Islamic Private banking
Recommended income
R62 500 pm
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Benefits

 

Easy access to credit

Priority services

Access to a virtual suite, priority services at selected branches and Private Banking suites.

Earn attractive interest rates

Customised solutions

Get personalised financial solutions and a comprehensive range of benefits.

Lump sum death benefit included

Wealth creation and preservation

Advice on solutions to help you grow, protect and preserve your wealth.

Lump sum death benefit included

Concierge services

Get assistance for all your personal needs while you enjoy your me time.

What you need to know

  • Features

    • Free unlimited transactions 
    • Absa ATM cash deposits 
    • Absa ATM cash withdrawals 
    • Digital account and beneficiary payments
    • Internal and external debit and stop orders
    • Digital linked-account fund transfers and internal payments  

  • More benefits

    • Free access to Bidvest Premier lounges at domestic and international departure terminals
    • 6 complimentary visits per year to international lounges through LoungeKey for you and a guest 
    • Get a Multi-Currency Cash Passport and load up to seven currencies.
    • Visa assistance 
    • Meet-and-greet services at international airports
    • Travel insurance 

     

  • What it costs

    • Islamic Private Banking: R500 per month
    • Islamic Private Banking for Young Professionals: R300 per month
    • Spouses get 100% discount 

  • What you need to apply

    To open an account, you need the following: 

    • Minimum income of R750 000 per annum 
    • Valid South African ID, passport or work permit
    • Proof of residence not older than three months (e.g. a utility bill or cellphone statement)
    • Proof of income

Celebrating 20 years of shared values

For two decades, individuals and businesses have trusted Absa Islamic Banking for award‑winning Islamic finance solutions aligned to their values.

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islamic banking 20yrs

What are you looking for?

Islamic Youth

Islamic Youth account
Monthly fee
R0
Opening deposit
R10
Kickstart your financial journey and save for your future today.
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Islamic Premium Banking

Islamic Premium Banking
Monthly fee
R240
Recommended income
R25 000 pm
Get 50% off your spouse’s Premium Banking monthly fee and a FREE Islamic Will to secure your family’s future.
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Need more help?

Let one of our consultants help you with your Islamic banking enquiries.

Call us on: 0860 000 786

Email us at: islamicbanking@absa.co.za 

Visit your nearest branch