Abstract. This study aims to determine the performance of Islamic Mutual Funds in

Public trust is closely related to the quality of the financial information which is presented by Zakat Management Organization (ZMO). The information will be useful if the information is able to support the community decision-making to entrust their zakat to ZMO. Sharia Supervisory Board (SSB) is a very important organ in the Islamic financial institutions (IFIs), SSB ensures all the objectives of Islamic governance are achieved, which includes directing, reviewing and supervising all the activities of IFIs in order to adhere to sharia. This study aims to determine the relation role of sharia supervisory board on the quality of financial reporting. The method which is used in this study is a survey method. The unit of analysis in this study is the ZMO in Indonesia. The respondents in this study are director, member of the supervisory board of sharia as well as Zakat collection and utilization. The hypothesis testing uses moment product moment correlation and coefficient of determination (R2). The result of this research is the relation of sharia supervisory board role with the quality of financial reporting is positive and very strong

Sharia-based financial institutions are being developed in Indonesia, especially in Islamic banking and Islamic capital market institutions. The role of financial institutions in economic growth in Indonesia is defined as financial deepening. This study tries to examine the variables of third party-funds, state sukuk and corporate sukuk towards financial deepening. The used research method in this research was the causality method with quantitative approach. The population in this study is Islamic banking and Islamic capital markets, which are registered at the Financial Services Authority (FSA). The sampling technique was saturation sampling. The used method in this research was descriptive-explanatory method with multiple linear regression analysis. The dependent variable in this study is financial deepening. While, the independent variable in this study are the third-party funds, corporate sukuk, and state sukuk. The results show that third-party funds affect financial deepening, state sukuk affects financial deepening, and corporate sukuk does not have any effect on financial deepening.

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This research aims to find out how the sharia compliance supervision on murabaha financing, as well as things become supporters and obstacles in fulfillment of sharia principles on murabaha financing at BMT. This study used a qualitative descriptive method. The data used is Primary data were obtained from interviews. Determination of data sources using purposive sampling method by interviewing people who were directly involved in the practice as well as the supervision of murabaha financing. Mechanical testing of the credibility of the data using triangulation theory and triangulation source. Monitoring compliance with sharia on murabaha financing is more focused on the Sharia Supervisory Board (SSB), but oversight has not done optimally. As for the supporting fulfillment of sharia principles among which the active role of SSB, and the training given to employees about Islamic principles, while obstacles in fulfillment of sharia is the understanding and awareness of the BMT and the client is still low for implementing murabaha financing that is true to the principles of Islam.