Video: BPKH Manages Hajj Funds to Keep Hajj Costs Affordable

Jakarta, CNBC Indonesia - The Hajj Financial Management Agency (BPKH) records managed Hajj funds reaching Rp 180.72 trillion by the end of 2025. BPKH is tasked with managing, safeguarding, and developing Hajj funds in a safe, transparent, and accountable manner based on Sharia principles. In managing Hajj funds, BPKH Head Fadlul Imansyah highlighted several challenges, primarily in ensuring the value of the funds is maintained and consistent with targets amid rupiah exchange rate volatility, given that 80% of Hajj costs, around Rp 18 trillion, are paid in US dollars and Saudi riyals. BPKH is committed to managing Hajj funds to the maximum to keep Hajj costs affordable and reduce the burden on pilgrims. Therefore, in investment management, BPKH places 75% of Hajj funds in Sharia State Securities (SBSN) in both rupiah and US dollars. BPKH also ensures liquidity readiness at twice the annual Hajj fund requirements to prevent issues with Hajj costs. For more details on Hajj fund management, watch the dialogue between Shania Alatas and BPKH Head Fadlul Imansyah on Profit, CNBC Indonesia (Monday, 09/03/2026).