The Maldives Monetary Authority (MMA) has opened applications for 30 scholarships in various areas of Islamic Finance.

In a post on X (formerly Twitter) yesterday, MMA stated that the scholarships are being offered under the MMA Tamweel Islamic Finance Strategy Program. This program is aimed at advancing Islamic Finance in the Maldives, according to MMA.

Scholarships offered by MMA in the field of Islamic Finance:

  • Executive Masters in Islamic Finance - University of Malaysia (5 scholarships)
  • Micro-Certification from EIMF (International Center for Education for Islamic Finance) Malaysia (5 scholarships)
  • Certificate in Sharia Economics for Banking and Finance (CSEBF) University of Selangor, (UIS) Malaysia (20 scholarships)

MMA stated that applicants for the Executive Masters in Islamic Finance scholarships must be between 18 and 40 years old. They must have passed A-Level examinations in Economics, Business, or Mathematics and Accounting.

For the other scholarships, applicants must have obtained a Level 7 or 8 certificate in a field related to the course.

The deadline for scholarship applications is 11:59 AM on the 17th of this month, according to MMA.