Home » Hanafi Fiqh » Askimam.org » Is it possible to work as a CFA and be Shariah Compliant?

Is it possible to work as a CFA and be Shariah Compliant?

Answered as per Hanafi Fiqh by Askimam.org

Is it possible to work as a CFA and be shariah compliant (not be involved in interest based transactions)?

I am considering doing CFA but before embarking on such an arduous journey, I want to be reasonably certain that I as a Muslim can actually find a niche within the corporate finance world where the income that I earn would be shariah compliant. Is there such a niche? 

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh

The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals.

There are various Shariah Compliant job opportunities for CFA Professionals in different fields such as portfolio management, consultancy, financial strategy, economic research and sales/marketing at various Islamic Banks and Financial Houses. You may contact Islamic Banks and Financial Houses to advise on job opportunities in your intended field of expertise.

You are welcome to submit your job profile in order for us to advise further.

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

Read answers with similar topics: