Buy Crypto Markets Spot FuturesGOLD Earn Event Center

UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider.UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider.

ruya becomes first UAE Islamic bank to offer BTC trading

Author: Cryptopolitan

Source: Cryptopolitan

2025/12/08 18:20

2 min read

BANK$0.04015+0.67%

BTC$68,234.76-4.16%

For feedback or concerns regarding this content, please contact us at [email protected]

UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider. It becomes the first Islamic Bank to enable customers to buy and sell Bitcoin through its mobile application.

ruya is offering Bitcoin investment as part of its broader investment offering in an Islamic ethical format. Working with Fuze, ruya is ensuring that the Bitcoin trading and investment offering is secure, user-friendly, and compliant with Islamic financial principles.

According to the Chainalysis 2024 Geography of Crypto Report, the UAE saw over US$30 billion in cryptocurrency inflows between July 2023 and June 2024 — a 42% year-on-year increase.

Christoph Koster, CEO of ruya explained that the offering is part of the bank’s commitment to shaping the future of finance in the UAE and participate in the digital economy responsibly.

He added, “All Bitcoin investments available via ruya are fully Shari’ah-compliant, providing customers with confidence and clarity,” said Christoph Koster. “Mohammed Ali Yusuf (Mo Ali Yusuf), Co-Founder and CEO of Fuze, explained, “Together, we are redefining how customers can approach virtual asset investing in a responsible and transparent way.”

UAE Mashreq Capital launched a fund that includes Bitcoin

Earlier this month, UAE-based Mashreq Capital, a leading asset manager operating out of DIFC (Dubai International Financial Center), launched BITMAC, a multi-asset investment mutual fund that includes equities, fixed income, gold, and Bitcoin exposure via ETFs.

As per Mashreq Capital, BITMAC offers retail investors an innovative, diversified, and systematically rebalanced portfolio. Prior to that, UAE banks such as RAK Bank and Liv Bank also started offering crypto trading services using crypto exchanges as partners.

Market Opportunity

Lorenzo Protocol Price(BANK)

$0.04015

$0.04015$0.04015

-2.43%

USD

Lorenzo Protocol (BANK) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#DeFi #ETF