Definition of variables
| Notation | Definition of variables | Explanation |
|---|---|---|
| EFFR | Effective Federal Funds Rate | The Fed's interest rate as a proxy for the world interest rate |
| 7DRR | BI rate/7 days repo rate | Official interest rate for 3 months |
| SBIS | Outstanding placement on Sharīʿah SBI | Outstanding placement on Sharīʿah SBI |
| RDEP | Equivalent rate of return of Sharīʿah deposits | Interest rates 1-month deposits |
| RFIN | Equivalent rate of return Sharīʿah financing | Average level of profit sharing ratio for banks |
| DEP | Total Sharīʿah banking deposits | Total deposits successfully collected Islamic banks |
| FIN | Financing | Total financing provided by Islamic banks |
| P | Inflation | Monthly nominal inflation rate |
| Notation | Definition of variables | Explanation |
|---|---|---|
| EFFR | Effective Federal Funds Rate | The Fed's interest rate as a proxy for the world interest rate |
| 7DRR | BI rate/7 days repo rate | Official interest rate for 3 months |
| SBIS | Outstanding placement on Sharīʿah SBI | Outstanding placement on Sharīʿah SBI |
| RDEP | Equivalent rate of return of Sharīʿah deposits | Interest rates 1-month deposits |
| RFIN | Equivalent rate of return Sharīʿah financing | Average level of profit sharing ratio for banks |
| DEP | Total Sharīʿah banking deposits | Total deposits successfully collected Islamic banks |
| FIN | Financing | Total financing provided by Islamic banks |
| Inflation | Monthly nominal inflation rate |
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