Islamic Insurance Management

Course unit title

Islamic Insurance Management

Course unit code

MNK354

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Year of study when the course unit is delivered

(if applicable)

Semester/trimester when the course unit is delivered

 4

Number of ECTS credits allocated

Name of lecturer(s)

Course coordinator: Sulistya Rusgianto, SE, M.IF, Ph.D

Lecturers:

1.  Nisful Laila, Dr, SE, M.Com

2.  Atina Shofawati, Dr, SE.,M.Si.

3.  Puji Sucia Sukmaningrum, SE, CIFP

4.  Sylva Alif Rusmita, SE, CIFP

5.  Ahmad Fadlur Rahman Bayuny, SEI.,M.Sc.IBF.

Learning outcomes of the course unit

Students are able to analyze the management and operations of Islamic Insurance companies

Mode of delivery (face-to-face, distance learning)

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

Course content

This course provides students with knowledge about the basics of management in Islamic insurance companies. The basic knowledge includes principles, basic contracts, operating models, types, products, risk management, investment and marketing in Islamic insurance companies. Various basic techniques of sharia insurance are also provided to deepen this knowledge, including the basics of actuarial science, underwriting, risk and contribution calculations, as well as their application to life/family and general/sharia insurance products. The measurement of the health of sharia insurance companies is also given to complete knowledge about the management of sharia insurance companies in Indonesia.

Recommended or required

reading and other learning resources/tools

·        Sula, Muhammad Syakir. 2004. Asuransi Syariah (life and general): Konsep dan Sistem Operasional, Jakarta: Gema Insani Pers (MSS) 

·        Adawiah, Engku Rabiah. 2008. Essential Guide to Takaful (Islamic Insurance). Kuala Lumpur: Center for Research and Training (ERA) 

·        Billah, Mohammad Ma’sum. 2003. Islamic and Modern Insurance: Principle and Practice. Kuala Lumpur: Ilmiah Publishers (MMB1) 

·        Billah, Mohammad Ma’sum. 2003. Islamic Insurance (Takaful). Kuala Lumpur: Ilmiah Publishers (MMB2) => versi ringkas dari no.3 

·        Iqbal, Muhammad. 2005. Asuransi Umum Syari’ah dalam Praktek. Jakarta: Gema Insani Press (MI) 

Planned learning activities and teaching methods

Lecture and discussion

Language of instruction

Indonesia

Assessment methods and criteria

Mid and final exam, Assignment, Quiz, dan Soft Skill