DPR Questions Management of Mosque Waqf Funds Through IDX, Urges Caution
Member of Commission VIII of the Indonesian House of Representatives (DPR RI), Maman Imanulhaq, has asked Minister of Religious Affairs Nasaruddin Umar to be careful in managing mosque waqf funds through capital market instruments or the Indonesia Stock Exchange (IDX). According to him, waqf funds are a trust from the people and their management must prioritize the principles of prudence, sharia certainty, and public trust.
Maman emphasized that he is not anti-investment, but waqf must be productive without taking excessive risks. He encouraged the government to study alternative waqf management that is safer and sharia-compliant, such as developing productive waqf assets, financing micro businesses, and sharia investment instruments with clear oversight.
Before the policy is implemented, Maman asked the Ministry of Religious Affairs to involve scholars, experts in fiqh muamalah, sharia economists, waqf practitioners, and the Financial Services Authority (OJK). "Let's not chase financial gain but lose something far more important, which is the trust of the people," he stressed.
https://www.gelora.co/2026/08/