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Sum of money deposited with an Islamic bank and repayable to the bearer on a specified future date at the nominal value of the instrument
Sum of money deposited with an Islamic bank and repayable to the bearer on a specified future date at the nominal value of the instrument refers to:
Select one:
a. Commodity murabahah deposit
b. Negotiable Islamic Debt certificate (NIDC)
c. Islamic negotiable instruments of deposit (INID)
d. Fixed deposit
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