BPKH Partners with Danantara to Boost Hajj Fund Investment
BPKH is strengthening its investment governance and flexibility, particularly through strengthening the role of its subsidiaries abroad. This is in line with the revision of the Law on the Management of Hajj Funds.
“Through synergy with Danantara, we want to build an integrated national investment orchestration. Our subsidiary in Saudi Arabia will be a collaborative platform for state-owned and private national groups to enter in a more structured and competitive manner in the Hajj and Umrah ecosystem,” said the Head of the BPKH Implementing Agency, Fadlul Imansyah, in a press release on Thursday (26/2/2026).
The move focuses on strengthening subsidiaries as direct investment instruments abroad to optimise the value of Hajj funds, while also building synergy between national economic strength and international partnerships.
In its implementation, the development of BPKH’s subsidiary in Saudi Arabia is directed towards two main pillars, namely the integration of national investment with Danantara and state-owned enterprise groups, and institutional collaboration with the Saudi Ministry of Hajj and Umrah.
“With the right investment structure, we can ensure strategic control, disciplined risk management, and the creation of long-term value. This also opens up opportunities for participation by competent national private sector companies,” said Arief.
According to him, the synergy between BPKH, Danantara, and state-owned enterprises allows for the formation of a stronger and more measurable joint investment scheme.
The main pillars of this national synergy include a joint investment scheme between BPKH and Danantara, consolidation of the role of state-owned enterprises in strategic sectors such as accommodation, catering, transportation, and logistics, empowerment of national private sector companies that have high competitiveness, and the application of good governance and risk management standards in accordance with international best practices.
The move is considered important to align investment with regulations and the direction of development of the Hajj ecosystem in Saudi Arabia.
With the large number of Indonesian pilgrims each year, BPKH believes there is significant market potential.
Through coordination with local authorities, Indonesian companies are expected to be integrated systematically into the Hajj service supply chain, from the provision of hotels to other supporting services, while still upholding the principles of compliance and mutually beneficial partnerships.
BPKH affirms that all of these initiatives remain based on the primary mandate to provide optimal benefits for Indonesian pilgrims.
With transparent governance and cross-institutional synergy, BPKH is optimistic that it can build a more integrated, competitive, and sustainable Hajj ecosystem in the long term.