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4.5 Government Investment Certificates (GIC):

4.5 Government Investment Certificates (GIC):. Government Investment Certificates (GIC) are new instruments that has been introduced since 2003. Learning from experiments with earlier instruments CMC and GMC as well as changed economic needs are

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4.5 Government Investment Certificates (GIC):

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  1. 4.5 Government Investment Certificates (GIC): Government Investment Certificates (GIC) are new instruments that has been introduced since 2003. Learning from experiments with earlier instruments CMC and GMC as well as changed economic needs are behind the development of this new instrument. Major Differences between Government Musharakah Certificate (GMC) and Government Investment Certificate (GIC) are: 77

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