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