Bank Indonesia's Support Cultivates Economic Independence at Thohir Yasin Islamic Boarding School

The Thohir Yasin Islamic Boarding School in Lombok, West Nusa Tenggara, stands as a testament to Bank Indonesia's (BI) successful initiative in fostering economic and financial independence within the Islamic economy ecosystem.

Established around 1991 and led by TGH. Ismail Thohir, the Salaf Modern Thohir Yasin pesantren now encompasses 13 educational institutions, from kindergarten to university level. Beyond religious studies, the pesantren actively engages in economic and entrepreneurial activities to ensure its self-sufficiency. Key sectors developed include agriculture, livestock, and trade.

"So, in this pesantren, we are trying to improve the Islamic economy. Alhamdulillah, with support from BI, we are learning to become an independent pesantren," stated TGH. Ismail Thohir, the leader of the pesantren. He explained that BI has been mentoring the institution since 2021, providing crucial support such as business capital and investment for facilities like chicken coops, a poultry slaughterhouse, greenhouses, and a rice milling machine.

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So, in this pesantren, we are trying to improve the Islamic economy. Alhamdulillah, with support from BI, we are learning to become an independent pesantren.

These resources have been optimized to generate economic value. Produce from agricultural, livestock, and trade activities partially fulfills the pesantren's daily needs, with the surplus sold externally, generating profits. These earnings are reinvested into operational costs, including staff salaries and further pesantren expansion. The initiative also creates local employment and provides social benefits, offering education to those in need within the surrounding community.

"Alhamdulillah, for several years now, the economy has visibly improved. Pondok Thohir Yasin also helps underprivileged children, those with weak economies, including orphans and the poor, to get an education. About a hundred children are supported (to get an education) thanks to the economy at Pondok Thohir Yasin," Ismail elaborated. He expressed happiness over the pesantren's economic achievements and their broad social impact, attributing this success to BI's consistent support over the past five years in promoting independent pesantren.

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Alhamdulillah, for several years now, the economy has visibly improved. Pondok Thohir Yasin also helps underprivileged children, those with weak economies, including orphans and the poor, to get an education. About a hundred children are supported (to get an education) thanks to the economy at Pondok Thohir Yasin.