Islamic Dynamic Deposit is a flexible account that allows you to choose your deposit amount, your investment term, and how much money you want immediate access to.

Exclusive Deals
Profit share

Choose your profit share to be paid
into another account or capitalised
to your Islamic Dynamic Deposit
account monthly.

Value-adding insurance
Investment access

Access to some of your Mudarabah funds with the minimum being 10 % and the maximum being 50% during the Term.

Value-adding insurance
No monthly fees

No hidden costs means this is an affordable investment product.

Benefits and how to apply

  • What you need

    • Your ID book or Smart ID
    • Proof of residence (not older than 3 months)

  • What are the features

    •  The minimum opening investment is from R1 000
    • Choose a flexible investment term from 8 days to 60 months
    • Choose to have immediate access to 0%, 10%, 20%, 30%, 40% or 50% of your funds during the investment term
    • Choose to receive your profit share paid out or capitalised monthly 
    • You pay no monthly admin fees
    • Seniors 55 years or older, may receive an additional Senior bonus rate which may be automatically included for qualifying deposits

View our rates and feesCompare solutionsApply now

Need more help?

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

Call us on:

0860 111 515

E-mail us at:

saving@absa.co.za 

Visit your nearest branch