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Shari'ah fixed deposit investment account

Save a lump sum for a fixed term in a Shari’ah compliant investment account.
R
2 000
opening deposit
At maturity
Access to Funds
9.00%
indicative profit rate up to
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
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
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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
- 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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