We are pleased to announce that NUST’s Need Based Scholarship (NNBS) program has been granted a Shariah compliant certificate/ Fatwa, which would enable the University to collect and disburse zakat funds from donors and spend them directly on the educational needs of students from underprivileged backgrounds.
NNBS program was initiated in 2010 to award scholarship grant to students from financially challenged backgrounds. Need based scholarships are provided by the University to selected under-graduate and post-graduate students of fresh entry every year on the basis of their financial need. The entries are run through a three-tiered selection process to ensure transparency and credibility.
NNBS is funded by zakat and donations of Pakistani individuals and organizations on a global level. To verify the eligibility of students for zakat, administrators examine the financial condition of potential candidates and their parents/ guardians in a process that involves them approving a student’s status to receive zakat. NUST then obtains permission to collect zakat on the student’s behalf, with the express intention of spending it directly on his/ her educational needs.
The University has taken all necessary efforts and precautions to ensure that the NNBS system of zakat collection and disbursement is Shariah compliant.
Download a copy of the certificate here:
For more information on the scholarship program, click here.