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What's new in online banking

islamic term deposit account

Get an Islamic Term Deposit Account

Profit share

Additional profit share may be offered for large investments.

Investment maturity

You can reinvest the Islamic Term Deposit using Absa Online.

No monthly fees

No hidden costs means this is an affordable investment product.

Benefits and how to get it

Applying for an Islamic Term Deposit Account
If you are an existing customer, you can apply for an Islamic Term Deposit account on Absa Online. If you are an Absa customer with no internet banking, registering to become one is quick and easy.

When applying, you will need the following:

Your ID

Proof of residence (not older than 3 months)
Features of an Islamic Term Deposit Account
For individuals or businesses

Investment periods from 8 days to 5 years

No deposit and admin fees

Earn additional profit share on your Islamic Term Deposit.

Open an Islamic Term Deposit Account either online, on your Banking App or call us on 0860 111 515 to earn your Absa Digital Bonus Rate.

View our rates and fees Compare solutions Apply now

Need more help?

Let one of our consultants help you get the best account for your needs.

Call us on: 0860 111 515

Email us at: saving@absa.co.za

Visit your nearest branch