In a historical development of Islamic finance and digital banking services, dream (Roya), the Islamic Digital Bank in the United Arab Emirates has become the first Islamic bank in the world to provide customers with direct access to virtual asset investments, including Bitcoin, through its mobile application, according to what he said advertisement.
The new service has become possible through a strategic partnership with Fuze, a licensed leader in virtual asset infrastructure. Ruya and Fuze together aim to provide a safe and moral entry point in the digital economy, with services that are fully compatible with the principles of Islamic financing.
“In Roya, we are committed to transferring the financial scene in the United Arab Emirates by providing thinking services forward while preserving our moral moral banking mission,” said Christophe Coaster, CEO of Roya. “By combining virtual assets on our investment platform, we aim to enable our customers to participate in the digital economy in a sustainable and responsibility. We can also assure our customers that the virtual assets we offer on the investment platform in our Ruya are compatible with Sharia, providing the certainty that affects the need.”
The launch comes at a time for rapid growth in the virtual assets sector in the United Arab Emirates. In the year ending in June 2024, the country received more than 30 billion dollars of virtual assets, which represents an annual increase by 42 %, which greatly exceeds the regional average of 11.7 %, according to the announcement. This step emphasizes the emergence of the United Arab Emirates as a major center for digital finance in the Middle East and North Africa.
“The partnership with Roya is a big step towards making virtual assets a smooth part of daily banking services,” said Mohamed Ali Youssef (Mu Ali Youssef), co -founder and CEO of Fuze. “Together, we combine advanced infrastructure in Fuze with Ruya’s commitment to moral Islamic banking services.”
Unlike other platforms that encourage speculative encryption trading, Roya’s offer is included in the framework of a coordinated investment designed to support long -term financial growth, according to the company in the advertisement. It will focus on transparency, fairness and moral investment – Islamic financing principles.
To ensure access and enlightened decisions, Ruya also provides support through community centers and hybrid communication centers, where customers can obtain expert guidance on investing virtual assets.
The post Ruya Becomes First Islamic Bank To Offer Bitcoin And Virtual Asset Investments first appeared on Investorempires.com.
