Close
EN
BM

Personal

Business

Services

Negotiable Islamic Debt Certificate (NIDC)

Services

Negotiable Islamic Debt Certificate (NIDC)

Features
  • It is a certificate of debt issued by the bank andnegotiated on issuance. NIDC is offered eitherbased on the Shariah principle of Tawarruq or Bai’ ‘Inah;
  • Tenors of issuance vary from 1 month to 5 years with returns closely related to the interbank market rates
  • Minimal nominal amount issued is RM 5.0 million
  • NIDC offers fixed return over the entire tenor of the investment

You might also be interested in

Fixed Term Account-i
Foreign Currency Deposit
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.8900002.7310002.715000
BRUNEI DOLLARBND3.4230003.2240003.213000
CANADIAN DOLLARCAD3.1880003.0730003.056000
SWISS FRANCCHF5.1360004.9120004.894000
EURO EUR4.8310004.5620004.540000
STERLING POUNDGBP5.7830005.5270005.518000
NEW ZEALAND DOLLARNZD2.6660002.4750002.460000
SINGAPORE DOLLARSGD3.4230003.2240003.223000
UNITED STATES DOLLARUSD4.6430004.3920004.375000

2024-12-20 08:45:46