ruya bank expands digital Islamic finance model as industry assets surpass $4.5 trillion
UAE-based ruya bank says digital-native institutions will drive the next phase of growth in Islamic finance, as global Shariah-compliant assets exceed $4.5 trillion and are projected to reach $6.7 trillion by 2027.
The bank’s model blends digital infrastructure with ethical accountability. Its retail platform offers Shariah-screened portfolios including equities, ETFs, sukuk, gold and digital assets. For smaller businesses, ruya provides fully digital Shariah-compliant financing, targeting a segment often underserved by conventional lenders.
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Muhammad Ali Bandial