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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 …
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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 …
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