Read about the Islamic Term Deposit account

If you’re looking for an investment that’s not only secure but also aligns with Islamic banking principles, the FNB Islamic Term Deposit is an ideal choice. With profit-sharing instead of interest, your funds are invested in Shari’ah-compliant opportunities, and you earn predictable, fair returns over a term that suits you.

Islamic Term Deposit

Last updated: June 6, 2025

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Interest Rate

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Access to funds

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Opening Deposit

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Monthly Fees

No monthly management fee.

Tax Implications

• While the account is Shari’ah-compliant and avoids traditional interest, the profit you earn is still subject to South African tax laws.
• Any profit earned may be included in your annual income and must be declared in your tax return.

Read about the Islamic Term Deposit account

If you’re looking for an investment that’s not only secure but also aligns with Islamic banking principles, the FNB Islamic Term Deposit is an ideal choice. With profit-sharing instead of interest, your funds are invested in Shari’ah-compliant opportunities, and you earn predictable, fair returns over a term that suits you.

Read about the Islamic Term Deposit account

Islamic Term Deposit

Interest Rate

Access to funds

Opening Deposit

Monthly Fees

Tax Implications

Read about the Islamic Term Deposit account

What you need to apply

Savings Calculator

What you need to apply