BPKH: Hajj Fund Management Secure with High Liquidity Standards

The Hajj Financial Management Agency (BPKH) is obligated to maintain liquid assets at least twice the total requirements for hajj pilgrimage operations. This ensures that whatever funds are needed for pilgrims’ departures, they are always ready and available.

Mataram (ANTARA) - The Hajj Financial Management Agency (BPKH) assures that all hajj funds currently managed are in a safe position, compliant with sharia principles, and meet high liquidity standards, as the investment strategy focuses on the principles of security and fund availability.

“BPKH is obligated to maintain liquid assets at least twice the total needs for hajj pilgrimage operations. This ensures that whatever funds are needed for pilgrims’ departures, they are always ready and available,” said BPKH Executive Board Member Arief Mufraini at the BPKH Connect event in Mataram, West Nusa Tenggara (NTB), on Tuesday.

Until May 2026, he said, the total funds managed by BPKH are recorded at Rp180 trillion, placed in sharia-compliant investment instruments with measured risks.

Arief explained that pilgrims’ principal deposits remain intact and undiminished. The results from investment management or benefit values are used to support hajj operational costs to keep them reasonable for the public.

Furthermore, virtual accounts, which are additional balance values for pilgrims still in the waiting period, can be monitored directly. Then, living expenses, namely the provision of pocket money for departing pilgrims for needs during their stay in the Holy Land.

In line with digitalisation and accountability as part of digital transformation, he said, BPKH now mandates transparency access through the BPKH Apps. Through this application, he continued, pilgrims can independently check their financial status, from benefit values to queue positions.

Furthermore, he emphasised that the BPKH Connect Forum in Mataram is part of BPKH’s series of efforts to enhance hajj financial literacy at the regional level. BPKH positions the mass media as a strategic partner in providing accurate education to counter disinformation related to hajj fund management.

“With the strengthening of investment instruments such as sukuk and sharia banking, BPKH is optimistic about continuing to provide positive contributions to Indonesia’s hajj ecosystem that is more professional and sustainable,” said BPKH Executive Board Member Arief Mufraini.