INCEIF University in Malaysia is offering fully funded scholarships for the 2025/26 academic session, providing exceptional opportunities for both domestic and international students to advance their education in Islamic finance and sustainable business. These scholarships aim to attract outstanding individuals committed to contributing to the global Islamic finance industry.

Scholarship Overview

The International Centre for Education for Islamic Finance (INCEIF) annually offers full scholarship opportunities to international and domestic students interested in studying in Malaysia.

INCEIF University was set up by Bank Negara Malaysia to develop human capital and knowledge leadership for the global Islamic finance industry.

INCEIF University Scholarship Summary

• Host Country: Malaysia
• Study Abroad: Study in Asia 
• Category: Postgraduate Scholarships | Masters Scholarships | PhD Scholarships 
• Eligible Countries: All Countries
• Reward: Full Scholarship | Living Stipends | Travel Support
• No IELTS Required 
• Deadline: February 23, 2025

Available Scholarships

1. Chancellor’s Scholarship
   • Eligibility:
     • Outstanding academic merit with a minimum CGPA of 3.5 in a Master’s degree or equivalent.
     • Admission to INCEIF’s PhD program as a full-time student.
     • Not currently receiving any other form of financial aid or scholarship.
     • Potential to complete the program within the stipulated timeline.
     • Willingness to work as a Graduate Academic Assistant (GAA).
   • Benefits:
     • Full tuition fees.
     • Monthly stipend of RM2,500 for three years.
     • Student service fee.
     • Visa fees, including medical check-up and takaful coverage.
   • Application Deadlines:
     • June 2025 Intake:
       • International Applicants: February 23, 2025.
       • Malaysian Applicants: June 1, 2025.
     • September 2025 Intake:
       • International Applicants: May 31, 2025.
       • Malaysian Applicants: August 30, 2025.
2. President’s Scholarship
   • Eligibility:
     • Outstanding academic achievement with a minimum CGPA of 3.0 at the Bachelor’s degree level or equivalent.
     • Admission to INCEIF’s MSc, MIFP, or MBA programs as a full-time student.
     • Not currently receiving any other form of financial aid or scholarship.
     • Potential to complete the program within the stipulated timeline.
     • Must not exceed 40 years of age at the time of application.
   • Benefits:
     • Full tuition fees.
     • Student service fee.
     • Visa fees, including medical check-up and takaful coverage.
   • Application Deadlines:
     • June 2025 Intake:
       • International Applicants: February 23, 2025.
       • Malaysian Applicants: June 1, 2025.
     • September 2025 Intake:
       • International Applicants: May 31, 2025.
       • Malaysian Applicants: August 30, 2025.
3. INCEIF Student Leadership Programme (LEAD)
   • Eligibility:
     • Applicants or guardians with a monthly income of up to RM5,249 or its equivalent.
     • Open to Malaysians and international individuals who have completed their Bachelor’s degree.
     • Enrollment in a full-time mode of study for the specified duration of the program.
   • Benefits:
     • Full tuition fees.
     • Additional resources to support the academic journey.
   • Application Deadlines:
     • June 2025 Intake:
       • International Applicants: February 23, 2025.
       • Malaysian Applicants: June 1, 2025.
     • September 2025 Intake:
       • International Applicants: May 31, 2025.
       • Malaysian Applicants: August 30, 2025.

Why Study at INCEIF University?

• NCEIF University meets the nine standards of quality outlined by the Association to Advance Collegiate Schools of Business (AACSB).
• Her programs are designed to complement our Master Programmes, INCEIF University’s Action Based Learning immerses you in real-world finance challenges. 
• Learn from global Islamic finance and business leaders. 
• Gain a more rounded understanding of the fundamentals of finance in the Islamic world and beyond to gain invaluable financial skills and expertise.

Eligibility Requirements for INCEIF University Scholarships Malaysia 2025

To be considered for the INCEIF University Scholarships Malaysia 2025, you must:

• Be a Malaysian or an international student
• Have a minimum CGPA of 3.0 in your Bachelor’s (for Master’s applicants) or Master’s degree (for PhD applicants).
• Not be more than 40 years old at the time of application.
• Not be receiving any form of scholarship at the time of application.

Benefits of INCEIF University Scholarship 2025

The INCEIF University Scholarship vary by the particular program as follows;

• The INCIEF President’s Scholarship covers tuition fees, student service fees, visa fees, medical coverage, and takaful insurance.
• The INCEIF Student Leadership Programme covers full tuition fees and additional resources.
• The INCEIF Bursary offers a financial assistance of RM14,580 and a course per semester.

Application Process

1. CLICK HERE to visit the INCEIF webpage. Apply for one of the eligible programs above. 
2. Prepare Required Documents:
   • Completed application form.
   • Academic transcripts and certificates.
   • Proof of English language proficiency (if applicable).
   • Personal statement outlining academic goals and motivations.
   • Two letters of recommendation.
   • Copy of passport (for international applicants).
3. Submit Application:
   • Applications can be submitted online through the INCEIF University website or via email to the Scholarship and Financial Assistance Unit.
4. Selection Process:
   • Applications will be reviewed based on academic merit, leadership potential, and financial need.
   • Shortlisted candidates may be invited for an interview.
5. Notification:
   • Successful applicants will be notified via email and provided with further instructions on enrollment and scholarship acceptance.
6. Deadline: February 23, 2025

Contact Information

For more details and inquiries, please contact:

• Scholarship and Financial Assistance Unit
  • 1. Whatsapp Us :
  • Ms. Nik Atifah; +60162955342
  • WhatsApp Here : https://bit.ly/scholarship-m1
  • 2. Ms. Nur Syakirin; +60164295342
  • WhatsApp Here : https://bit.ly/scholarship-m2
  • 3. Mr. Yusri
  • +60164265342
  • WhatsApp Here : https://bit.ly/scholarship-m3
  • Or please email : [email protected]

Prospective applicants are encouraged to visit the official INCEIF University website for comprehensive information on scholarship opportunities and application procedures.

Embarking on this academic journey with INCEIF University offers a unique opportunity to contribute to the evolving field of Islamic finance and sustainable business on a global scale.