The Scholarship 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). [More information about CIFP at INCEIF.org]
Eligibility
Award Package
Application Process & Deadlines
Contact Information
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 ScholarshipThe 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.
Application Process & Deadlines
Application for the scholarship must be submitted with the following documents which must be in English:- Application Form [Word, 208K].
- Certified copies of academic certificates and transcripts (with English translation if the original copy is not in English)
- Letter of Offer from the institution of higher learning or INCEIF
- Photocopy of personal identification document (passport / birth certificate / identity card)
- An essay of not more than 300 words on why you should be awarded the scholarship and how you plan to contribute to the Islamic financial services industry.
- Two (2) letters of recommendation written by individuals under whom you have studied or worked, and who are able to comment on your qualifications for the award (only for post-graduate scholarship application). Please use the following template [PDF, 14K]
- Thesis proposal (only for post-graduate scholarship application)
- Other relevant materials to support the application.
Correspondence address
Please mail the completed application to:Shariah Scholarship Award
International Shariah Research Academy
2nd Floor, Annexe Block, Menara Tun Razak
Jalan Raja Laut, 50350 Kuala Lumpur
Malaysia
Application Timeline: 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).
Only short-listed applicants will be notified, and may be required to attend an interview.
Contact Information
For any enquiry regarding the Scholarship, please contact:Shariah Scholarship Award
International Shariah Research Academy
2nd Floor, Annexe Block, Menara Tun Razak
Jalan Raja Laut, 50350 Kuala Lumpur
Malaysia
General Line: +603-2781 4000
Fax: +603-2691 1940
Email: info@isra.my
See also: Shariah Research Grant
