Start a waqf fund without becoming a nazhir

We run the registered nazhir, sharia board, and payment setup. You stay in control of the fund's investment and beneficiaries.

Doing it yourself means building a small financial institution first

Setting up your own nazhir

  • Form a legal entity and register as a cash waqf nazhir with Indonesian Waqf Board (BWI)
  • Recruit a Sharia Supervisory Board and design governance
  • Set up LKS-PWU accounts, waqf pledge deeds and cash waqf certificates
  • Build record-keeping, periodic reporting and fundraising channels
  • Carry team, technology and audit costs from day one

With Waqf by Kitabisa

  • Your fund runs under a nazhir that is already registered and supervised
  • Sharia board, contracts and waqf documents are ready
  • Payment channels and waqif records are connected out of the box
  • Free dashboard and public page ready to use
  • Your team focuses on the programs and impact

What you get when you build on Kitabisa

01

Licensing and governance are done

Your fund is managed by Nazhir Wakaf Uang Salam Setara, officially registered with the Indonesian Waqf Board (BWI) and overseen by a Sharia Supervisory Board.

BWI-registeredSharia boardCash waqf certificatesPeriodic reports
02

You make the key calls

Within sharia and waqf regulation, you decide:

The principal management profileSukuk, sharia deposits or productive ventures.
The beneficiariesSet the cause, programs and distribution partners that fit your mission.
03

No platform fees

Free management dashboard and public page where people can give.

Waqf fund dashboardRp0
Public page & checkoutRp0

Getting started

  1. Step 1

    Scope the fund

    Talk through your goals, impact themes and the waqifs you want to bring in.

  2. Step 2

    Set the policy

    Choose the principal management profile and beneficiaries. We formalise them in the waqf pledge and documents.

  3. Step 3

    Launch

    Your public page and dashboard go live. Invite staff, partners and the public to give.

  4. Step 4

    Distribute and report

    The principal stays intact, returns are distributed, and impact reports are published regularly.

Waqifs

Your institution, staff, partners, the public

Your waqf fund

The principal stays invested and can't be spent

Sharia management

Following the policy you set

Mauquf alaih

The beneficiaries you've chosen

The product

A dashboard for your team and a page for your donors

Fund manager dashboard. Track principal, returns, waqifs and distributions. Export reports for your board, auditors or sustainability reporting.
Public page. Branded with your institution's name and story. Waqifs can give once or on a recurring basis.

Case studies

Funds already running

EducationHumanitarian

Salam Setara

Education & humanitarian endowment

Running since 2023. Its returns fund BISA Project scholarships and humanitarian recovery in Palestine.

Distribution partners
BISA Project, INH, MER-C, Build Palestine
Impact
[impact figure]
View fund page
ClimateCorporate

Bakti Barito

Climate endowment

A corporate endowment whose returns pay for environmental programs. [Program summary]

Beneficiaries
[climate program]
Impact
[impact figure]
View fund page
Foundation

Syamsi Dhuha Foundation

Foundation endowment

Gives the foundation a steady source of program funding, with no need to register as a nazhir. [Program summary]

Beneficiaries
[foundation program]
Impact
[impact figure]
View fund page

Our nazhir governance

Who's accountable

Every partner waqf fund is managed by Nazhir Wakaf Uang Salam Setara, registered with the Indonesian Waqf Board (BWI) under registration number 3.300268, and overseen by a Sharia Supervisory Board.

Indonesian Waqf Board (BWI)DSN-MUI fatwasWaqf Law No. 41/2004
  • RudiantaraChair, Board of Patrons
  • Achmad ZakyBoard of Patrons
  • Salman SubakatBoard of Patrons
  • Vikra IjasBoard of Patrons
  • Ustadz Thuba Jazil, Ph.D.Sharia Supervisory Board
  • Ustadz Awang Muda Satria, Lc., M.IRKH., CFP.Sharia Supervisory Board

FAQ

Common questions

Does our institution need to become a nazhir?

No. Your waqf fund is managed under Nazhir Wakaf Uang Salam Setara, already registered with BWI. Your institution acts as the initiator and sets the fund's direction.

How much can we decide on management and beneficiaries?

You choose the principal management profile and the mauquf alaih, and both are set out in the waqf pledge. Everything stays within sharia principles and applicable waqf regulation.

Are returns guaranteed?

No returns are guaranteed. The waqf principal is preserved and may not be sold or transferred, while returns depend on the performance of the sharia instruments chosen.

What does it cost?

The dashboard and public page are free. The nazhir's share follows the Waqf Law: no more than 10% of net management returns. [Scheme details confirmed by our team]

Who can give to our fund?

Your institution, your employees, business partners, and the wider public through your fund's public page, once or on a recurring basis.

Ready to set up your fund?

Tell us what you want the fund to support. We'll walk you through the setup and the paperwork.

Contact the Waqf Team