Source of Funds and Islamic Insurance Growth: Investment Returns as a Mediation

Authors

  • Dhidhin Noer Ady Rahmanto Department of Islamic Banking, Faculty of Islamic Religion, Universitas Alma Ata Yogyakarta http://orcid.org/0000-0002-3029-7912
  • Muhammad Iqbal Fasa Department of Islamic Banking, Faculty of Islamic Economics and Business, Universitas Islam Negeri Raden Intan Lampung
  • Khoirul Rijal Department of Finance, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia

DOI:

https://doi.org/10.26740/al-uqud.v4n1.p104-114

Keywords:

Sharia Life Insurance, Source of funds, Intervening Variable, Company Growth, Path Analysis

Abstract

Sustainable growth must be maintained by maintaining an increase in investment returns, with the source of funds as a stimulant. The population of this study was all Islamic life insurance companies in Indonesia. The study used path analysis mediation with regression or two layers OLS (Ordinary Least Squares) and followed by Sobel test. The result showed that investment returns can mediate participant funds in influencing the growth of Islamic life insurance companies. Meanwhile, investment returns did not mediate the influence of company funds in influencing the growth of Islamic life insurance companies.

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Published

2020-01-13

How to Cite

Rahmanto, D. N. A., Fasa, M. I., & Rijal, K. (2020). Source of Funds and Islamic Insurance Growth: Investment Returns as a Mediation. Al-Uqud : Journal of Islamic Economics, 4(1), 104–114. https://doi.org/10.26740/al-uqud.v4n1.p104-114

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