Main Article Content
Abstract
Introduction
Financial literacy on Islamic life insurance is considered low. Various things can be the causes of this low literacy including the lack of socialization, education, and professional collaboration programs.
Objectives
This study aims to analyze the literacy level of health workers regarding Islamic life insurance considering the phenomenon of still very low penetration and density of such product.
Method
This research uses descriptive quantitative methods. Primary data was obtained through a questionnaire. The population of this study was 38 health workers who worked at the Ofa Padang Mahondang Village Health Center, Pulau Rakyat District, Asahan Regency, North Sumatra Province.
Results
57.9% of respondents had a high level of financial literacy, being able to answer correctly above 80%. 34.2% of respondents were in the middle category, being able to answer correctly between 60%-80%. Only 7.9% respondents were in low category, being able to answer correctly below 60%.
Implications
The study highlights the importance of continuous education and awareness campaigns about Islamic insurance among healthcare professionals and the broader population.
Originality/Novelty
This study contributes to efforts to increase knowledge about Islamic life insurance for health workers as the spearhead of health services in Indonesia.
Keywords
Article Details
Copyright (c) 2023 Cahya Purwati Sinulingga, Andri Soemitra, Nuri Aslami
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References
Abdullah, Z. (2018). An analysis of factors affecting the investment growth of Indonesian Islamic insurance. Journal of Islamic Economics Lariba, 4(2), 71–81. https://doi.org/10.20885/jielariba.vol4.iss2.art2
Adiandari, A. M., Winata, H., & Yuliani. (2017, November). Literasi keuangan dan kepemilikan asuransi jiwa: Observasi di institusi keuangan Sumatera Barat [Financial literacy and life insurance ownership: Observations in financial institutions in West Sumatra]. Forum Manajemen Indonesia (FMI 9). http://repo.unr.ac.id/533/
Alsakinah, R., Fasa, M. I., & Suharto. (2022). Perkembangan asuransi syariah Indonesia pada masa pandemi Covid-19 [Development of Indonesian sharia insurance during the Covid-19 pandemic]. Jurnal Dinamika Ekonomi Syariah, 9(2), 111–121. https://doi.org/10.53429/jdes.v9i2.390
Amran, Y. (2017). Peningkatan peran wanita dalam pengembangan ilmu kesehatan masyarakat [Increasing the role of women in the development of public health science]. Jurnal Harkat : Media Komunikasi Gender, 13(1), 61–69. https://journal.uinjkt.ac.id/index.php/psga/article/view/7716
Andini, A. P., & Maghfiroh, S. (2022). Perkembangan dan potensi asuransi syariah di Indonesia [Development and potential of Islamic insurance in Indonesia]. Pancawahana : Jurnal Studi Islam, 17(1), 164–177. http://ejournal.kopertais4.or.id/tapalkuda/index.php/pwahana/article/view/4755
Aprilia, D., Yusrizal, Y., & Syarvina, W. (2023). Analisis tingkat literasi keuangan agen asuransi syariah di PT. Bumiputera 1912 Medan [Analysis of the financial literacy level of sharia insurance agents at PT. Bumiputera 1912 Medan]. Jurnal Manajemen Akuntansi (JUMSI), 3(2), 807–820. https://doi.org/10.36987/jumsi.v3i2.4026
Batubara, M. A. (2019). Literasi asuransi syariah pada guru Umuul Quraa [Sharia insurance literacy among Ummul Quro teachers] [Undergraduate thesis, Universitas Islam Negeri Sumatera Utara]. http://repository.uinsu.ac.id/10277/
Braun, V., & Clarke, V. (2021). To saturate or not to saturate? Questioning data saturation as a useful concept for thematic analysis and sample-size rationales. Qualitative Research in Sport, Exercise and Health, 13(2), 201–216. https://doi.org/10.1080/2159676X.2019.1704846
Brown, J. R., & Goolsbee, A. (2002). Does the internet make markets more competitive? Evidence from the life insurance industry. Journal of Political Economy, 110(3), 481–507. https://doi.org/10.1086/339714
Chen, H., & Volpe, R. P. (1998). An analysis of personal financial literacy among college students. Financial Services Review, 7(2), 107–128. https://doi.org/10.1016/S1057-0810(99)80006-7
Fajar, A., Sobar, N., & Usman, H. (2018). Impact of marketing communication mix towards image, brand awareness, and costumers decision to choose Islamic insurance. Journal of Islamic Economics Lariba, 4(2), 109–122. https://doi.org/10.20885/jielariba.vol4.iss2.art5
Gaudecker, H.-M. V. (2015). How does household portfolio diversification vary with financial literacy and financial advice? The Journal of Finance, 70(2), 489–507. https://doi.org/10.1111/jofi.12231
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, 7(1), 47–66. https://doi.org/10.20885/jielariba.vol7.iss1.art5
Health Workforce UHL. (2019). Delivered by women, led by men: A gender and equity analysis of the global health and social workforce [Human Resources for Health Observer Series No. 24]. World Health Organization. https://www.who.int/publications-detail-redirect/9789241515467
Hennink, M. M., Kaiser, B. N., & Weber, M. B. (2019). What influences saturation? Estimating sample sizes in focus group research. Qualitative Health Research, 29(10), 1483–1496. https://doi.org/10.1177/1049732318821692
Hidayati, A. A., & Shofawati, A. (2018). Determinan kinerja keuangan asuransi syariah di Indonesia periode 2014-2016 [Determinants of Islamic insurance financial performance in Indonesia for the 2014-2016 period]. Jurnal Ekonomi Syariah Teori Dan Terapan, 5(11), 892–907. https://doi.org/10.20473/vol5iss201811pp892-907
Hung, A., Parker, A. M., & Yoong, J. (2009). Defining and measuring financial literacy (SSRN Scholarly Paper 1498674). https://doi.org/10.2139/ssrn.1498674
Huston, S. J. (2010). Measuring financial literacy. Journal of Consumer Affairs, 44(2), 296–316. https://doi.org/10.1111/j.1745-6606.2010.01170.x
IBM Corp. (2020). IBM SPSS Statistics for Windows (Version 27.0) [Computer software]. IBM Corp.
