryption investment.
Chart of TradingView, the main image of Unsplash
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
