Analisis Faktor, Struktur Hubungan dan Prioritas Minat Investasi Industri Asuransi Syariah Terhadap Sukuk Linked Waqf dengan Pendekatan Analytic Network Process (ANP)
DOI:
https://doi.org/10.38035/jafm.v7i4.3791Keywords:
Sukuk Linked Waqf, Asuransi Syariah, Minat Investasi, Analytic Network Process, Tata Kelola, Theory of Planned BehaviorAbstract
Penelitian ini mengkaji minat investasi industri asuransi syariah Indonesia terhadap Sukuk Linked Waqf (SLW), sebuah instrumen keuangan syariah yang menggabungkan fungsi investasi dan fungsi sosial melalui keterkaitan sukuk dengan aset wakaf. Penelitian bertujuan mengidentifikasi faktor faktor yang memengaruhi minat investasi tersebut, memetakan struktur hubungan antar faktor, menentukan faktor yang paling menentukan, serta merumuskan solusi dan rekomendasi strategis secara internal dan eksternal bagi industri asuransi syariah. Pendekatan yang digunakan bersifat kualitatif, diawali dengan wawancara mendalam kepada narasumber ahli yang mewakili perspektif regulator, pengelola wakaf, dan industri asuransi syariah, kemudian dianalisis melalui pengkodean dan pengelompokan tema. Tahap berikutnya menggunakan pendekatan Analytic Network Process (ANP) melalui perbandingan berpasangan untuk melihat struktur hubungan dan prioritas antar faktor secara lebih terukur. Hasil penelitian menunjukkan bahwa minat investasi industri asuransi syariah terhadap SLW dibentuk oleh dimensi karakteristik instrumen, nilai syariah dan sosial, tata kelola dan regulasi, serta kesiapan implementasi. Di antara dimensi tersebut, kejelasan tata kelola dan regulasi justru dinilai lebih menentukan dibandingkan aspek finansial semata, sejalan dengan karakter industri asuransi syariah sebagai investor institusional yang terikat prinsip kehati hatian dalam mengelola dana peserta. Berdasarkan temuan ini, penelitian merekomendasikan agar penguatan regulasi dan tata kelola diprioritaskan lebih dahulu, sebelum upaya sosialisasi dan perluasan pasar dilakukan secara lebih luas.
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