Easy and Blessed: How to Prepare for Qurban with Shariah Mutual Funds
Bareksa reports that Eid al-Adha is a moment Muslims look forward to each year. In addition to being a time for sharing and strengthening social concern, Eid al-Adha also reminds Muslims to prepare themselves to be able to offer sacrifice. However, the rising price of sacrificial animals means some people need to set aside funds well in advance. As a result, more people are seeking ways for saved funds not to stagnate but to potentially grow through Shariah-compliant investments. One instrument currently attracting attention is Shariah fixed income mutual funds because they are considered stable and aligned with Shariah principles.
One instrument that is quite popular is the Syailendra Sharia Fixed Income Fund (SSFIF) Class A, which allocates funds to corporate sukuk and government sukuk with relatively low volatility to preserve portfolio value.
SSFIF has assets under management of around Rp3.3 trillion. In terms of performance, SSFIF has recorded a net return of around 7.07% per year by predominantly investing in corporate sukuk products. However, investors should understand that investment results can change with market conditions and that past performance is not indicative of future results.
Investing regularly can help prepare funds for Qurban. Many people think investing must start with a large capital, but consistency is a key to building funds for financial goals or acts of worship. Through regular investing, people can begin preparing for Qurban little by little; the earlier it starts, the more time the funds have to grow.
Illustrative example with historical data:
Monthly investment: Rp1 million
Total capital: Rp24 million
Investment return (2 years): Rp25.78 million
Return (profit): Rp1.78 million (approximately 7.4% gain)
Source: Bareksa
As the simulation shows, a monthly investment of Rp1 million for two years in SSFIF helps the money grow by about 7.4%, enabling the financial goal, including buying a sacrificial animal.
Of course, the value of investments can rise or fall in line with market conditions since sukuk instruments still have prices that move daily. Yet the key point investors should watch is the amount of coupon payments generated by the series of corporate or government sukuk within SSFIF.
Through this understanding, investors can be more confident in facing daily fluctuations and stay focused on longer investment horizons.
Islamic investment is not just about profits. For some Muslims, halal investing is also part of managing sustenance in line with Shariah principles while planning for the future.
Kurban is not only about today’s ability but also about effort and preparedness. Through good financial planning and selecting the right Shariah investment instrument, people can begin preparing for Qurban gradually.
Finally, small consistent steps can help realise good intentions for the future, including the ability to regularly sacrifice each year.
Invest in Syailendra Sharia Fixed Income Fund