South Africa
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Shari’ah Banking for everyone
Experience banking designed for anyone seeking an approach to finance rooted in Islamic Banking principles.

 

GET IN TOUCH
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What do you get from Shari’ah Banking?

An alternative approach to banking based on fairness, transparency, and shared responsibility. Focusing on investments and profit-sharing that adhere to the principles of Islamic Banking.

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Principled philosophy
An alternative financial system, open to all who want to bank differently and follow Shari’ah principles with their finances.
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Compliant services
A portfolio of personal and business banking services approved by our Shari’ah Advisory Committee.
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Diners Club
Discover the exclusivity of Diners Club designed according to Shari'ah principles and enjoy access to a world of lifestyle and travel benefits.
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Peace of mind
Our products and services are reviewed by a committee of learned scholars to ensure continued fairness and compliance. 
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Sound Investments
You’re assured of interest-free savings, and investments that don’t participate in alcohol, tobacco, and arms industries.
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Earn UCount Rewards
Get rewarded for banking with our trusted rewards programme, reviewed and approved by the Shari’ah Advisory Committee.
Shari’ah Compliant Savings and Investments

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All

Shari'ah Fixed Deposit

Get an investment account that is based on the Mudarabah principle. Save a lump sum for a fixed term to earn competitive profit share.

R1 000
Opening deposit
At maturity
Access To Funds
Up to 8.90%
Indicative profit rate
Zero
Monthly fees

Shari’ah Call Account

Open a Shari’ah Call Account today and earn a share of profit on your positive balance

R100
Opening deposit
Anytime
Access To Funds
Up to 6.50%
Indicative profit rate
Our personal offerings
Shariah
Diners Club Shari’ah Charge card

Get travel, lifestyle and insurance benefits that will take your private banking experience to the next level.

Shari’ah Fiduciary Solutions
Shari’ah Fiduciary Solutions

At Standard Trust Limited, our range of unique Shari'ah Fiduciary Solutions hold true to the Shari’ah principles of tradition and innovation, assisting you in achieving peace of mind through careful planning.

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SharI’ah Banking Compliance

Download a pdf of our compliance certificates

Get to know the Shari’ah Advisory Committee

Mufti Zaid Haspatel

Mufti Zaid Haspatel completed his BA/MA Aalim course with distinction, followed by the Iftaa course at Darul Uloom Zakariyya, specialising in Islamic jurisprudence and the issuance of Fatwas (Islamic legal verdicts). Since graduating, he has been a lecturer at Darul Uloom Zakariyya and remains actively engaged in the field of Iftaa, with a particular emphasis on Islamic finance. He also serves as a Shari’ah Advisor to several leading financial institutions, including First National Bank, Standard Bank, Nedbank, Investec Bank, TymeBank, Alexander Forbes, 27Four and Sentio Capital.

Mufti Yusuf Suliman

Mufti Yusuf Suliman consults with various Islamic financial institutions globally and is accredited by AAOIFI as a Shari’ah advisor and auditor. He developed Islamic Banking learning material for Islamic financial institutions in South Africa and is a member of the Shari’ah Advisory Committees of Islamic banks, asset managers and Takaful companies. He has certificates in Qadhaa (adjudication) from Imarat Shari’ah, India, and Iftaa (issuance of Islamic verdicts) from Darul Uloom Zakariyya, South Africa. 

Qari Mohamed Sauleh Peck
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Qari Mohamad Sauleh completed his degree in Higher Islamic Education, Aalim Faadhil (with distinction) as well as Iftaa at Darul Uloom Zakariyya with specialisation in the Quranic field of Qira-āt. He established the Fatimah Institute in Houghton for women to gain knowledge of the Qur'an and specialise in the sciences of Arabic morphology, syntax, Quranic exegesis, Hadith and Jurisprudence. He has been a lecturer at Darul Uloom Zakariyya since 1998.  He is the Director of Ma’had Al Imam Al Rafi’i Institute for Higher Islamic Sciences, specialising in Shafi’i jurisprudence. He is currently the senior Imam at the West Street Masjid in Houghton, Johannesburg.

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