Cevik, Serhan; Charap, Joshua - In: International Journal of Economics and Financial Issues 5 (2015) 1, pp. 111-124
This paper examines the empirical behavior of conventional bank deposit rates and the rate of return on retail Islamic profit-and-loss sharing (PLS) investment accounts in Malaysia and Turkey, using monthly data from January 1997 to August 2010. The analysis shows that conventional bank deposit...
