Indonesian Waqf Board is an independent state institution formed based on Law Number 41 of 2004 concerning Waqfs. This Board was formed in the framework of developing and advancing representatives in Indonesia.
Secretariat: Bayt Al Quran Building Beautiful Indonesia Miniature Park (TMII)

Jl. Raya TMII Pintu 1 - Jakarta Timur 13560

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T: +6221-87799232

     +6221-87799311

F: +6221-87799383

E: bwi@bwi.or.id

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visitor since May 18, 2019

visitor since June 1, 2019 (Flag Counter Installed)

duties and authority

Based on Article 49 Paragraph 1 of Law Number 41 of 2004 concerning Waqf, BWI has the following duties and authorities:

 

  1. To guide Nazhir in managing and developing waqf property.

  2. Managing and developing waqf assets on a national and international scale.

  3. Give approval and or permission for changes in the allocation and status of property of waqf.

  4. Stop and replace Nazhir.

  5. Give approval for the exchange of waqf property.

  6. Providing advice and consideration to the Government in policy formulation in the field of representation.

 

Then, through BWI Regulation Number 1 of 2007 concerning the Organization and Work Procedure of the Indonesian Waqf Board, BWI describes the duties and authorities as follows:

  1. Providing guidance to Nazhir in managing and developing waqf property.

  2. Making guidelines for managing and developing waqf property.

  3. Managing and developing national and international waqf assets and abandoned waqf property.

  4. Give consideration, approval, and / or permission for changes in the allocation and status of waqf property.

  5. Give consideration and / or approval for the exchange of waqf property.

  6. Providing advice and consideration to the Government in policy formulation in the field of representation.

  7. Receiving, evaluating, issuing proof of Nazhir registration, and re-raising Nazhir who has expired.

  8. Stop and replace Nazhir if deemed necessary.

  9. Provide advice and considerations to the Minister of Religion in appointing Sharia Financial Institutions to Receive Cash Waqf (LKS-PWU).

  10. Receive registration of the Waqf Pledge (AIW) for movable objects other than money from the Acting Deed of Waqf (PPAIW).

In carrying out its duties and authority BWI cooperates with the Ministry of Religion (c.q. Directorate of Waqf Empowerment), Indonesian Ulema Council, National Land Agency, Bank Indonesia, National Development Planning Agency, Islamic Development Bank, and various other institutions. It is possible that BWI will also cooperate with entrepreneurs / investors in order to develop waqf assets to become more productive. []