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Wakalah PayNet-Yayasan Khazanah Scholarship Programme
Investing in Today’s Talent for Tomorrow’s Promise.
Programme Summary

Where To Study
Our approved universities in Malaysia
Study Level
Application Cycle
In May / June, yearly
(for Foundation studies)
In July, yearly
(for Undergraduate studies)
Scholarship Coverage
* Dates may be subject to change.
  • General Information
  • Eligibility
  • Subject Areas
  • Approved Universities
  • General Information
    Yayasan Khazanah secured a scholarship partnership with Payments Network Malaysia Sdn Bhd (PayNet) to support Malaysian Muslim B40 students (post-SPM/IGCSE) in 2023 throughout their undergraduate studies (Foundation and Degree) in Malaysia.

    The funds are from PayNet’s wakalah allocation through corporate zakat proceedings.

    Through this partnership, PayNet will sponsor up to 7 students in the area of Information Technology, Computer Science, Finance and other related courses. Recipients of this Scholarship are required to serve PayNet or other approved organisations for a duration equal to the study period.

    Interested applicants to choose the Khazanah Watan Scholarship Programme when applying for this scholarship.
  • Eligibility
    Malaysian Muslim student from a low-income (B40) family
    Possess strong leadership skills and active participation in extra-curricular, social or voluntary activities
    • Foundation Studies
      Obtained a minimum of 8As (combination of A and A+) in the recent SPM examination or at least 8As in the recent IGCSE.
      Obtained A or A+ in the following core subjects: Bahasa Melayu, English, History and Mathematics (only for SPM).
      Not exceeding 18 years of age at the enrolment date for the foundation studies.
    • Undergraduate (Bachelor's Degree)
      Obtained admission to pursue studies (conditional offer can be considered) or currently in the first year of a Bachelor’s Degree programme at any of the Yayasan Khazanah’s approved list of universities.

      Obtained a minimum of:

      • 3As for STPM; or
      • "Jayyid Jidan" for STAM; or
      • 3As for GCE A-Level Programme; or
      • CGPA 3.50 / 4.00 for Pre-university or Diploma or Foundation or Matriculation Programme; or
      • 35 points for International Baccalaureate (IB) Diploma Programme
      Obtained a minimum of 3.50 / 4.00 in semester exam for those who are currently in the first year of a Bachelor’s Degree programme at any of our approved list of universities.
      Not exceeding 21 years of age as at the enrolment date for the Bachelor’s Degree Programme.
  • Subject Areas
    Arts & Humanities
    • ["Archaeology", "Architecture / Built Environment", "Art & Design", "Classics & Ancient History", "English Language & Literature", "History", "Linguistics", "Modern Languages", "Performing Arts", "Philosophy", "Theology, Divinity & Religious Studies"]
    Engineering & Technology
    • ["Computer Science", "Engineering - Mechanical", "Engineering - Civil & Structural", "Engineering - Electrical & Electronic", "Engineering - Mechanical, Aeronautical & Manufacturing"]
    Life Sciences
    • ["Agriculture", "Anatomy & Physiology", "Biological Science", "Pharmacy & Pharmacology", "Science"]
    Natural Sciences
    • ["Chemistry", "Earth & Marine Sciences", "Environmental Sciences", "Geography", "Geophysics", "Material Sciences", "Mathematics", "Physics"]
    Social Sciences & Management
    • ["Accounting & Finance", "Anthropology", "Business & Management Studies", "Communication & Media Studies", "Development Studies", "Economics & Econometrics", "Education", "Hospitality & Leisure Management", "Law", "Library & Information Management", "Politics", "Social Policy & Administration", "Sociology", "Sports-Related Subjects", "Statistics & Operational Research"]
  • Approved Universities
    International Centre for Education in Islamic Finance, Malaysia
    UiTM, Malaysia
    Universiti Islam Antarabangsa Malaysia, Malaysia
    Universiti Kebangsaan Malaysia, Malaysia
    Universiti Multimedia, Malaysia
    Universiti Putra Malaysia, Malaysia
    Universiti Sains Malaysia, Malaysia
    Universiti Teknologi Malaysia, Malaysia
    Universiti Tenaga Nasional, Malaysia
    Universiti Utara Malaysia, Malaysia
    University Malaya, Malaysia

    * For UiTM, only courses under the Social Science & Management field.
    * For Universiti Utara Malaysia, only for courses offered by College of Business and College of Law, Government & International Studies.

    * Applicants need to apply directly to the universities.
    * Please note that universities other than the above will not be considered.

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