- Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment solutions.
- The partnership provides Ruya with instant transaction processing, customised user interactions, and a full suite of digital services.
- Ruya will also use Network International’s value-added services, including tokenisation, card control, and fraud mitigation.
- These solutions will help Ruya deliver a digital-first approach, enhancing transaction speed, convenience, and the customer experience.
- Ruya Bank, based in Ajman, launched this year with Shariah-compliant retail banking services, including Wakala deposit accounts and savings products.
- Business banking services are also planned for future release