About Muamalat
About Muamalat
News
2025-08-28

Institutional Endowment Fund Program

Title

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Institutional Endowment Fund Program

Description

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The Endowment Fund Program for Institutions, particularly educational institutions, is financed through contributions from the academic community, students, and alumni, with the benefits derived from the profit-sharing of these funds allocated for the institution’s interests (close loop).

Participant

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Institutional Clients, particularly in the education segment

Coverage Area

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National

Period

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Until 31 December 2025

Terms & Conditions

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  1. The institution collaborates with Bank Muamalat and Baitulmaal Muamalat
  2. Baitulmaal Muamalat serves as the nazhir (trustee) managing the institutional endowment fund, which will be placed and invested in Bank Muamalat’s instruments
  3. Bank Muamalat, Baitulmaal Muamalat, and the institution carry out reciprocal programs to raise the institutional endowment fund

Program Information

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Bank Muamalat Indonesia Branch Office 

  

FAQ Program

Q

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What is the Institutional Endowment Fund Program?

The Endowment Fund Program for Institutions, particularly educational institutions, is financed through contributions from the academic community, students, and alumni.

Q

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What is the purpose of an Institutional Endowment Fund Program?

  1. To provide a long-term, sustainable source of funding for the institution.
  2. To support various institutional activities and initiatives, including education, social programs, welfare projects, and others.
  3. To contribute to SDG-related welfare initiatives, such as scholarships and other programs.

Q

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Why is Baitulmaal Muamalat involved in this program?

Because the program’s fundraising is carried out through a cash waqf scheme, Baitulmaal Muamalat serves as the Nazhir, responsible for collecting and managing the waqf funds.

Q

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How long is the fundraising period for the Institutional Endowment Fund?

The fundraising for the Institutional Endowment Fund can continue for as long as the institution exists. The larger the funds collected, the greater the returns will be, allowing more beneficiaries to benefit from it.

Baca Juga :