İstanbul Bilgi University has been permanently closed, as reported by El-Balad. This decision comes following a series of significant actions involving its founding foundation. A trustee was appointed to the university’s foundation, leading to the withdrawal of its operating license.
Closure Details of Istanbul Bilgi University
The official notice states: “The operating license of Istanbul Bilgi University has been revoked in accordance with Article 11 of the Higher Education Law No. 2547.” This legal action reflects ongoing investigations into the institution and its affiliated entities.
Background of Legal Actions
In September 2025, authorities launched an operation against Can Holding, which owns Istanbul Bilgi University. This operation resulted in trustees being appointed to 121 companies linked to the holding.
- Can Holding and its affiliated companies were under investigation.
- The operation was part of a broader inquiry by the Istanbul Küçükçekme Prosecutor’s Office.
- One of the companies managed by Can Holding was Doğa Bilgi Okulları İşletmeciliği.
Financial Context
It is noteworthy that Istanbul Bilgi University was sold to Can Holding for approximately 90 million dollars. This transaction has raised questions about the institution’s future and operational integrity.
The university’s closure marks the end of an era for a notable educational institution in Turkey. Students and faculty will now face uncertainty regarding their academic futures.
