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.

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Get started with a Shari’ah compliant account

Shari'ah compliant
Shari'ah compliant

Transfer cash, make payments and be confident that all of the services are Shari'ah compliant.

Direct access
Direct access

Your debit card can be used to withdraw money worldwide - you don’t need to carry cash.

Get Rewards
Get Rewards

Earn cash Rewards on all qualifying transactions every time you swipe your debit card.

How to get it and what you can expect:

To open an Islamic Gold Value Bundle you will need:
  • To earn a gross income of R10 000 or more per month
  • A valid, bar-coded South African identity document or valid passport
  • Proof of residence
  • Proof of income (salary advice) or latest 3 (three) months’ bank statements
Account benefits

If you want a full service cheque account with a choice of bundled pricing, this is the account for you.

  • No monthly subscription fees for Absa Online, Telephone Banking and Cellphone Banking
  • Free monthly e-statements
  • Free electronic transfers between your linked accounts and internal payments
  • Free internal debit orders
  • Free internal and external stop orders
  • Get more value for your money with great device and data deals exclusive to Absa customers
  • You can apply for a Gold cheque book at an additional cost
  • We offer you the ability to switch your debit orders absolutely free
  • Lump Sum Takaful Death Benefit to the value of R20 000
  • Absa Dining: dine out daily with Absa Dining and get up to R100 off a second main meal at selected restaurants (Halaal restaurants are available, but please verify the Halaal status of restaurants beforehand. We will not be held responsible for the Halaal status of any restaurant).
Choose Value Bundle for just R98 per month, and you will 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 rollover 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
How to use an Islamic account to transact
  • Get a card that can be used for transactions at an ATM and point-of-sale (POS)
  • You get a Islamic Cheque Absa debit chip card with a unique PIN (Personal Identification Number) for added security
  • Shop securely with One-Time PIN transaction verification
  • Use your debit card to check your balance and statement, withdraw, deposit and transfer money at ATMs
  • Visit and register for Absa Online:
    • Instantly set limits to pay beneficiaries
    • Reset a locked or forgotten online password
    • Retrieve your debit PIN online
    • Make immediate interbank payments online
  • You can change your PIN at any Absa ATM or Absa branch
  • Add Absa Rewards and you’ll earn Cash Rewards on all qualifying transactions every time you swipe your debit card
  • Cheque and debit card which can be used worldwide
  • Convenient 24-hour self-service access through Absa Online, mobile banking app and telephone banking
  • Your account number stays the same even if you upgrade your account or transfer to another branch

Need more help?

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

Call us on:

0860 000 786

E-mail us at:

Visit your nearest branch