Achieve capital growth through ethical investing

The Absa Islamic Investment Plan is a versatile investment vehicle that caters for the achievement of diverse investment objectives. We provide you with personal control over your investment portfolio.

All investments under this platform are managed in accordance with Shari’ah law.

What is it?

A diversified portfolio of funds selected from a range of Shari’ah compliant unit trust and exchange traded funds.

Flexible

Switch between investment options and adjust your strategy as needed

Accessible

Withdrawals and additions are allowed according to relevant terms

Liquid

This investment can be ceded during the investment term

What can it do for me?

Islamic Finance is fast gaining traction with over 70 countries now offering products and investment vehicles for various purposes. It is an alternative to conventional investments that is available to anyone who seeks a different approach to financial services.

Greater versatility

Create an investment portfolio that suits your circumstance and goals

xxMultiple investment options

Gain access to an independent range of investment options

More in-depth analysis

Greater analysis is applied, potentially helping you avoid risks

What does it cost?

The annual fees are calculated on the market value of the units held in the fund. Financial adviser initial and annual review fees are negotiable between you, the investor, and the financial adviser selected. Absa Investment Management fees are general reviewed on an annual basis.

Minimum investment

Minimum monthly debit

R 500pm

Minimum lump sum investment

R 50 000

Additional investments

R 10 000
Fees and charges

Fees and charges

Fees are split into two categories:

• Initial administration fees

• Annual administration fees

A schedule setting out the current fee structure is available on request from Absa Investment Management and is detailed in the application form.
Tax implications

• Any Non-Permissible Income (“NPI”), according to Shari’ah Law, earned in any of the underlying unit trust shall be donated to charity.

• You accept that you have no right to receive such proceeds.

• By investing in this Shari’ah Compliant Product you agree that such NPI does not belong to you, such NPI has not accrued to you, such NPI shall not be received by you, and that you shall never have a future claim for this amount.

• Taxation of individuals will depend on their personal circumstances and they should take independent tax advice.

Download our investment application form

1. Download our investment application form.

2. Complete the form and gather the required documentation.

3. Fax the documents to 0861 339 265 or email them to applications@absainvestments.co.za