Abstract
Education is the mainkey for improving the quality of civilization and human resources. Education in Indonesia facing a wide range of educational issues, such as collapsing school buildings, children drop out of school because of the expensive cost, teachers who lack of focus on teaching due to restricted honors received, etc. Islam has the solutions for those problems through waqf instrument. Waqf is a typical Islamic financing instrument that can be a solution to the problems of education in Indonesia. This paper attempts to discuss the role of endowments for the development of education, and the steps that must be done so that endowments can be a solution to the problems of education in Indonesia. From the discussion, it can be concluded that Indonesia has a huge potential asset of waqf to be developed, ie the number of waqf land and the very large endowments of money as waqf. Â Waqf must be managed by an independent charitable organization, professional, trustworthy and focusing on productive forms of waqf.
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