Waqf is able to create a big contribution if it is managed productively. Therefore, there are many waqf institutions that are developing waqf productively, one of which is the UNISMA Foundation. By having good management, the UNISMA Foundation has succeeded in making productive waqf continues to grow through the establishment of business units. This study aims to obtain an overview and analyze the productive waqf management at the Waqf Institution of UNISMA Foundation in the perspective of Kuntowijoyo's prophetic social theory. This research applies a qualitative approach with the type of case study. The results showed that the management of productive waqf management was carried out through the implementation of management functions in the form of planning, organizing, directing and controlling functions. The analysis of Kuntowijoyo's prophetic social theory shows that in the management of productive waqf at the Waqf Institution of UNISMA Foundation, there are elements of Kuntowijoyo's prophetic social in the form of humanization, liberation and transcendence.