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ISLAMIC DEVELOPMENT BANK
IDB SCHOLARSHIP PROGRAMME
Islamic Development Bank, Jeddah,
Kingdom of Saudi Arabia, introduced its scholarship
programme in many countries including India in the
year of 1983 with a view to promote professional
education among Muslim community. This emerged as
the main source of our programme.
The fields of study in
the IDB scholarship programme are as follows:
Medicine: MBBS, Dentistry, Pharmacy,
Veterinary, B.Sc. Nursing including Bachelor Degree
in Unani and Ayurvedic Medicine.
Engineering: B.E., BSc., Engineering, Agriculture,
Fisheries, Forestry, Food Technology, Computer Science
and Communication.
Management and Accountancy: MBA, CA, etc.
Meritorious but economically weaker students belonging
to Muslims community can seek admission in the first
year of the Bachelor degree (Full time) course in
the above-mentioned fields of study and apply for
the IDB scholarship.
CONCEPT OF THE PROGRAMME
The IDB Scholarship Programme is
more than just a scholarship programme in the traditional
sense, i.e. as a straight financial assistance to
needy and qualified students. It is also a tool
for the improvement of the social and economic conditions
of the Muslim communities as a whole. It is a scholarship
programme and a community development programme
at the same time, since the scholarship is given
as an interest-free loan (qardh-e-hasna) to the
students but as a grant to the Muslim communities
to which they belong to in the shape of its refunds.
Besides, the students are also
required to take part in the development of their
communities through their respective profession.
The repaid fund is recycled, to provide scholarships
for other deserving students from the same community,
to complement the IDB Scholarship Programme and
to ensure continuity of the Programme in the long
run, while the community development services rendered
by the students will contribute to the overall development
of the community
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