Razi Mohiuddin

Startups, Investments & Real Estate.

[Razi Mohiuddin @rmohiuddin]

@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.

[Joe @joebradford]

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.

[Razi Mohiuddin @rmohiuddin]

@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

[Razi Mohiuddin @rmohiuddin]

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

[Umer Khan @umer_khan]

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.

[Safeer Mohiuddin @SafeerInvests]

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.

[Guardrails AI @guardrails_ai]

🚀 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)

[Razi Mohiuddin @rmohiuddin]

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

[Adam Seligman @adamse]

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!

[Razi Mohiuddin @rmohiuddin]

@elonmusk Consider https://t.co/DEoYYfdm3c

[Razi Mohiuddin @rmohiuddin]

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

[Razi Mohiuddin @rmohiuddin]

@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

[Razi Mohiuddin @rmohiuddin]

@amasad CLI is back!

[Razi Mohiuddin @rmohiuddin]

@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.

[Razi Mohiuddin @rmohiuddin]

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

[Razi Mohiuddin @rmohiuddin]

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

[Razi Mohiuddin @rmohiuddin]

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

[Razi Mohiuddin @rmohiuddin]

@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.

[Razi Mohiuddin @rmohiuddin]

@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

[Mike Simonsen 🐉 @mikesimonsen]

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.

📽️🧵👇

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