Based on the Mudarabah principle, the Islamic Term Deposit is a Shari'ah-compliant investment option.
This fixed deposit account offers a competitive return that will vary according to the investment period that you select (8 days to 5 years). The Islamic Term Deposit renders a profit share on a minimum opening deposit of R1 000 and, with no hidden costs or monthly fees, it is an affordable investment product.
Benefits and how to get it
- For individuals or businesses
- Investment periods from 8 days to 5 years
- No deposit and admin fees