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Innovation rooted in tradition
Compliant cutting edge banking facilities for your business.
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Shari’ah-compliant Banking for your Business

Experience a combination of centuries of thoughtful economic principles and today’s essential financial services when you apply for our Shari’ah-compliant offerings that take your business seriously.


Shari’ah-compliant banking – based on the economic principles and philosophies of the Shari’ah - is not only for Muslims. Shari’ah-compliant banking is for anyone who wants to do their banking differently.

Our Shari'ah offerings for your business
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Savings and Investment for your business

Prepare for the future of your business with our Shari’ah-compliant Savings and Investment accounts.

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Merchant Capital Shari’ah cash advance

Merchant Capital is a leading provider of alternative working capital solutions to SMEs in South Africa, having assisted thousands of retail businesses with millions in funding. A Shari'ah-compliant option is now availabl

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Shari’ah-compliant Fleet Management

Manage your fleet of vehicles with our Shari'ah compliant fleet management solutions

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Shari’ah compliant Forward Exchange Contracts (FEC)

Hedge your Foreign Exchange risks with a range of Shari'ah Compliant contracts.

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Shari’ah Commercial Property Finance

Apply for cutting edge Shari’ah compliant commercial property finance today.

Get in touch

Need to find out more about Shari'ah-compliant banking for your business? Speak to one of our dedicated experts.

To ensure that everything we do is in compliance with Shari’ah and internationally accepted best practices, our Independent Shari’ah Advisory Committee are scholars of international repute and include:
Tauha Karaan

Sheikh Tauha Karaan lectured in Fiqh and Hadith at the Islamic College of Southern Africa. He is the founder and principal of Dār al-‘Ulūm al-Arabiyyah al-Islāmiyyah in Strand, Cape Town.  

He’s also the Head of the Fatwa Committee and Deputy Qadhi (Judge) of the Muslim Judicial Council in Cape Town. He graduated Cum Laude in Islamic Studies from the Darul Uloom Deoband in India and completed a post-graduate diploma at the Higher Institute of Islamic Studies in Cairo.  

The Sheikh currently serves on the Shari’ah Boards of Takaful Africa, Alexander Forbes, Kagiso Asset Management, Sanlam Private Investments and Absa Islamic Banking. 

Zaid Haspatel

Mufti Zaid completed his Aalim Faadhil (with distinction) and his Iftaa at Darul-Uloom Zakariyya.  He currently lectures at Darul-Uloom and participates in the Iftaa department.  

He currently serves on the Shari’ah Boards of Sentio Capital Management, 27Four Investment Managers and FNB Islamic Banking.  

Muhammad Aamir Abdullah

Mufti Aamir has several qualifications and joined the Standard Bank Shari’ah Advisory Committee as his first Board placement. 

His qualifications include Aamil Faadhil; Iftaa; a bachelor’s degree in Arabic and Islamic Studies. He has also completed CIMA’s Islamic Banking, Takaful and Commercial Law programs and is currently completing his Masters in Islamic Studies through UNISA.  


Download a pdf of our compliance certificates