{"id":162076,"date":"2024-09-10T11:12:57","date_gmt":"2024-09-10T01:12:57","guid":{"rendered":"https:\/\/uaefintech.co\/?p=162076"},"modified":"2024-09-10T11:12:57","modified_gmt":"2024-09-10T01:12:57","slug":"network-international-and-ruya-bank-partner-to-revolutionise-islamic-banking","status":"publish","type":"post","link":"https:\/\/uaefintech.co\/network-international-and-ruya-bank-partner-to-revolutionise-islamic-banking\/","title":{"rendered":"Network International and ruya Bank partner to revolutionise Islamic banking"},"content":{"rendered":"<p><a href=\"https:\/\/uaefintech.co\/company\/network-international\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong>Network International<\/strong><\/span><\/a> have announced a strategic partnership with <a href=\"https:\/\/internationalfintech.com\/company\/ruya\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong>ruya<\/strong><\/span><\/a>, the UAE\u2019s digital-first Islamic community bank, to transform Islamic banking with digital payment technology.<\/p>\n<p>The partnership will enable ruya to offer customers a smooth and secure digital banking experience by seamlessly integrating advanced digital technology with Islamic banking principles. Leveraging Network\u2019s cutting-edge payment solutions, ruya will introduce features including instant transaction processing, customised user interactions, and a comprehensive suite of digital services.<\/p>\n<p>As the UAE\u2019s largest payment solutions company, Network will drive a digital-first approach in providing services, significantly enhancing transaction speed, convenience, and the overall customer experience. Additionally, Network will offer value-added services such as tokenisation, card control and fraud solutions while supporting ruya\u2019s Shariah-compliant services and their ethical and Islamic banking practices.<\/p>\n<p>Christoph Koster, CEO of <a href=\"https:\/\/uaefintech.co\/company\/ruya\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong>ruya<\/strong><\/span><\/a>, said, \u201cAs 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.\u201d<\/p>\n<p>Navneet Dave, Managing Director &amp; Co-Head of Processing \u2013 Middle East at <a href=\"https:\/\/internationalfintech.com\/company\/network-international\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong>Network International<\/strong><\/span><\/a>, said, \u201cWe 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 organisations. We are committed to support ruya\u2019s growth strategy with our cutting-edge technology and expand the bank\u2019s footprint in the country.\u201d<\/p>\n<p>The partnership is set to enhance Shariah-compliant banking standards and foster greater innovation and financial inclusion within the UAE\u2019s growing digital economy. By combining their expertise, Network International and ruya aim to offer a new level of convenience and security in ethical banking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Network International have announced a strategic partnership with ruya, the UAE\u2019s digital-first Islamic community bank, to transform Islamic banking with digital payment technology.<\/p>\n","protected":false},"author":238,"featured_media":162077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[302,475,481],"tags":[327,328,1322,511,534,480,487,1534],"class_list":["post-162076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-fintech","category-payments","tag-banking","tag-banks","tag-digital-banking","tag-digital-banks","tag-digital-payments","tag-fintech-disruptors","tag-partnership","tag-uae-fintech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - 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