SELF-RELIANCE ECONOMIC SYSTEM BASED ON WAQF AT ISLAMIC BOARDING SCHOOL DARUSSALAM GONTOR INDONESIA

Abstract

This study aims to determine the concept of self-reliance of economics based on waqf in Pondok Modern Darussalam Gontor Indonesia and the impact of it in the development of education and financial institutions. This research is descriptive qualitative, the method of collecting data using documentation, whereas the method of data analysis using content analysis. The result of this study indicate that concept of self-reliance economic system based on waqf in Islamic Boarding School Darussalam Gontor begun from establishing of Waqf Enlargement Institution, known as YPPWPM, whose responsible is to develop, manage, and enlarge waqf asset through waqf business or social enterprise done by teachers and students under the supervision of headmaster, and the impact of waqf business towards education development is known from the cheapest tuition fees of the school and the meals for students, and also the scholarship for teachers while they study in higher education.