Professor Hamlet Isakhanli, Founder of Khazar University and Chairman of the Board of Directors and Trustees, was awarded the IKSAD Science Award in 2020 by the Board of Directors of the Institute for Economic Development and Social Research (Istanbul), IKSAD, for his research and support in organizing scientific congresses. On January 19, Alvan Jafarov, IKSAD Chief Representative for Azerbaijan, presented the IKSAD Science Award to Professor Hamlet Isakhanli at Khazar University. Professor Hamlet Isakhanli thanked the IKSAD Board for being awarded this prize.