IIUM students get scholarships
TWENTY International Islamic University Malaysia (IIUM) students received scholarships from AmBank Group chairman Tan Sri Azman Hashim.
The Azman Hashim-IIUM Ummatic Scholarship recipients comprising 15 Malaysian and five international students, were selected from various faculties, ranging from Law, Economics and Management Sciences, Information and Communication Technology as well as Islamic Revealed Knowledge and Human Sciences, after a stringent screening process.
The scholarship provides each recipient with a monthly allowance of RM600, annual book allowance of RM500 and a notebook worth RM2,500 for their use throughout the four years of their undergraduate studies.
In addition, the scholarship also covers the tuition and hostel fees for each recipient.
To date, there have been 60 recipients, of which 35 have graduated.
“I would like to congratulate all of the recipients and it gives me great pleasure to present this scholarship to them.
“It is my hope that this scholarship will serve as a motivation for them to achieve greater excellence in their studies,” said Azman.
The scholarship, he added, is made possible through an innovative concept of the IIUM Perpetual Endowment Property Fund, which provides a sustainable method to generate scholarship funds for poor students who excel in their studies.
IIUM president Datuk Dr Mohd Daud Bakar and rector Emeritus Prof Tan Sri Dzulkifli Abdul Razak were also present.
Mohd Daud in his speech thanked Azman for the generous contribution to the programme, which has benefitted IIUM’s students.
The scholarship award, which was first initiated in 2012, is funded by the net rental proceeds from the Azman Hashim Complex, located at the main IIUM Gombak campus.
The development of the building was sponsored by Yayasan Azman Hashim in 2008 and is managed by the IIUM Endowment Fund along the principles of endowment where only the proceeds from the rental income is channeled into the scholarship.