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ANALYSIS OF THE CONTRIBUTION OF SHARIA MOTOR VEHICLE INSURANCE PREMIUMS TO THE TOTAL PREMIUM CONTRIBUTION OF THE SHARIA INSURANCE INDUSTRY IN INDONESIA Andika Saputra; Rizky Basir; Mhd Hafiz; Fikri Ariga; Yudi Paruhum; Nurhayati Harahap
Algebra : Jurnal Pendidikan, Sosial dan Sains Vol. 6 No. 1 (2026): Algebra : Jurnal Pendidikan Sosial dan Sains
Publisher : Yayasan Amanah Nur Aman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58432/thz25y49

Abstract

The development of the Islamic insurance industry in Indonesia continues to grow as the public becomes more aware of financial products that adhere to Islamic principles. Among the various business sectors within Islamic general insurance, Islamic motor vehicle insurance offers significant potential. This study aims to determine the contribution of Islamic motor vehicle insurance premiums to the total premiums of the Islamic insurance industry in Indonesia and to understand its role within the overall structure of the industry. This study uses a descriptive quantitative method by analyzing secondary data derived from reports from the Financial Services Authority (OJK) and the Indonesian Islamic Insurance Association (AASI).The research results show that Sharia motor vehicle insurance premiums contribute significantly to the Sharia general insurance category, but their contribution to the total premiums of the Sharia insurance industry remains relatively small compared to Sharia life insurance, which dominates the market. This is because Sharia life insurance products are well-known and widely accepted, while Sharia general insurance still has a limited market share. It is hoped that this research will assist stakeholders and industry regulators in designing Sharia motor vehicle insurance development strategies to increase its contribution to the national Sharia insurance industry.
THE ROLE OF OPERATIONAL MANAGEMENT AND DIGITALIZATION IN IMPROVING SHARIA INSURANCE SERVICES Yudi Paruhum; M. Auliyah Al Ghazali ZA; Nurhayati Harahap
Algebra : Jurnal Pendidikan, Sosial dan Sains Vol. 6 No. 2 (2026): Algebra : Jurnal Pendidikan Sosial dan Sains
Publisher : Yayasan Amanah Nur Aman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58432/r0138885

Abstract

This study was conducted to determine the role of operational management and digitalization in improving Sharia insurance services. The increasingly advanced development of digital technology requires Sharia insurance companies to improve service quality to make it faster, more effective, and easier for the public to use. However, several obstacles remain in implementation, such as operational system readiness, human resource quality, and customer data security in digital services. This study used a qualitative method with a descriptive approach. Data were obtained through observation, interviews, and literature review related to operational management, digitalization, and Sharia insurance services. Data analysis was conducted using descriptive qualitative techniques by collecting, compiling, and analyzing data obtained during the study. The results show that operational management plays a crucial role in improving service quality through work system management, service quality enhancement, and human resource management. Furthermore, digitalization has a positive impact on Sharia insurance services, such as facilitating service access, accelerating service processes, and increasing customer satisfaction. However, the implementation of digitalization still faces several obstacles, such as a lack of public understanding of digital services and data security risks. Based on the research findings, it can be concluded that operational management and digitalization have a mutually supportive relationship in improving the quality of Sharia insurance services. Therefore, Sharia insurance companies need to continuously improve their operational systems, human resource quality, and digital service security to optimize customer service.