What you need to know

Get a Shari'ah-compliant investment account and earn your monthly profit. Plus, earn more profit as your balance grows.


It’s never too late to build your wealth

What you get
 Take advantage of our unbeatable* rates when you invest for 12 months or 18 months.
Get a personalised rate
  • Open a new or reinvest an existing Islamic Term Deposit with a R100 001 minimum investment.
  • Rates quoted will be indicative and is for investment terms of 12 or 18 months respectively/only.
  • Open an Islamic Gold Value Bundle or Islamic Premium Banking Account on the day of investing.
  • Switch your salary and deposit it into your account for at least 2 consecutive months.
  • The minimum deposits per Transactional product are as follows:
    • R18 000 per month into your Islamic Premium Banking Account
    • R3 000 per month into your Islamic Gold Value Bundle Account
  • Set up a minimum of two debit orders.
  • Register to bank digitally (i.e. a digital profile created via the Banking App, the call centre or a branch).

Visit your nearest Absa branch for more information.

*Terms and conditions apply. 
Absa Rewards Having an Islamic Transactional Cheque or Investment Account with us means that you could earn even more Rewards! Maintaining a minimum combined balance of R5 000 in your investment accounts.
Free Digital Fraud Warranty 

 In a first for South Africa, we introduced our free Digital Fraud Warranty, which provides added protection for customers who have been defrauded. The warranty covers all customers who use the latest version of the Absa Banking App and who transact responsibly. Terms and conditions apply.
Terms and conditions 
  • Invest for 12 months or 18 months to get unbeatable* rates.
  • Invest any amount from R100,001
  • Offer must be taken up on the same date as the account was opened.
  • Also applicable to Senior customers from 55 years and older.
  • If our standard rate is lower than a competitor rate for 12 or 18 months and for the same amount (100,001 or more), contact any branch with a valid written quote and we will beat* the rate. (The quote must be for the same day)

 

Profit rates quoted will be indicative as per Shari’ah guidelines.

Terms and conditions apply

Even more ways to grow your wealth

  • Islamic Dynamic Deposit

    Minimum deposit   Absa Rewards Where to get it
        Absa Online Banking App Call Centre Branch
    R1 000 √ √ √ √ √

    Tell me more

     

  • Islamic TargetSave

    Minimum deposit   Absa Rewards Where to get it
        Absa Online Banking App Call Centre Branch
    R100 √ √ √ √ √

    Tell me more

    If you are an Absa customer with internet banking, you can apply for an Islamic Target Save account on Absa Online. If you are an Absa customer without internet banking, registering to become one is quick and easy

Need more help?

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

Call us on:

0860 111 515