The international network (network) has announced that it is the first bank of the Islamic community of the United Arab Emirates to transform Islamic banking with digital payment technology.
Roya Bank signed a cooperation agreement with the international network
news agency wam , 9 Sep 2024 - 17:44
The international network (network) has announced that it is the first bank of the Islamic community of the United Arab Emirates to transform Islamic banking with digital payment technology.
According to Amac News: In the announcement of the international network, it is stated that this partnership enables Ruya to provide smooth and safe digital banking experience to customers by seamlessly integrating advanced digital technology with Islamic banking principles.
Leveraging the network's advanced payment solutions, Roya will introduce features including instant transaction processing, customized user interactions and a comprehensive suite of digital services, according to the announcement.
The network drives a digital-first approach to service delivery, significantly increasing transaction speed, convenience and overall customer experience.
In addition, the network will provide value-added services such as tokenization, card control and fraud solutions, while supporting Roya's Shariah- compliant services and their ethical and Islamic banking practices.
The partnership is set to strengthen Sharia-compliant banking standards and foster greater innovation and financial inclusion in the UAE's growing digital economy.
Story Code: 1490