Necati Aydin| Alfaisal Faculty

Necati Aydin

Professor, Department of Finance

Bio

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Dr.Necati Aydin

Dr. Aydin is a Professor of Economics at Alfaisal University and the Executive Director of the Alfaisal Corporate Governance Center. He holds a bachelor’s degree in Public Finance, a master’s in International Economics, and two doctoral degrees—one in Economics and another in Education. Before joining Alfaisal, Dr. Aydin served as a researcher at Florida State University and the Florida TaxWatch Research Institute for nine years and taught at Florida A&M University and Tallahassee Community College. Over the course of his career, he has completed more than forty research projects, authored over ten books, and published numerous peer-reviewed articles. His work has been presented at leading international conferences and prestigious institutions such as Harvard and Cambridge. Dr. Aydin’s research spans a wide range of areas including government budget analysis, economic impact studies, tourism, higher and virtual education, information technology, and healthcare economics. In recent years, his focus has expanded to Islamic economics, corporate governance, development economics, subjective well-being, and neuroeconomics. He has successfully led multiple funded research projects with a combined budget exceeding 4.5 million Saudi riyals, supported by KACST, SAGIA, and CMA. His scholarship has appeared in top academic journals such as the Journal of Business Ethics, International Journal of Social Economics, and International Journal of Islamic and Middle Eastern Finance and Management. Combining deep theoretical insights with practical applications, Dr. Aydin continues to make significant contributions to advancing both conventional and Islamic economics, while shaping global conversations on governance, ethics, and human well-being.

For my recently published book on happiness, please visit Goodreads page:

https://www.goodreads.com/book/show/52635274-3d-of-happiness

For our annual conference on Islamic Moral Economy and Finance under SASE, please visit:

https://sase.org/network-r-islamic-moral-economy-and-finance/

For the academic publication, please visit the following link:

https://www.researchgate.net/profile/Necati_Aydin/contributions
For more information, you are welcome to read the attached CV.

CV

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Necati_aydin_cv_research_Oct2025.docx (149.58 KB)

Publications

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Self-Realisation Theory: Addressing the Interplay of Faith and Human Needs Beyond Self-Determination Theory

Journal Article Sun, 11/09/2025 - 22:08 ,

Aydin, N. (2025). Self-Realisation Theory: Addressing the Interplay of Faith and Human Needs Beyond Self-Determination Theory. Journal International Journal of Islamic Finance and Sustainable Development, 17(3), 21. (Original work published 2025)

Google scholar Link

https://journal.inceif.edu.my/index.php/ijifsd/article/view/1075

Concept of Happiness in Islamic Economics: A Phenomenological Approach

Conference Proceedings Tue, 02/27/2024 - 10:59 ,

Aydin, N. (2023). Concept of Happiness in Islamic Economics: A Phenomenological Approach.

Pure Phenomenology, Possibilities, and Paradigm Shift in Economics

Conference Proceedings Tue, 02/27/2024 - 10:53 ,

Aydin, N. (2022). Pure Phenomenology, Possibilities, and Paradigm Shift in Economics. (Original work published 2022)

G-Donic Happiness: An Alternative to Hedonic and Eudemonic Happiness for Sustainable Consumption

Journal Article Tue, 02/27/2024 - 10:45 ,

Aydin, N., & Khan, H. (2021). G-Donic Happiness: An Alternative to Hedonic and Eudemonic Happiness for Sustainable Consumption. Sustainability , 13(11).

Google scholar Link

https://doi.org/10.3390/su13116096

Paradigmatic foundation and moral axioms of ihsan ethics in Islamic economics and business

Journal Article Tue, 02/27/2024 - 10:48 ,

Aydin, N. (2021). Paradigmatic foundation and moral axioms of ihsan ethics in Islamic economics and business. Journal of Islamic Accounting and Business Research, 11(2), 20.

{Islamic Economics: “New Paradigm” or “Old Capitalism”?}

Book Chapter Thu, 04/18/2019 - 16:10 ,

{Islamic Economics: “New Paradigm” or “Old Capitalism”?}. (2019). In Islamic Finance, Risk-Sharing and Macroeconomic Stability. test. https://doi.org/10.1007/978-3-030-05225-6{\_}2

{Estimating The Impact Of R{&}D Spending On Total Factor Roductivity For OECD Countries: Pooled Mean Group Approach}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Estimating The Impact Of R{&}D Spending On Total Factor Roductivity For OECD Countries: Pooled Mean Group Approach}. (2018). The Journal of Developing Areas, 52(2), 159-168. https://doi.org/10.1353/jda.2018.0028

