Jeksyah
Vol. 4 No. 02 (2024): September 2024 Edition

Determinants of Profitability of the Islamic Life Insurance Industry in Indonesia

Raissa Hafsari, Juliana (Unknown)
Mukhsin, Moh (Unknown)
Pardiansyah, Elif (Unknown)



Article Info

Publish Date
29 Jan 2025

Abstract

The purpose of this study is to ascertain how economic growth and company-specific variables affect the profitability of Islamic life insurance in Indonesia. This study employed a quantitative approach using a descriptive methodology. The sampling technique used purposive sampling with a sample of 10 Islamic Life Insurance companies in Indonesia. The results of this study indicate that partially the leverage variable has a negative and significant effect on profitability. Premium growth variable has a positive and significant effect on profitability. The variables of company size, tangibility, liquidity, and economic growth have no effect on profitability. While simultaneously the variables of company-specific factors (company size, leverage, tangibility, premium growth, and liquidity) and economic growth have a significant effect on profitability.

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Journal Info

Abbrev

jeksyah

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

JEKSYAH: Islamic Economics Journal is a peer-reviewed journal published by the Department of Islamic Economics, Faculty of Islamic Economics and Business (FEBI) State Islamic Institute (IAIN) Sulta Amai Gorontalo. Published twice a year in May and September. This journal publishes current original ...