So, Ruya—a shiny digital bank from the glitzy UAE—decided, “Hey, why not mix Bitcoin with some Shari’ah spice?” and voilà, they’re now the world’s first Islamic bank to let you buy crypto without feeling like you’re committing a religious faux pas. Because nothing says “high tech” like ancient finance rules meeting virtual coins.
Apparently, this isn’t just a late-night idea over falafel; it’s part of a grand masterplan to make crypto investments as halal as your grandma’s hummus recipe.
Partnership With Licensed Provider Fuze (Fuze, Not The Soda)
The magic here happens thanks to buddying up with Fuze, a licensed crypto infrastructure wizard. Together, Ruya claims their crypto is so Shari’ah-compliant, it could perform prayers whilst keeping your Bitcoins safe.
Since Islamic finance demands investments avoid “excessive uncertainty” (aka no gambling your life savings on memes), Ruya’s crypto offerings have been put through the holy fire of cautious handling. Because you know, losing your money isn’t considered “ethical investing.”
Ruya’s big boss, Christoph Koster, explained that while they’re still all about those Islamic banking roots, they’re also very much “new money” savvy—offering you a chance to invest ethically without asking for a confession afterward.
Fair Play, Transparency & Zero Nonsense
If you thought crypto was just fast profits and lamentable late-night panics, Ruya’s here waving a flag for fairness, transparency, and “responsible investing”—which sounds suspiciously like your mum’s advice told through a fintech app.
Instead of pushing you into risky, adrenaline-fueled trading escapades, Ruya’s app wants you to take a thoughtful stroll through the digital economy. Because slow and steady apparently wins the blockchain race.
Crypto Growth In UAE: Ruya’s Timing Is On Point
Meanwhile, crypto in the UAE is booming like a desert cactus after rain. Over $30 billion flowed in just this past year (to June 2024), which is a hefty 42% jump from last year. That’s a lot of new crypto converts realizing digital gold is the hottest thing under the Arabian sun.
With the UAE aiming to be the cool kid on the Middle East block for virtual assets, Ruya’s move looks less like a gamble and more like the sensible entrance to a fancy crypto party—without breaking any religious dress codes.
Crypto Customer Care: Like Having a Wise Older Sibling
Ruya isn’t just tossing you into the crypto jungle without a map. Oh no, they’re rolling out pros in community groups and call centers ready to explain what you’re getting into—because, spoiler alert, crypto is still wild and weird and you want someone sane on your speed dial.
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2025-04-27 15:46