Ruya Becomes UAE’s First Islamic Bank to Offer Bitcoin Trading
Ruya, an Islamic bank in the UAE, has launched Bitcoin trading for its customers by integrating services from Fuze, a UAE-regulated digital asset infrastructure provider. The platform will let clients buy and hold Bitcoin within Ruya’s ecosystem, with custody and execution supported by Fuze’s regulated stack. The partnership signals a practical step toward mainstreaming crypto services inside traditional Islamic finance channels.
The move is notable because it makes Ruya the first Islamic bank in the UAE to offer direct Bitcoin investments, potentially unlocking access for Shariah-conscious retail and institutional investors. By working with a regulated provider, Ruya frames the offering within existing oversight frameworks, which could encourage broader adoption among conservative investors while testing demand for crypto products in the region.