Descriptive statistics of FinTech index and expectile value-at-risk (EVaR) for Islamic banks in MENA countries
| Countries | Variable | Mean | Median | Maximum | Minimum | Std. dev | Skewness | Kurtosis | Jarque-Bera | Prob |
|---|---|---|---|---|---|---|---|---|---|---|
| Bahrain | FinTech Index | 96.84 | 95.22 | 133.15 | 58.61 | 22.13 | −0.25 | 4.92 | 4.38 | 0.071 |
| EVaR | 2.28 | 5.01 | 36.45 | −33.72 | 1.54 | −0.29 | 3.19 | 4.49 | 0.178 | |
| Egypt | FinTech Index | 166.32 | 161.45 | 190.77 | 130.12 | 21.16 | 0.10 | 5.41 | 10.95 | 0.142 |
| EVaR | 4.21 | 0.11 | 38.58 | −21.05 | 1.39 | 0.18 | 4.91 | 10.08 | 0.028 | |
| UAE | FinTech Index | 94.27 | 83.19 | 118.92 | 52.35 | 17.32 | −0.51 | 5.11 | 12.84 | 0.118 |
| EVaR | 2.89 | 8.97 | 24.66 | −25.44 | 0.59 | −0.08 | 3.14 | 11.61 | 0.062 | |
| Jordan | FinTech Index | 187.90 | 184.53 | 220.14 | 156.43 | 15.38 | 1.19 | 4.06 | 8.08 | 0.156 |
| EVaR | 4.36 | 12.64 | 32.03 | −34.92 | 0.86 | 0.63 | 4.48 | 2.58 | 0.193 | |
| Kuwait | FinTech Index | 168.75 | 166.28 | 204.22 | 145.40 | 23.61 | 0.35 | 5.27 | 5.24 | 0.045 |
| EVaR | 4.58 | 6.89 | 27.32 | −18.88 | 0.85 | −0.64 | 2.61 | 5.08 | 0.188 | |
| Pakistan | FinTech Index | 154.82 | 152.03 | 185.13 | 118.55 | 26.02 | 1.07 | 4.22 | 9.82 | 0.189 |
| EVaR | 2.43 | −2.01 | 42.50 | −25.84 | 1.46 | −1.12 | 4.39 | 8.14 | 0.187 | |
| Qatar | FinTech Index | 166.07 | 173.91 | 185.64 | 138.74 | 27.42 | 0.29 | 3.52 | 11.11 | 0.018 |
| EVaR | 1.78 | −3.79 | 34.02 | −28.92 | 0.63 | 0.38 | 3.42 | 3.96 | 0.153 | |
| Saudi Arabia | FinTech Index | 178.22 | 170.95 | 212.47 | 138.39 | 12.25 | −0.09 | 2.64 | 4.47 | 0.183 |
| EVaR | 3.02 | 8.69 | 40.55 | −17.03 | 0.38 | −0.61 | 5.39 | 12.92 | 0.046 | |
| Tunisia | FinTech Index | 142.95 | 139.84 | 179.22 | 115.03 | 31.05 | −0.15 | 4.29 | 11.04 | 0.098 |
| EVaR | 1.66 | 8.75 | 30.10 | −29.98 | 1.46 | 0.50 | 5.23 | 10.72 | 0.130 | |
| Turkey | FinTech Index | 146.71 | 139.92 | 170.54 | 111.53 | 15.92 | 0.68 | 3.43 | 13.52 | 0.149 |
| EVaR | 3.89 | −5.02 | 28.12 | −32.61 | 1.11 | 0.06 | 4.87 | 4.05 | 0.139 |
| Countries | Variable | Mean | Median | Maximum | Minimum | Std. dev | Skewness | Kurtosis | Jarque-Bera | Prob |
|---|---|---|---|---|---|---|---|---|---|---|
| Bahrain | FinTech Index | 96.84 | 95.22 | 133.15 | 58.61 | 22.13 | −0.25 | 4.92 | 4.38 | 0.071 |
| EVaR | 2.28 | 5.01 | 36.45 | −33.72 | 1.54 | −0.29 | 3.19 | 4.49 | 0.178 | |
| Egypt | FinTech Index | 166.32 | 161.45 | 190.77 | 130.12 | 21.16 | 0.10 | 5.41 | 10.95 | 0.142 |
| EVaR | 4.21 | 0.11 | 38.58 | −21.05 | 1.39 | 0.18 | 4.91 | 10.08 | 0.028 | |
| UAE | FinTech Index | 94.27 | 83.19 | 118.92 | 52.35 | 17.32 | −0.51 | 5.11 | 12.84 | 0.118 |
| EVaR | 2.89 | 8.97 | 24.66 | −25.44 | 0.59 | −0.08 | 3.14 | 11.61 | 0.062 | |
| Jordan | FinTech Index | 187.90 | 184.53 | 220.14 | 156.43 | 15.38 | 1.19 | 4.06 | 8.08 | 0.156 |
| EVaR | 4.36 | 12.64 | 32.03 | −34.92 | 0.86 | 0.63 | 4.48 | 2.58 | 0.193 | |
| Kuwait | FinTech Index | 168.75 | 166.28 | 204.22 | 145.40 | 23.61 | 0.35 | 5.27 | 5.24 | 0.045 |
| EVaR | 4.58 | 6.89 | 27.32 | −18.88 | 0.85 | −0.64 | 2.61 | 5.08 | 0.188 | |
| Pakistan | FinTech Index | 154.82 | 152.03 | 185.13 | 118.55 | 26.02 | 1.07 | 4.22 | 9.82 | 0.189 |
| EVaR | 2.43 | −2.01 | 42.50 | −25.84 | 1.46 | −1.12 | 4.39 | 8.14 | 0.187 | |
| Qatar | FinTech Index | 166.07 | 173.91 | 185.64 | 138.74 | 27.42 | 0.29 | 3.52 | 11.11 | 0.018 |
| EVaR | 1.78 | −3.79 | 34.02 | −28.92 | 0.63 | 0.38 | 3.42 | 3.96 | 0.153 | |
| Saudi Arabia | FinTech Index | 178.22 | 170.95 | 212.47 | 138.39 | 12.25 | −0.09 | 2.64 | 4.47 | 0.183 |
| EVaR | 3.02 | 8.69 | 40.55 | −17.03 | 0.38 | −0.61 | 5.39 | 12.92 | 0.046 | |
| Tunisia | FinTech Index | 142.95 | 139.84 | 179.22 | 115.03 | 31.05 | −0.15 | 4.29 | 11.04 | 0.098 |
| EVaR | 1.66 | 8.75 | 30.10 | −29.98 | 1.46 | 0.50 | 5.23 | 10.72 | 0.130 | |
| Turkey | FinTech Index | 146.71 | 139.92 | 170.54 | 111.53 | 15.92 | 0.68 | 3.43 | 13.52 | 0.149 |
| EVaR | 3.89 | −5.02 | 28.12 | −32.61 | 1.11 | 0.06 | 4.87 | 4.05 | 0.139 |
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