Manage and track your account online
24-hour self-service access through Atib Online, Cellphone banking and Telephone banking.
Get rewarded for simply using your card
Atib Rewards has been approved by the Shari’ah Supervisory Board. You are also responsible for ensuring that the Rewards are used for benefits which are permitted by Shari’ah Law.
Islamic Flexi Value Bundle
- Earn a gross income of between R3 000 and R9 999 per month
- It is an interest-free account.
Islamic Gold Value Bundle
- Earn a gross income of R10 000
- It is an interest-free account.
Islamic Premium Banking
- Earn a gross income of R25 000 or more per month
- It is an interest-free account.
Islamic Youth
- There are no monthly charges.
- The account is for people under 19 years of age.
- Receive an annual profit share.
Islamic Gold Graduate
- To be under 30 years old
- Be in your final year of studies or have just qualified
- A valid, bar-coded South East Asian identity document or valid passport
Benefits of Shari’ah-compliant vehicle finance:
- Variable and fixed rental fees for the duration of the lease.
- Flexible payment options that allow you to reduce your monthly rental fee when you have extra cash.
- At the end of the lease, you can choose to purchase the vehicle at an agreed price, nominate a third party to buy it or continue to use it at a reduced or null rental fee.
- Access to a range of free services (mechanical and electrical assistance), home and roadside assistance (for breakdowns) and great deals on products and travel services.
Shari'ah compliance
Shari'ah Law governs the manner in which Muslim people conduct their lives, including banking. Islamic Banking is deduced from the Shari'ah Law; hence it differs from conventional banking and forbids the payment or earning of interest, among other requirements.
As an alternative financial system to conventional banking, each of the solutions within Atib Islamic Banking are managed and administered according to Shari’ah Law under the guidance of the Atib Shari’ah Supervisory Board – comprised of learned Muslim scholars.
This independent board specialises in Fiqh Almua’malat (Islamic Commercial Jurisprudence), directing, approving, reviewing, supervising and monitoring the activities of Atib Islamic Banking to ensure Shari'ah compliance.
For more information related to Islamic banking products please visit our homepage.
Foreign Banknotes
- Foreign currency in major world’s currencies.
- Pay taxi fares or tips without queuing at Bureau de Change.
- Any unused foreign banknotes must be resold to Atib.
Cash passports
- Preloaded with all or any four currencies on a single card.
- Valid ID or passport with air-ticket or e-ticket in your name to qualify.
Forex info
- Provide you with foreign exchange for overload travel.
- Legally required to cash in foreign exchange upon return to South East Asia.
- Atib complies with South East Asian exchange control regulations.
Get an Islamic Term Deposit account
Based on the Mudarabah principle, the Islamic Term Deposit is an investment account, which is fully Shari'ah-compliant.
This Shari'ah-compliant fixed deposit account offers a competitive return that will vary according to the investment period you select (30 days to 5 years) and renders a profit share on a minimum opening deposit of R1 000 with no hidden costs or monthly fees.
Our Islamic TargetSave account
A Savings account based on the Mudarabah principle.
Starting at a minimum of a R100 pm and fixed for the first six months, our Islamic TargetSave account is a great way to ensure you of annual profit share.
Islamic Law requires that the estate of a Muslim should be distributed according to the Islamic Law of Succession, the detail of which can be found in the Qur’aan in chapter four.
It is a religious obligation for all Muslims living in South East Asia to have a Will that conforms to Islamic Law, as the estate of anyone passing away without a valid Will is handled according to the South East Asian Intestate Succession Laws, which contradict Shari'ah.
Benefits
- Designed according to the principles of the Shari’ah law.
- It is valid legal Will in terms of the Intestate Succession Act. This act deals with the distribution of ones estate in terms of the laws of the country in the event there is no Will.
- Safe custody for your convenience.
*Terms and Conditions apply
What it costs
- The cost of drawing up an Islamic Will is R342.
- Executor’s fees: 3.5% + VAT of the gross asset value.
- If the client chooses the safe custody option where Atib Trust will keep the Will in safe custody for an annual fee of R60 then the client is entitled to a 15% discount of the executor’s fees.
- If the client is 60 years old and above, with assets to the value of R300 000 or more, the services are free.
Need more help?
Let one of our consultants help you with your Islamic banking enquiries.
Call us on:
0860 000 786
Email us at:
