Ruya Launches World’s First Shariah-Compliant Bitcoin Trading Service
Digital Islamic bank ruya, in partnership with asset infrastructure provider Fuze, has rolled out a regulated, Shariah-compliant Bitcoin trading feature in its app, a global first for Islamic banking.
UAE-based digital-first Islamic bank Ruya has introduced a Bitcoin trading service that complies with Shariah principles — allowing customers to buy and sell Bitcoin directly within the bank’s mobile app. The bank says this makes it the first Islamic banking institution in the world to offer such a service.
The new offering is built in partnership with licensed virtual-asset provider Fuze, combining regulated crypto infrastructure with ruya’s Islamic-finance framework. According to the bank, the service underwent review and approval by its Shariah supervision board, ensuring compliance with Islamic ethical finance standards.
The bank emphasises that its Bitcoin-trading feature is embedded within a regulated environment: customer verification, compliance procedures and transparent governances are handled internally, offering an alternative to offshore crypto platforms.
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