The excellent potential of benefit waqf has not been fully realized since nāẓir or the community failed to develop a strategy and did not innovate enough on the advantages of waqf and its administration. One of the successful principals in administering benefits waqf is the Tazakka Modern Boarding School with its innovation and programs on endowment benefits. This study intends to identify the benefit waqf development approach for Tazakka Modern Boarding School for economic independence. With a descriptive strategy, this study employs a qualitative methodology. The results of this study demonstrate that the development of benefit waqf in Tazakka is advantageous for economic independence with three distinct benefit waqf categories. So, for future researchers to be able to discuss professional nāẓir with good management and strategy, to maximize the potential and role of beneficial waqf in improving the economy and people's welfare.

Productive endowment, or "Wakaf" in Islamic finance, refers to a permanent or fixed asset donated for use in production activities, with the results distributed in accordance with the purpose of the endowment. Productive endowments can provide substantial contributions and potential if professionally managed, but many people often overlook them. The aim of this research is to explore the POAC (Production-Oriented Endowment, Administration, and Control) approach in managing productive endowments and its applications in Indonesia. This is a qualitative field research conducted within the "Rumah Wakaf" Foundation in Surabaya, Indonesia, as one of the institutions managing productive endowments. Data was collected through observations, interviews, and document analysis. In data analysis, the POAC approach was used as a framework for assessing productive endowment management. The results of this research revealed that the management of productive endowments in the "Rumah Wakaf" Foundation in Surabaya aligns with the POAC approach in Indonesia. This is evident in the successful execution of the "Educational Endowment" and the "Economic Productive Endowment" programs, which have effectively delivered benefits to the community. In the "Cash Endowment" program, the foundation has taken on the role of overseeing the cash endowment, ensuring its sustainability. The "Term Endowment" program is also well-managed and productive, while the "Professional Endowment" program has three participants.