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.

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Get started with a Shari’ah compliant account

Shari'ah compliant

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

Annual Profit Share

Get annual profit share paid into your account every year.

Platinum Adviser

Manage and grow your wealth with a Platinum Financial Adviser available to help you.

Get Rewards

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

To open an Islamic Platinum Value Bundle you will need:
  • To earn a gross income of R25 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
  • Exclusive access to services and information through a dedicated Platinum line
  • A Platinum Financial Adviser is available to help manage and grow your wealth
  • Platinum Value Bundle account holders that opt for DragonPass airport lounge access proposition at R59 per month, will receive five free visits to DragonPass airport lounges (locally and internationally) per 12 month cycle, as well as discounts at selected airport restaurants and spas & nail bars. DragonPass is not certified as Shari’ah compliant due to third party involvement.
  • 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 order
  • Free internal and external stop orders
Choose Value Bundle for just R149 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
  • Lump sum Takaful death benefit to the value of R25 000
  • 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
  • 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 absa.co.za 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, Cellphone Banking and Telephone Banking
  • Your account number stays the same even if you upgrade your account or transfer to another branch
contact

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:

islamicbanking@absa.co.za

Visit your nearest branch