A review of the regulations and challenges of sharia insurance in Indonesia
Abstract
This article aims to discuss the regulations and challenges faced in implementing the sharia insurance concept in Indonesia. Sharia insurance, which still raises pros and cons in Indonesia, is an interesting phenomenon to study. So, this article tries to explore in detail about sharia insurance regulations in Indonesia and the challenges faced by sharia insurance actors and managers in Indonesia. This research uses a qualitative descriptive approach with the literature study method as a data collection technique. The data obtained was obtained through previous research journals and also the latest phenomena currently occurring regarding sharia insurance in Indonesia. The results of this study show that sharia insurance in Indonesia still faces very complex challenges, especially because it has to compete with conventional insurance which has already existed and is known to the public. There are no specific regulations governing sharia insurance. The laws used are still the same as conventional insurance.
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Copyright (c) 2024 Rr Annischa Zahraningtyas Putri, Fitria Nurma Sari
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