Analysis of the Effect of Contribution Income, Claims on Tabarru Funds in the Sharia Business Unit of PT. Prudential Life Assurance Indonesia, 2016-2021

Authors

  • Trian Zulhadi Sultan Syarif Kasim Riau State Islamic University, Indonesia
  • Arisman Arisman Sultan Syarif Kasim Riau State Islamic University, Indonesia
  • Hengki Hengki Pekanbaru BUMD, Indonesia

DOI:

https://doi.org/10.24256/kharaj.v5i1.3615

Keywords:

Contribution Income, Claims and Tabarru Funds.

Abstract

The background of this research is the increase in the number of claims paid by the company so that the large expenditure of company funds has an impact on the tabarru fund reserves. In general, the increasing number of claims paid by the company will have an impact on the tabarru reserve fund, which is feared when contribution income decreases, it indicates that the company's health is getting worse. More expenses than income. The purpose of this study was to determine the effect of Contribution Income and Claims on Tabarru Funds, both partially and simultaneously in the Sharia Business Unit of PT Prudential Life Assurance Indonesia in 2016-2021. This type of research is quantitative research with secondary data types originating from the annual financial reports of the PT Prudential Life Assurance Sharia Business Unit for the period 2016 to 2021 which originate from the company's official website, namely www.prudential.co.id. This research data collection technique uses datatime series with multiple linear regression analysis models to examine the effect of the independent variables on the dependent variable. The results showed that partially Contribution Income has a positive influence on Tabarru Funds with t count (72.09984) positive direction coefficient of 1.079889 with a probability of 0.0000 <t table (0.05). While Claims have a positive influence on Tabarru Funds with t count (2.699611) positive direction coefficient of 0.040033 with probability (0.0165) <0.05. Simultaneously Contribution Income and Claims together have a significant effect on the Tabarru Fund with f count (9534.203) and probability 0.000000 <0.05. The percentage of influence of the independent variables (Revenue Contributions and Claims) on the dependent variable (Tabarru Fund) is 99.9% while the rest is influenced by other variables not included in this research model. The recommendation from the results of this study for companies is to maintain the stability of contribution income by monitoring the smooth payment of participant contributions so that they continue to be active and increase the growth of new participants(new business) as well as being more selective in processing payments for claims submitted by each participant.

References

Ahmad Rodoni dan Abdul Hamid, 2008. Lembaga Keuangan Syariah. Jakarta: Zikrul Hakim.

Akhmad Mujahidin, Ekonomi Islam, Jakarta: Raja Grafindo. 2007

Al Quran Surat Al Baqarah : 240 dikutip dari http://www.quran.kemenag.go.id pada hari Minggu 20 Maret 2022 jam 21.46 Wib.

Al Quran surat Al maidah : 2 dikutip dari http://www.quran.kemenag.go.id pada hari Minggu 20 Maret 2022 jam 23.46 Wib

Ali, A. Hasyim, dkk. Kamus Asuransi. Jakarta: Bumi Aksara. 2002

AM. Hasan Ali, Asuransi dalam Persepektif Hukum Islam: suatu tinjauan Analisis Historis, teoritis dan Praktis, Jakarta: Kencana, 2004

Amrin, Abdullah. 2011. Meraih Berkah melalui Asuransi Syariah. Jakarta: PT Elek Media Komputindo.

Apriani, T. (2020). The Effect of Investments and Risk Based Capital (Rbc) of Tabarru Funds on Company (Case Study of Sharia Insurance in Indonesa for 2014-2019).

Archer, Rifaat dan Volker. Takaful Islamic Insurance Concepts and Regulatory Issues. John Wiley and Sons (Asia): Singapore. 200

Bayinnah, Ai Nur dkk. 2017. Akuntansi Asuransi Syariah. Jakarta: Salemba Empat.

Chapra, M. Umer. 2001. The Future of Economics an Islamic Perspective. Jakarta: Shari’ah Economics and Banking Institute.

Deliarnov, Perkembangan Pemikiran Ekonomi, Jakarta: Raja Grafindo Perkasa 1997

Devy, H. S. (2022). Tabarru’Fund and Solvability In Affecting The Profitability of The Life Insurance Sharia in Indonesia. Jurnal Ilmiah Ekonomi Islam, 8(2), 1318-1323.

Dewi, Gemala. Aspek-aspek Hukum dalam Perbankan dan Peransuransian Syariah di Indonesia. Jakarta: Prenada Media, 2004

Engkos Sadrah dalam Ahmad Hasar Ridwan, BMT, Bank Islam, Instrumen Lembaga Keuangan Syariah, Bandung: Pustaka Bani Quraisy, 2004

Euis Lia Karwati. Metode Alokasi Surplus Underwriting Dana tabarru pada Asuransi Kerugian Syariah. Skripsi. Jakarta: UIN Syarif Hidayatullah, 2011

Fatwa Dewan Syariah Nasional No.2/ DSN-MUI/X/2001. Pedoman Umum Asuransi Syariah

Fatwa pengesahan asuransi syariah dikutip dari http://www.dsnmui.or.id pada hari minggu tanggal 20 Maret 2022 jam 23.41 Wib

Firdaus, Y., & Falikhatun, F. (2021). The Impact Of Islamic Corporate Governance And Tabarru’Fund On The Level Of Sharia Insurance Health. Al-Amwal: Jurnal Ekonomi dan Perbankan Syari'ah, 13(2), 251-267.