{Moral economic axioms, preference formation and welfare in Islamic economics and business}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Moral economic axioms, preference formation and welfare in Islamic economics and business}. (2018). Asian Journal of Business Ethics, 7(1), 21-36. https://doi.org/10.1007/s13520-017-0077-7

{Market Reality Versus Religious Morality: Empirical Evidence from the Saudi Arabian Labor Market}

Miscellaneous Thu, 04/18/2019 - 16:11 ,

{Market Reality Versus Religious Morality: Empirical Evidence from the Saudi Arabian Labor Market}. (2017). https://doi.org/10.1007/s10551-017-3559-6

{Psycho-economic aspiration and subjective well-being: Evidence from a representative Turkish sample}

Journal Article Thu, 04/18/2019 - 16:10 ,

{Psycho-economic aspiration and subjective well-being: Evidence from a representative Turkish sample}. (2017). International Journal of Social Economics, 44. https://doi.org/10.1108/IJSE-11-2015-0312

{Institutional values needed for transformative socio-economic development in the Muslim world}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Institutional values needed for transformative socio-economic development in the Muslim world}. (2017). Journal of King Abdulaziz University, Islamic Economics. https://doi.org/10.4197/Islec.30-SI.2

{Spirituality and subjective wellbeing: Living a fulfilled life without falling into the trap of consumer culture}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Spirituality and subjective wellbeing: Living a fulfilled life without falling into the trap of consumer culture}. (2017). Humanomics. https://doi.org/10.1108/H-03-2017-0052

{Islamic vs conventional Human Development Index: Empirical evidence from ten Muslim countries}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Islamic vs conventional Human Development Index: Empirical evidence from ten Muslim countries}. (2017). International Journal of Social Economics. https://doi.org/10.1108/IJSE-03-2016-0091

{Materialism, Hedonism, Spirituality, and Subjective Well-Being: An Empirical Study of Risale-I Nur (Rn) Readers}

Thu, 04/18/2019 - 16:11 ,

{Materialism, Hedonism, Spirituality, and Subjective Well-Being: An Empirical Study of Risale-I Nur (Rn) Readers}. (2016). https://doi.org/10.2139/ssrn.2779582

{Free market madness and human nature}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Free market madness and human nature}. (2015). Humanomics. https://doi.org/10.1108/H-12-2013-0088

{Islamic social business for sustainable development and subjective wellbeing}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Islamic social business for sustainable development and subjective wellbeing}. (2015). International Journal of Islamic and Middle Eastern Finance and Management. https://doi.org/10.1108/IMEFM-09-2014-0097

{Redefining Islamic Economics as a New Economic Paradigm}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Redefining Islamic Economics as a New Economic Paradigm}. (2015). Islamic Economic Studies.

{Pareto efficiency in individualistic vs. altruistic society}

Journal Article Thu, 04/18/2019 - 16:11 ,

{Pareto efficiency in individualistic vs. altruistic society}. (2014). Humanomics. https://doi.org/10.1108/H-01-2013-0004

{Seeking self-worth through commodity narcissism {&}amp; commodity nihilism in the light of secular and tawhidi paradigms}

Journal Article Thu, 04/18/2019 - 16:10 ,

{Seeking self-worth through commodity narcissism {&}amp; commodity nihilism in the light of secular and tawhidi paradigms}. (2013). Al-Shajarah, 18.

{Volker Nienhaus: Method and substances of Islamic economics: Moving where?}

Journal Article Thu, 04/18/2019 - 16:10 ,

{Volker Nienhaus: Method and substances of Islamic economics: Moving where?}. (2013). Journal of King Abdulaziz University, Islamic Economics. https://doi.org/10.4197/Islec.26-1.12

{A grand theory of human nature and happiness}

Journal Article Thu, 04/18/2019 - 16:11 ,

{A grand theory of human nature and happiness}. (2012). Humanomics. https://doi.org/10.1108/08288661211200988

{The 2008 financial crisis: A moral crisis of capitalism}

Journal Article Thu, 04/18/2019 - 16:11 ,

{The 2008 financial crisis: A moral crisis of capitalism}. (2011). AFRICAN JOURNAL OF BUSINESS MANAGEMENT.

{Subjective Well-Being and Sustainable Consumption}

Thu, 04/18/2019 - 16:11 ,

{Subjective Well-Being and Sustainable Consumption}. (2010). https://doi.org/10.2139/ssrn.1633620

{The Economic Impact of Academic Centers and Institutes on State-Level GRP}

Journal Article Thu, 04/18/2019 - 16:11 ,

{The Economic Impact of Academic Centers and Institutes on State-Level GRP}. (2003). The Empirical Economics Letters.