To further the education, development and principles of Islamic finance, the Islamic Development Bank (IDB) offers scholarships to students from its member countries for postgraduate study in various fields. Applications have been invited for the Islamic Development Bank Scholarship 2024. The application deadline for the Islamic Development Bank Scholarship is April 2024. Islamic Development Bank Scholarship is one of the best and exclusive for undergraduate, master and doctoral degree. Regarding the expansion of Muslim communities in member and non-member countries. Islamic Development Bank designs the scholarship to attract motivated, creative and ambitious people who have exceptional skills in achieving their goals. It is interesting that the global scholarship gives them equal opportunities to grow and serve their communities.

About Islamic Development Bank

In accordance with the principles of Islamic finance, the International Islamic Development Bank (IDB), established in 1975, aims to actively support social and economic development in its member countries. The IDB is one of the largest international financial institutions in terms of membership, with 57 Muslim countries as members. Infrastructure development, agriculture, education, healthcare and technology are just a few of the many industries in which they operate. To bridge development gaps and improve economic welfare, the Bank provides financial assistance through multiple channels, including loans, grants and technical assistance.

About Islamic Development Bank Scholarships

  • Your home country or an IsBD member nation will serve as the host country.
  • Public or government universities in the home nation or in a country that is a member of ISBD serve as the hosts.

Eligible Countries

  • Iran
  • Libya
  • Qatar
  • UAE
  • Nigeria
  • Turkey
  • Egypt
  • Kuwait
  • Pakistan
  • Sudan
  • Malaysia
  • Indonesia
  • Yemen
  • Others

Degree Levels

  • Bachelor’s degree program
  • Program for Master’s degrees
  • program leading to a PhD
  • A doctorate program

Benefits

  • The students will get a monthly stipend.
  • The IsDB will cover the cost of tuition.
  • Free application.
  • The student’s transportation expenses will be paid for.
  • For the duration of the course, students will be reimbursed for their health insurance.
  • The kids will receive loans with no interest to launch businesses.
  • Preparation of scholarly papers and theses Conference funding for Ph.D. students

Eligibility Criteria

  • Candidates must be from Muslim-majority countries.
  • Candidates must be Muslims if they come from non-Muslim nations.
  • The nominees must come from the member states’ Muslim populations
  • When applying for an undergraduate or master’s degree program, candidates must have at least 70% in their high school or bachelor’s degree.
  • When applying for the Master’s Degree program, candidates must hold a relevant degree from the list of degree programs provided.
  • The candidate must have a sufficient Ph.D. and two years of experience.

Deadline

The deadline to apply for the Islamic Development Bank Scholarships is April 2024.

How To Apply for the Islamic Development Bank Scholarships?

  • Candidate applications must be submitted online.
  • Through the official website, applicants must set up their accounts for online applications.
  • Ensure that you accurately give all necessary documentation and contact information, including your email address.
  • Candidates do not need to pay anything to apply.
  • The hopefuls must enroll themselves at one of their own country’s top public colleges.
Official Link