Regulation Analysis of Sharia Compliance Supervision in Islamic Banking in Indonesia

Islamic financial institutions rank impressively, including Islamic banking. statistics released by bank indonesia confirm this. at the same time, support for the legality of Islamic banking operations has gained solid support. in the process of establishing Islamic banking, many problems were encountered in legal regulations, but these problems were resolved with the enactment of Islamic banking regulations no. 21 of 2008. the validity of Islamic banking regulations is governed the National Sharia Board Council of Indonesian Ulama (DSN-MUI). This council acts as a recommender in keeping Islamic banking within the rules of sharia. Islamic banking products must be controlled under sharia compliance by the DSN-MUI. then, the fatwa is absorbed by Bank Indonesia and Bank Indonesia Regulation (Regulation Bank Indonesia) is set to be. In this context, the national banking regulator has a significant association with DSN-MUI fatwa