Key facts for the AL-Maktoum living support bursary

Al- Maktoum Living Support Bursary 2025/6 (the “Bursary”)

This Key Facts Document sets out the main details of the Bursary, as at date of publication. This document should be reviewed alongside the University of Dundee Scholarship and Bursary Terms and Conditions, as those terms and conditions will provide you with additional information that apply to you in respect of the Bursary. If there is any inconsistency between this Key Facts Document and the University of Dundee Scholarship and Bursary Terms and Conditions, the provisions of the Scholarship and Bursary Terms and Conditions will prevail.

Date of publication

September 2024, applicable to 2025/6 academic year (September 2025 ).

Application Process

There is no separate application form for this Bursary. Your eligibility will be based on the information you provide to the University during the application process.

• Your eligibility will be assessed by our Admissions team, and we will notify you in writing if you are eligible to receive this Bursary.
• We use information detailed on your application to study to determine if you meet the eligibility criteria for this award.
• If the Admissions Team have not contacted you with the Bursary information, please complete online Enquiry form explaining your eligibility.
• Please note that a change of name, misspelling, or other changes in information can affect Admissions records and may mean that you will not receive scholarship updates.
• You must ensure the information in your application and any supporting documentation is correct, complete, accurate and up to date as any award is based on this information. The University of Dundee reserves the right to withdraw this award if you have submitted information which is false, fraudulent, incorrect, or misleading.
• Please note that your eligibility is assessed at the time of the application and will not be re-evaluated post matriculation.
• If you change programme before, during or after matriculation, the University of Dundee reserves the right to withdraw the scholarship offer should your eligibility have changed.

Who is eligible?

1. You must have either a conditional or unconditional offer to study:

• Islamic Banking and Finance MSc
• Islamic Banking, Finance and International Business MSc
• Islamic Finance MSc
• MSc Islamic Finance and the Digital Economy
• MSc Entrepreneurship, Innovation and Islamic Finance
• MSc Islamic Finance and Artificial Intelligence for Business

2. Be starting your programme of study in September 2025.
3. Have already been awarded one of the following University of Dundee scholarships:

• Global Citizenship Scholarship
• Global Excellence Scholarship
• Vice Chancellor’s Regional Scholarship

4. If you are an International College Dundee student, you must have received the International College Dundee Progressing with Excellence Scholarship as an equivalent of Global Excellence Scholarship.
5. Hold 'International' Fee Status.

Award Information

• The Bursary is worth £3,000 and will be paid in 10 monthly instalments of £300 after you have started your programme.
• The University of Dundee will issue an award eligibility letter that must be presented to Al-Maktoum College to arrange payments made by Al-Maktoum College.

Key Information

1. In partnership with the University of Dundee, Al-Maktoum College Dundee are providing living support bursaries for applicants joining an MSc Islamic Finance course (and pathways) in the 2025/26 academic year.
2. To be eligible, you must already have been awarded one of the University of Dundee Scholarships listed in the eligibility section. If you have not received one of these scholarships, then you are not eligible for the Al-Maktoum Living Support Bursary.
3. This scholarship applies in the entry year to the University of Dundee only (September 2025 ) and cannot be backdated to previous years.
4. The programme must be a 12-month, full-time programme. If the programme is less than 12 months, then you are not eligible for this Bursary.
5. The programme must be a 180-credit programme. If the programme is less than 180 credits, then you are not eligible for this Bursary.
6. If you have applied for a Part Time or Distance Learning programme, then you are not eligible for this Bursary.
7. You are unable to combine the Al-Maktoum Living Support Bursary with any other University of Dundee scholarship, ; except the:

• Global Citizenship Scholarship
• Global Excellence Scholarship; or
• Vice Chancellor’s Regional Scholarship

Notwithstanding the above, applicants who are eligible for the Alumni Scholarship may, in addition combine this with one of the scholarships listed in point 7 above.

8. If you have an externally funded scholarship that covers part of the full tuition fee, this can be awarded alongside one or more University of Dundee scholarships, (provided that the total of combined does not exceed the total University of ;Dundee tuition fee).

• If you have a fully funded external scholarship, the Al-Maktoum Living Support will be removed as all tuition fees will be covered by the external scholarship.

9. Should you wish to defer your entry to the University of Dundee, the following rules apply:

• Deferral within the same academic year: Bursary can also be deferred.
• Deferral to a new academic year: Bursary cannot be deferred.

10. Changes to the programme of study:

• If applicant changes programme before/ during matriculation or after latest start date (30.09.2025), the University of Dundee reserves the right to re-assess eligibility for scholarships and may withdraw the Scholarship Offer should an applicant’s eligibility have changed.
• If an applicant changes Fee status or any other personal information before, during or after matriculation, the University of Dundee reserves the right to re-assess eligibility for scholarships and may withdraw the Scholarship Offer should an applicant's eligibility have changed.

11. The scholarship is awarded in the first year of study only.

12. The Bursary will be suspended for periods of leave / absence. The Bursary will be reinstated on your return to full time study from the point on which your period of study was suspended. For the avoidance of any doubt, the maximum amount that can be paid under this bursary is £3,000. 

13. All communication with you will be via email, to your @dundee.ac.uk email address. We may also communicate with other email addresses provided to us by you or alternatively via the online applicant portal. Types of communication may be:

• Confirming the scholarship.
• Informing you that you have not met the criteria to be awarded the scholarship.
• Requesting further information.

14. The University of Dundee is unable to disclose details of the scholarship to anyone other than you unless you provide us with your consent to do so.

15. Should you withdraw from your programme of study, the University of Dundee may be in contact regarding payment of fees and scholarship balance.

16. All scholarship decisions are final and cannot be appealed.