A novel magnetic current based Surface-Volume-Surface Electric Field Integral Equation (SVS-EFIE-M) is presented for the problem of scattering on homogeneous non-magnetic dielectric objects. The exact Galerkin Method of Moments (MoM) utilizing both the rotational and irrotational vector spherical harmonics as orthogonal basis and test functions according to the Helmholtz decomposition is implemented to solve SVS-EFIE-M analytically for the case of dielectric sphere excited by an electric dipole.