The ISRA Global Scholarship Award is part of the Fund for Shari’ah Scholars in Islamic Finance, which was established to enhance knowledge and research, strengthen talents, and encourage intellectual discourse in the field of Shari’ah in Islamic Finance. The Fund represents Bank Negara Malaysia’s (BNM) commitment towards strengthening the development of the Islamic finance industry.

The application is open to all nationalities pursuing postgraduate studies in the field of Shari’ah or Islamic finance at recognized institutions of higher learning in Malaysia.

Categories	Level	Deadline	Form
Full Scholarship	PhD & Master	15 November 2019	CLOSED
Partial scholarship	Master	15 November 2019	CLOSED

Eligibility Criteria

• Obtained a bachelor’s degree in Shari’ah from recognised local or international universities (bachelor’s degree in Shari’ah, Muamalat, Jurisprudence, Islamic Law, Fiqh, Usul al-Fiqh or its equivalent);
• Obtained an offer to pursue or is currently pursuing Doctoral studies in Shari’ah, Islamic finance or its equivalent in a full-time mode;
• Obtained a minimum CGPA of 3.50 (on a 4.0 scale), 4.5 (on a 5.0 scale), 80% (on a 100%-point scale), pass with distinction or its equivalent;
• Fulfilled or passed language proficiency requirements specified by the programme;
• Applicants should NOT be in receipt of any other scholarship award or financial assistance; and
• refer to application form for more details.

Coverage

Full scholarship	Partial scholarship
Academic tuition fees – excluding registration or entrance fee, refundable deposit, personal bond and accommodation; Subsistence allowance; Book allowance Equipment allowance Conference allowance Thesis/end of study allowance	Academic tuition fees – excluding registration or entrance fee, refundable deposit, personal bond and accommodation; Book allowance

Award

• Maximum scholarship coverage for a PhD student is three (3) years and (2) years for a master’s student.

What is Required?

• Application form;
• A copy of letter of offer; an official letter of admission from the institution of higher learning confirming your placement at the institution;
• A copy of academic certificates and full transcripts – bachelor and/or master’s degree;
• A photocopy of personal identification / passport;
• Two letters of recommendation from referees;
• A copy of thesis proposal – applicable for programme by researcher or coursework & research; and
• refer to application form for more details.
  An application must be submitted by hand or through registered post or courier service to:

ISRA Global Scholarship Award
International Shari’ah Research Academy for Islamic Finance (ISRA)
ISRA@INCEIF, Lorong Universiti A,59100 Kuala Lumpur