Istiqlal Mosque will not conduct an IPO because it is a non-profit organization. Istiqlal Mosque's participation in the Indonesia Stock Exchange aims to facilitate the "Let's Waqf Shares" Sharia Waqf Movement. This movement invites investors to donate a portion of their sharia shares to Nazhir Istiqlal, with dividends used for social programs. All instruments involved in this movement must comply with Islamic law principles and be listed on the Sharia Securities List. The Ministry of Religious Affairs is committed to educating the public about Islamic economics and ensuring transparency in waqf share management.
