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

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.