Working as a quantitative analyst/researcher

Everyday Islamic Finance Business and Career Questions
#1

Assalamualaikum. I am now in my final year in computer science degree and I am interested in working in trading/investment firm as a quantintative analyst/researcher which makes mathematical model and predict how the market will behave. Is it truly allowed to work there?

Jazak Allahy Khairan
Wassalamualaikum

1 Like
#2

Wa alaykum salaam

Can you kindly provide more info on exactly what you will be doing or the main roles in bullet points?

#3

This is the common job role

  • Use a rigorous scientific method to develop sophisticated trading models and shape our insights into how the markets will behave
  • Apply machine learning to a vast array of datasets
  • Create and test complex investment ideas and partner with our engineers to test your hypotheses
  • Join our reading circles to stay up to date on the latest research papers in your field
  • Attend academic seminars to learn from thought leaders from top universities
  • Share insights from conferences focused on statistics, machine learning, and data science
#4

Hi Muhammad Ariq,
Assalamu Aleikum,

Hope all is well, brother.

Were you able to find an answer to your question? I want to work as a quantitative developer in the future, which still falls in line with what you do, but on development side of things.

I am unable to find a just answer; I really want to learn more about this field and hopefully work in it and in need of clarification.

If you have any insight please do share. Thank you for your time.

JazakAllah Khair,
Muhammad Hamza

#5

Assalaamu alaykum,

Kindly share your specific job description.

#6

Here are job descriptions:

Iā€™d be very grateful if you answer this question @Mufti_Faraz_Adam

Salam alaykum