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IsDB Young Professional Program 2024

Scholarship Details

Eligible Degrees

Funding Type

Partial Funding · salary + insurance + other benefits

Eligible Courses

Selected courses offered

Eligible Nationalities

Open to citizen of a member-country of the IsDB

Can Be Taken At

Universities in Saudi Arabia

Last Verified On

13 Jan 2025 by WeMakeScholars Scholarship Team

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Overview

Eligibility for the IsDB Young Professional Program:

  • Applicants must hold a minimum Master’s degree or equivalent in any discipline that is relevant to the Bank from a highly reputed University. Candidates who are pursuing a Master’s degree or equivalent are eligible to apply if the degree will be awarded before the start of the YPP Program.
  • Candidates should be citizens of a member country of the IsDB (however. up to 25% of selected candidates from each cohort can be from Muslim communities in non-member Countries).
  • Students must have excellent oral and written communication skills in English. Good command over one of the Bank’s other operating languages (Arabic or French) will be viewed favorably.
  • Candidates should not be older than 32 years upon joining IsDB, having acquired their Master’s degree less than 4 years from the start of the program.
  • Applicants must be willing to live in Jeddah (Saudi Arabia) and travel to undertake country assignments as per business requirements (including rotation to an IsDB Regional Hub).

Additional Qualifications:

  • Achieved a Pass with Distinction or Merit or Honors (or equivalent) in their Master’s program. Candidates still pursuing their Master’s degree shall submit their latest transcripts that display outstanding academic standing.
  • Recipient of IsDB Scholarship.
  • Bilingual/Trilingual: Good command of Arabic and/or French.
  • Female candidates are highly encouraged to apply.
  • Possess or pursue a Professional Certification or a PhD from a reputable institution in a relevant field.
  • Relevant professional working experience in any of IsDB’s core sectors.

Benefits:

  • Internationally Competitive Tax-Free Salary
  • Group Personal Accident Insurance
  • Education Allowance
  • Annual Flight Tickets
  • Medical Coverage for the staff and dependents (including parents).

Application: Applicants need to complete an application form.

Source : Islamic Development Bank (IDB)
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SIMPLE 5 STEP PROCESS

How to Apply

1

Check Eligibility

Confirm that you meet the scholarship requirements

2

Prepare Documents

Gather all required documents for your application

3

Submit Application

Apply through the official scholarship application process

4

Application Review

The scholarship provider evaluates eligible applications

5

Scholarship Decision

Selected applicants are informed about the final results

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Documents Needed

  • Academic Transcripts (Usually required)

  • Income Certificate (For need-based scholarships)

  • Identity Proof (Usually required)

  • Admission / Offer Letter (For select scholarships)

  • Statement of Purpose (If applicable)

  • Language Test Scores (If applicable)

  • Recommendation Letters (If applicable)

  • Other Supporting Documents (As specified by the scholarship provider)

Note: The exact document requirements vary by scholarship. Always refer to the official application guidelines

FAQs

  • Yes, you can secure an education loan to study abroad at Islamic Development Bank (IDB). Education loans are of two types — Collateral and non-collateral. Collateral includes either: Immovable property – a house or a flat or land (or) liquid security – an FD, or LIC or shares or bonds. Agricultural lands are not accepted by any bank for education loan.

    Public banks like SBI, BOB offer these types of education loans. There are many NBFCs who offer Non-collateral education loans. Apply for the best education loan to study abroad.
  • The deadline of IsDB Young Professional Program 2024 is Expired.
  • IsDB Young Professional Program 2024 is offered to PhD degree.
  • IsDB Young Professional Program 2024 is offered for Selected courses offered .
  • IsDB Young Professional Program 2024 is open for: Open to citizen of a member-country of the IsDB .
  • IsDB Young Professional Program 2024 is offered by Islamic Development Bank (IDB).
  • IsDB Young Professional Program 2024 covers Partial Funding, salary + insurance + other benefits.