Islamic Cheque Accounts

The following accounts offer no credit or debit interest and no overdraft facility. These are Shari’ah compliant transactional accounts offered by Absa and FNB:

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Account Info

Account Name FNB Islamic Personal Cheque Account
Absa Islamic Gold value bundle
Monthly Fee R100 (Unlimited Pricing option) R98
To qualify for this account you need to earn R8,333 pm (R100,000 pa) R3,000 pm

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Which account is most suitable for me?

As far as we are concerned, ABSA does not offer FNB any competition in this field. With two pricing options available, generally cheaper transaction fees as well as free airtime top ups at your banks ATM, the FNB Islamic youth account is clearly the better option here.

The ABSA Islamic youth account does however offer a few additional benefits, one of which being a profit share system.

Reviews

ABSA -

03-06-2019

FNB -

30-05-2019

FNB -

Forex

Lianagainsford 21-10-2017

FNB -

Lianagainsford 21-10-2017

ABSA -

11-10-2017

NEDBANK -

2017 30-08-2017

ABSA - online banking

can some one tell me if you can open an account online if you not SA citizen and you live offshore?

ronaldndenda 30-08-2017

ABSA -

ronaldndenda 30-08-2017

ABSA - Student loan

Can i be please granted with a student loan i need to further my studies next year.

Moshiliabne 21-08-2017

FNB - Credit Card Fraud on a card i hadn't received yet

I upgraded my credit card and fraud happened on the card that was still with the couriers and they had linked my cheque card to that card as well and transactions were done also from the cheque account. My question was who linked my cheque card to a credit card that i hadn't received yet and i was given lousy excuses, no apology from the bank what so ever. I then decided to closed both my cheque account and credit card and I want nothing to do with the bank anymore. They might have the best self service channels but their contact centre sucks. bad service, consultant drop calls and are very rude. I wonder if tehy listen to their calls or if they have Quality Assurance. But hey i'm happy with the bank i choose after them. They treat me like i'm their only customer.

18-08-2017

CAPITEC BANK -

Kati 02-08-2017

ABSA -

27-07-2017

ABSA -

27-07-2017

Standard Bank -

27-07-2017

Standard Bank -

27-07-2017

ABSA -

27-07-2017

ABSA -

27-07-2017

ABSA -

27-07-2017

ABSA -

27-07-2017

ABSA -

27-07-2017

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