Peran Asuransi Syariah dalam Meningkatkan Ketahanan Ekonomi Masyarakat Perkotaaan di Era VUCA: Studi di Kota Medan

The dynamic development of urban economies in the VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) era has increased various financial risks that may affect community economic stability. Sharia insurance serves as a financial protection instrument based on the principles of ta’awun, takaful, and risk sharing, potentially helping communities cope with economic uncertainty. This research employed a quantitative associative approach involving 35 residents of Medan City who were familiar with or used sharia insurance, selected through purposive sampling. Primary data were collected using a five-point Likert-scale questionnaire and analyzed using SPSS through validity, reliability, simple linear regression, coefficient of determination, t-test, and F-test. All research instruments were found to be valid and reliable, with Cronbach’s Alpha values of 0.916 for the role of sharia insurance variable and 0.903 for economic resilience. The regression analysis produced a coefficient of 0.828, with a t-value of 7.396 and a significance level of 0.000 < 0.05. The coefficient of determination (R²) of 0.631 indicates that the role of sharia insurance explains 63.1% of the variation in community economic resilience, while the remaining 36.9% is associated with factors outside the research model. The findings indicate a positive and significant relationship between the role of sharia insurance and the economic resilience of urban communities in Medan City.