BPKH Appoints PermataBank Syariah as Partner to Receive Hajj Organizing Fee Deposits

The Hajj Financial Management Agency (BPKH) has once again appointed PermataBank Syariah (PermataBank) as one of its Banks Recipient of Hajj Organizing Fee Deposits (BPS-BPIH).

Why it Matters?

Herwin Bustaman, Director of PermataBank's Shariah Business Unit, expressed that this would enable the provision of Islamic banking services for prospective Indonesian pilgrims through safe and reliable digital banking facilities. Placing Hajj funds in Islamic banking enables a long-term source of funding that can support the development of the Shariah economy.

Details

The 2020 Financial Report of BPKH stated that Hajj funds managed by BPKH reached IDR 144.91 trillion, up 16.56% compared to 2019. The total of Hajj funds placed...