TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Bareksa launches savings service with sharia mutual funds for 'umrah'

Safe, halal, trustworthy and integrated, Bareksa Umroh offers sharia mutual funds for customers to finance their umrah (minor haj).

News Desk (The Jakarta Post)
-
Sat, July 20, 2019 Published on Jul. 16, 2019 Published on 2019-07-16T13:20:15+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
As a mutual fund is an official investment product supervised by the Financial Services Authority (OJK), Bareksa Umroh could be considered a reliable alternative for umrah savings. As a mutual fund is an official investment product supervised by the Financial Services Authority (OJK), Bareksa Umroh could be considered a reliable alternative for umrah savings. (Shutterstock/JohnKwan)

Bareksa, an integrated investment marketplace, has introduced a new platform named Bareksa Umroh.

Safe, halal, trustworthy and integrated, Bareksa Umroh offers sharia mutual funds for customers to finance their umrah (minor haj).

Rani Sumarni, Bareksa sales and marketing chief, said in a statement that the company wanted to spread awareness that mutual funds could help customers achieve their short-term and long-term financial goals, including one as specific as umrah.

“A mutual fund is an easy, flexible and affordable investment instrument. Furthermore, a sharia mutual fund offers higher earnings than deposits […] without usury,” Rani said.

Bareksa has partnered with experienced and reputable umrah and haj travel agent Al-Qadri Umrah and Haji to add value to the savings plan service.

Read also: Online sale boosts mutual fund industry

This new platform was well received by the Religious Affairs Ministry’s director of umrah and haj council, Arfi Hatim, who said it could help umrah and haj pilgrims avoid fraud.

“The government’s concern is that the umrah and haj pilgrim are well-protected during the whole trip and the pilgrimage […],” said Arfi.

The Religious Affairs ministry expects the number of umrah pilgrims to grow in relation to Indonesia’s limited haj quota.

However, the large demand is not balanced with the growth of professional and licensed umrah tour operators, which may lead to fraud.

As a mutual fund is an official investment product supervised by the Financial Services Authority (OJK), Bareksa Umroh could be considered a reliable alternative for umrah savings. (nic/mut)

 

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.