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BTCC / BTCC Square / Global Cryptocurrency /
UAE’s ruya Bank Launches Shari’ah-Compliant Crypto Investment Services Amid Regional Boom

UAE’s ruya Bank Launches Shari’ah-Compliant Crypto Investment Services Amid Regional Boom

Author:
Global Cryptocurrency
Published:
2025-04-24 12:14:01
9
1

UAE-based digital Islamic bank ruya has expanded its investment offerings to include cryptocurrency services, aligning with ethical Islamic financial principles. The move comes as the UAE reports a 42% annual growth in virtual asset inflows, surpassing $30 billion in the year ending June 2024—nearly quadruple the regional average.

ruya joins Liv Digital Bank in catering to growing demand for crypto solutions in the Gulf. CEO Christoph Koster emphasized the bank’s commitment to transforming UAE’s financial landscape while ensuring Shari’ah compliance. "We’re empowering customers to participate in the digital economy with certainty," Koster stated, highlighting the platform’s security and user-friendly design.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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