Think Different

  At 50, I am proud of the extraordinary milestones I've achieved by solving and implementing complex, critical solutions that drive business success. 🌟 Experience has been my greatest teacher, and I continue to be driven by a passion for lifelong learning. I'm constantly updating my skills and knowledge to stay ahead in fields related to my work and future career. 📚✨ I thrive on taking on new domains and challenges and consistently deliver solutions faster than expected. Age is not a barrier—it's a testament to my dedication, expertise, and relentless pursuit of excellence. Even in short-term and contract opportunities, I've successfully delivered in different challenging environments, competing on an international stage. This has only strengthened my adaptability and problem-solving skills. I owe a great deal of my success to my mother, wife, and son. Their unwavering support and understanding have given me the time, effort, and focus to continue learning and achiev...

  Islamic banks, or Sharia-compliant banks, operate without charging or paying interest on loans. Instead, they generate revenue by sharing risks with their clients. How It Works No Interest Islamic banks abstain from charging or paying interest on loans as the Holy Quran forbids riba, the Arabic term for interest. Risk Sharing These banks earn by sharing risks with their clients. For instance, they might purchase a property and then lease it to the customer. Profit When a loan is repaid, Islamic banks make a profit. This profit is structured in a way that avoids reliance on interest. Why It's Important Islamic banking aims to further the socio-economic objectives of the Islamic community. It bans usury and speculation, which are considered exploitative, and is based on the principle of equal sharing of profits, losses, and risks. In addition to not having interest rates, Islamic finance's key principle is risk sharing among parties in all transactions. Below are some key Sh...

 Many of us know about AIG bailout by the US federal govt after 2008 market crash. AIG (American International Group) faced a near-collapse during the 2008 financial crisis due to several factors. Here are the key reasons: 1. Credit Default Swaps (CDS): AIG sold a large number of CDS, which are essentially insurance contracts on bonds. When the housing market crashed, the mortgage-backed securities underlying these CDS defaulted, leading to massive losses. 2. Securities Lending: AIG engaged in securities lending, which also resulted in significant losses when the value of the securities dropped. 3. Poor Risk Management: AIG’s risk management practices were inadequate, and the company took on excessive risk without proper oversight. 4. Deregulation: The deregulation of the financial industry allowed AIG to engage in risky financial practices without sufficient regulatory oversight. 5. Over-reliance on Mortgage-Backed Securities: AIG heavily invested in mortgage-backed securities, wh...

Financial Engineering: Key Concepts Financial engineering is a multidisciplinary field that combines financial theory, mathematics, and computer science to design and develop innovative financial products and solutions. Here's an in-depth look at the key concepts you mentioned: 1. Statistical Analysis Statistical analysis is a crucial component of financial engineering. It involves using statistical techniques to analyze and interpret financial data, such as: Hypothesis testing : to validate assumptions about financial data Regression analysis : to model relationships between variables Time series analysis : to forecast future values based on historical data Probability distributions : to model and analyze risk Statistical analysis helps financial engineers to identify trends, patterns, and correlations in financial data, which informs decision-making and risk management. 2. Machine Learning Machine learning is a subset of artificial intelligence that involves training algorithms t...