In the heart of the United Arab Emirates, Ruya emerges as a groundbreaking force in finance, blending ancient Islamic principles with the wild world of cryptocurrency.
Launched on April 24, 2025, this digital-first bank became the first to offer Bitcoin and virtual assets while sticking to Shari’ah law—think of it as a financial tightrope walk, balancing ethical purity with the rollercoaster of crypto trading.
Through a sleek mobile app, Ruya partners with Fuze Finance to make investing feel as easy as swiping through your favorite social feed, all while guaranteeing every transaction aligns with Islamic values like avoiding interest and promoting community good. This initiative is a significant step in navigating global regulations that govern the crypto landscape.
At its core, Ruya emphasizes ethical banking, where Shari’ah compliance isn’t just a checkbox but a guiding star.
It’s like nature’s photosynthesis—turning sunlight (or in this case, digital assets) into something nourishing for society.
Customers get access to Bitcoin and other virtual goodies, with robust security measures that ward off hackers like a digital fortress.
This focus on inclusivity means everyday folks can dip into crypto without the usual headaches, all while supporting local communities through ethical practices.
Ruya’s platform is user-friendly, blending seamless buying and selling with the assurance that everything’s above board under UAE regulations. Furthermore, with UAE PASS integration, users can open accounts in under five minutes.
The UAE’s crypto scene is booming, with over $30 billion in virtual assets flooding in and a jaw-dropping 42% growth rate—four times the regional average of 11.7%.
Ruya dives into this frenzy, outmaneuvering rivals like Liv Digital Bank, which offers low fees at 0.5%, by doubling down on its Shari’ah edge.
It’s a savvy move in a regulated playground, where partnerships guarantee compliance and trust.
Picture Ruya as the wise old sage in a high-tech arena, injecting humor into finance: sure, crypto’s volatile enough to make your head spin, but with Ruya, you’re not just chasing gains—you’re building a better world. Ruya’s innovative offerings are further enhanced by their strategic collaboration with Fuze, a leader in virtual asset infrastructure. As the market evolves, this bank’s enthusiastic blend of tradition and innovation promises to keep the excitement rolling, one ethical trade at a time.