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Funding Opportunities at Islamic Development Bank (IsDB)

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Recognizing the importance of qualified human resources for social advancement and sustainable development, the IsDB has been addressing human resources development in member countries alongside its development financing activities. The IsDB has been funding the following Scholarship Programmes for citizens from IsDB member countries and Muslim communities worldwide: Undergraduate Programme Master’s Programme PhD Programme and Post-doctoral Research Programme IsDB-ISFD for Vocational Education & Training (VET) Bachelor studies for the IsDB 21 Least Developed Member Countries (LDMCs) The Bank has also launched a joint programme with The World Academy of Science (TWAS) in Trieste, Italy to support capacity building aimed at building critical mass in the fields of Science, Technology and Innovation (STI) to address sustainable development challenges of member countries (www.twas.org). These Scholarship programmes are important part of the developmental initiatives led by IsDB to foster technology and knowledge sharing among its member countries and Muslim communities in non-member countries. They are designed to attract talented male and female students and build the right competencies required to empower communities and achieving national and global development plans including the Sustainable Development Goals (SDGs). To combine academic rigours with cost saving, the IsDB has pursued a partnership programme with selected reputable universities worldwide, under which the hosting universities will play an important role to provide the students with the necessary services, mentoring, guidance and counselling to ensure their academic success. Through these strategic partnerships, the IsDB also wishes its graduates to be ready to dedicate themselves to their communities and countries. The IsDB also expects them to play a leading role in assisting the development of their communities. In other word, the IsDB expects them to be Good Citizens and Competent Professionals at the same time. Currently, the partnership programme is successfully implemented with the Universities of Cambridge, Oxford, Queen Mary University of London in the United Kingdom, Copenhagen University in Denmark, and McGill University in Canada. In addition, the IsDB is currently partnering with the Ministry of Education in Malaysia, Council of Higher Education in Turkey, Moroccan Agency for International Cooperation (AMCI) in Morocco which have been generous enough to provide places for IsDB students on free or subsidized fees.