Cash Holding

Islamic Index

Leverage

Cost of Debt

Working Capital

Dividend

Capital Expenditure

ROA

Size

Cash Holding

1

Islamic Index

−0.0303*

1

Leverage

−0.2751*

−0.0651*

1

Cost of Debt

−0.1746*

0.0053

0.1196*

1

Working Capital

0.0276*

0.0349*

−0.3924*

−0.0661*

1

Dividend

0.1837*

0.0189

−0.0940*

0.0138

0.1049*

1

Capital Expenditure

0.0249

0.0333*

−0.0407*

0.1457*

−0.1129*

0.1502*

1

ROA

0.2788*

0.0238

−0.2159*

−0.1430*

0.1568*

0.3999*

0.1498*

1

Size

0.0291*

−0.0365*

0.1698*

−0.0415*

−0.1245*

0.1921*

−0.0550*

0.0598*

1