Determinants of Financial Stability of Islamic Insurance Companies Listed on Indonesia Financial Services Authority

Hendra, Grandis Imama

doi:10.22373/share.v10i2.9098

Cited by 3 publications

(3 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The challenges require a regulatory framework established as a catalyst to drive supply and demand; low market penetration, insurance Islamization issues and inadequate product development of Islamic insurance, limited liability companies and issuance of qard hassan funds in Islamic reinsurance. Hendra (2021) analyzed the determinants of financial stability of Islamic insurance companies registered with the Indonesian Financial Services Authority (OJK) from 2014 to 2018. The results showed that financial stability was significantly influenced by investment, insurance premiums, independent boards, and institutional ownership.…”

Section: Hierarchy Chartmentioning

confidence: 99%

N-Vivo Analysis on Indonesia Islamic Insurance Studies

Maliha

2023

FWM

View full text Add to dashboard Cite

This study seeks to map research related to Islamic insurance in Indonesia published by Dimensions indexed journals from 2006 to 2023. NVivo 12 Plus was used to conduct a thematic review and frequency was used to evaluate 207 publications in the scientific literature. The results found that the number of publications fluctuates from year to year related to Islamic insurance research in Indonesia, indicating that this topic is an interesting topic and must continue to be developed. In addition, various foci of discussion and cluster analysis that describe the research path in Islamic insurance research in Indonesia include Efficiency and Islamic Insurance in Indonesia, Policy and Islamic Insurance in Indonesia, Banking and Islamic Insurance in Indonesia, and Company and Islamic Insurance in Indonesia. This research can be used as a starting point for experts to build graphic visualizations of Islamic insurance research patterns in Indonesia in published scientific research.

show abstract

Section: Hierarchy Chartmentioning

confidence: 99%

N-Vivo Analysis on Indonesia Islamic Insurance Studies

Maliha

2023

FWM

View full text Add to dashboard Cite

show abstract

“…Indian families, however, use responsibility agreements when making financial decisions, where the wife invests in the short-term money market. At the same time, the husband invests in riskier long-term investments like real estate (Sharma & Kota, 2019;Hendra, 2021).…”

Section: A Introductionmentioning

confidence: 99%

Women and Investment Decision in Sharia Instruments: Moderating Effect of Financial Spirituality Orientation

Amaroh,

Prasetyoningrum,

Husain

2024

jip

View full text Add to dashboard Cite

This research is based on a gap in authority between men and women in making investment decisions where women are considered less financially literate and less struggling. Therefore, this study examines how financial literacy and trust affect women’s investment decisions in Sharia instruments with financial spirituality orientation as a moderating factor. The sample was selected from 256 women on the northeastern coast of Central Java, Indonesia. Structural Equation Modeling with a Partial Least Square method was used to test the data. The findings showed that the higher the financial literacy, trust, and financial spirituality orientation, the better the decision level in the Sharia investment decisions. The financial spirituality orientation strengthens the influence of financial literacy on Sharia investment decisions. However, financial spiritual orientation cannot intervene in trust in financial institutions. This finding suggests that women consider their spiritual beliefs while making financial decisions, but spirituality cannot nullify trust’s ability to affect Sharia investment choices. The implication is that when gender equality is acknowledged, women can get an education, work, income, and be more financially literate. The role of financial spirituality is in its mission of establishing the life-balances.

show abstract

“…On the other hand, according to (Haqqi, 2014) However, according to (Hendra, 2021) there are also several insurance companies that are currently experiencing default problems such as Wanaartha, Bumiputera, Jiwasraya which should be used as lessons for the community, regulators, as well as the management and stakeholders of insurance companies.…”

Section: Introductionmentioning

confidence: 99%

The Impact Of Corporate Governance To Financial Performance Of Takaful In Indonesia

Sabrina,

Rulindo

2023

jrssem

View full text Add to dashboard Cite

Takaful industry plays an essential role in answering significant issue in the society such as social, economic and environment. The presence of corporate governance become crucial to every Takaful firm in promoting and raising the public trust in one of the Islamic finance ecosystem whom currently to be called as the sleeping giant. Unfortunately, although the regulation has been established by the Financial Services Authority (OJK), certain cases of malpractices and failure of insurance currently rise to the surface. This study contributes to the literature by investigating corporate governance factors that influenced financial performance of Takaful listed in Indonesian Sharia Insurance Association (AASI). Panel Data regression analysis will be used in analyzing the data over the period 2017 – 2021. The data is collected from insurance statistic report published by Financial Services Authority also from annual report and sustainability report of every insurance. Corporate governance variables will be used as independent variables and Return on Asset will be used as a financial performance’s dependent variable. This study provides several corporate governance upon takaful performance from the perspective of a developing country. It also provides an empirical examination of current structures of takaful firms and suggestion to the decision makers and the stakeholders to be adopted in boosting firm performance. This study also gives a recommendation to the policymakers in assessing and reviewing corporate governance policies.

show abstract

Determinants of Financial Stability of Islamic Insurance Companies Listed on Indonesia Financial Services Authority

Cited by 3 publications

References 20 publications

N-Vivo Analysis on Indonesia Islamic Insurance Studies

N-Vivo Analysis on Indonesia Islamic Insurance Studies

Women and Investment Decision in Sharia Instruments: Moderating Effect of Financial Spirituality Orientation

The Impact Of Corporate Governance To Financial Performance Of Takaful In Indonesia

Contact Info

Product

Resources

About