Islamic Banking
Islamic Banking
Absa Islamic Banking offers a variety of unique banking, saving and investment solutions that operates in strict compliance with Shar'iah Law.
Absa Islamic Banking is advised and guided by the independent Shar'iah Supervisory Board, a panel of experts in Shar'iah Law and its application in economics.
We understand that customers who seek Shar'iah-compliant banking solutions have essentially the same banking requirements as other customers, and our solutions are developed to ensure you are able to manage your personal finances with ease, freedom and flexibility.
Islamic Banking is an alternative to conventional banking that is available to anyone who seeks a different approach to financial services, not only for members of the Muslim community who wish to operate financially in line with Shar'iah Law.
Islamic Value Bundle
The Islamic Value Bundles are Sharia’h-compliant – offering you affordable Silver, Gold or Platinum pricing options
Islamic Cheque Account
Everyday transactional account that offers a full range of banking solutions and services
Islamic Vehicle and Asset Finance
Shari'ah compliant finance for the car or other movable asset you want to acquire
Takaful Motor, Household and Business Insurance
Insurance cover for your vehicle, household and business with useful additional benefits
Islamic International Banking
Travellers cheques, foreign bank notes and cash passports which are Shari'ah compliant
Islamic Savings
A Shari’ah-compliant savings account that provides you with a pre-agreed profit-share payout and a card that you can use to access your funds at any time
Islamic TargetSave
A monthly savings account that will produce returns at the end of the calendar year, based on the Mudarabah pre-agreed profit-share principle.
Islamic Term Deposit
A Shari'ah-compliant fixed deposit account that offers a range of returns over a selection of investment periods
Islamic Youth Account
A convenient Shari'ah compliant banking option for Islamic youth under the age of 18
Islamic Profit Share
Mudarabah products follow a very well defined process of profit calculation and distribution.
Call us on
0860 000 786
For lost and stolen cards
0800 11 11 55-
Call us on
27 (0) 11 501 5010 
E-mail us at
islamicbanking@absa.co.za
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