DPR Reminds Caution in Managing Waqf Funds Through the Capital Market

BANDA ACEH – Member of Commission VIII of the Indonesian House of Representatives (DPR RI), Maman Imanulhaq, asked Minister of Religious Affairs Nasaruddin Umar to be careful in managing waqf funds through capital market instruments or the Indonesia Stock Exchange (IDX). He emphasized that waqf management must pay attention to the principles of prudence, sharia certainty, and public trust. "Waqf funds are a trust from the people. Don't let us, because we want to chase big returns, choose instruments that raise doubts from the sharia side," he said in Jakarta, Wednesday, August 12, 2026. Maman encouraged waqf funds to be managed professionally, productively, transparently, and provide long-term benefits. He asked the Ministry of Religious Affairs not to rush and to involve scholars, fiqh muamalah experts, sharia economists, waqf practitioners, OJK, and related institutions before the policy is implemented. "If there is an investment scheme that meets sharia principles, the risk is measurable, transparent, and provides real benefits for the people, of course it can be studied. But don't force one model just because it looks financially promising," he stressed. https://www.harianaceh.co.id/2026/08/12/banyak-jalan-halal-dpr-pertanyakan-kok-dana-wakaf-umat-masuk-bei/