This research designs and implements Islamic Corporate Governance (ICG) at pondok pesantren (Islamic boarding school) Miftachussunnah in Surabaya so that it can be used as a reference for the improvement of governance and institutional structure in the pondok pesantren. This research will use the qualitative method. As a result, the discussions in this financial aspect include three things: financial planning and management conditions, analysis and recommendations. In conclusion, the preparatory phase consists of several steps, namely: a preliminary survey, findings, analysis of findings primarily to analyze governance management and institutional structures.