Network International and Ruya Bank Team Up to Revolutionize Digital Islamic Banking

Revolutionizing Islamic Banking with Digital Solutions

In a significant move on 9th September 2024, Network International forged a strategic partnership with Ruya Bank, the UAE's pioneering digital-first Islamic community bank. This collaboration aims to transform Islamic banking by incorporating cutting-edge digital payment technologies.

Key Features of the Partnership

• Instant Transaction Processing: Customers will benefit from rapid transaction speeds, allowing for seamless financial activities.
• Customized User Interactions: Enhanced engagement through personalized digital services designed to meet customer needs.
• Value-Added Services: Introduction of features such as tokenization, card control, and comprehensive fraud solutions.

The partnership emphasizes the seamless integration of advanced technology with Islamic banking principles, aiming to enhance financial inclusion and innovation within the UAE's growing digital economy.

Endorsements from Leadership

Christoph Koster, CEO of Ruya, expressed confidence in the partnership, stating that it will enhance their digital offerings and customer service capabilities for individuals and businesses throughout the UAE. Navneet Dave, Managing Director at Network International, echoed this sentiment, highlighting their commitment to supporting Ruya's growth strategy with innovative solutions.

Enhanced Standards in Shariah-Compliant Banking

As this partnership unfolds, it promises to elevate Shariah-compliant banking standards and foster greater accessibility to financial services, aligning with the Islamic principles vital for operational integrity.