EDUCATION WAQF: AN ALTERNATIVE FINANCING OF ISLAMIC EDUCATION TODAY

Management of education requires not small amount of funding. Starting from funding for teachers and students to guarantee the availability of infrastructure. For these conditions, waqf is considered as an alternative support and guarantee of the availability of financing referred to. Waqf is one of the potential sources of Islamic finance for Muslims. Waqf is a treasure of the people which can be used by all and for all time. Waqf can cope with the cost of education in the future. If the cost of education can be overcome by funds raised from waqf, Islamic education will be better in the future because from the historical point of view it has been exposed.