What’s the general consensus on whether working as an Investment Associate in Private Equity is haram?

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Historically speaking, this group will fall into 3 groups

1) haram - leverage means taking on debt and thus should be avoided at all costs.
2) ask a sheikh
3) go for it - yes, debt is bad. But debt can be good and fuel growth.

If haram, then people in #1 must concede that all finance jobs are haram (which they usually do.)

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C1 has said it well. This is really your own call to make.

One thing I would say it’s not just finance jobs, but most jobs considering nearly all governments and most corporations run on bonds/debt - even if they’re called different things. So I’ve never really understood group 1 but at the end of the day, everyone is just trying to rationalize their own position

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I would be more concerned about the tactics of the specific firm you are looking at. Do they buy companies, grow them 3-4x and then sell? Or do they buy them and then sell off the pieces for profit? Or are they more like a VC? Or is it straight up private credit?

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“Value creation” is marketing PM1 - all pe firms generate returns thru cost cutting and add on acqs.

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