NAB Sheikh Fehmi El-Imam Scholarship
As part of its commitment to supporting communities around Australia, NAB is proud to present the NAB Sheikh Fehmi El-Imam Scholarship. Designed to help strengthen the links between NAB and the Muslim community, the Scholarship will enable an undergraduate student to continue their post-graduate studies in finance and economics, here in Australia or at an overseas university.
A special feature of the Scholarship will be to encourage the development of Shariah-compliant financial products and services.
What is Shariah finance?
Shariah-compliant financial products and services allow Muslim consumers to participate in financial transactions in a manner that is in accordance with their belief system. Shariah-compliant finance is a burgeoning market trend across the Middle East and Asia and is also growing rapidly throughout Western Europe and North America as a workable alternative financial option.
What does the Scholarship provide?
Imran Lum, our 2007 winner has received a one-off scholarship payment of $25,000 towards further study, and the option of employment with NAB (full time or part-time) for 12 months during or at the conclusion of his post-graduate studies (Subject to a suitable position being available and NAB's standard governance procedures.)
Who can apply?
If you're an undergraduate student in your final year of study, you intend to pursue a Masters or PhD in finance and economics and you are an Australian citizen or permanent resident, then please apply. The successful applicant will be an active community participant with a track record of leadership and initiative.
A special feature of the Scholarship will be to encourage the development of Shariah compliant financial products and services*.
To apply, please submit an application including:
- Curriculum Vitae
- Proposed area of study
- Academic Record
And a letter stating:
- How your area of study will meet the Scholarship objectives
- How you will use the funding
- Why you should be selected
Applications should be submitted to scholarship@nab.com.auby Friday July 17 2009.
Selecting an outstanding young Australian
The successful candidate will be responsible for forging relations between NAB and its diverse communities by developing new and exciting alternative financial opportunities. The Scholarship will promote and encourage the development of thought leadership across diverse fields while enabling the applicant to fulfil their personal and professional potential in the area of Sharia compliant finance.
Following a review of all submissions, a short list of applicants will be interviewed and a recommendation made to the NAB Sheikh Fehmi El-Imam Scholarship Board. The Board comprises senior representatives from NAB and the Muslim community*.
*Membership of the NAB Sheikh Fehmi El-Imam Scholarship Board is comprised of senior NAB executives and respected members of the Islamic community.
Sheikh Fehmi El-Imam
Sheikh Fehmi El-Imam (AM, JP) is one of the longest-standing members of the Australian Muslim community, Secretary-General of the Victorian Board of Imams and Senior Imam at the Preston Mosque in Melbourne's northern suburbs. Sheikh Fehmi El-Imam is a leading figure in the Australian Islamic community and a great Australian role model. In 2001, he was awarded the Order of Australia in recognition of his tireless work to promote tolerance and harmony between Muslims and the wider community in a bid to realise the ideal of a multi-faith and multicultural Australia. The Sheikh has also initiated many philanthropic activities, including the Islamic Community Auxiliary for the Royal Children's Hospital in Melbourne (ICARCH). The Sheikh is highly respected throughout Australia across government, inter-faith, community groups and the wider community. It is with pleasure that NAB name this scholarship in his honour.
