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.

Profit share
Profit share

Additional profit share may be offered for large investments.

Investment maturity
Investment maturity

You can reinvest the Islamic Term Deposit using Absa Online.

No monthly fees
No monthly fees

No hidden costs means this is an affordable investment product.

Benefits and how to get it

Need more help?

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

Call us on:

0860 111 515

Email us at:

saving@absa.co.za

Visit your nearest branch