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NRSP Islamic Certificate

A term deposit with 3 month to 5 years tenor with a profit distribution according to the condition of the Islamic certificate

Name of the product NRSP Islamic Certificate
Underlying Islamic mode PLS Deposit on Modarba basis
Type of product Term
Tenors (minimum and maximum) 3-month to 5-year
Profit calculation Daily closing balance
Periodicity of Profit distribution As per terms and conditions of the Islamic Certificate