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Shari’ah Fixed Deposit Account

Shari’ah Fixed Deposit Account

Based on the Shari’ah principle of Mudharabah


  • Invest in funds according to the tenets of Shari’ah
  • Pre-agreed profit sharing ratio

R500 000 minimum opening deposit

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About a Shari’ah Fixed Deposit Account

How it works

How it works

  • R500 000 minimum opening deposit
  • A lump sum will be invested for a fixed period of time from 30 days up to 5 years
  • The bank and the client enter into a profit sharing agreement.
  • Profit is shared according to a pre-agreed profit sharing ratio
  • The bank will invest the clients’ funds in Shari’ah Compliant Assets
What you get

What it costs

  • There are no monthly management fees on this account
  • No cash desposits (funds must be paid from a Standard Bank account)

What this means for you

  • Choose a maturity date from 30 days up to 5 years to match your investment goals
  • Peace of mind banking for your business, keeping in line with your religious principles

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