The Islamic Development Bank (IsDB) is pleased to announce the opening of applications for its Scholarship Programs for the Academic Year 2024-2025 . To apply, please click here. Interested candidates for the programs must submit their applications no later than April 30th, 2024.

I. Introduction

Mindful of the importance of qualified human resources for social advancement and sustainable development, the Islamic Development Bank (IsDB) has been very keen from the outset of its establishment to focus on human capital development alongside its mainstream development financing activities.  

In recognition of the vital need to develop the human resources of the Muslim communities in non-Member Countries (non-MCs), IsDB launched its undergraduate scholarship program (SP) in 1983 under the title Scholarship Program for Muslim Communities (SPMC).  

Capitalizing on the experience of a decade of the SPMC, IsDB decided to establish the Merit Scholarship Program (MSP) for Ph.D. studies and post-doctoral research in applied science and high technology to strengthen the scientific, technological and research capabilities of institutions in Member Countries (MCs), which was launched in 1992.   Later, the Master of Science Scholarship Program (M.Sc.)  was launched in 1998 as a feeding program for the MSP, realizing that 20 of the Least Developed Member Countries (LDMCs) could not benefit from the latter.   

In IsDB’s Realigned Strategy 2023 – 2025, the Bank dedicated an entire pillar to the support of comprehensive and inclusive human capital development.  Through this pillar, IsDB aims to help MCs and Muslim communities in non-MCs to address these challenges with capacity-development initiatives, including scholarship programs. It is also an important component of IsDB’s efforts to promote economic development and shared prosperity through the global development of human capital by investing in education. 

For more information about the programs please click the link for the watch the video: