Hi, i'm jaka
steering portfolio strategy at the crossroads of Islamic finance and the Hajj-Umrah economy
I'm Herrijal Jaka Utama, Senior Manager for Portfolio Management at BPKH. I drive strategic oversight for BPKH subsidiaries and our direct investment portfolios, while orchestrating ecosystem positioning across Islamic finance and the Hajj-Umrah sectors. From high-stakes direct investments to optimized indirect placements, I bridge institutional rigor with high-impact growth. Let's build something rigorous together.
Services
What I bring to BPKH and the wider Islamic finance ecosystemInvestment Analysis
01Evaluating direct investments (equity placements, project-based investments) and indirect investments (fund placements, capital market instruments) within BPKH portfolio mandates.
Financial Modeling
02Building projection and simulation models, from BPIH cost projections to currency exposure and feasibility studies, that translate assumptions into decision-ready numbers.
Strategic Advisory
03Monitoring the subsidiaries of BPKH and direct or indirect investment of BPKH on positioning, structuring, and portfolio strategy within Islamic finance mandates.
Policy & Regulatory Analysis
04Reading regulatory shifts (Perpres, PP, PKBP, RUU) for second-order effects on institutional strategy, capital allocation, and the Hajj-Umrah ecosystem.
Ecosystem Mapping
05Structuring knowledge bases and entity maps across the Hajj-Umrah value chain to surface hidden opportunities and structural risks.
Project
Portfolio monitoring application tracking BPKH direct and indirect investments, deployed as a live web app for institutional use.
Live interactive dashboard for the BPIH (Biaya Penyelenggaraan Ibadah Haji) multi-year projection model, stress-testing assumptions on Nilai Manfaat sustainability for BPKH portfolio allocation decisions.
Live projection dashboard for the DAM project, modeling assumptions and outputs for institutional review.
Live research brief platform publishing structured analysis and strategic notes for institutional stakeholders.
Live market intelligence platform tracking sector trends and data relevant to investment and strategic decisions.
Live operational playbook for Hajj accommodation strategy in Makkah and Madinah, structuring guidance for BPKH and BPKH Limited Saudi operations.
Demo platform for leasing commercial space during the Hajj season, supporting an asset-optimization project for accommodation leased by the Ministry of Hajj and Umrah, designed so rental value flows back to the ummah.
Kajian Kriteria Investasi BPKH
Investment criteria study for BPKH with a full simulation model and interactive dashboard, linking BPIH projection assumptions to portfolio screening rules for direct and indirect placements.
Kajian Nilai Tukar IDR vs USD/SAR
Currency exposure study showing IDR real return of -2.40% per year against +2.00% for USD/SAR, recommending a 25-30% rebalancing toward USD/SAR over five years through dollar-cost averaging.
Ekosistem Perhajian
Structured reference layer mapping the Hajj and Umrah ecosystem.