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

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 re...

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Main Authors: Karin Amelia Safitri, Muhammad Akbar Abung, Dedi Harsongko
Format: Article
Language:English
Published: MDPI AG 2022-12-01
Series:Proceedings
Subjects:
Online Access:https://www.mdpi.com/2504-3900/83/1/37
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author Karin Amelia Safitri
Muhammad Akbar Abung
Dedi Harsongko
author_facet Karin Amelia Safitri
Muhammad Akbar Abung
Dedi Harsongko
author_sort Karin Amelia Safitri
collection DOAJ
description 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.
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spelling doaj.art-e83532f1a7a142afb4befa6843313c562023-11-19T12:38:06ZengMDPI AGProceedings2504-39002022-12-018313710.3390/proceedings2022083037Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024Karin Amelia Safitri0Muhammad Akbar Abung1Dedi Harsongko2Program Pendidikan Vokasi, Universitas Indonesia, Depok 16424, IndonesiaProgram Pendidikan Vokasi, Universitas Indonesia, Depok 16424, IndonesiaAsosiasi Asuransi Syariah Indonesia, Jakarta 13350, IndonesiaThis 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.https://www.mdpi.com/2504-3900/83/1/37IndonesiaIslamic insurancesharia insurancespin-off
spellingShingle Karin Amelia Safitri
Muhammad Akbar Abung
Dedi Harsongko
Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
Proceedings
Indonesia
Islamic insurance
sharia insurance
spin-off
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
title_full Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
title_fullStr Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
title_full_unstemmed Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
title_short Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024
title_sort readiness of the sharia life insurance industry and the role of indonesian sharia insurance associations in facing the sharia insurance spin off in 2024
topic Indonesia
Islamic insurance
sharia insurance
spin-off
url https://www.mdpi.com/2504-3900/83/1/37
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AT muhammadakbarabung readinessofthesharialifeinsuranceindustryandtheroleofindonesianshariainsuranceassociationsinfacingtheshariainsurancespinoffin2024
AT dediharsongko readinessofthesharialifeinsuranceindustryandtheroleofindonesianshariainsuranceassociationsinfacingtheshariainsurancespinoffin2024