Variable

N

Conventional Firm (N = 1751)

Shariah-Compliant Firm (N = 3421)

Mean

Median

SD

Min

Max

Mean

Median

SD

Min

Max

Cash Holdings

5172

0.09

0.06

0.10

0.00

0.83

0.08**

0.05

0.09

0.00

0.80

Leverage

5172

0.49

0.50

0.21

0.00

1.00

0.46***

0.47***

0.20

0.00

1.00

Cost of Debt

5172

0.03

0.02

0.03

0.00

0.61

0.03

0.02

0.02

0.00

0.25

Working Capital

5172

0.05

0.03

0.21

−0.77

0.89

0.07

0.04**

0.20

−0.68

0.87

Dividend

5172

0.34

0.00

0.47

0.00

1.00

0.36*

0.00

0.48

0.00

1.00

Capital Expenditure

5172

0.02

0.01

0.04

0.00

0.43

0.03***

0.01***

0.04

0.00

0.56

ROA

5172

0.02

0.01

0.06

−0.53

0.43

0.03**

0.02***

0.06

−0.60

0.53

Size

5172

28.83

28.83

1.52

18.99

32.49

28.7***

28.75***

1.73

18.96

32.55