NRSP Islamic Certificate

A term deposit with 1 month to 5 years tenor with a profit distribution according to the condition of the Islamic certificate

Name of the productNRSP Islamic Certificate
Underlying Islamic modePLS Deposit on Modarba basis
Type of productTerm
Tenors (minimum and maximum)1-month to 5-year
Profit calculationDaily closing balance
Periodicity of Profit distributionAs per terms and conditions of the Islamic Certificate