Dynamic Disease Spread Models For Advanced Financial Risk Management

  • Date & Time:
    • November 12, 2024
    • 12:00pm - 01:00pm
  • Venue:
    • AU Auditorium & MS Teams
Seminar / Workshop

Dynamic Disease Spread Models for Advanced Financial Risk Management

About this Topic

This talk presents the SUIR model, adapted from epidemiology, to assess interest rate risk among borrowers. It categorizes clients as Stable, Unstable, Isolated, or Recovered, helping identify high-risk clients and evaluate interventions. The model uses a reproduction number to understand risk spread. I will discuss how this approach can enhance financial stability and its potential for the Islamic financial industry.

Speaker

Dr. Sadeq Damrah

Assistant Professor in the Department of Mathematics and Physics at the Australian University

Dr. Damrah is an Assistant Professor in the Department of Mathematics and Physics at the Australian University. His background is in mathematics, focusing on the development and application of mathematical models and computational methods in finance, particularly Islamic finance.

Dr. Damrah specializes in using differential equations, optimization, and statistical modeling to solve financial challenges, emphasizing Sharia-compliant solutions and sustainable finance. He is also committed to teaching and mentoring students in courses like calculus, differential equations, statistics, and financial mathematics, encouraging them to apply mathematical concepts to real-world problems.

Dr. Damrah holds degrees from Manhattanville University in New York, the University of Alabama, and WISE University in Jordan.