Table 2.

Pesaran CADF test results

InterceptsIntercepts and trendsInterceptsIntercepts and trends
Variableslagst-statp valuet-statp valueVariablest-statp valuet-statp value
lsukukvol01.3160.906−0.6380.262open−4.9960.000−6.3160.000
12.3330.990−0.1540.439−1.7020.044−3.8830.000
23.1580.9991.7390.959−0.6630.254−2.5400.006
35.1301.0002.2780.9891.7420.959−1.6500.049
412.6411.00011.8221.00012.6411.00011.8221.000
512.6411.00011.8221.00012.6411.00011.8221.000
Sukukden04.4521.0003.5371.000finstress12.6411.00011.8221.000
14.6851.0004.6301.00012.6411.00011.8221.000
25.2121.0005.6581.00012.6411.00011.8221.000
32.9560.9985.6841.00012.6411.00011.8221.000
412.6411.00011.8221.00012.6411.00011.8221.000
512.6411.00011.8221.00012.6411.00011.8221.000
Growth00.9340.8251.9090.972 
11.3290.9082.1850.986
21.8700.9693.4691.000
31.6540.9512.2570.988
412.6411.00011.8221.000
512.6411.00011.8221.000

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