Do you want to be able to access and manage your money anytime, anywhere, while complying with Shari’ah Law? With the Islamic account, you will be able to manage all your banking needs while being confident that all of the services are fully compliant with Shari’ah Law.

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Get started with a Shari’ah compliant account

Here’s what you need to know

  • Islamic Flexi Value Bundle

    A bundled pricing option that offers you a selection of transactions free of charge at a fixed monthly fee.

    Qualifying criteria

    • Earn a gross income of between R2 000 and R4 000 per month
    • Valid, bar-coded South African identity document
    • Proof of residence
    • Proof of income

    Choose the Value Bundle for just R49 per month, and you’ll also get:

    • A bundle of FREE transactions:
      • 5 Absa ATM cash withdrawals
      • 5 Absa ATM cash deposits
      • Unlimited card swipes
      • Unlimited electronic payments
      • Any unused transactions will roll over for one month
    • Get more value for your money with great device and data deals exclusive to Absa customers
    • Rollover of free unused transactions for 1 month
    • We offer you the ability to switch your debit orders absolutely free
    • Lump Sum Takaful Death Benefit to the value of R3 000

    Apply now

    Apply now

  • Islamic Gold Value Bundle

    This is a Shari’ah compliant product based on a Qardh structure, offering a full banking Gold transactional account with a Value Bundle pricing option.

    Qualifying criteria

    • Earn a gross income of R4 000 or more per month
    • Valid, bar-coded South African identity document
    • Proof of residence
    • Latest proof of income (Salary advice) or latest 3 (three) months' bank statements

    Choose the Value Bundle for just R98 per month, and you’ll also get:

    • A bundle of FREE transactions:
      • 5 Absa ATM cash withdrawals
      • 5 Absa ATM cash deposits
      • Unlimited card swipes
      • Unlimited electronic payments
    • Any unused transactions will roll over for one month
    • Free NotifyMe, where we immediately alert you to activities on your account via SMS or e-mail
    • 50% discount on your spouse or life partner’s monthly fees if they have a Value Bundle account option
    • Up to 50% discount on your monthly fee if you keep a positive balance in your account

    Apply now

    Apply now

  • Islamic Platinum Value Bundle

    This is a Shari’ah compliant product based on a Qardh structure, offering a full banking Platinum transactional account with a Value Bundle pricing option.

    Qualifying criteria

    • Earn a gross income of R25 000 or more per month
    • Valid, bar-coded South African identity document
    • Proof of residence
    • Latest proof of income (Salary advice) or latest 3 (three) months’ bank statements

    Choose the Value Bundle for just R149 per month, and you’ll also get:

    • A bundle of FREE transactions:
      • 7 Absa ATM cash withdrawals
      • 5 Absa ATM cash deposits
      • Unlimited card swipes
      • Unlimited electronic payments
    • Get more value for your money with great device and data deals exclusive to Absa customers
    • We offer you the ability to switch your debit orders absolutely free
    • Lump sum Takaful death benefit to the value of R20 000

    Apply now

    Apply now

Need more help?

For Islamic banking enquiries, give us a call on:

08600 08600

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