Razi Mohiuddin

@elonmusk Didn’t I read in some history books that someone named Lord Mountbatten was the Viceroy General of India? And before him where were many many others like him for several hundred years that spoke no local languages, and had heavy British accent. Or perhaps my memory is fading.

I’m sure that’s about to happen any day now 🤣

I'm increasingly convinced that diminishing Mushāraka (as implemented in the US) is all form, no substance: - Client holds all risk and pays all liabilities. - Financier only has a financial stake with no real liability. - Client is precluded from sale, disposal, etc w/o financier's permission. - Financier holds all control and maintains all protections. - "Partnership" purchases disguise standard amortization. The 'profit rate' is then functionally identical to interest, and the "partnership" is a legal fiction, not a reality. There may be a few companies out there doing it right, but this is where my current research has led me.

@SafeerInvests @joebradford @withneeyah And creates an opportunity for investors to have a stable income alternative that is also sharia compliant backed by real estate - unlike fixed income market or CDs. Critical as a diversification strategy as one gets older and needs to reduce exposure to the market fluctuations

@joebradford @withneeyah Best part is doing it the right way arguably creates the highest performing way to invest in residential real estate. Traditional risks of tenant turnover from missing income to repair costs are mitigated. Can concretely say that after managing 100+ the traditional way.

@Benioff @warriors @farhadnoorzay and @Hoopfit_ make something similar for home basketball.

Who makes this rebound robot? ❤️🏀

From the outset, Neeyah's mission has been to facilitate home ownership through the most ethical home financing solution. As a co-owner and partner, Neeyah shares in risks, profits, and losses. Neeyah contributes its portion of major expenses such as home insurance, property taxes, and significant repairs or maintenance costs. I am excited to see that Neeyah has also become an excellent investment opportunity. Muslim investors often grapple with being over-reliant on equities (i.e., the stock market) because traditional fixed-income assets — such as savings accounts, certificates of deposit, bonds, and treasuries — are interest-based and not permissible. Neeyah enables ethical investors to fill this "fixed income" gap in their portfolios with "stable income" from real estate thereby also providing diversification through a relatively low-risk asset class. Investors achieve all this while empowering more families to achieve home ownership, build wealth, and establish roots. May Allah bless their efforts and accept their work.

Introducing Neeyah 👋 We’ve always believed in homeownership without compromise.🏡 For years, we waited for an option to own a home without it being a mortgage in disguise—one that involved sharing in profits/losses, risk, expenses, and not selling the ‘partnership’ off to some bank. But, we got tired of waiting…. So, we built Neeyah — a new way to own a home, debt-free and without a mortgage. We’re on a mission to offer debt-free home financing tailored for Muslim Americans. With our innovative co-ownership model, we believe we’re on the way to do just that. It’s been a long time coming, so we’re excited to finally start sharing more about Neeyah and our community. Join us on our journey as we make homeownership a reality for families, without compromise.

🚀 We’re thrilled to launch our #1 most requested feature till date — Guardrails Server. With Server, users can setup a dedicated endpoint to validate LLM response in less than 3 lines of code. Guardrails Server is part of our newest 0.5.0 release, with features including (1/n)

AWS App Studio opens up AWS to the next 100 million builders! Fastest and easiest way to build applications! Start with a prompt, and end with a real, enterprise grade, fully managed AWS application. Free to build, connect to your data, customize easily, and pay only for usage

Announcing @awscloud App Studio, the fastest and easiest way to build applications! Start with a prompt, and end with a real AWS application - fully managed by AWS. It’s been an amazing journey and working on this!

@elonmusk Consider pcrf.net

X Corp will be donating all revenue from advertising & subscriptions associated with the war in Gaza to hospitals in Israel and the Red Cross/Crescent in Gaza

@amasad 1970! Wow! Wasn’t that much before the current bogeyman came into existence?

Speaking of the hero Bertrand Russell—his very last thing that he wrote, a few days before he died, was his thoughts on the Middle East situation. Short read, super relevant, reproduced below. Bertrand Russell's Last Message: Israel-Palestine War January 31, 1970 The latest phase of the undeclared war in the Middle East is based upon a profound miscalculation. The bombing raids deep into Egyptian territory will not persuade the civilian population to surrender, but will stiffen their resolve to resist. This is the lesson of all aerial bombardment. The Vietnamese who have endured years of American heavy bombing have responded not by capitulation but by shooting down more enemy aircraft. In 1940 my own fellow countrymen resisted Hitler’s bombing raids with unprecedented unity and determination. For this reason, the present Israeli attacks will fail in their essential purpose, but at the same time they must be condemned vigorously throughout the world. The development of the crisis in the Middle East is both dangerous and instructive. For over 20 years Israel has expanded by force of arms. After every stage in this expansion Israel has appealed to “reason” and has suggested “negotiations”. This is the traditional role of the imperial power, because it wishes to consolidate with the least difficulty what it has already taken by violence. Every new conquest becomes the new basis of the proposed negotiation from strength, which ignores the injustice of the previous aggression. The aggression committed by Israel must be condemned, not only because no state has the right to annexe foreign territory, but because every expansion is an experiment to discover how much more aggression the world will tolerate. The refugees who surround Palestine in their hundreds of thousands were described recently by the Washington journalist I.F. Stone as “the moral millstone around the neck of world Jewry.” Many of the refugees are now well into the third decade of their precarious existence in temporary settlements. The tragedy of the people of Palestine is that their country was “given” by a foreign Power to another people for the creation of a new State. The result was that many hundreds of thousands of innocent people were made permanently homeless. With every new conflict their number have increased. How much longer is the world willing to endure this spectacle of wanton cruelty? It is abundantly clear that the refugees have every right to the homeland from which they were driven, and the denial of this right is at the heart of the continuing conflict. No people anywhere in the world would accept being expelled en masse from their own country; how can anyone require the people of Palestine to accept a punishment which nobody else would tolerate? A permanent just settlement of the refugees in their homeland is an essential ingredient of any genuine settlement in the Middle East. We are frequently told that we must sympathize with Israel because of the suffering of the Jews in Europe at the hands of the Nazis. I see in this suggestion no reason to perpetuate any suffering. What Israel is doing today cannot be condoned, and to invoke the horrors of the past to justify those of the present is gross hypocrisy. Not only does Israel condemn a vast number. of refugees to misery; not only are many Arabs under occupation condemned to military rule; but also Israel condemns the Arab nations only recently emerging from colonial status, to continued impoverishment as military demands take precedence over national development. All who want to see an end to bloodshed in the Middle East must ensure that any settlement does not contain the seeds of future conflict. Justice requires that the first step towards a settlement must be an Israeli withdrawal from all the territories occupied in June, 1967. A new world campaign is needed to help bring justice to the long–suffering people of the Middle East.

@typesfast While not disagreeing on corruption index, one other perspective. NY parking costs are exorbitantly high, especially for poor nations where the per capita income is low. These nations probably spend a significantly higher % of their budgets to maintain their UN missions

My favorite econ paper correlated the unpaid parking tickets of UN diplomats in NYC with the UN corruption index. They have diplomatic immunity so don't need to pay the tickets, but people from low corruption countries paid anyways.

@amasad CLI is back!

Some UX predictions for the coming age of LLMs:

@KrissBergTweets Houston, Dallas, Chicago, Detroit in order but the top 30 US cities and their suburbs have a decent Muslim/Pakistani population, grocery stores, restaurants and community. The decision should be more based on other factors such as weather, relatives/friends, affordability, etc.

We’re helping our Pakistani software developer get his green card to move his family to the US. 2 young kids, wife is an MD, Muslim. Where would you recommend they live in the US?

@Claywards @TripleNetInvest How do you find nurses looking for MTR?

@TripleNetInvest Furnished apartments with medium term leases, like 90 days. Average contract nurses contract is 13 weeks. The largest hospital in my area has 2,400 nurses and 1/3rd of them are travelers.

The next big winning deals r not going to be within expensive assets & mkts that've worked well over the last 15 yrs They're going be from assets & mkts where meaningful institutional money is not yet present What assets classes or mkts r institutions ignoring or sleeping on?

@realEstateTrent QQQ is even better. Dollar cost average into and forget

Best way to play the stock market? Over the better part of three decades I’ve spoken about this with: •money managers •business executives •business professors •billionaires •financial analysts •Wall Street execs •MBA graduates By far the smartest overall stock pick is:

@austin_rief Life insurance especially whole or universal, except when used as a tool for estate planning

What's a scam that's become so normalized that we don't even realize it's a scam anymore?

@nbaschez The great employee musical chairs is starting as people will change companies to have their compensation “marked to market” to the new lower stock prices.

Shit is hitting the fan 😟 I’ve worked in tech since 2010, and the whole time people have been publishing articles warning that there was a tech bubble just about to burst. Now, the long-awaited tech correction might actually be happening.

@realEstateTrent For my kids, making them street smart was more valuable than any college education. One example: they bought/sold items on Craigslist and eBay in 10th and 11 grade - and learned about marketing, pricing, negotiation, fraud, communication, value of money and many other things

Parents who decide to push their kids toward an Ivy League education: Are you doing it for them, or for you? Honest question.

Mortgage rates took a break from their recent rise last week. Home buyers definitely not taking any breaks! Inventory down to new low 244,000 single family. 80k more listed this week. Charts in the @altosresearch video show their pre-pandemic comps this week. 📽️🧵👇 1/7