| Money Market Instruments |
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Negotiable Islamic Debt Certificate (NIDC)
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NIDC is the Shariah based alternative to the Negotiable Certificate of Deposit (NCD) currently offered by the conventional banks
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Nominal value from a minimum of RM100,000 to a maximum of RM10,000,000 per certificate
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Defined agreed tenure from a minimum of 1 month (in days) up to a maximum of 10 years
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