BPKH, Principal Asset Management, and MES hold event on the benefits of planning and saving for early Hajj
Jakarta, 1 September 2021 – PT Principal Asset Management (Principal) has collaborated with Badan Pengelola Keuangan Haji (BPKH) to support BPKH’s commitment to improving financial literacy regarding the importance to plan for an early Hajj. On Wednesday, 1 September 2021 at 10.00 AM., both organizations partnered with Masyarakat Ekonomi Syariah (MES) to host the virtual event titled “Plan Hajj Early, Get Blessings at The Holy Land of Mecca.”
“Our goal, through this collaboration with BPKH, is to encourage young Moslems to begin saving early so they can make the pilgrimage while they are young,” said Fadlul Imansyah, Syariah Director of PT Principal Asset Management. “Principal is dedicated to making financial security accessible to all, and helping people reach their financial goals, including their aspirations to afford and go for Hajj trip. We grateful to be able to work with BPKH to achieve these goals and to MES for hosting us.”
This webinar also invited Fadilah Kartikasasi, Sharia Capital Market Director of Otoritas Jasa Keuangan (OJK) and Asrorun Ni'am Sholeh, Second Head of Central Management of Masyarakat Ekonomi Syariah (MES) as the keynote speech speaker. In this webinar, A. Iskandar Zulkarnain, Executive Body Member of BPKH also gives the socialization regarding the importance of planning Hajj early. Fadlul Imansyah also gives an education regarding the importance of Syariah financial planning to prepare the Hajj budget fo everyone.
“BPKH consistently encourage the awareness of all Moslems in Indonesia to plan their Hajj early, in aim to avoid the high risk in health when a Moslem go for a Hajj trip. Most of activities at the Hajj pilgrimage needs strong physical condition. The requirements of Hajj pilgrimage requires isthitoah (ability) in preparing the Hajj piligrimage budget and also the istithoah in preparing the physical condition. By planning the Hajj pilgrimage budget as early as possible, the pilgrimage could be ddone optimally”, A. Iskandar Zulkarnain from BPKH said.
Aligned with the vision to improve and inform the public on the Syariah economic system in Indonesia, MES also supports this effort. Asrorun Ni'am Sholeh explains that this webinar is very important and relevant because there are changes in people's behavior and pattern in financial planning. “We see that to plan for Hajj trip budget, we can't only use the old way such as selling a land or regular saving, but it needs investment as way to optimize the financial planning. Therfore, this educational initiatve is very important and become an adaptive way to respond the evolving patterns and behaviors in financial planning.We at MES really thank BPKH and PT Principal who initiates this positive steps to fulfill the needs of the society"
Principal is committed helping more people save for their financial goals, including to go for Hajj. For the past year, Principal has conducted educational initiatives to support awareness of Hajj budget preparations and Syariah-compliant investments through Instagram (www.instagram.com/principal.id ) and the Principal Asset Management blog (blog.principal.co.id). For further information regarding Principal and our commitment to providing Syariah-compliant investment solutions, visit www.principal.co.id.
About Principal Financial Group®
Principal Financial Group® (Nasdaq: PFG) is a global financial company with 18,000 employees passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 45.5 million customers plan, insure, invest, and retire, while working to support the communities where we do business, improve our planet, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the World’s Most Ethical Companies, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.
 As of June 30, 2021.
 As of June 30, 2021.
 Ethisphere Institute, 2021.
 Pensions & Investments, 2020.
About PT Principal Asset Management
PT Principal Asset Management (formerly known as PT CIMB-Principal Asset Management), is a joint venture between Principal Financial Group®, a member of the FORTUNE 500® and a Nasdaq-listed global financial services and CIMB Group Holdings Berhad, one of Southeast Asia’s leading universal banking groups.
The company serves over 25,000 investors in Indonesia and has IDR 8.3 trillion in Asset Under Management as of December 2020. We offer a wide variety of solutions to help people and companies in building, protecting and advancing their financial well-being with our discretionary mandates and asset management expertise.
With innovative ideas and real-life solutions, the company helps achieving financial progress towards a more secure financial future possible for clients of all income and portfolio sizes.
PT Principal Asset Management has obtained a business license from the Capital Market authority as an Investment Manager based on the Decree of the Chairman of BAPEPAM Number: KEP-05 / PM / MI / 1997 dated May 7, 1997.
About Badan Pengelola Keuangan Haji (BPKH)
Badan Pengelola Keuangan Haji was formed as an organization that manages Hajj finance in Indonesia. BPKH is the public legal entity that is independent and directly responsible to the President of Republic of Indonesia. BPKH was formed based on.Law No. 34 of 2014 concerning Hajj finance management and PPresidential Regulation (Perpres) Number 110 of 2017 concerning BPKH.
For the last 3 years under the management of BPKH, hajj fund has increased above the average of Sharia financial institutions, providing liquid funds for more than 2 times of Hajj season, support the Hajj pilgrimage trip support, allocate the value of benefits to people who are in the waiting period, and organize benefit programs.
In its journey, BPKH conducts Hajj financial management based on Sharia principles, the principle of prudence, benefits, non-profit, transparency and accountable. Hajj Financial Management aims to improve the quality of Hajj Implementation, rationality and efficiency in the use of Hajj travel costs and benefits for the benefit of Muslims.
Tentang Masyarakat Ekonomi Syariah (MES)
Masyarakat Ekonomi Syariah (MES) is a non-profit organization that aims to develop and ground the Sharia economic system as an economic system that is fair and based on sharia principles. The nature of MES is to become a forum that is recognized as a reference and followed as an example for efforts to accelerate the development and implementation of an economic system and Sharia business ethics in Indonesia, independent, not a government organization (non-government organization), and not a political organization or part of it.
MES was founded on 1 Muharram 1422 H, coinciding with March 26, 2001, and declared on 2 Muharram 1422 H in Jakarta. Until now, MES has become an inclusive forum to gather all existing resources and build synergies between stakeholders in order to build and develop the sharia economy. To date, MES has been established in 14 countries (Special Regional Administrators), 29 Provinces (Regional Administrators) and 104 Regencies/Cities (Regional Administrators). Therefore, MES is a very strategic partner for stakeholders in developing the Islamic economy and finance to all corners of the archipelago.