Islamic Finance

Indonesia’s new haj fund management agency to take over 95 trln rupiah fund by Nov - official


JAKARTA – Indonesian authorities have started to gradually move the country’s 95.2 trillion Indonesian rupiah ($7.14 billion) haj and sovereign wealth fund to the new independent haj fund management agency (Badan Pengelola Keuangan Haji, BPKH) that will receive the amount in full by November, director of the country’s current haj fund management agency at the Ministry of Religious Affairs, Ramadhan Harisman, told Salaam Gateway.

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tags:

Haj
Infrastructure
SWF