Table 2. Descriptive statistics Index...

Table 2.

Descriptive statistics

Index	Mean	Median	Sigma	Kurtosis	Skewness	Range	Minimum	Maximum
Group 1: Indices starting on 03/01/2011
CPU	154,506	145,282	71,471	0.108	0.699	373,197	38,092	411,289
DJSUKUK	0.000002	0.000011	0.000571	14.034	−1.010	0.0102	−0.00588	0.00434
ISLA1V	0.000082	0.000000	0.00103	361.526	4.087	0.0505	−0.0224	0.0281
ISLA5V	0.000067	0.000000	0.000598	582.684	5.788	0.0378	−0.0174	0.0204
ISLA5AV	0.000092	0.000000	0.00107	215.018	1.649	0.0501	−0.0248	0.0253
SBKU	0.000062	0.000082	0.000583	21.764	−1.581	0.0122	−0.00783	0.00438
SBKBU	0.000073	0.000093	0.000540	24.930	−1.857	0.0111	−0.00672	0.00442
Group 2: Indices starting on 31/05/2013
DJSUKB	−0.000006	0.000000	0.000609	11.431	−0.897	0.0103	−0.00598	0.00436
SBKU0P	0.000064	0.000000	0.00225	41.944	0.623	0.0601	−0.0227	0.0374
I30740US	0.000064	0.000046	0.000624	55.317	−1.778	0.0184	−0.0104	0.00796
I38310	0.000054	0.000000	0.000907	156.470	−2.068	0.0334	−0.0218	0.0116
Group 3: Indices starting on 17/02/2017
DJSUKO	−0.000111	−0.000214	0.0195	5.425	0.288	0.236	−0.0972	0.138
JPEIEMSI	0.000055	0.000053	0.000688	25.351	−1.886	0.0135	−0.00878	0.00472
Group 4: Indices starting on 31/01/2020
I37338	0.000032	0.000023	0.000675	6.821	−0.656	0.00824	−0.00451	0.00372
SPSK_USE	−0.000032	0.000000	0.00158	3.558	−0.025	0.0168	−0.00810	0.00869
I35842	0.000048	0.000000	0.00134	325.208	−8.754	0.0514	−0.0325	0.0189

Index	Mean	Median	Sigma	Kurtosis	Skewness	Range	Minimum	Maximum
Group 1: Indices starting on 03/01/2011
CPU	154,506	145,282	71,471	0.108	0.699	373,197	38,092	411,289
DJSUKUK	0.000002	0.000011	0.000571	14.034	−1.010	0.0102	−0.00588	0.00434
ISLA1V	0.000082	0.000000	0.00103	361.526	4.087	0.0505	−0.0224	0.0281
ISLA5V	0.000067	0.000000	0.000598	582.684	5.788	0.0378	−0.0174	0.0204
ISLA5AV	0.000092	0.000000	0.00107	215.018	1.649	0.0501	−0.0248	0.0253
SBKU	0.000062	0.000082	0.000583	21.764	−1.581	0.0122	−0.00783	0.00438
SBKBU	0.000073	0.000093	0.000540	24.930	−1.857	0.0111	−0.00672	0.00442
Group 2: Indices starting on 31/05/2013
DJSUKB	−0.000006	0.000000	0.000609	11.431	−0.897	0.0103	−0.00598	0.00436
SBKU0P	0.000064	0.000000	0.00225	41.944	0.623	0.0601	−0.0227	0.0374
I30740US	0.000064	0.000046	0.000624	55.317	−1.778	0.0184	−0.0104	0.00796
I38310	0.000054	0.000000	0.000907	156.470	−2.068	0.0334	−0.0218	0.0116
Group 3: Indices starting on 17/02/2017
DJSUKO	−0.000111	−0.000214	0.0195	5.425	0.288	0.236	−0.0972	0.138
JPEIEMSI	0.000055	0.000053	0.000688	25.351	−1.886	0.0135	−0.00878	0.00472
Group 4: Indices starting on 31/01/2020
I37338	0.000032	0.000023	0.000675	6.821	−0.656	0.00824	−0.00451	0.00372
SPSK_USE	−0.000032	0.000000	0.00158	3.558	−0.025	0.0168	−0.00810	0.00869
I35842	0.000048	0.000000	0.00134	325.208	−8.754	0.0514	−0.0325	0.0189

Note(s):

Sukuk indices are grouped by the start date of their sample periods, with sample sizes of 3,586, 2,956, 1,987 and 1,216 for Groups 1–4, respectively. All series end on September 30, 2024. See, Figure A1 and Table A2 in the Appendix 1

Source(s): Authors’ own work

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