UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider.UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider.

ruya becomes first UAE Islamic bank to offer BTC trading

2025/12/08 18:20
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

UAE Islamic Bank ruya has opened its platform to Bitcoin investment in partnership with UAE-regulated Fuze, a digital asset infrastructure provider. It becomes the first Islamic Bank to enable customers to buy and sell Bitcoin through its mobile application. 

ruya is offering Bitcoin investment as part of its broader investment offering in an Islamic ethical format. Working with Fuze, ruya is ensuring that the Bitcoin trading and investment offering is secure, user-friendly, and compliant with Islamic financial principles.

According to the Chainalysis 2024 Geography of Crypto Report, the UAE saw over US$30 billion in cryptocurrency inflows between July 2023 and June 2024 — a 42% year-on-year increase. 

Christoph Koster, CEO of ruya explained that the offering is part of the bank’s commitment to shaping the future of finance in the UAE and participate in the digital economy responsibly. 

He added, “All Bitcoin investments available via ruya are fully Shari’ah-compliant, providing customers with confidence and clarity,” said Christoph Koster. “Mohammed Ali Yusuf (Mo Ali Yusuf), Co-Founder and CEO of Fuze, explained, “Together, we are redefining how customers can approach virtual asset investing in a responsible and transparent way.”

UAE Mashreq Capital launched a fund that includes Bitcoin

Earlier this month, UAE-based Mashreq Capital, a leading asset manager operating out of DIFC (Dubai International Financial Center), launched BITMAC, a multi-asset investment mutual fund that includes equities, fixed income, gold, and Bitcoin exposure via ETFs.

As per Mashreq Capital, BITMAC offers retail investors an innovative, diversified, and systematically rebalanced portfolio. Prior to that, UAE banks such as RAK Bank and Liv Bank also started offering crypto trading services using crypto exchanges as partners.

Sign up to Bybit and start trading with $30,050 in welcome gifts

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.04051
$0.04051$0.04051
-1.55%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

The Dogecoin price may be on the verge of its most historic rally yet, as a crypto market analyst has boldly forecasted an explosive rally to $10. Pointing to historical
Share
Bitcoinist2026/03/07 05:30
‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

The post ‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars appeared on BitcoinEthereumNews.com. In brief Grammarly’s “Expert Review”
Share
BitcoinEthereumNews2026/03/07 05:31