This article discusses several potential waqf instruments in higher education. It examines the potential financing instruments of higher education in using waqf instruments in the development of waqf at the State Islamic Religious Council (MAIN). This study was conducted by interviewing five Islamic Religious Council (MAIWP), Selangor Wakaf Corporation (PWS), Negeri Sembilan Wakaf Corporation (PWNS), Johor State Islamic Council MAINJ) and Penang State Islamic Religious Council (MAINPP). As commonly known, MAIN is the sole trustee of a waqf estate in the country. Therefore, the instruments that have been implemented in MAIN are more practical for higher education. In addition, the discussions in this article also put forward several proposals to realise waqf instruments in higher education.