Understanding term waqf (wakaf berjangka)
- Instrument
- Term waqf (wakaf berjangka)
- Principal
- Preserved & returned at maturity
- Partners
- BWI-licensed nazhir · OJK-licensed manager
- Note
- General education, not an offer
Term waqf, or wakaf berjangka, is a form of Islamic endowment where a donor contributes capital for a fixed period. Unlike a perpetual waqf, the principal is preserved and returned to the donor at the end of the term, while the returns generated during that period are channelled to social programs.
100%
principal returned at maturity
6 mo–10 yr
typical tenor options
How term waqf works
- 1
Endow the principal
via a Sharia bank (LKS-PWU)
- 2
Professionally managed
BWI nazhir + OJK-licensed manager
- 3
Low-volatility instruments
Sharia money market / sukuk
- 4
Returns fund programs
social impact on the ground
- 5
Principal returned
in full, at maturity
Your principal returns; its yield gives.
Governance is central. Funds are held by an independent custodian, managed by a nazhir registered with the Indonesian Waqf Board (BWI) together with an investment manager licensed by the Financial Services Authority (OJK), and overseen by a Sharia Supervisory Board. Term waqf is recognised within Islamic jurisprudence and supported by Indonesia's Law No. 41 (2004) on Waqf and its implementing regulation.
Kalayudha Foundation currently works with a BWI-licensed nazhir and an OJK-licensed investment manager. This page is general education, not an offer; specific schemes are subject to Sharia board and regulatory approval.
Explore the Waqf initiative
