Browsing by Author "Nur Halimatus Sakdiyah"

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    Optimizing the role of sharia life insurance in achieving sustainable development goals (SDG 3 and 8) post spin-off policy
    (Universitas Islam Internasional Indonesia, 2025-07-23) Nur Halimatus Sakdiyah; Rininta Nurrachmi; Istiana Maftuchah
    Based on the phenomenon of crisis and predictions of health and financial crises expected to occur in the next 25 years by Hanika (2024), this study will identify the opportunities and challenges of Sharia life insurance (SLI) in achieving Sustainable Development Goals (SDG 3 on good health and well-being and SDG 8 on decent work and economic growth), considering the new spin-off policy from FSA Indonesia Regulation No. 11 of 2023, this study will also analyze the effectiveness of the policy through Lawrence M Friedman's theory based on three elements: structural, substantial, and cultural. Further identification determines the priorities of opportunities and challenges in the SLI industry using the Analytic Network Process (ANP) approach with criteria obtained from literature reviews, interviews, and questionnaires from three expert respondents, namely Bumiputera Sharia Life Insurance, FSA Indonesia, and BRI Life Insurance's business unit. The research results indicate that the role of SLI can achieve SDG targets 3 and 8 in ending infectious disease epidemics, reducing premature deaths, achieving universal health coverage, including financial risk protection, increasing health financing, as well as achieving per capita economic growth, full and productive employment, and the development of sustainable tourism policies. Second, spin-off policies are effective in all issues of SLI through the structure, substance, and legal culture of Lawrence M. Friedman's theory. Third, the main opportunities identified are good governance, technology development, and employee management. Finally, the main challenges include product innovation, improving public literacy, and increasing the number of policyholders.