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
Should you find yourself in financial difficulty due to the COVID-19 impact and need to access your Notice and Fixed deposit funds. You can call us on 0860 111 515 or email firstname.lastname@example.org. For the safety of our staff and to meet the social distancing requirements, we will be operating with skeleton staff during the lockdown period, please expect a delayed response.