Ruya, the UAE’s first digital Islamic bank, and the Free Zones Authority (FZA) of Ajman have forged a strategic alliance to offer full-service business banking to startups and SMEs. This program aims to streamline the business registration process in the United Arab Emirates, facilitating the smooth launch and operation of new businesses.
Business clients will gain from this partnership’s smooth digital account opening process, which has no hidden costs and no minimum balance requirements.
This bolsters Ruya’s dedication to openness and usability. The business banking service is primarily for startups, independent contractors, small and medium-sized enterprises, and freelancers. Customers can use Ruya’s cutting-edge business internet banking platform to manage their finances efficiently.
One of the main benefits of this partnership is the quick bank account opening process, which is available upon receipt of business licences from any of the integrated free zones under the Free Zones Authority of Ajman. Thanks to this streamlined process, businesses will be able to concentrate on growth and success, enabling smoother financial management and business operations.
The Honourable Ajman Free Zones Authority director general, Ismail Al Naqi, expressed his happiness about the strategic partnership with Ruya. As part of our intensive efforts to develop an integrated ecosystem to attract entrepreneurs and find proactive solutions that ensure they obtain the resources and support,” he stated made the following statement.
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