It’s never too early to start banking. What better way to instil positive money management skills into young adults than by opening a bank account. Absa Islamic Banking's youth account provides under 20s the precise materials needed to understand their finances and experience of becoming responsible money savers. The Islamic Youth Account is an innovative combination of a transactional and savings account.

Islamic youth account card
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No monthly charges

Get an Islamic Youth Account to suit your everyday needs and pay no monthly charges.

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

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Annual Profit Share

The calculation of profit share is aligned to the principle of Shari’ah laws.

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Discounted food voucher

Get a discount voucher to be redeemed at McDonalds, Wimpy, Burger King or Nando's.

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Free data monthly

Get 100MB free data a month through MTN, Vodacom, Cell C and Telkom.


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Kidz activity

Free monthly Kidz activities lesson (Aquatots, MiniChess, Young Engineers and more)

  • What you need to open your account

    Youths between the ages 16 to 20 years

    • Original birth certificate, a valid bar-coded South African ID, Temporary ID or a valid passport with a valid visa for foreign nationals  
    • Proof of residence not older than three months (e.g. utility bill or cellphone statement)

    Minors under the age of 16

    • Original unabridged birth certificate (for abridged certificates – also include one of the listed documents*) or valid passport with a valid visa for foreign nationals  
    • Parent or guardian's proof of residence not older than three months (e.g. utility bill or cellphone statement)
    • Parental consent to open and manage the account
    • Parent or guardian's original bar-coded ID or Temporary ID or a valid passport with visa for foreign nationals

    *Children raised by a grandparent/guardian/relative and abridged birth certificate holders

    • Proof of Legal Guardianship
    • A dated letter from an Islamic authority or municipal official of the area confirming guardianship of the child; or
    • A dated letter from the school the minor attends confirming the unofficial guardian or single parent; or
    • A dated letter from the hospital confirming they have record of single mother giving birth to said minor child
  • What you get

    No monthly fee for your account

    The following transactions are free on your Islamic Youth account:

    • Absa ATM cheque deposit
    • First R500 cash deposited at an Absa ATM or Cash Acceptor
    • Cash withdrawals at an Absa ATM
    • Debit card purchases
    • Tap-and-Go purchases with your debit card
    • Prepaid top-ups via Absa channels
    • Stop orders and internal debit orders
    • Electronic funds transfers
    • eStatements
    • Account activity notification via sms/email

    Please note that some transactions will be charged at the standard pay-as-you-transact fee. For more information, you can refer to the pricing brochure or visit your nearest branch.

    If you meet the pre-determined criteria , you have access to the following free value-adds every month:

    • 100MB of data
    • Food voucher to be redeemed at McDonalds, Wimpy, Burger King or Nando’s. The onus is on you to please verify the Halaal certification status of restaurants beforehand
    • First lesson per month free for a Kidz activity, those things kids love to do (Aquatots, MiniChess, Young Engineers and more)

    Terms and conditions

  • Account features

    • Direct access to your money – you don’t need to carry cash
    • Withdraw money from Absa ATMs worldwide
    • Withdraw cash at selected retailers (Pick ‘n Pay, Shoprite Checkers, etc.)
    • A banking solution that is compliant with Shari'ah law
    • A debit card that is accepted countrywide and worldwide where the Visa logo is displayed
    • A convenient 24-hour self-service access through Absa Online, mobile banking app and telephone banking
    • Get 24/7 access to the largest ATM network in South Africa
    • International transactions can be performed (at a cost) and Absa will impose an offshore transactional limit equal to the pre-determined value per calendar year for clients under the age of 18, as prescribed by the SARB.
  • Get this extra benefit on your account

    • An annual profit share calculated at Absa’s financial year-end (31 December) paid into your account on 25 January of the following year
    • Transacting using a chip debit card is smarter, faster and more convenient. Learn more about debit card benefits

    Not the right choice for you? Try our Islamic savings account.

  • How to apply

Need more help?

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

Call us on:

0860 000 786

Email us at:

Visit your nearest branch