Islamic property account

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< R10m annual turnover

For My Business

> R10m annual turnover

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For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

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Additional features

Choose a tailored package to suit your unique business needs
These services come with no subscription charges
An electronic platform designed to help you manage the money in your business accounts by means of instant SMS or email messages
An easy-to-use, integrated and instant accounting solution which uses your FNB electronic bank statement to do your bookkeeping automatically every night
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No need to wait for paper statements in the post
A FREE account for ring-fencing funds
Choose which options suits your business requirements best
Client-approved and authorised movements of funds take place
Specially designed for businesses. These provide summarised and detailed information
In respect of all FNB Islamic fees charged to the account - making your life easier when it comes to tax
Available in paper format or via email
Accounts have a unique number which does not change for the lifetime of the account
Client-selected limits and transaction type controls with Islamic Business Debit Cards

Islamic residential and commercial property finance

Finance your property in a Shari'ah compliant way

Shari'ah compliant wealth management and investments

What this is
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What this is

Products to meet your needs

A product that is based on a Diminishing Musharaka agreement. Which allows you to purchase the banks portion up to a period of 20 years
Profits are fixed for 1 year, reviewed annually
Re-financing options on paid up property
Eligibility to purchase additional units of the banks portion at anniversary date
The Islamic Banking Base Rate (IBBR)* is 10.25%.

*This refers to the FirstRand Group IBBR.

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