Islamic Development Bank is a multilateral development financial institution that delivers the Islamic financial services in its 57 member countries. The Islamic Development Bank generously presents the Undergraduate Scholarships for students from its member country to pursue a bachelor’s degree. The scheme serves educational opportunities to academically meritorious young students from Member Countries and Muslim communities in non-member countries to pursue undergraduate or first-degree study at a public/government university. In addition to that, the scholarships aim to train them in specific fields to empower communities to support the achievement of the Sustainable Development Goals (SDGs) and the Presidency 5-Year Plan (P5P).
Funding/Financial Aid
This is a fully-funded opportunity for undergraduate students to pursue undergraduate study. Moreover, the scholarship covers the following expenses of the successful recipient
- Monthly stipend to cover the cost of living and studying in a particular country.
- Tuition fees, if any, subject to IsDB’s approval.
- Cost of medical treatment at a university/government hospital.
- A round trip economy class return air tickets; also the cost of installation and equipment allowance for the students selected to study abroad at partnered universities/countries.
Requirements
The Islamic Development Bank Undergraduate Scholarships Programme is open to all the candidates who demonstrate a strong desire to engage in social services and community development after graduation. Moreover, the potential incumbent will have the following criteria
- Citizens of any of the IsDB member countries or Muslim communities in non-member countries.
- Completion of high school with minimum good grades in major subjects; or currently studying in the first year at one of the top public/government universities in their own countries or in member countries have an agreement with the IsDB (Malaysia, Morocco, and Turkey).
- Must not be a receipt of any other scholarship or funding.
- Furthermore, candidates must be medically fit and willing to undergo medical tests after selection.
Terms and Conditions
The successful recipient of the scholarships will have to agree to do the following things
- Sign the IsDB’s prescribed Scholarship Agreement stating their commitment to their studies and serve their communities and countries upon graduation;
- Commit to cover, after the completion of their undergraduate study, either tuition fees of the first year of their Master’s degree. In this case, the IsDB will support them by covering the fees of their second year of study. Otherwise, they shall cover the cost of the first year of study for a new undergraduate student from the same community/country nominated by the IsDB.
- Devote themselves to their studies on a full-time basis and without interruption; provide the IsDB with progress reports on their studies on a regular basis;
- Must not seek or accept other scholarship or remunerated work during their study under the Programme;
- Respect the laws of the country of study and maintain good personal and professional conduct consistent with the rules, regulations and objectives of the Programme and the overall mission of the IsDB;
- Register to the IsDB Alumni after graduation to network with other alumni; eep updating the IsDB about their progress and achievements in their communities/countries.
CLICK HERE TO APPLY