Cem Korkut, Ph.D. is Associate Professor at the Department of Economics of Ankara Yildirim Beyazit University (AYBU). He is also a research fellow and advisor to the President at the Turkish Academy of Sciences (TUBA). He completed his MA in Economics at AYBU in 2014. He studied Ottoman cash waqfs (pioneer of current Islamic/interest-free financial institutions) in his thesis. He completed his Ph.D. at Istanbul Sabahattin Zaim University (IZU) with a thesis on capital formation, accumulation, and structure in Islamic economics. Dr. Korkut is an active member of the Ankara Center for Thought and Research (ADAM) and executive of Islamic Economics School. His main academic interests are Islamic Economics, Islamic Banking and Finance, Macroeconomic Policies, World Economy in the Longue Durée, Ottoman Economic History and Economic Development Paradigms of Different Societies.