Absa Islamic Banking provides a variety of specialised banking, savings and investment solutions that operates in strict compliance with Shari’ah Law.
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 Shari’ah Law.
A Shari’ah-compliant savings account that provides you with a pre-agreed profit-share ratio in the event a profit is earned and a card that you can use to access your funds at any time.
If you’re looking for an interest free salary account, our Cheque Account is for you. Dependable, reliable and absolutely effortless.
A savings plan that will produce returns at the end of the calendar year, based on the Mudarabah pre-agreed profit-share principle.
The Islamic Value Bundles are Shari’ah-compliant – offering you affordable Flexi, Gold or Platinum pricing options.
Shari'ah compliant finance for vehicle or other movable assets you want to acquire.
Your path to a prosperous future starts with the Islamic Term deposit, now offering competitive profit rates.
A convenient Shari'ah compliant banking option for Islamic youth under the age of 18.
Mudarabah products follow a very well defined process of profit calculation and distribution.
Islamic Law requires that the estate of a Muslim should be distributed according to the Islamic Law of Succession, the detail of which can be found in the Qur’aan in Chapter four.
Foreign bank notes and cash passports which are Shari'ah compliant.
A versatile, Shari’ah compliant investment product that offers personal control over an investment portfolio uniquely suited to the investor’s needs.