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The ISRA Global Scholarship Award 2019 in Malaysia

The ISRA Global Scholarship Award 2019 in Malaysia

The ISRA Global Scholarship Award is part of the Fund for Shari’ah Scholars in Islamic Finance, which was established to improve knowledge and research, strengthen talents and encourage intellectual discourse in the field of Shari’ah in Islamic Finance. The Fund represents the commitment of the Negara Malaysia Bank (BNM) to strengthen the development of the Islamic financial industry. The application is open to all nationalities pursuing postgraduate studies (Doctorate and Master) in the field of Shari’ah or Islamic finance at recognized institutions of higher education in Malaysia.

The scholarship covers the academic tuition, the subsidy for books, the subsidy for equipment, the subsidy for conferences, the thesis / the subsidy for the completion of the study. While a holder of a non-Shari’ah title would not be eligible to be considered for the scholarship, those with a degree related to Islamic studies and with two years of work experience in Shari’ah affairs in an institution Islamic financial services could be considered. This scholarship is exclusively for students who specifically hold a degree in Shari’ah or its equivalent, such as a degree in Shari’ah, Muamalat, Fiqh Muamalat, Shari’ah Law, Islamic Jurisprudent, etc. Fiqh, Shari’ah law, finance / Islamic banking or its equivalent.

The International Shari’ah Research Academy for Islamic Finance, better known by its acronym in English, ISRA, was established to promote applied research in the area of Islamic Sharia and finance. It also acts as a repository of knowledge for the views of Shari’ah (fatwas) and undertakes studies on contemporary issues in the Islamic financial industry. In addition, ISRA contributes to strengthening the development of human capital in the Shari’ah experience relevant to Islamic finance and provides a platform for greater commitment among professionals, academics, regulators and academics through research and dialogue, both in the national as international level. Through pioneering research and rigorous intellectual dialogue, ISRA aims to promote innovation and dynamism and thus expand the limits of Islamic finance. It is expected that with further investigation and dialogue, mutual respect and recognition will emerge within the global community of the Islamic financial industry.

  • Country: Malaysia
  • Financial coverage: Partially Funded
  • Deadline: February 2, 2019
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    Eligibility Criteria :

    • obtained a degree in Shari’ah from recognized local or international universities (undergraduate degree in Shari’ah, Muamalat, Jurisprudence, Islamic Law, Fiqh, Usul al-Fiqh or its equivalent);
    • Obtained an offer to continue or is currently pursuing doctoral or master studies in Shari’ah, Islamic finance or its equivalent in a full-time mode;
    • Obtained a minimum CGPA of 3.50 (on a scale of 4.0), 4.5 (on a scale of 5.0), 80% (on a scale of 100%), pass with distinction or its equivalent;
      Expected or approved language proficiency requirements specified by the program;
    • Applicants should NOT receive any other scholarships or financial assistance.

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    Benefits :

    Coverage
    Academic tuition fees – excluding tuition or deposit, refundable deposit, personal deposit and lodging;
    Subsistence permit;
    Booking of books
    Team assignment
    Conference grant
    Thesis / final study grant
    Prize
    The maximum scholarship coverage for a PhD student is three (3) years.
    The maximum scholarship coverage for a Master student is two (2) years.

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    Application Process:

    Download the application form and attach all required documents.

    Application form;
    A copy of the offer letter; an official admission letter from the institution of higher education that confirms the applicant’s placement in the institution;
    A copy of the academic transcripts and complete transcripts – Bachelor’s and / or Master’s degree;
    A photocopy of the personal identification / passport;
    Two letters of recommendation from the arbitrators;
    A copy of the thesis proposal: applicable to the program by researcher or course work and research.
    The request must be sent by hand or by certified mail or courier service to:

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

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