DSE Hajj Savings Planner

Planning for Hajj in Bangladesh

Performing Hajj is a dream for every Muslim in Bangladesh. However, with rising costs and the need for significant financial commitment, starting your savings early is essential. Traditional savings accounts often offer low returns and may involve interest (Riba).

Why invest in the Stock Market for Hajj?

The Dhaka Stock Exchange (DSE) offers a dedicated DSES Shariah Index. This index only includes companies whose business activities and financial structures comply with Islamic principles.

• Potential for Higher Growth: Historically, well-managed Shariah-compliant companies have outperformed traditional bank savings rates in the long run.
• Compounding Power: By starting a Systematic Investment Plan (SIP) in Shariah stocks or Islamic Mutual Funds, you benefit from the compounding of your capital over several years.
• Halal Earnings: Ensure that the funds used for your sacred journey are earned through ethical and halal means.

How to use the Hajj Planner

Our tool helps you determine exactly how much you need to save each month based on:

1. Target Cost: The estimated total expense for Hajj (including travel, stay, and other costs).
2. Time Horizon: How many years you have before you intend to perform Hajj.
3. Expected Return: The average annual growth you expect from your Shariah-compliant portfolio (typically 8-12% for diversified equity).

Islamic Mutual Funds in BD

If you are not an active trader, you can invest in Open-End Islamic Mutual Funds. These funds are managed by professional asset managers who only invest in Shariah-approved securities, making them an ideal vehicle for long-term Hajj planning.