I thought FP&A was the “safe” path in Finance as Muslim. Now I’m stuck
I was pretty set on building my career in Finance.
But the more roles I research, the more I realize that a lot of finance jobs can involve things that I personally want to stay away from as a practicing Muslim.
Then I found FP&A (Financial Planning & Analysis)
And honestly, I loved it
Budgeting. Forecasting. Financial modeling. Variance analysis. Business planning. Helping management make decisions.
And it seemed like the perfect combination of finance + analytical work without getting directly involved in banking
But now I have started looking at actual FP&A job descriptions and I have noticed something that worries me.
Some FP&A roles can also involve things like preparing or reviewing conventional interest-bearing loan documentation or analyzing interest expenses or financing options...Sometimes working with Treasury on debt/financing and supporting conventional borrowing activities
And that's where I'm stuck
As a Muslim, I try to be very careful about what I earn and what I directly participate in.
And right now I am thinking "If the main job is halal, but part of the job requires me to directly work on something haram, what does that mean for the job and income as a whole?"
So now I'm trying to figure out what a realistic career path looks like for someone who wants to work in finance without constantly worrying about crossing a line
I'm also about to move to Germany for a Master's in Finance, so this isn't just a theoretical question for me. I need to make a career decision fairly soon.
And honestly, I'm stuck. :(
So, if you're Muslim and working in finance/accounting in Germany or elsewhere, how have you approached this?
I would really appreciate practical advice from people who have actually been through this.