Charting Your Career Path in Finance While Upholding Your Values #

Original Question:
As a current undergraduate, how should I chart my career path to a successful finance career while keeping within my religious boundaries?

Response:
The finance sector is expansive, and it’s important to recognize that banking is just one component. If you’re concerned about conventional banking practices, exploring Islamic finance is a valuable alternative. However, be mindful that the Islamic finance market in Singapore is relatively small, resulting in limited job opportunities.

Here are some potential career paths within the finance sector that align with your values:

1. Islamic Finance: Consider roles in Islamic banking, finance, or investment that comply with Sharia principles.
2. Fund Management: This area allows for investment strategies that can be aligned with ethical guidelines.
3. Stock Analysis: Working as a stock analyst can provide opportunities to evaluate investments while focusing on Sharia-compliant options.

Practical Steps to Take: #

• Internships: Seek internships at reputable firms that align with your values. These opportunities will give you insight into various roles and help you assess if they fit your career aspirations.
• Networking: Even if your initial internship doesn’t pan out, focus on securing a position in your target companies. The experience you gain, even in a role that may not be your ideal job, can serve as a stepping stone toward your desired career.
• Career Progression: Prioritize companies that offer training and clear pathways for advancement. Building your internal network will be crucial as you progress in your career.

Key Takeaway: #

Getting your foot in the door at a reputable company is often more beneficial than waiting for the perfect job. Once you’re inside, you can learn more about the industry, develop new skills, and connect with mentors who can guide you.

This advice was shared by Mr. Basheer Buhari during the Raya Networking Webinar in 2020.