Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024

Bibliographic Details
Title: Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
Authors: Karin Amelia Safitri, Muhammad Akbar Abung, Dedi Harsongko
Source: Proceedings, Vol 83, Iss 1, p 37 (2022)
Publisher Information: MDPI AG, 2022.
Publication Year: 2022
Collection: LCC:General Works
Subject Terms: Indonesia, Islamic insurance, sharia insurance, spin-off, General Works
More Details: This research discusses the readiness of the sharia life insurance industry in terms of equity and the role of the Indonesian Sharia Insurance Association (AASI) in facing the spin-off of sharia insurance in 2024. The method used is a combination of a quantitative method to examine aspects of the readiness of the sharia life insurance industry to face the spin-off of sharia insurance as well as a qualitative method for the aspect of AASI’s role in facing that process. The purposes are to determine the extent to which the sharia life insurance industry is prepared to face the spin-off and the extent of AASI’s role in dealing with this process. The results show that 80% of companies that have sharia business units and are still actively registered as members of AASI are ready to conduct a spin-off with the method of forming a new sharia insurance company. AASI has also carried out various roles such as coordinating with OJK, organizing seminars and workshops, and providing information for interested parties.
Document Type: article
File Description: electronic resource
Language: English
ISSN: 2504-3900
Relation: https://www.mdpi.com/2504-3900/83/1/37; https://doaj.org/toc/2504-3900
DOI: 10.3390/proceedings2022083037
Access URL: https://doaj.org/article/e83532f1a7a142afb4befa6843313c56
Accession Number: edsdoj.83532f1a7a142afb4befa6843313c56
Database: Directory of Open Access Journals
More Details
ISSN:25043900
DOI:10.3390/proceedings2022083037
Published in:Proceedings
Language:English