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Reading: Islamic Bank is starting halal crypto currency services
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Islamic Bank is starting halal crypto currency services
Regulations, Law & Policy

Islamic Bank is starting halal crypto currency services

vitalclick
Last updated: April 25, 2025 3:12 am
1 day ago
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The United Arab Emirates -centered digital -oriented Islamic bank Dream began to offer crypto asset investments to its customers through the mobile application in accordance with the Sharia principle. This development is seen as a remarkable step in the field of Islamic finance and crypto banking.

HALAL CRIPTO MONEY SERVICESBAE Pioneer in Crypto

HALAL CRIPTO MONEY SERVICES

Ruya has implemented a new service that provides direct access to crypto asset investments to its customers. Within the scope of the service, leading crypto assets such as Bitcoin are among the investment instruments in accordance with the Sharia principles. The Bank aims to provide services within the framework of an ethical and transparent investment that will support long -term financial growth.

The new service has become possible thanks to the strategic cooperation with licensed crypto asset infrastructure provider Fuze. Both institutions continue to work in order to make a safe and ethical entry into the crypto economy. This partnership is considered as an important step in terms of compliance with technological infrastructure and compliance with financial service standards.

Christoph Koster, (Ruya CEO), “As Ruya, we are adhered to the mission of providing innovative services in the UAE Finance world. By integrating crypto assets into our investment platform, we want to support the sustainable participation of our customers in the crypto economy.”

Ruya is one of the well -known digital financial companies in the region and provides Islamic banking services.

BAE Pioneer in Crypto

The launch of the service took place in the United Arab Emirates at a time when the crypto asset sector experienced rapid growth. In the period until June 2024, the country’s crypto asset volume increased by 42 %annually to over 30 billion dollars. This development contributed to the increase in interest in digital financial services in the region.

Mohammed Ali Yusuf (Mo Ali Yusuf), (Fuze CEO) “Cooperation with Ruya is an important step in terms of ensuring the smooth integration of crypto assets into the banking system.”

The Bank aims to provide support through community centers and hybrid call centers to ensure that customers make conscious investment decisions. Service avoids speculative transactions and prioritizes long -term financial growth and ethical investment principles.

This new investment platform offered by Ruya gives important clues to the digital transformation process of Islamic finance. Factors such as technological infrastructure, cooperation and market performance increase the expectations of the sustainability of service in the long term.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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