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All Journal Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics)
A. Anditta
Bogor Agriculture University
Religion Economics, Econometrics & Finance Social Sciences

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The Impact of Macroeconomic Indicator on Islamic Insurance Demand in Indonesia Salahuddin El Ayyubi; W Widyastutik; A. Anditta
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol 11, No 2 (2019)
Publisher : Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (10394.651 KB) | DOI: 10.15408/aiq.v11i2.7690

Abstract

This research aimed to determine the development of Islamic insurance industry in Indonesia and analyze the influence of macroeconomic indicators Islamic insurance demand in Indonesia. Ordinary Least Square (OLS) was used in this research with monthly time series data from January 2014 to December 2016. The results of this research indicated that the variables of money supply, interest rate, GDP per capita, and education had a positive (significant) effect to the Islamic insurance demand in Indonesia. Moreover, the inflation variable and dependency ratio had a negative (significant) effect to the Islamic insurance demand in Indonesia.
Co-Authors Salahuddin El Ayyubi Widyastutik