Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has partnered with ruya, the UAE’s digital-first Islamic community bank.
Through this partnership, ruya will provide customers with a seamless and secure digital banking experience by integrating advanced digital technology with Islamic banking principles. The partnership aims to enhance Shariah-compliant banking standards while driving innovation and financial inclusion within the UAE’s growing digital economy.
Leveraging Network’s advanced payment solutions, ruya will offer cutting-edge features such as instant transaction processing, customized user interactions, and a comprehensive suite of digital services. By combining their expertise, Network International and ruya seek to offer unparalleled convenience and security in ethical banking.
Christoph Koster CEO – ruya
“As we aim to seamlessly blend innovative technology with the core principles of Islamic finance, we are confident this collaboration with Network International will further enhance our ability to provide secure digital-first banking products and exemplary customer service to support individuals, businesses and communities around the UAE.”
As the UAE’s premier payment solutions company, Network will drive a digital-first approach in providing services, significantly boosting transaction speed, convenience, and the overall customer experience. In addition to this, Network will provide value-added services including tokenization, card control and fraud solutions.
Navneet Dave, Managing Director & Co-Head of Processing, Middle East at Network International, commented that, “We are delighted to partner with ruya to transform digital Islamic banking in the UAE. As a payment solutions leader in the UAE and the wider MEA region, our capabilities and experience allow us to be the partner of choice for governments, banks, fintechs, merchants and public sector organizations. We are committed to support ruya’s growth strategy with our cutting-edge technology and expand the bank’s footprint in the country.”
