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Shari'ah fixed deposit investment account

Savings and investment Shari'ah banking

Save a lump sum for a fixed term in a Shari’ah compliant investment account.

Some of the benefits

Once-off deposit


Make a single deposit and share in the resulting profit

Short or long term

Choose your investment period, from 33 days to five years

Partnership

Mudharaba profit-sharing model splits the gain on a 50/50 basis
Shari’ah Fixed Deposit investment account indicative profit rates

View the indicative profit earned per account balance band

What you get
  • A Shari’ah-compliant savings product
  • 33 days to 5 years to invest
  • Link your bank card for access in-app, online, at ATMs or your phone

See Shari’ah Fixed Deposit T&Cs
See general T&Cs

How it works
  • Weightage means the longer you invest the higher your return
  • Profit is calculated using the average daily balance
  • Profit is paid only at maturity
What it costs
  • No monthly fees
  • Early withdrawal fees apply
How to get it

What you’ll need

  • ID copy (or passport if not an SA 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
  • How it works
  • What it costs
  • How to get it
  • A Shari’ah-compliant savings product
  • 33 days to 5 years to invest
  • Link your bank card for access in-app, online, at ATMs or your phone

See Shari’ah Fixed Deposit T&Cs
See general T&Cs

  • Weightage means the longer you invest the higher your return
  • Profit is calculated using the average daily balance
  • Profit is paid only at maturity
  • No monthly fees
  • Early withdrawal fees apply

What you’ll need

  • ID copy (or passport if not an SA citizen)*
  • Proof of residence not older than 3 months

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

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1

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2

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3

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