Academic Staff



He completed undergrdaate and graduate studies in economics in METU, Leeds University and Nottingham University. He became an assocatiate professor in economic development and international economics. He taught principles of economics, development economics, international economics and macroeconomics in various universities. He published many articles in national and international journals and presented papers. He is currently the dean of the School of Humanities and Social Sciences.


Mohamad Lutfi HAMMOUR

Professor Mohamad Hammour is an academic economist as well as a practitioner of participation finance.

As an academic economist, Dr. Hammour has served as: a member of the economics faculty at Columbia University and of the visiting faculty at the Massachusetts Institute of Technology in the United States; a Director of Research at the Centre National de la Recherche Scientifique in France; a Research Fellow at the Centre for Economic Policy Research in the United Kingdom; and a consultant to the World Bank. His research has been published in American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Review of Economic Studies, Journal of Development Economics, and other scholarly publications.

As a practitioner, Dr. Hammour is the Founder and Chairman of Guidance Financial Group, an international financial services company dedicated to Shariah-compliant finance and investment. Businesses established by Guidance Financial Group include: Guidance Residential, the dominant Shariah-compliant housing finance provider in the United States; Dar Al Tamleek, a leading housing finance provider in Saudi Arabia; Bank Al Yousr, a new participation bank in Morocco established in partnership with Banque Populaire; Guidance Investments, a specialty investment company that has created a series of Shariah-compliant institutional funds focused on the private equity, real estate and equipment leasing sectors across the globe; and Shaza Hotels, a hotel management company established in partnership with Kempinski Hotels.

Dr. Hammour holds a B.A. in Philosophy and an M.S. in Industrial Engineering from Stanford University and a Ph.D. in Economics from the Massachusetts Institute of Technology.


Erhun KULA

Professor Erhun Ibrahim Kula graduated in economics from Marmara University and then obtained an MSc degree at the University College Swansea and a Ph.D from Leicester University.

His main fields of interest are environmental economics and cost-benefit analysis. He published widely in the leading international economic and environmental science journals. Also he is the author of eight books printed by leading publishing houses in the United States of America and the United Kingdom. Some of these books have been translated into a number of foreign languages including Chinese. In 2012 and 2013 he was nominated for the Environmental Nobel Prize (ENI Award) for his research and publications on environmental protection.

He taught at Universities of Swansea, Ulster, London, Honk Kong, Hanoi and Bahcesehir. He supervised dozens of MSc and two Ph.D students who came from many corners of the world. One of his recent teachings was on cost-benefit analysis for the European Union civil servants at the DG Regio in Brussels. On a number of occasions he advised British and Irish governments on economic and environmental issues.

Associate Professor


Rasim Ozcan, an Associate Professor of Economics, is the owner of the best paper by a younger scholar prize by the Industrial Organization Society in 2012. He taught several courses at different universities including Harvard University, Northwestern University, Boston College, Boğaziçi University, Koç University and Sabancı University. He has been serving as a consultant and an advisor for several years. He is an expert in applying game theoretic analyses to markets, strategic interactions between firms, and developing business strategies.

While at ERS Group, his engagements encompassed a wide range of economic, business strategic, antitrust, regulatory, and governance issues in a variety of industries. As a consultant he prepared expert reports for regulatory agencies and antitrust cases in courts, specifically on financial markets, telecommunications, natural gas and electric power markets; and provided advice on making strategic business decisions. He also advised participants of spectrum auctions in the U.S. and Canada and led them in their strategic decision making processes during these high stake auctions. He provided consulting services in forming business strategies and assessing market power in the aforementioned industries, and conducted competitive assessments of merger filings, and after-the-fact analysis of market manipulation.

Professor Ozcan has several published papers at leading academic journals as well as many nonacademic articles. He received his Ph.D. in Economics from Boston College, and his M.A. in Economics from Boğaziçi University. He holds a B.S. in Mathematics from Boğaziçi University.

Assistant Professor


Yusuf Varlı graduated from Istanbul Bilgi University and London School of Economics with honor degree B.Sc. in Mathematics-Economics. He worked as Teaching Assistant in the Department of Economics at the University of Iowa and got M.A. Degree from the same department. After finishing his doctoral studies, he earned Ph.D. Degree in Economics from Istanbul Bilgi University. Also, he has been at Syracuse University as Visiting Research Scholar. In addition to his academic studies, Yusuf Varlı has worked in the positions of Researcher and Advisor to Chairman in Borsa İstanbul and has given lectures in various certificate programs organized for sector partners. Currently he has been working at Ibn Haldun University as Assistant Professor and has several academic publications in the areas of his research interests, which mainly are Real Estate Finance, Islamic Finance, Applied Econometrics and Behavioral Finance.