Ruya, an Islamic bank in the UAE, has partnered with Fuze to introduce in-app Bitcoin trading, marking a significant milestone as the first Sharia-compliant bank in the country to offer direct Bitcoin purchases. This development aligns with the growing interest in cryptocurrency within the region. According to Chainalysis, the UAE saw over $30 billion in crypto inflows from July 2023 to June 2024, representing a 42% increase compared to the previous year. This surge underscores the expanding role of digital assets in the UAE's financial landscape.