Breaking development in the Middle East crypto scene: UAE-based Islamic financial institution Ruya just rolled out in-app Bitcoin trading through its partnership with Fuze. This marks a significant milestone as Ruya becomes the first Sharia-compliant bank in the Emirates to offer direct BTC purchases to its customers.

The move signals growing acceptance of digital assets within Islamic finance frameworks. While many traditional banks have hesitated to embrace crypto, Ruya's integration demonstrates that Bitcoin can align with religious financial principles when structured appropriately.

For UAE residents, this means accessing Bitcoin is now as straightforward as opening their banking app. No need to juggle between exchanges or navigate complex onboarding processes. The seamless integration removes friction points that previously kept mainstream users on the sidelines.

This development could catalyze similar initiatives across the Gulf region, where Islamic banking holds substantial market share. As regulatory clarity improves and institutional adoption accelerates, we might see more Sharia-compliant financial players entering the crypto space.