Baitul-Mal is normally known as one of financial institution in Islam. This point is true because presently Baitul-Mal‟s role is more prominent in terms of providing assistance and contributions to reduce the poverty in the Muslim country. The rapid global economic changes towards 2020 clearly impact to the Baitul Mal as a Socio-economics institution, politically and economically. This paper tries to explore and examine some basic issues and challenges in the development of Baitul Mal facing economic transformation 2020 in the Indonesian context.