The Islamic Development Bank‘s fund and implement its scholarship programmes as part of its overall effort in the development of human resources of its member countries and those of the Muslim communities in non-member countries.
There are three scholarship programmes offered by IDB:
Scholarship Programme for Muslim Communities in Non-Member Countries
This Programme was launched in 1404H (1983G) to enable Muslim students from the Muslim communities in non-member countries to undertake undergraduate studies in medicine, engineering, agriculture and other related fields in their own countries or in the IDB member countries. The Programme is implemented jointly with the Counterpart Organizations through which interested candidates may submit their applications if they have the necessary requirements (e.g., graduated from Senior High School at age 24 years or less with good grades in basic sciences and English or French language, etc). The Programme covers tuition, stipend, books/clothing allowance etc. all as interest-free-loan payable to a local Trust after graduation and gainful employment.
M.Sc Scholarship Programme in Science and Technology for IDB Least Developed Member Countries
The M.Sc Scholarship Programme was launched in 1419H (1998G) with the objective to assist IDB Least Developed Member Countries (LDMCs) in the development of their human capital especially in science and technology that are both relevant and necessary for their development. A total of 190 scholarships in five years have been made available for a two-year M.Sc study in science and technology for students who are no more than 30 years old, in possession of a B.Sc/equivalent degree, above average in academic standing, etc. The Programme covers living allowance, clothing and books allowance, medical coverage, flight ticket and tuition fee.
Merit Scholarship Programme for High Technology
The implementation of this Programme began in 1411H (l99l). The Programme is for advanced studies and/or research (3-year Ph.D and 6-12-month Post-Doctorate) in 16 applied science and high technology areas deemed necessary for the development of the member countries. The Programme covers monthly stipend, books/clothing allowance, tuition, thesis/scientific papers preparation, medical insurance, flight ticket, etc. Scholars below the age of 35 for PhD study and below the age of 40 years for Post Doctoral research are eligible for the Programme where 50 scholarships are available every year, if they have a good M.Sc degree, « very good » grades (for PhD study) and PhD (for Post Doctoral research), 2-5 years of experience, some publications and can meet other requirements.