Colin is right - it's a plastic ring that comes with the wheel, at least on an E30 like the on in your sig. You might be able to salvage it from another wheel.
Also note that you might have the tab on the wheel, but it's too far away from the turn signal. The airbag wheel is thicker than a non-AB wheel; just move the spacer from under the steering wheel. Put the wheel on first, then the spacer, then the nut. Be sure your turn signal stalk is centered before you do this. Also be aware that the control stalks for the AB and non-AB cars are different. You can bend the AB stalks to fit, or just find an earlier non-AB set to fit properly.
If it's a later E36, that's called a slip ring. In that case...
Ebay is your friend.