Read about the Islamic Savings account
Looking for a savings account that respects your values while giving you flexibility and growth? The FNB Islamic Savings Account is designed with you in mind. It operates on Shari’ah-compliant principles and offers an indicative profit rate of 5.50% per annum.
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Monthly Fees
No monthly management fee.
Tax Implications
Interest (or profit share) earned on your savings account is generally taxable. However, South African residents benefit from an annual interest exemption – R23,800 for individuals under 65, and R34,500 for those over 65 (as of 2025).
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Read about the Islamic Savings account
Looking for a savings account that respects your values while giving you flexibility and growth? The FNB Islamic Savings Account is designed with you in mind. It operates on Shari’ah-compliant principles and offers an indicative profit rate of 5.50% per annum.
Read More
