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The growth of sharia insurance in Indonesia continues to occur. This is a sign that the people in Indonesia have good risk management because the companys growth is supported by the increase in customers in sharia insurance companies. This condition must be supported again by the conditions in which the company has a good performance, so the company must find a way to continue to improve its performance. This study is aimed to determine the effect of leverage, firm size, and company age on the financial performance of sharia companies. The method used is through quantitative research using multiple regression. The method of data collection uses a purposive sampling technique carried out to all populations, namely all Islamic insurance companies in Indonesia from 2012 to 2018. The results of the study show that leverage and age of the company do not succeed in influencing financial performance, while firm size has a positive effect on financial performance. Therefore it is important for companies to continue to increase their assets, especially in collecting funds from the public as the companys ingredients in managing their finances to improve their financial performance.

Based on the research results, the capital structure does not affect financial performance, while company size has a positive effect, and company age does not affect financial performance.The studys findings are unique due to the relatively young age of most sharia insurance companies in Indonesia.Further research should consider alternative dependent variables and additional independent variables to enhance the understanding of financial performance in this sector.

Penelitian lanjutan perlu dilakukan untuk mengidentifikasi faktor-faktor lain yang memengaruhi kinerja keuangan perusahaan asuransi syariah di Indonesia, mengingat temuan bahwa struktur modal dan usia perusahaan tidak signifikan. Studi lebih lanjut dapat mengeksplorasi peran kepemimpinan, tata kelola perusahaan, dan inovasi produk dalam meningkatkan profitabilitas. Selain itu, penelitian dapat difokuskan pada analisis perbandingan antara perusahaan asuransi syariah dan konvensional untuk mengidentifikasi praktik terbaik dan peluang peningkatan kinerja. Terakhir, penelitian dapat memperluas cakupan dengan mempertimbangkan faktor-faktor makroekonomi seperti tingkat inflasi, suku bunga, dan pertumbuhan ekonomi yang mungkin memengaruhi kinerja perusahaan asuransi syariah, sehingga memberikan wawasan yang lebih komprehensif bagi para pemangku kepentingan industri.

  1. African Journal of Business Management - factors affecting bank profitability in europe: an empirical... academicjournals.org/journal/AJBM/article-abstract/00B6DAF60653African Journal of Business Management factors affecting bank profitability in europe an empirical academicjournals journal AJBM article abstract 00B6DAF60653
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