The International Shari’ah Research Academy for Islamic Finance (ISRA) invites qualified students with excellent academic achievements and active in co-curricular activities to apply for the Shari’ah Scholarship Award (SA) to pursue their higher education at either local or overseas universities. The Shari’ah Scholarship Award is part of the Fund for Shari’ah Scholars in Islamic Finance, which was established to enhance knowledge, research, talents, and intellectual discourse in the field of Shari’ah. The Fund represents Bank Negara Malaysia’s commitment to strengthen the development of the Islamic financial industry.
Study Subject & Level:
Shari’ah Scholarship to study in the field of Shari’ah or Islamic finance studies equivalent. Scholarship is available for pursuing undergraduate, postgraduate (Master or Doctorate) and CIFP (only for those with Shariah background) program at recognized institutions of higher learning.
- The scholarship is open to citizens of all countries.
- Applicants have to secure admission at a recognized institution of higher learning. Applicants are required to pursue either a Bachelor, CIFP , Master or Doctorate program, as defined above, in a full time program.
- For a postgraduate application, applicants are required to have a CGPA of at least 3.5 or its equivalent.
- For an undergraduate application, applicants are required to have a CGPA of at least 3.3 or its equivalent (for the first semester result).
- Current students enrolled in the programs specified above may also apply for the scholarship.
- Applicants should not be in receipt of any other scholarship award.
Scholarship Open for: Scholarship is open to citizens of all countries.
Scholarship Value:
The scholarship covers all related academic fees, a subsistence allowance, books, equipment and end of study or thesis/dissertation completion assistance. For those studying outside Malaysia, return airfare, warm clothing and relocation assistance shall also be provided.
Notification:
Only shortlisted candidates shall be informed of the interview session via e-mail. If you do not receive any news from us within two (2) months of the date of application submission, your application is deemed to be unsuccessful. Schedule of the interview session:
- February 2014
- June 2014
- September 2014
How to Apply?
Applicants can apply by post. An application for a scholarship must be submitted by hand or through registered post or courier service with the following documents, which must be in English:
- Application form. Please download here;
- Photocopy of personal identification document (passport/identity card);
- Offer letter from the institution of higher learning;
- Certified copies of academic certificates and transcripts;
- Two (2) letters of recommendation (only for a postgraduate application). Please use provided template.
- Thesis/draft proposal (only for master & PhD application by research or coursework & research); and
- Other relevant materials to support the application, if any.
Application Deadline: Applications are invited and accepted throughout the year.
For further information: Shari’ah Scholarship Awards
