Shariah Scholarship Award

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The Shariah Scholarship Award is aimed at enlarging the pool of Shariah scholars who are well-equipped with the necessary knowledge and competencies in both Shariah and Islamic finance.

The Scholarship is available to qualified candidates pursuing the following:

Post-graduate (Masters or Doctorate) study at recognised institutions of higher learning in the field of Shariah, specializing in fiqh muamalat; OR

Certified Islamic Finance Professional (CIFP) programme conducted by the International Centre for Education is Islamic Finance (INCEIF).

Eligibility

The Scholarship is open to citizens of all countries.

Applicants are required to have a bachelor's degree in Shariah studies from a recognised institution of higher learning, achieving at least a Second Class Upper or its equivalent. For the CIFP Scholarship, a special consideration will be accorded to those with a diploma (or its equivalent) in Shariah studies, but they must have at least 5 years working experience in the financial industry.

Applicants are also expected to have secured admission to EITHER a Masters or Doctorate programme in Shariah, specializing in fiqh muamalat, at a recognised institution of higher learning, in a full-time programme, OR the CIFP programme conducted by INCEIF.

Current students enrolling in the specified programmes at recognised institutions of higher learning may also apply for the scholarship.

Applicants should not be in receipt of any other scholarship awards.

Award Package

Post-Graduate Scholarship

The Post-Graduate Scholarship will cover the approved tuition and examination fees, and the recipient will be provided a quarterly subsistence allowance.

Where and when applicable, other allowances such as for books and equipment, approved return air fare, warm clothing, relocation, end of study and thesis/dissertation completion, will also be provided.

CIFP Scholarship

The CIFP Scholarship will cover the registration and approved examination fees. In addition, the recipient will also be paid a study allowance.

Special Note: There is no employment bond attached to either scholarships.

Deadline: Applications are invited and accepted throughout the year. However, application received will be evaluated twice a year (31st December and 30th June every year or as advertised).

Email: shariahfund [at] bnm.gov.my

For more information and application, please visit: Shariah Scholarship Award

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