Abstract :
The purpose of this study is to analyze the financial performance of Islamic mutual funds using the Sharpe method during the COVID-19 pandemic in Indonesia. The research population is a mutual fund company totaling 55 Islamic mutual funds. The research sample is 15 sharia mutual fund companies that meet the criteria in March-December 2019. The data analysis used in this study is ratio analysis. Based on the results of research during the Covid-19 pandemic related to the performance of Islamic mutual funds according to Risk adjusted Performance, the financial performance of Islamic mutual funds with the Sharpe method on Principal Islamic Equity Growth Syariah mutual funds has the largest value of other mutual funds, which is -1.0841. When viewed from the comparison of Islamic mutual fund returns with JCI returns, the results show that the Sharpe index throughout March to December 2020 on average is below the JCI return.