UAE's First Islamic Bank, Ruya, Launches Bitcoin Investment Service

Ruya, an Islamic bank based in the Middle East UAE, reported on the 8th that it has started offering Bitcoin (BTC) investment services through its mobile app in partnership with Fuze, a digital asset infrastructure provider regulated in the UAE. This initiative marks the first time an Islamic bank has enabled its customers to engage in Bitcoin trading and investment. Ruya offers Bitcoin investment as part of a wide range of investment products adhering to Islamic ethical standards. In collaboration with Fuze, the bank ensures that Bitcoin trading and investment are secure, user-friendly, and compliant with Islamic financial principles.