Cevik, Serhan; Charap, Joshua - In: International Journal of Economics and Financial Issues 5 (2015) 1, pp. 111-124
profit-and-loss sharing (PLS) investment accounts in Malaysia and Turkey, using monthly data from January 1997 to August 2010 …-varying volatility of conventional bank deposit rates and PLS returns is correlated and is statistically significant. The pairwise and … multivariate causality tests show that conventional bank deposit rates Granger cause returns on PLS accounts. These findings have …