Productive waqf management of Pondok Modern Darussalam Gontor for education

Abstract

Waqf plays a vital role in supporting socio-economic development, particularly in education. This study analyzes the management of productive waqf at Pondok Modern Darussalam Gontor and its contribution to institutional sustainability, Governance Theory, and Sustainable Development Theory. The findings indicate that Gontor has implemented a Holistic Waqf system supported by a professional governance structure involving the Waqf Board and YPPWPM. Waqf assets are developed into diverse business units that generate sustainable income to finance education, support teacher welfare, and ensure institutional continuity. This model reflects strong accountability, value-based governance, and long-term financial independence. However, replicating this model in other institutions remain challenging due to differences in leadership capacity, organizational culture and initial asset availability. This study contributes by offering an integrated theorical perspective in analysing waqf based educational institutions which remains limited in existing literature.