Ghoni, A., & Arianty, E. (2021). The Impact of Spin-off Policy on the Efficiency of Sharia Insurance in Indonesia using DEA approach. Journal of Islamic Economics Lariba, 47-66.

Hasan Ali, Asuransi Dalam Perspektif Hukum Islam, Jakarta: Prenata Media, 2004

Husein Syahatah, Usul al-Fikri al-Muhasabi al-Islami, Pokok-Pokok Pikiran Akuntansi Islam. Jakarta: Akbar, 2001

Ismail, Perbankan Syariah, Jakarta: Penerbit Kencana Prenada Media Group, 2013

Istiqomah, A., & Gati, V. (2020). Risk Effect on Contribution of Participants in Sharia Insurance Indonesia. J Ekon dan Bisnis Islam (Journal Islam Econ Business), 6(1), 1.

Karim, Adiwarman. 2004. Bank Islam : Analisis Fiqh dan Keuangan. Jakarta: Raja Grafindo Persada

Kasmir, Bank dan Lembaga Keuangan Syariah, Jakarta: PT. Raja Grafindo Persada, 2009

M Syakir Sula. 2004. Asuransi Syariah (Life and General) konsep dan system operasional. Jakarta: Gema Insani.

M. Syafi’i Antonio, “Prinsip dasar Koperasi Ansuransi Takafur†dalam arbitrasi Islam di indonesia, Jakarta: Badan Arbitrase Muamalat Indonesia, kerja sama dengan Bank muamalat,1994

M. Syafi’i Antonio, Bank Syariah Wacana Ulama dan Cendikiawan. Bank Indinesia/ Tazkia Institute.1999.

Mentri Keuangan RI. Nomor 792 Pasal 1. 1990

Muḥammad al-Zuḥayliy, Mawsū’ah Qaá¸ÄyÄ IslÄmiyyah Mu’Äá¹£irah, Juz 3 Damaskus: DÄr al-Maktabiy, 2009

Muhammad, lembaga keuangan, umat kontemporer, Yogyakarta: UII press, 2002

Muljono, Djoko. 2015. Perbankan dan Lembaga Keuangan Syariah. Yogyakarta: ANDI

Nopriansyah, Waldi. 2016. Asuransi Syariah : Berkah TerakhirYang Tak Terduga. Yogyakarta: ANDI

Nurul Huda dan Muhammad Heykal. 2010. Lembaga Keuangan Islam: Tinjauan Teoritis dan Praktis. Jakarta: Kencana Prenada Media Grup

Pascasarjana UIN Suska Riau, Buku Panduan Penulisan Tesis dan Desertasi Pekanbaru: Pascasarjana, 2021

Perjanjian (Akad) Asuransi syariah dikutip dari https://sikapiuangmu.ojk.go.id/ pada Hari Selasa 22 maret 2022 jam 23.42 Wib

Prinsip dasar penyelenggaraan usaha asuransi syariah dikutip dari http://www.ojk.go.id pada hari Minggu tanggal 20 Maret 2022 jam 23.29 Wib

Prudential Indonesia dikutip dari www.prudential.co.id pada hari Selasa tanggal 12 Juli 2022 jam 22.35 Wib

Republik Indonesia. Undang-Undang Nomor 40 Tahun 2014 tentang Usaha Perasuransian.

Revinitif, Islamic Finance Development Report 2021: Advancing Economic, 2021

Safitri, K. A., Abung, M. A., & Harsongko, D. (2022, December). Readiness of the Sharia Life Insurance Industry and the Role of Indonesian Sharia Insurance Associations in Facing the Sharia Insurance Spin-Off in 2024. In Proceedings (Vol. 83, No. 1, p. 37). MDPI.

Sarah, M., Mahri, A. J. W., & Cakhyaneu, A. (2019). Efficiency of Tabarru’Fund Management at Islamic insurance Companies in Indonesia. KnE Social Sciences, 440-452.

Soemitro, Andri. Bank & Lembaga Keuangan Syariah. Kencana : 2009

Sofyan Syarif Harahap, Akuntasi Islam, Jakarta: Bumi Aksara, 1999

Sugiyono, Metode Penelitian Kualitatif, Kuantitatif dan R&D Bandung: Alfabeta. 2013

Sugiyono. Hipotesis Penelitian. Jakarta: Salemba Empat.2010

Sukmaningrum, P. S. (2019). Factors that influence surplus underwriting of tabarru funds in general Islamic insurance companies. KnE Social Sciences, 249-263.

Suliyanto, Ekonometrika Terapan: Teori dan Aplikasi dengan SPSS, Yogyakarta: ANDI, 2011

Sutan Remy Sjahdein. Penyelesaian Sengketa Transaksi Perbankan Syariah melalui Arbitase. 2004

Syofian Siregar, Statistik Parametrik untuk Penelitian Kuantitatif, Jakarta: PT. Bumi Aksara, 2014

Downloads

Published

2023-03-05

How to Cite

Zulhadi, T., Arisman, A., & Hengki, H. (2023). Analysis of the Effect of Contribution Income, Claims on Tabarru Funds in the Sharia Business Unit of PT. Prudential Life Assurance Indonesia, 2016-2021. Al-Kharaj: Journal of Islamic Economic and Business, 5(1). https://doi.org/10.24256/kharaj.v5i1.3615

Issue

Section

Articles

Citation Check

Similar Articles

<< < > >> 

You may also start an advanced similarity search for this article.