Shari’ah Call Account

Some of the benefits

Flexibility

Save your money whenever you want to. No penalties apply

Consistency

Earn a share of profit on your positive balance

Monthly payout

Choose to transfer your monthly profit share into any account of your choice

Shari’ah Personal Call Account indicative profit rates

Shariah compliant call account

Indicative profit rates from 26 May 2023

Balance band	Monthly Indicative Profit Rate
R0 -R9,999	1,50%
R10,000 -R19,999	3,10%
R20,000 -R99,999	4,15%
R100,000 -R249,999	4,65%
R250,000 -R499,999	5,00%
R500,000 -R1,000,000	5,75%
R1,000,000 -R4,999,999	6,25%
R5,000,000 -R19,999,999	6,75%
R20,000,000 plus	7,25%

*Please note that the weightage rate and profit sharing rate has already been included in the indicative profit rates displayed above.

What you get

Earn a profit share based on your account balance
Profit is calculated and paid monthly on your average daily balance

Shari’ah Personal Call T&Cs
General terms and conditions

What it costs

No monthly fees
Cash deposit fees apply
Free inter-account transfers if you bank with us

See 2024 pricing guide

How to get it

Apply online:

Register or sign into Internet Banking
Click on the Save & Invest tab
Select Browse and navigate to Shari’ah Personal Call Account
Click on Get Account and follow the simple steps

Apply on the app:

Download the Standard Bank App or sign in
Click on More and then select Open a new account
Click on Savings and Investment
Scroll down until you see Shari’ah Personal Call Account
Select Open and follow the simple steps

Documents required:

Copy of South African ID (or passport if you’re not a South African citizen)*
Proof of residence not older than 3 months

^{*If you’re a minor, you’ll need the consent of your parent or guardian}

What you get
What it costs
How to get it

Earn a profit share based on your account balance
Profit is calculated and paid monthly on your average daily balance