Indra, F. S., Luthia, S. S., Rachmawati, A., Santoso, A. D., & Sup, D. F. A. (2022). The application of al-wakalah bil ujrah contract on unit link insurance according to DSN-MUI Fatwa no. 52 2006: A case study of PRULink Syariah Generasi Baru. Journal of Islamic Economics Lariba, 8(1), 242–254. https://doi.org/10.20885/jielariba.vol8.iss1.art15
Iqbal, M., & Berlian, Z. (2017). Pengelolaan dana tabarru’ asuransi jiwa syariah dalam pembiayaan murabahah di Bank Sumsel Babel Cabang Syariah Baturaja [Management of sharia life insurance tabarru’ funds in murabahah financing at Bank Sumsel Babel Syariah Branch, Baturaja]. Medina-Te : Jurnal Studi Islam, 13(1), 25–38. https://doi.org/10.19109/medinate.v13i1.1540
Jannah, D. M., & Nugroho, L. (2019). Strategi meningkatkan eksistensi asuransi syariah di Indonesia [Strategy to increase the existence of Islamic insurance in Indonesia]. Jurnal Maneksi (Management Ekonomi Dan Akuntansi), 8(1), 169–176. https://doi.org/10.31959/jm.v8i1.235
Kojo Oseifuah, E. (2010). Financial literacy and youth entrepreneurship in South Africa. African Journal of Economic and Management Studies, 1(2), 164–182. https://doi.org/10.1108/20400701011073473
Lin, X., Bruhn, A., & William, J. (2019). Extending financial literacy to insurance literacy: A survey approach. Accounting & Finance, 59(S1), 685–713. https://doi.org/10.1111/acfi.12353
Lubis, A., Nurlinda, N., & Ginting, H. (2019, November 5). Analisis tingkat literasi keuangan pada nasabah PT Bank Tabungan Negara (Persero) Tbk Kantor Cabang Medan [Analysis of the level of financial literacy among PT Bank Tabungan Negara (Persero) Tbk Medan Branch Office customers]. https://www.researchgate.net/publication/343047288_ANALISIS_TINGKAT_LITERASI_KEUANGAN_PADA_NASABAH_PT_BANK_TABUNGAN_NEGARA_PERSERO_TBK_KANTOR_CABANG_MEDAN
Lusardi, A., Michaud, P.-C., & Mitchell, O. S. (2017). Optimal financial knowledge and wealth inequality. Journal of Political Economy, 125(2), 431–477. https://doi.org/10.1086/690950
Mohajan, H. K. (2020). Quantitative research: A successful investigation in natural and social sciences. Journal of Economic Development, Environment and People, 9(4), 50–79. https://www.ceeol.com/search/article-detail?id=939590
Mutmainah, M., Sukmadilaga, C., & Nugroho, L. (2022). Development of Islamic insurance in Southeast Asia (Malaysia, Brunei Darussalam, and Indonesia): The progress perspective. Sosyoekonomi, 30(52), 243–255. https://doi.org/10.17233/sosyoekonomi.2022.02.13
Nurjanah, R. (2022, March 4). Tenaga medis perempuan di tengah stereotip gender [Female medical personnel amidst gender stereotypes] [HTML]. Hello Sehat. https://hellosehat.com/wanita/peran-tenaga-medis-perempuan/
Nurlatifah, A. F., & Mardian, S. (2016). Kinerja keuangan perusahaan asuransi syariah di Indonesia: Surplus on contribution [Financial performance of Islamic insurance companies in Indonesia: Surplus on contribution]. Akuntabilitas, 9(1), 73–96. https://doi.org/10.15408/akt.v9i1.3590
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